Welcome to www.investortips.ca !

Welcome to my investor resource site for Canadian DIY investors!

This website is for those of you who have decided to become your own investment advisor.  You’re probably not investing at all, or are currently invested in a bunch of mutual funds (whose name you have forgotten a long time ago).  If you have an investment advisor, you've maybe lost your faith in them.  You want to start investing in stocks and Exchange Traded Funds (ETFs).  You’re a Canadian. You have realized that you work damn hard for your money, and no one is going to take care of it as good as you. Good to meet you!

Consider it 'Investing For Dummies' and more...much much more.  This website aims to save you some time and give you a leg up by giving you all the key information I learned when I converted my portfolio from 100% mutual funds to 100% stocks over a period of almost 2 years.

Disclaimer: I suppose we live in an age of disclaimers so here's mine...I'm not a financial adviser...I'm just a do-it-yourself investor that has a learned a few things. Please invest responsibly!



When time permits, I post updates below.  However, please note that this is not a blog and not all updates are posted below. Most of the information is 'timeless' and I will curate the articles whenever necessary.

  • Ottawa Share Club -Tuesday April 21 meeting announcement

    The Ottawa Share Club in its 18th year is a nonprofit organization dedicated to the sharing of financial knowledge.  It is not an investment club.

    Agenda:

    • Round table / discussion – Fixed Income Investing - Eric

    • Main Speaker – Peter Maclean



    Round table / discussion: What type of fixed income investment have you held? Help us discover the varied types; their pros and cons.


    Main Speaker:

    Peter Maclean is a "Do It Yourself" (DIY) Investor and new ShareClub participant with no formal training in the investment industry. Peter is currently transitioning his portfolio in preparation for his retirement in the next 3-5 years. Like a number of us, he has trouble freeing up the time from his day job to focus on investment issues, but has stated that he is ”addicted to reading and analyzing investment material.

    Topic: An introduction to Preferred Shares

    This presentation will describe the hybrid nature of preferred shares in comparison to common stocks and bonds. Some basic categories of preferred shares will be described including Perpetuals, Retractibles, Floating Rates, Fixed Resets, Fixed-Floaters, Pair(s), and Split Shares. A discussion of the returns of Premium and Discount purchases will be explored through a set of examples. Some online internet resources including prefblog.com, prefinfo.com and a few recent public brokerage reports on preferred shares will be presented.

    Take this opportunity to ask the expert!  Bring a friend; bring your questions and opinions and join us for refreshments.  Remember, what you learn at this meeting may not only be of benefit to you, but it may be of benefit to a family member or close friend.


    There is a $5 door fee.  We look forward to seeing you on Tuesday April 21th, 2015.

    Posted Apr 2, 2015, 6:03 AM by Investor Tips
  • Ottawa Share Club Tuesday March 17 2015 meeting announcement

    The Ottawa Share Club in its 18th year is a nonprofit organization dedicated to the sharing of financial knowledge.  It is not an investment club.

    Agenda:

    • Round table / discussion – Sources of Financial Advice

    • Main Speaker – Warren MacKenzie



    Round table / discussion: What are your sources (electronic, paper, human...) of financial advice?  How have these evolved - Eric


    Main Speaker:


    Warren MacKenzie is a frequent contributor to the Globe and Mail Financial facelift column; he is the author or co-author of several books including “New Rules of Retirement”, “The Unbiased Advisor”, and the “CARP Financial Planning Guide”.  He will bring a dozen books to hand out to attendees who have good questions.


    He is the founder of Weigh House Investor Services and now works as a Stewardship Counselor with High View Financial Services. His education includes training as a Chartered Accountant, Certified Financial Planner, and Certified Investment Management Analyst.


