Canadian Capitalist

A Canadian Personal Finance Weblog

Entries from July 2007

What’s on Your Shopping List?

July 31st, 2007 · 21 Comments

While it is painful to experience sharp losses, market downturns are typically a very good time to shop for stocks. In the market lows of 2002 or 2003, you could have blindly picked up a group of stocks and still made a decent profit. I have no idea if the sharp sell-off last week is [...]

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Tags: Investing

Revisiting High-Interest Savings Accounts

July 30th, 2007 · 19 Comments

A few years back, ING Direct was pretty much the only game in town, offering online savings accounts with much higher interest rates than anyone else. Today, Canadians have such an array of choices available that ING Direct is not the de facto or the best option anymore. Here are some of the recent (and [...]

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Tags: Saving

Primer on Warrants

July 30th, 2007 · 3 Comments

If you dabble in individual stocks (specifically small-cap stocks), eventually one of your holdings will offer you a warrant. A warrant allows you to buy a set amount of shares at a set price within a certain time period. Warrants are issued to entice investors to buy into an equity or debt offering by the [...]

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Tags: Investing

This and That

July 26th, 2007 · 7 Comments

The biggest news this week is of course the plunge in stock markets. There was no place to hide - Canadian, US and international stocks all fell sharply. I don’t know if this is a short sharp correction or the beginnings of a bear market but it is important to remember that stocks move both [...]

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Tags: Miscellaneous

REITs: Risks and Returns

July 25th, 2007 · 15 Comments

In response to an earlier post on iShares CDN REIT Sector Index Fund (XRE), some readers were interested in the historical risk and return characteristics of REITs. David Swensen writes in Unconventional Success that real estate is riskier and more rewarding than bonds and has less risk and lower returns than equities:
Shorter-term data on market [...]

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Tags: Investing · REITs

Fraud Prevention Tips

July 24th, 2007 · 11 Comments

We recently received a call from our credit card provider asking to confirm some recent transactions. This has happened a few times already and the only reason I can think of is that we used the credit card once at Winners last Fall (As you may recall, credit and debit card information was stolen from [...]

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Tags: Consumer

Portfolio Performance Analysis

July 24th, 2007 · 11 Comments

Reader LA sent the following comment about a major weakness of online brokers - the absence of portfolio performance analysis tools.
It seems to me it would be a simple matter for a brokerage firm to include analysis tools on their websites since all the data is already in their computers.
In order to get this portfolio [...]

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Tags: Investing

TD Waterhouse Review

July 23rd, 2007 · 15 Comments

Last week, I reviewed RBC Direct Investing to complement Million Dollar Journey’s series of posts covering discount brokers and in this post, I’ll offer my thoughts on TD Waterhouse. We got our first account with TD Waterhouse when the broker purchased the Canadian arm of Ameritrade, which used to offer $10.99 trades for US equities, [...]

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Tags: Discount Brokers · Investing

This and That: Blog Edition

July 19th, 2007 · 1 Comment

If you order a cold drink at Second Cup, you might as well order a small instead of a medium. Ellen Roseman found that the quantity is the same but the medium costs 40 cents more.
Melanie of Canadian Mortgage Trends estimates how the recent rate hike by our central bank will affect you if you [...]

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Tags: Miscellaneous

This and That

July 18th, 2007 · 5 Comments

Rita Trichur, a journalist with The Toronto Star, is looking to interview people living in the GTA who are enticed by a spate of new promotions offered by the big banks (like the offer of an iPod from TD Bank) and are looking to switch. Interested readers can contact her at rtrichur-at-thestar-dot-ca.
Thanks to Jon for [...]

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Tags: Miscellaneous