Archive for February 2023
Weekend Reading: Investors Fighting The Last Battle Edition
I’ve been looking for a phrase that captures the odd behaviour that investors exhibit when they change strategies based on current market conditions. Ben Carlson at A Wealth of Common Sense neatly summed up this behaviour as investors always fighting the last battle. It’s perfect: “Not every investor does this but there is a tendency…
Read MoreWeekend Reading: Best Uses For Your TFSA Edition
Sometimes I think I’m the poster child for what not to do with your TFSA. I opened an account immediately when the TFSA launched in 2009 and contributed the maximum annual amount for three years, investing those funds in a couple of dividend paying stocks. I cashed out in 2011 (with a tidy $4,500 profit)…
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