    Topic: 50+ things “Do It Yourself” (DIY) investors should consider doing now 


    The 50 + points are broken down into 10 different categories and Warren will go into detail on one or two items from each category. This list has been developed over 20 years of practical experience in working with DIY investors and seeing many who have been very successful and others who would have done better by buying a portfolio of exchange traded funds. For DIY investors who also use the services of a financial advisor, Warren will provide a list of 10 things that investors should insist on receiving.


    Take this opportunity to ask the expert!  Bring a friend; bring your questions and opinions and join us for refreshments.  Remember, what you learn at this meeting may not only be of benefit to you, but it may be of benefit to a family member or close friend.


    There is a $5 door fee.  We look forward to seeing you on Tuesday March 17th, 2015.

    Posted Mar 15, 2015, 8:38 PM by Investor Tips
  • MEETING ANNOUNCEMENT - OTTAWA SHARE CLUB - TUESDAY DECEMBER 16 TH AT 7:00 PM


    MEETING LOCATION - Ottawa Citizen Building Conference Center, 1101 Baxter Rd, Ottawa, ON K2C 3M4 (near the IKEA store)

    The Ottawa Share Club in its 18th year is a nonprofit organization dedicated to the sharing of financial knowledge.  It is not an investmentclub.

    Agenda:

    THE MARKET – A quick over- view of the markets including noteworthy issues and commentary presented by Dave Audette

    BOOK REVIEW – “The Idiot Millionaire” by Derek Foster (last month’s presenter), presented by June Waldman with her commentary. Join in, make comments, ask questions andparticipate.

    Main Speaker:

    "Travelling without financial tragedy", with Bruce Cappon, travel insurance specialist.

    Failure of insurance companies to honour claims for illness and injury during travel can cost Canadians millions annually.

    But there are solutions and Bruce Cappon’s presentation shows exactly what these are: solutions for travel insurance public policy, as presented by him to the Canadian Council of Insurance Regulators and solutions for individuals who wish to identify the best and most reliable policies when they travel outside of Canada. Bruce will explain how you, your family and friends may travel with financial security, while limiting risk and financial affliction.

     

    Take this opportunity to ask the expert! Bring a friend; bring your questions and opinions and join us for refreshments. Remember, what you learn at this meeting may not only be of benefit to you, but it may be of benefit to a family member or close friend.

    There is a $5 door fee for non-members or become a member for $25 annually.  We look forward to seeing you on Tuesday December 16th.

    If you have any questions or wish to be removed from our mailing list, do not hesitate to contact us by email OttawaShareClub@gmail.com or Andre Albert at 613-741-2828 

    Posted Dec 9, 2014, 8:07 AM by Investor Tips
  • MEETING ANNOUNCEMENT - OTTAWA SHARE CLUB - THIS TUESDAY NOVEMBER 18TH AT 7:00 PM
    MEETING LOCATION - Ottawa Citizen Building Conference Center, 1101 Baxter Rd, Ottawa, ON K2C 3M4

    The Ottawa Share Club is a nonprofit organization dedicated to the sharing of financial knowledge.  It is not an investment club.

    During our 18th year, you will connect with people who have similar interests who are willing to share their knowledge, opinions and resources.  Join in, make comments, ask questions and participate!

    AGENDA 

    Market Update by Albert Hum

    Round table

    Various “Case Studies" will be presented by members of the club for discussion purposes to see what conclusions we will arrive at. We encourage you to participate and perhaps bring a scenario forward for discussion by the group.

    Examples include but are not limited to: Buying a new auto over a used one – Loaning money to a family member –agreeing to be a person’s executor – prepaying a funeral – setting up an RESP for a grandchild – Giving your son or daughter an ultimatum…stay in school or move out!


    Main Speaker

    Derek Foster spent his 20s living and traveling Europe, Australia, New Zealand, and Asia. Determined to pursue his dreams, he implemented an idiot-proof investment strategy which allowed him to retire at the age of 34 and become a millionaire. Mr. Foster then wrote about his approach in his six national bestselling books, including The Idiot Millionaire. He has been featured in all national business media outlets including the Globe and Mail, National Post, BNN, MoneyTalk, George Stromboulopoulos, Breakfast Televison, CTV, and many others.

