Weekend Reading – Indexing is too big and more
Welcome to my latest Weekend Reading edition, about indexing is too big, stock buys, giveaways and more.
Read here about my own case study, realizing a capital loss to offset some capital gains.
Thanks to this passionate index-investor, we got some advice about making our portfolios safer and better.
Enjoy the rest of the best and see you here again next week when I will share some of my personal finance ah-ha moments.
Vanguard Canada wrote about indexing getting too big. Remember one of the tenets of indexing, it’s a zero-sum game so for every investing dollar that outperforms the market there must be another investing dollar that underperforms it. Maybe indexing will be popular enough at some point to drive active investors out of the market but I simply don’t see that happening anytime soon; we are nowhere near a tipping point.
Here is a sad story about how NHL Blue Jackets’ defenseman Jack Johnson got cleaned out of millions of dollars, by his parents.
According to a recent Globe and Mail article here is where the “smart money” is going, into stocks like: Wells Fargo, Microsoft, Cisco, Abbott, Clorox and Kinder Morgan Inc. I would think the “smart money” would be moving into Canadian oil and gas stocks soon.
Tweet of the week:
The Blunt Bean Counter and I were on the same wavelength this week, regarding tax loss selling. His article was excellent.
Have a great weekend!