Take a drive through downtown Toronto’s financial district some evening and you’ll see tall, well-lit buildings. These are the ivory towers built on financial empires: Manulife Financial, Brookfield Asset Management, CIBC, TD Canada Trust, BMO, CI Financial, and Sun Life, to name but a few. Ever wonder who pays for those ivory towers? How do … Read more
When it comes to investing there’s an inevitable rule that tends to drive people crazy. Everybody wants the best possible growth for their investment dollar, and we all want that growth with minimal risk. Risk-Growth Relationship The inevitable rule is that risk and growth share a rather nasty love–hate relationship. In order to achieve better … Read more
Wise investment advisors often talk about having a margin of safety as part of their financial strategy. But what exactly does that mean? It’s a difficult concept to explain. However, by doing your due diligence before making investment decisions you can have some assurance of safety if the future brings an unpleasant surprise. For those … Read more