     

    Take this opportunity to ask the expert! Bring a friend; bring your questions and opinions and join us for refreshments. Remember, what you learn at this meeting may not only be of benefit to you, but it may be of benefit to a family member or close friend.

    There is a 5$ door fee for non-members or become a member for 25$.   We look forward to seeing you on Tuesday November 18th .

    If you have any questions or wish to be removed from our mailing list, do not hesitate to contact us by email OttawaShareClub@gmail.com or  Andre Albert at 613-741-2828 .

    Posted Dec 9, 2014, 8:06 AM by Investor Tips
  • MEETING ANNOUNCEMENT - OTTAWA SHARE CLUB— TUESDAY October 28TH AT 7:00 PM
    MEETING ANNOUNCEMENT -  OTTAWA SHARE CLUB— TUESDAY October 28TH  AT 7:00 PM

     

    MEETING LOCATION - Ottawa Citizen Building Conference Center, 1101 Baxter Rd, Ottawa, ON K2C 3M4

    The Ottawa Share Club is a nonprofit organization which is dedicated to the sharing of financial knowledge.  It is not an investment club.

    At our 18th year kick off meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. Join in, make comments, ask questions and participate!


    Agenda:

    Fixed Income or Bond investing is an important component of a diversified portfolio.  Come out and hear the TD Securities team speak on everything from the understanding the basics to implementing a strategy for your portfolio.  The learning objectives for the presentation include:

     

    •   Build confidence to invest in bonds
    •   Develop a thorough understanding of the bond market
    •   Explore the benefits and risks associated with bonds
    •   Understanding the role bonds play in an investment strategy
    •   Manage risk with bonds 
    •   Build a bond strategy on the TD Fixed Income Centre

     

    Presented by -

    Billy Skederidis, Vice President, TD Securities, Business Development, Fixed Income and Foreign Exchange

         and

    Nancy Koivula, Vice President, TD Securities, Business Development Wealth and Retail Distribution

    At the Ottawa Share Club, we share knowledge, opinions and resources and we learn from each other. Join us in what should be a very interesting and lively discussion! Share your opinions, knowledge and experience and don’t be afraid to ask questions and don’t be afraid to “jump in ”!


     

    Take this opportunity to ask the expert! Bring a friend; bring your questions and opinions and join us for refreshments. Remember, what you learn at this meeting may not only be of benefit to you, but it may be of benefit to a family member or close friend.

    There is a $5 door fee for non-members. We look forward to seeing you on Tuesday October 28th .

    If you have any questions or wish to be removed from our mailing list, do not hesitate to contact us by email OttawaShareClub@gmail.com or  Andre Albert at 613-741-2828 .

    Posted Dec 9, 2014, 8:05 AM by Investor Tips
  • Ottawa ShareClub Meeting - May 6th, 2014 - Automobile Hidden Costs, Annuities, Guest Speaker
    MEETING ANNOUNCEMENT -  OTTAWA SHARECLUB— TUESDAY MAY 6TH  AT 7:00 PM .

    NEW MEETING LOCATION! **THE  MARCONI CENTER (Villa Marconi), 2nd Floor, 1026 Baseline Road  ( 1 block north/east of Merivale across from the Experimental Farms).

    The Ottawa ShareClub is a nonprofit organization which is dedicated to the sharing of financial knowledge. It is not an investment club. At our up-coming meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. Join in, make comments, ask questions and participate!

