本帖由 tai_ji88 于 2014-02-28 发布。版面名称：投资理财
Market down, opportunity comes
Market down is good for long-term investors
顶 for fiends
1. http://www.theglobeandmail.com/globe-investor/my-watchlist/ can be used to check the performance of the stock, ETF, and all mutual Funds.
2. I like to select ETFs from ishare ETF fund: https://www.blackrock.com/ca/indivi...ist#!type=iSharesETFCA&tab=overview&view=list
CDZ, a Canadian dividend ETF, yield is about 4% at this time. It has better performance than most of Canadian dividend mutual funds, due to its low MER. good historic performance when being compared with cdn index
XDV, a Canadian dividend ETF, yield is about 4% at this time. Hower, it looks to be less diversified than CDZ. It has 50% exposure in finance sector at one point.
CUD, a US dividend ETF, better for being hold in registered accounts such as RRSP, TFSA, RESP for reason of US dividend payment tax treatment in Canada
specialized Canadian/Global high dividend ETFs, for diversification
XFN, for Canadian finance sector, good historic performance when being compared with cdn index
XRE, for Canadian real-estate sector, P/E=14 yield is about 5% at this time
CGR for global real-estate sector, good historic performance, better for being hold in registered accounts for income tax treatment reason
Canadian TSX index ETFs: P/E is about 16, yield is about 2.8% on Aug 5, 2016
XIU, XIC. Holding index funds can save the effort for detailed fund selection with a return that can be better than the average of all mutual funds.
US S&P 500 index ETFs: P/E is about 18, yield is about 2% on Aug 5, 2016
XUS (in TSX & in Cdn dollar),
XMA, if you have patience to buy when the market is down a lot, and at a historic low price. For example, you may bought this at $8.50 in early this year. Now it is about $15.00
3. a widely acclaimed book on value investing: The Intelligent Investor by Benjamin Graham
4. cdz and tsx index price comparison (excluding dividend payment. currently CDZ dividend is about 4%, about 1% higher than TSX index ETFs XIU and XIC). The following diagram covered the 2008/2009 economic crisis with stock market melt down for about 50%drop. However, for long term investment, the investment on CDZ or XIU and XIC had a 10 year average return 4.92% to 6.38%, much higher than 2-3% inflation, much higher than GIC too.
Ticker: InceptionDate : As Of : YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%) Incept (%)
CDZ Sep 8, 2006; Jul 31, 2016; 11.86 5.10 6.38 6.96 - 6.38
XDV Dec 19, 2005; Jul 31, 2016; 12.45 4.31 4.99 6.24 5.40 5.30
XIC Feb 16, 2001; Jul 31, 2016; 14.08 3.96 8.41 5.37 4.92 6.24
XIU Sep 28, 1999; Jul 31, 2016; 12.78 2.32 8.87 5.91 5.13 6.85
XRE Oct 17, 2002; Jul 31, 2016; 23.25 14.00 9.60 8.09 7.79 10.73
XFN Mar 23, 2001; Jul 31, 2016; 7.55 5.20 9.90 10.24 6.47 9.17
note: above data is from https://www.blackrock.com/ca/indivi...esETFCA&tab=performance&view=grouped&fc=43541
'I feel duped': Why bank employees with impressive but misleading titles could cost you big time
Turns out, the RBC vice-president was actually licensed as something called a "dealing representative" — a salesperson.
Deceptive employee titles: A recent report by the Small Investor Protection Association found there are 121,000 people registered as financial professionals in Canada, and the vast majority are registered as dealing representatives — salespeople licensed to sell financial investments.
Only about 4,000 of these registered financial professionals have a fiduciary duty, which is a legal obligation to act in the client's best interest.
"The game today is to earn clients' trust," said Larry Elford, a former certified investment manager with RBC and lead researcher of the SIPA report. "And never let them know that you are actually a commissioned salesperson and you don't have to honour that trust."
The stakes are high, says Elford, who points out that a two per cent management fee on mutual funds typically cuts an investor's retirement fund by about half over a 35-year period.
What's in a vowel?
A common trick for misleading customers, according to Elford, is the banking industry's use of the term "financial advisor" — spelled with an "o."
He says "advisor" is an unregulated title that anyone can use, whereas the title "adviser" — spelled with an "e" — can only be used if the employee has a fiduciary responsibility to the client.
"Advisors can sell you the third, fourth, fifth or least beneficial product to you," Elford said. "They do that a great deal of the time if it makes them more commissions, or if their bank manager is telling them they need to sell more of the house-brand product."
In an email to Go Public, the Canadian Securities Administrators confirmed that it does not regulate most titles used by employees in the financial industry.
TD financial advisor who recently quit: ' I had zero training and had to learn on the go.'
Why extreme market predictions like those from Jim Rogers provide no value
2011: 100% Chance of Crisis, Worse Than 2008: Jim Rogers
2012: Jim Rogers: It’s Going To Get Really “Bad After The Next Election”
2013: Jim Rogers Warns: “You Better Run for the Hills!”
2014: JIM ROGERS – Sell Everything & Run For Your Lives
2015: Jim Rogers: “We’re Overdue” for a Stock Market Crash
2016: $68 TRILLION “BIBLICAL CRASH” Dead Ahead? Jim Rogers Issues a DIRE WARNING
2017: THE BOTTOM LINE: Legendary investor Jim Rogers expects the worst crash in our lifetime
"来自国际清算银行(Bank for International Settlements)的数据显示，截至2016年底，中国的债务占GDP的比重为257%，略高于美国，大大高于新兴经济体184%的总体水平。"