The following is my opinion of the differences between ESG (Environment, Social, Governance) and SRI (Socially Responsible Investing).  And the benefit of ESG: 1. SRI is a negative screen.  For example, an investor does not want to invest in tobacco companies, gambling companies, companies...

What are the differences between a RRSP and a TFSA? Both are ways to save money and reduce the taxes you pay the government.    When you contribute to a RRSP (Registered Retirement Savings Plan) the government effectively gives you back the tax you paid on that component of your income.  So...

Is there a market correction on the horizon?  Some say "yes", as the market recovery is eight years long and thus we are due for a recession.  And some say "no" as businesses continue to do well.  However, what we can count on is that no one knows. Last week I was in the USA and met with the...

How currency impacts your return When you invest in a foreign investment (i.e. US stock or global mutual fund), the return you receive in Canadian dollars is positively or negatively impacted by how your home currency (in this case Canadian dollars) moves against the foreign investment's...

Most financial types like me, present diversity as diversification in terms of asset classes (stocks vs. bonds), countries (Canada vs. the rest of the world), industries/sectors (energy vs. banking) and/or different types of investment managers. However, I suggest we look at diversity in an...