    Agenda:

    THE MARKET – A quick over- view of the markets including noteworthy issues and commentary presented by Tony Petermann

    The “ROUNDTABLE DISCUSSION TOPIC" –  We take them for granted and we probably use one every day - THE AUTOMOBILE -  will be led by Dave Audette. The purchasing of autos is the 2nd largest material expense that we will incur over our lifetimes. Additionally, we will spend an incredible amount of money annually on auto related expenses!
    • If you had to give one piece of advice to someone buying a car/truck, what would it be?
    • Should you buy new or used; should you lease or buy ? What are the advantages and disadvantages?
    • Do you use a Car Cost Service? Or a V.I.N. check?  Don’t know what they are or how to use one? Here is your chance to get an explanation.
    • What research do you do before purchasing or leasing? (crash worthiness, reliability, fuel consumption, resale value or maintenance costs?)
    • Who makes the buying decision in your household? Are they shared decisions? If not, what problems have they caused?
    At the ShareClub, we share knowledge, opinions and resources and we learn from each other. Join us in what should be a very interesting and lively discussion! Share your opinions, knowledge and experience and don’t be afraid to ask questions and don’t be afraid to “jump in”!

    MAIN TOPIC - RETIREMENT CONCERNS OF CANADIANS – ANNUITIES

    A great number of people are afraid of annuities because they do not fully understand them and their potential value. Most retirees or soon to be retirees are looking for safe investments with guaranteed returns.  Many retirees place their funds in guaranteed investments such as Government Bonds, GIC's, and other low risk securities. While these investments ensure safety of principal, there net return is low.

    Our guest speaker is Rino Racanelli , who will address:
    • The unique characteristics of an annuity product that can offer significantly higher after-tax guaranteed retirement income for life.
    • How annuity products compare with other retirement vehicles.Why annuities are an important component to any retirement plan.
    • Back-to-back annuities. A low risk strategy that can increase your retirement income and still provide a sizeable estate to pass on to your loved ones. See the website www.BackToBackAnnuities.com for more information.
    Rino Racanelli, is a sought after personal finance speaker having delivered well over 100 investment strategy seminars. He is also a contributor to the "THE MONEY SAVER" MAGAZINE. Rino states “My investment techniques are embraced by investors around the nation because they are simple, easy to understand by investors and virtually fail proof”. “But probably and most importantly, he is sought out simply because his techniques work “ according to Rino.

    Rino is a graduate of both The University of Toronto and Seneca College. He has also taken The Canadian Securities Course, The Canadian Funds Course and the Life Underwriters Association Training Course. Rino will be travelling from the GTA (Greater Toronto Area) to meet with us.

    Take this opportunity to ask the expert! Bring a friend; bring your questions and opinions and join us for refreshments. Remember, what you learn at this meeting may not only be of benefit to you, but it may be of benefit to a family member or close friend.

    There is a $5 door fee for non-members. We look forward to seeing you on Tuesday May 6th .If you have any questions, do not hesitate to contact us by email OttawaShareClub@gmail.com or Andre Albert at 613-741-2828 .

    **We would like to thank Domenico Ricci, Director Community Relations and Development of Villa Marconi for assisting the Ottawa ShareClub

    For more info about the Ottawa ShareClub, click here.
    Posted Apr 23, 2014, 6:33 PM by Investor Tips
  • Ottawa ShareClub Meeting - April 8th, 2014 - TFSA Investing Style, Retirement Concerns
    MEETING ANNOUNCEMENT— TUESDAY APRIL 8th AT 7:00 PM at the Ottawa Citizen Building, 1101 Baxter Road - Conference room-main floor

    The Ottawa ShareClub is a nonprofit organization which is dedicated to the sharing of financial knowledge. It is not an investment club.
    At our up-coming meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. Join in, ask questions and participate!
     
    Agenda:
     
    THE MARKET – A quick over- view of the markets including noteworthy issues presented by Albert Hum.

