Aug 3, 2018
In Episode 3 of the Rational Reminder podcast we discussed the following:
- Should you lease or buy your vehicle?
- How are the new mortgage stress tests affecting Canadian real estate?
- Home ownership is not required to build wealth, with a little discipline
- Amazon’s size is not unprecedented
- Successfully investing in growth stocks is really hard
- Consolidation in the Canadian asset management industry
- Independence benefits wealth management clients
- Are backend loads on mutual funds still a thing?
- Fund companies pushing anti-evidence
- Financial advice is about more than just the portfolio
- We are still waiting for lower stock valuations, high inflation, and high interest rates
- If you’re not worried, you don’t have a high expected return
- Are we living in exceptionally uncertain times?
- Small cap and value returns comes from rebalancing
The stories we talked about:
- Report on the Housing and Mortgage Market in Canada
- Federal policies suppressing housing activity, creating a negative shift in sentiment for homebuyers, according to latest consumer report
- Amazon’s eating the world – and the stock market
- Is Amazon Changing the World, and the Stock Market?
- The Most Valuable Companies of All-Time
- TD Bank becomes Canada's biggest money manager with $792-million deal to buy Greystone Managed Investments
- Banning Embedded Commissions Would Not Have Fixed Financial Advice in Canada
- Transforming Practices in the Wealth Business: A preliminary assessment of the June 2018 CSA reforms to the client-advisor relationship
- Not So Predictable
- In these uncertain times
The charts we talked about:
Source: Financial Market History: Reflections on the Past for Investors Today, CFA Institute
Source: Visual Capitalist
For more information or to contact Cameron and Ben, visit pwlcapital.com