Stock market chart on LCD screen. Selective focus.

Global junk

Guarding Wealth: Scorned in the past, it’s become glamorous in a market driven by index funds

The investment market at times resembles a circus in which the strangest acts sell the most tickets. In the latest bit of acrobatics, sovereign junk bonds issued by national governments are turning in their best performance in years. For example, European sovereign junk returned 100 per cent in the nine years since the mid-2008 beginning […] Read more

stock market display

The difference between mutual funds and exchange traded funds

This look inside mutual funds and exchange traded funds shows how each of these investment types work, and how each of them handle risk

How do mutual funds really work? At the ground level, they are diversified collections of assets, usually stocks or bonds — sometimes both — in balanced funds, picked for their ability to generate income and/or capital gains. The key word is “diversified,” for that is their distinctive advantage. They are usually actively managed to seize […] Read more


Stock risks after year of gains

After a good run in the stock market, investors have decisions to make

It is a dilemma unique to the times, specifically to January and February 2014. After a remarkable run from 2011 or, for that matter, from the beginning of the recovery in March, 2009, stock markets in Canada, the U.S. and in much of the world are breaking through former highs. The broad U.S. market measured […] Read more