    The “ROUNDTABLE DISCUSSION TOPIC –TFSA Investing Style” will be led by Eric Comeau. Nearly half of all Canadians have a Tax Free Savings Account, but only 21% have them in an investment-style account. So, what is your investment style when investing in a Tax Free Savings Account (TFSA)? Speculative vs. Conservative? Are you a High Risk taker (aggressive)? Are you seeking interest vs. dividends vs. capital gains or a combination? Is your approach an active or passive one? What are your goals and objectives? Whether you are a pro or just starting out with your TFSA, join us in what should be a very interesting and lively discussion! Share your opinions, knowledge and experience and don’t be afraid to ask questions!

    MAIN TOPIC - RETIREMENT CONCERNS OF CANADIANS TODAY AND (PERHAPS TOMORROW). Have you developed a retirement plan? Oops, you didn’t take into consideration a possible increased tax burden and inflation in your plan? This presentation will focus on the difference between the ACCUMULATION AND RETIREMENT PHASES that Canadians need to consider and how you might approach them. Retirement product allocation will be addressed with an emphasis on MAXIMIZING INCOME AND MINIMIZING TAX. 

    Our guest presenter will be Daniel G Stewart B.A, CFP, FMA. Dan is a Faculty Professor in the School of Business at Algonquin College. In addition, he is a Certified Financial Planner and Wealth Manager for his clients and former Manager of Advisor Training And Development with Freedom 55 Financial.

    Bring a friend; bring your questions and opinions and join us for refreshments. Take this opportunity to ask the expert!

    There is a $5 door fee(excluding students) for non-members. We look forward to seeing you on Tuesday April 8th.

    If you have any questions, do not hesitate to contact us by email OttawaShareClub@gmail.com or Dave Audette at 613-601-2833

    More info about the ShareClub can be found here.
    Posted Apr 6, 2014, 8:41 PM by Investor Tips
  • Ottawa ShareClub Meeting - Mar 11, 2014 - Leading Sectors, Dividends and Mutual Funds
    MEETING ANNOUNCEMENT— TUESDAY MARCH 11th, 7:00 PM at the Ottawa Citizen Building, 1101 Baxter Road - Conference room-main floor

    The Ottawa ShareClub is a nonprofit organization which is dedicated to the sharing of financial knowledge. It is not an investment club.

    At our up-coming meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. Join in, ask questions and participate!

    The Markets: The opening of the meeting will summarize the current markets performance; provide an overview of stocks that have increased their dividends this quarter in percentage terms and stocks that have either lowered or suspended their dividends; a quick overview of the leading sectors in both the US and Canada and lastly, a look at the stock flavour of the day on both the US and Canadian exchanges.

    The “ROUNDTABLE DISCUSSION TOPIC –MUTUAL FUNDS” will be led by Dave Audette. Total mutual fund holdingstopped one trillion dollars in Canada this year. A recent Morningstar Inc. report detailed that Canada has on average, the highest mutual fund fees in the world. So why invest in mutual funds? Why do so many Canadians invest in mutual funds? What are the benefits and what are the down sides to investing in mutual funds. Whether you are pro, against or neutral, pertaining to mutual fund investing, join us in what should be a very interesting and lively discussion!

    Q & A SESSION

    It has been suggested that time be put aside for an open forum discussion for questions of interest to you. Please send your questions for consideration and or inclusion in our next meeting to OttawaShareClub@gmail.com

    Based on some of the questions that we have received already, this meeting is going to be quite lively and very interesting! One of the questions recently fielded is: I want to open a self- directed investing RRSP account. While I can’t afford to lose money, I would like to make more than what 5 year GICs pay.

    I would prefer something that is low to medium risk and would earn 5% or better. What are the possibilities?

    Bring a friend; bring your questions and opinions*. Take this opportunity to ask the membership! We look forward to seeing you on Tuesday March 11th.

    *No pre-registration required. Entry is free for Ottawa Share Club members and $5 for non-members. Memberships are available at the door. Seasonal membership is $25.

    If you have any questions, do not hesitate to contact us by email OttawaShareClub@gmail.com or Andre Albert at 613-741-2828.

