Comments on: Do as I say, Not as I do? http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/ Helping you invest and prosper Sat, 11 Feb 2012 19:27:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dave http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/#comment-16916 Dave Thu, 04 Jan 2007 22:31:14 +0000 http://www.canadiancapitalist.com/2007/01/03/do-as-i-say-not-as-i-do#comment-16916 CC: Well said. The easiest way to time the market without actually timing the market is to rebalance. I would recommend to anyone that they pick an asset allocation and stick with it, rebalancing when things get really out of whack. My ex-advisor underweighted me (at 15%) in US equities because he thought they weren't going to do so well (he specifically mentioned their depreciating currency). I disagreed with this approach (but let him do it anyway). I would have preferred to just go with 25% US (rather the having the extra 10% in Canadian equities) and rebalance if the US market did indeed fall. CC: Well said.

The easiest way to time the market without actually timing the market is to rebalance. I would recommend to anyone that they pick an asset allocation and stick with it, rebalancing when things get really out of whack. My ex-advisor underweighted me (at 15%) in US equities because he thought they weren’t going to do so well (he specifically mentioned their depreciating currency). I disagreed with this approach (but let him do it anyway). I would have preferred to just go with 25% US (rather the having the extra 10% in Canadian equities) and rebalance if the US market did indeed fall.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/#comment-16902 Canadian Capitalist Thu, 04 Jan 2007 19:28:52 +0000 http://www.canadiancapitalist.com/2007/01/03/do-as-i-say-not-as-i-do#comment-16902 I disagree that investors should stay away from US equities. The laundry list of problems in the US is well known: budget deficits, trade deficits, depreciating currency etc. I think the time to buy is when few others are willing to make the same bet. I disagree that investors should stay away from US equities. The laundry list of problems in the US is well known: budget deficits, trade deficits, depreciating currency etc. I think the time to buy is when few others are willing to make the same bet.

]]> By: Crzay8 http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/#comment-16893 Crzay8 Thu, 04 Jan 2007 13:59:04 +0000 http://www.canadiancapitalist.com/2007/01/03/do-as-i-say-not-as-i-do#comment-16893 Good idea to stay away from the US investment. The value of the US dollar went down 11% over the last year. There's no sign of recovery. Good idea to stay away from the US investment. The value of the US dollar went down 11% over the last year. There’s no sign of recovery.

]]> By: Canadian Money Blogs Reviewer http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/#comment-16891 Canadian Money Blogs Reviewer Thu, 04 Jan 2007 13:23:16 +0000 http://www.canadiancapitalist.com/2007/01/03/do-as-i-say-not-as-i-do#comment-16891 I am moving to ETFs too but like CC I keep buying stocks (outside my RRSP). Other than the fact it's fun, I still hope to learn enough to beat the market once in a while (maybe it will never happen :-). One interesting ETF I found for dividends is DOO-N. It's the 100 highest dividend paying companies worldwide. I am moving to ETFs too but like CC I keep buying stocks (outside my RRSP). Other than the fact it’s fun, I still hope to learn enough to beat the market once in a while (maybe it will never happen :-) .

One interesting ETF I found for dividends is DOO-N. It’s the 100 highest dividend paying companies worldwide.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/#comment-16874 Canadian Capitalist Thu, 04 Jan 2007 04:28:06 +0000 http://www.canadiancapitalist.com/2007/01/03/do-as-i-say-not-as-i-do#comment-16874 Dave: iShares introduced a bunch of ETFs recently. I've been meaning to write a post on them. I think I'll still pick stocks for my Canadian portion. I've owned TD for more than 5 years now and I don't intend to sell the two banks I hold: TD and BNS. Add in an insurance company, a pipeline utility, maybe one energy name and one or two consumer stocks (I already hold L), I figure I'll do okay. Dave: iShares introduced a bunch of ETFs recently. I’ve been meaning to write a post on them.

I think I’ll still pick stocks for my Canadian portion. I’ve owned TD for more than 5 years now and I don’t intend to sell the two banks I hold: TD and BNS. Add in an insurance company, a pipeline utility, maybe one energy name and one or two consumer stocks (I already hold L), I figure I’ll do okay.

]]> By: Dave http://www.canadiancapitalist.com/do-as-i-say-not-as-i-do/#comment-16873 Dave Thu, 04 Jan 2007 04:15:22 +0000 http://www.canadiancapitalist.com/2007/01/03/do-as-i-say-not-as-i-do#comment-16873 One thing you could do with your Canadian portfolio (if you are interested in getting away from stock-picking) is to by a few different Canadian sector ETFs. Or just buy XIC and then offset the weightings to what you want a bit by buying another ETF or two. Just an idea, not sure if that would be a good idea or not. If comissions were $0 I don't really see what is wrong with it. Actually, I just went to the iShares website and noticed XCV which tracks the Dow Jones Canada Select Value Index. I blogged about TD's similar ETF (which <a href="http://www.investingintelligently.com/2006/01/09/td-gets-out-of-etf-market/" rel="nofollow">was discontinued</a>) a while back and I'm pretty sure I totally missed the announcement on this one. Might be a better balance in there than XIC, for example... Hmm, looks like it is even more heavily weighted towards banks and financials (55% vs. 30%!) but a bit less energy/oil&gas. Interesting. Interesting that iShares is carrying this ETF now. One thing you could do with your Canadian portfolio (if you are interested in getting away from stock-picking) is to by a few different Canadian sector ETFs. Or just buy XIC and then offset the weightings to what you want a bit by buying another ETF or two. Just an idea, not sure if that would be a good idea or not. If comissions were $0 I don’t really see what is wrong with it.

Actually, I just went to the iShares website and noticed XCV which tracks the Dow Jones Canada Select Value Index. I blogged about TD’s similar ETF (which was discontinued) a while back and I’m pretty sure I totally missed the announcement on this one. Might be a better balance in there than XIC, for example… Hmm, looks like it is even more heavily weighted towards banks and financials (55% vs. 30%!) but a bit less energy/oil&gas. Interesting. Interesting that iShares is carrying this ETF now.

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