Canadian Capitalist

In a traditional mortgage, a little bit of the loan principal is paid down with every mortgage payment. The Smith Manoeuvre (SM) leverages the fact that interest expense on an investment loan is tax deductible (but interest on a mortgage isn’t) by taking out an investment loan equal to the principal payment portion of every [...]

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The following question is from JS:
The following I found at dividendgrowth.ca. What are your thoughts on this opinion?
“I do not buy ETFs because, essentially, I reckon you are buying an index. In the tech crash of 2000, indexes went down…some, way down. My dividend growth stocks went up. I’d rather pick my own assets…safer [...]

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I’m traveling on business and couldn’t find the time to write a decent post, so here’s a collection of links that you may find useful if you are in a strange city and want to get some cash:

CIBC / President’s Choice
RBC Royal Bank
TD Canada Trust
BMO Bank of Montreal
Scotiabank
National Bank
Laurentian Bank

Have a nice weekend!

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Investing Intelligently recently wrote a nice rebuttal of Rob Carrick’s article on how actively managed funds handily beat the index during the last bear market. You may not be able to count on mutual funds outperforming the index in the next bear market though. David Breman notes in today’s Financial Post that Canadian equity funds [...]

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With only eighteen days left to get all your Christmas shopping done, I figured I’ll do a fun post on some more gift ideas:

GPS Navigators are dropping in price and you can find one with a small 3.5″ screen for under $200 these days. We don’t have one because with young kids, we don’t drive [...]

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I have a business trip coming up and since it snowed heavily last night in Ottawa, I dropped into the nearest TD Canada Trust Branch instead of a RBC Branch (where we hold all our chequing accounts) to exchange some Canadian dollars into US dollars. We have our investment accounts with TD Waterhouse and I [...]

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Thanks to everyone who participated in the Third Blog Anniversary Giveaway, which received a record 224 comments and an extra 65 comments and blog entries. The winner of the iPod is Peter from Calgary and the winners of the gift certificates are Antonie from Toronto and Tavis from Calgary.
I would also like to thank the [...]

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