    More ShareClub info can be found here: Ottawa ShareClub
    Posted Mar 4, 2014, 6:37 AM by Investor Tips
  • Ottawa ShareClub Meeting - Feb 11, 2014 - Tax Audits, Taxation Issues and Planning
    MEETING ANNOUNCEMENT— TUESDAY February 11th AT 7:00 PM at the Ottawa Citizen Building, 1101 Baxter Road - Conference room-main floor

    The Ottawa ShareClub is a non-profit organization which is dedicated to the sharing of financial knowledge. It is not an investment club.

    At our up-coming meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. Join in, ask questions and participate!

    The “ROUNDTABLE DISCUSSION TOPIC” which will be led by Dave Audette will focus on issues relating to The Canada Revenue Agency (CRA).Have you suffered the pain of a tax audit and/or a tax re-assessment? What are the best methods of dealing with CRA? How difficult is it to file a notice of objection? Are you still in doubt as to how the CRA calculates your installment payments? No one can escape the tax man! Join us in what should be a very interesting and lively discussion!

    MAIN TOPIC – TAXATION ISSUES AND PLANNING: Paying your taxes can be challenging at the best of times. Developing a tax plan can be daunting. Can it be possible that your tax rate may go up in retirement? What are some of the most over looked tax deductions for investors and retirees? Can early conversion to a RIF reduce your tax burden? These issues will be addressed as well as a focus on the taxation of investment income; maximizing tax deductions and much more. Our guest presenter will be Jean-Paul Lafrance, CPA, CA, CFP, and BCom. Jean- Paul is a Partner with BDO Canada LLP specializing in taxation.

    Bring a friend; All welcome , free for members, $5 for others. bring your questions and opinions. Take this opportunity to ask the expert! You are also invited to join the steering committee. We look forward to seeing you on Tuesday February 11th.

    If you have any questions, do not hesitate to contact us by email OttawaShareClub@gmail.com or Andre Albert at 613-741-2828

    More ShareClub info can be found here: Ottawa ShareClub
    Posted Feb 3, 2014, 6:32 PM by Investor Tips
  • Ottawa ShareClub Meeting - January 14, 2014 - Reward Credit Cards, Retirement Income Planning
    Being a confident  and successful investor is both challenging and difficult in the best of times! Making informed decisions pertaining to life style changes or events, can be filled with pitfalls that cannot be changed.

    Your participation in the Ottawa ShareClub may assist you in  expanding your knowledge pertaining to life cycle events and issues with a focus on investing. You are invited to share your knowledge and experiences with likeminded individuals. You are also invited to join the steering committee…your input, suggestions and leadership will be greatly appreciated!

    At our up-coming meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. .

    The  “ ROUNDTABLE DISCUSSION TOPIC ” which will be led by Gord Worley will focus on REWARD CREDIT CARDS. Which are the best cards? Should you pay fees? Should you use them at all? How difficult is it to redeem points and much more.  Your input, comments and participation in a lively discussion will be appreciated and of benefit to all!

    MAIN TOPIC – RETIREMENT INCOME PLANNING:  
    The biggest challenge facing most retirees is that they often go from receiving one pay cheque when they are working, to several different sources of income when they retire. Planning where to take the money from and how much to draw can have a significant tax impact over the course of one's retirement.  Given the potential range of income sources, from RSPs and RIFs, TFSA's and non-registered funds, as well as government pensions and work pensions, turning on a "pay cheque" in retirement can be daunting. Our guest presenter will be Gregory Emerson, PFP. Greg is a specialist in Investment and Retirement Planning with RBC.

    If you have any questions, do not hesitate to contact us by email OttawaShareClub@gmail.com or Dave Audette at 613-601-2833.

    Invite a friend. We look forward to seeing you on Tuesday January 14th 7:00PM at the Ottawa Citizen Building.- Conference room-main floor.
    Posted Jan 11, 2014, 6:08 PM by Investor Tips
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