Rob Carrick

47 Flips | 2 Magazines | 5 Following | 1,657 Followers | @robcarrick | Personal Finance Columnist for The Globe and Mail

Bond ETFs confuse you? Here's a simple guide

The seemingly simple bond ETF could be the most misunderstood investment of the past few years.<p>Exchange-traded funds holding bonds account for a little over 25 per cent of the $42-billion invested in ETFs in Canada, and they make up four of the 10 largest ETFs. Investors have clearly taken to bond …

This primer will help you be a tax-smart ETF investor

If you think picking the right ETF for your portfolio is a taxing matter, just wait until you try to figure out whether your fund is best held in an RRSP, TFSA or non-registered account.<p>For tax reasons, exchange-traded funds work better in some types of accounts than others. For example, a U.S. …

Global funds

Three years of glorious global stock market returns have not gone unnoticed by Canada's ETF companies.<p>In the past 18 months, they've added substantially to what was once a skeletal selection of funds offering exposure to international (the world outside North America) and global markets …

U.S. equity funds

Years back, a guide to buying U.S. equity ETFs could have been written on the back of a postcard.<p>You had a couple of S&P 500 ETFs, a Nasdaq fund and a few other options. Today, after a huge runup in U.S. stocks, there are more than 70 choices. In the second instalment of the updated Globe and Mail …

2015 edition

It's welcome but slightly troublesome news that exchange-traded fund companies have been cutting fees. Welcome because low costs are a strong argument for building portfolios with ETFs, and fee cuts make them all the more attractive. Troublesome because some of the fee information in The Globe and …

Core bond funds

The hardest job in ETF investing just might be picking bond funds.<p>Finding an equity ETF is comparatively simple – choose a major stock index and find the cheapest, most liquid exchange-traded fund that tracks it. With bonds, the choices never end. Do you want corporate or government bonds? …

A world of dividends

Canadian investors love dividends, and they're more open than ever to global markets. So it's logical that one of the hotter trends in the exchange-traded fund business is U.S. and global dividend funds.<p>In the sixth and final instalment of the ETF Buyer's Guide, we look at dividend and income funds …

Canadian dividend and income ETFs

The exchange-traded fund business has jumped on a trend that has long kept mutual fund companies well-fed and happy.<p>ETF companies have been introducing more and more balanced and monthly income funds, which are consistently among the most popular mutual funds. Add these new ETF products to the many …

Robo-advisers have arrived (and may be just what your portfolio needs)

The latest trend in investing advice has been stuck with an unfortunate nickname that may do it more harm than good.<p>"Robo-advisers" are online operations that build customized portfolios for clients, typically with exchange-traded funds, and then monitor and rebalance them on an ongoing basis. The …

7 Steps To Stock Investing Without Too Much Risk

Millennials are more likely than other generations to be risk-averse.<p>They hold 52% of their savings in cash and only 28% in stocks, according to a UBS study. For other generations, the weightings are nearly the reverse: 23% in cash and 46% in stocks.<p>A 2013 Accenture report found that 43% of …

Millennials: Bonds aren’t Just for Old People

by on<p>I come from a large family, and through my older siblings I have a growing number of nieces and nephews who are entering their 20s. What often …

Why 25-Year-Olds Are Investing Like Old Fogies: Gen Y Goes Geriatric

Some Millennials have fallen into the “Depression syndrome” similar to the reaction of investors who survived the Great Depression, said Alex …

Millennials LOVE their smartphones: Deal with it

You've seen them shuffling down the street, eyes glued to 4-inch screens, fingers tip-tapping away. To say that young people are in love with their smartphones would be an understatement: It's more like they're obsessed, confirms a new study out by Zogby Analytics.<p>Almost 90% of Millennials say …

Do Millennials Think Differently About Money And Career?

Millennials, Gen-Y – whatever you want to call them – may view career and coin a little bit differently than other generations. The business world had better pay attention because these globally-minded youths will comprise about 75% of the global workforce by 2025.<p>Last year professional services …

Gen Y’s financial woes are now everyone’s problem

If you own a house, Generation Y's financial problems are now your problems.<p>The latest indication of what today's young adults are up against comes in a report issued by the Council of Ontario Universities on how its graduates have fared in the work force. It's a document full of numbers showing a …

Dow ends up 0.4%; SP 500 ends day 0.2% higher

May 12, 2018<br>2:34 PM<p>On Saturday, Giuliani found himself backtracking comments he made to the Huffington Post late Friday, which implied that Trump …

Why Millennials Should Have Kids—and Soon

There are plenty of financial—not to mention lifestyle—reasons not to have a child, but there are also costs to delaying or forgoing, notes MONEY …

Uh-oh: 63% of Millennials don't have credit cards

Millennials are shying away from credit cards like no other age group, a study out Monday finds, and that could cost them when they go to buy a car or even when they apply for a job.<p>More than six in 10 people ages 18 to 29 don't have a single credit card in their wallets, reveals a survey conducted …

Gen Y money: How making money won out over grad school (for now)

<i>Thanks for reading our Gen Y money blog, where a recent grad chronicles her real-life journey to becoming a financially independent adult.</i><p>One year since the liberation of my student status, I've finally started to experience some of the perks that come along with being a "real person."<p>I've quite …

Personal Finance

Retirement Reality Check: The Number One Reason Gen X and Gen Y Are Behind

<i>This post originally appeared on LearnVest.</i><p>You wouldn’t board a plane without knowing your destination. So why save for retirement without defining your goal?<p>Yet a new study from market research firm Greenwald & Associates reveals that, when it comes to planning for their golden years, Generations …

9 financial tips for Generation Y

If you’re like many 20- and early 30-somethings — aka Generation Y — money concerns are probably hitting you in a way they haven’t before. Your …

How a raisin can save your sex life (and other lessons in mindfulness meditation)

We live in a distracted world. We eat our lunch while staring at a computer screen and flipping through news updates on Twitter or Facebook. We respond to e-mails from our boss while ordering groceries online from the sidelines at our kids' soccer game.<p>For many of us, this type of multitasking and …

Cut Your Debt While You're Still in School | Student Finance 101

The easiest way to pay off student debt is to keep it down in the first place.<p>To be fair, that's harder for some than for others. We all have …

Money Saving Tips for College Students on a Budget

Tuition<p>Institutional grants: Grants are like loans that you don't have to pay back, and many colleges and universities offer institutional grants …

1 Big Investing Mistake Many Millennials Are Making

Millennials are doing a good job of saving and demonstrating financial responsibility, but their investment habits aren't quite up to par, yet.<p>Recent …

Charting the rise of Generation Yawn: 20 is the new 40

Forget sex, drugs and rock 'n' roll. Youth culture today is all about clean-living and wholesome hobbies. Don't believe us? Read on...<p>Note to self: act more cool at work. I have just confessed to a thirtysomething colleague that the two glasses of wine I drank last night have left me with a …

How a raisin can save your sex life (and other lessons in mindfulness meditation)

We live in a distracted world. We eat our lunch while staring at a computer screen and flipping through news updates on Twitter or Facebook. We respond to e-mails from our boss while ordering groceries online from the sidelines at our kids' soccer game.<p>For many of us, this type of multitasking and …

He’s 26 with $32,000 in savings. Here’s how he did it

Meet a guy who's addicted to saving.<p>He's a 26-year-old Ottawa resident by the name of Rob Nettleton and he's an example not just to his fellow members of Generation Y, but to anyone who wants to save money but can't figure out how. Even if you're not as disciplined as he is, you can still learn …