- If you are a Blogger, don’t forget to submit one recent post to the upcoming Tour of Canadian Personal Finance Blogs. I have received only five entries so far and a few more submissions will make it a successful event.
- Jon Chevreau points out to a study which reveals how bad the returns of Labour-Sponsored Investment Funds have been: “Between 1991 and 2005, he says, labor funds earned rates of return lower than treasury bills”.
- The Easy Chair Portfolio (20% cash, 30% bonds, 35% Canadian Equity, 15% US Equity) has posted a 10-year annualized return of 8.7%. Not bad for a portfolio that takes a few minutes to assemble and even less to maintain.
- Rob Carrick does mention one low-fee bond index fund in his column on bond fund investing. The full column can be found here.
- Investoid digs up some memorable Warren Buffett quotes.
- Million Dollar Journey stole of a bit of my thunder with his post on when ETF investing makes sense over index mutual funds. I’ll still publish my post because I have some additional thoughts.
- Thanks to Money Diva, I discovered that Toronto Star columnist Ellen Roseman writes a personal finance blog.
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3 responses so far ↓
1 Mike // May 18, 2007 at 7:06 am
I’ve been following the Easy Chair series. They are certainly spreading out the series quite a bit.
8.7% is good but it would be nice if they could compare with indexes for return and volatility.
2 FrugalTrader // May 18, 2007 at 5:12 pm
Thanks for the link CC, much appreciated.
FT
3 Phil S // May 19, 2007 at 8:05 am
Labour Sponsored Investment Funds can be thought of as Private Equity funds as one of the purposes of their existence is to invest in private companies. It’s unfortunate that in the past history of this class of investment, the investment managers all come from the mutual fund world and have no idea what the heck they’re doing when they step into the private equity or venture capital world. This class of investment could be so much more if it were run by private equity players.
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