MultiAsset ETFs – VGRO vs XGRO vs ZGRO

The Canadian ETF space has been undergoing some intense competition over the past few months. The big problem for retail investors has been to mix and match various ETFs to find a good balanced diversified multi-asset portfolio. How much weightage do you give stocks & bonds, how much per geographical region, hedge currencies or not….the choices are endless and overwhelming. Also, this came with the problem of rebalancing regularly and making the appropriate purchases on a regular basis.

The Canadian ETF providers have thus launched the all-in-one multiasset ETFs which addresses these problems and fills the gap in the market. I have received a few questions on this front, so I will try to provide a simple overview on this front. While there are different ETFs with different weighting based on risk tolerance (growth vs balanced vs conservative portfolio ETFs), this post will look at the growth-oriented series, since that seems to garner the most attention from the readers.

The three comparable growth multi-asset ETFs compared in this post are Vanguard Growth ETF Portfolio (TSE: VGRO), iShares Growth ETF Portfolio (TSE: XGRO), and BMO Growth ETF (TSE: ZGRO). All three have a approx 80/20 stocks/bonds approach.

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The Best POS Systems for Your Business

The following is a 3rd party contribution

According to The Point of Sale User Research Report, 77% of users are satisfied or very satisfied with their point of sale (POS) software. If you’re just starting up a business or you’re one of the 23% who isn’t happy with their POS system, you may be having a hard time deciding which one is really the best. While it may not be as challenging as choosing the right home among Mississauga real estate or anywhere else for that matter, as it is an important business decision you may want to consider one of these options that consistently rank among the top.

The best POS systems have the ability to do more than process sales and accept payments – they can make it easier to run your entire business.

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Passive Income Update – Jan 2019

Welcome to our monthly passive income update for January 2019. This is part of the scorecard series where we track our dividends and other sources of passive income. We also include changes and updates related to our investments during the month – showing the overall progress.

Passive Income  Update

Passive income for the month of January 2019 was CAD$738.75, which comprised of US$60.31 and CAD$659.74 (exchange rate is US$1 = CAD$1.31).

The passive income for the month is -2.58% QoQ and -14.5% YoY for the month, and achieves 9.2% of our annual goal of $8K in passive income.

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Outlook for February 2019

What a start to the new year! A rollercoaster ride in market sentiment with everyone reeling from the portfolio destruction in Q4 2018 to finally the relief that the Fed is putting QT on hold.

Over the first few weeks of Jan, most companies confirmed what was already expected. A slowdown in expected revenues and earnings for the coming year. Of course, that doesn’t stop investors from cheering on and piling back in when the low bar is stepped over in the “adjusted” numbers reported for past quarter (I’m referring to you, Apple stock permabulls). Various companies from almost all sectors of the economy have lowered revenue and earnings guidance for 2019 — many of them blaming the trade war, but the reality is probably more to do with the business cycle than anything.

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Recent Buy – BND

BuySell

A quick update on a a recent purchase in my portfolio.

Over the course of past few months, I’ve been thinking a lot about protecting assets from the ongoing (and increasing) instability in the equity markets. I have a sizable position in defensive positions with a lot of gold equities exposure, but that comes with a lot of volatility. I wanted to provide some more inertia in my portfolio here.

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