Magazine Cover for March 2022
March 2022

A little known fact in the investment world (and perhaps deliberately hidden by thevery much male-dominated industry) is that women are better investors than men.

This is not an opinion; it is a fact. Dozens of academic studies have proven this. For example Fidelity late last year indicated that its accounts owned by women outperformed the
men by 0.4 percentage points. That may not sound like a whole lot, but over time, and with compounding, it can mean the difference between a retirement spent traveling the world or
on the beach, or one at home watching Netlfix.

Some reasons: Women don’t have the need to ‘prove’ something, so can admit their mistakes more easily. Other reasons: women trade less, and don’t suffer from the overconfidence that
dooms so many men investors. In my years as a portfolio manager I am seen overconfident male managers insist that ‘they are right, and the market is wrong’. This kind of thinking can
wreck returns, and I have seen it ruin a career or two, as well.

So, for the men out there, maybe let your wife be more involved with your investments. For couples, this is always a good idea anyway, so each knows what is going on and there are
no surprises.

Sharing With You,
Peter Hodson, CFA

Featuring: Barbara Stewart, Brian Chang, Rita Silvan, John De Goey, Warren Mackenzie, Brian Quinlan, Richard...

Magazine Cover for February 2022
February 2022

With more depressing Covid news, travel suspended, winter hitting us hard, and the stock market (especially my beloved small caps) gyrating wildly, it is much easier to be depressed these days. Generally, I am a very optimistic person. But I now have four kids whose education has been interrupted for years. I am seeing businesses fold and workers and investors abandon hope of any return to ‘normalcy’. I am seeing vaxxers fight with their former friends, the anti-vaxxers. I want to just curl up and watch Netflix all winter.

But, of course, that’s the wrong thing to do. In life, and in investing, we have to look ahead. Covid—though it seems so now—will not be with us forever, at least not in its current state.
Small caps look horrible, but that means opportunity. Consumers WANT to spend money, and this will help the economy whenever it fully opens up in Canada. Kids are adaptable, and
will find a way to get through this mess.

When things are bad, of course they look bad. But don’t let ‘appearances’ dictate your future. The future may or may not be great, but it is going to be different, regardless. Look
for opportunities in life and in markets, rather than looking at ‘today’s’ problems.

Sharing With You,
Peter Hodson

Featuring: Matt Poyner, Colin Ritchie, Barbara Stewart, Keith Richards, Richard Morrison, Jason Heath, Moez...

Magazine Cover for January 2022
January 2022

The investment industry is strange.

But first, Happy New Year!

As the New Year turned over, the investment dealers in Canada and advisors have to dealwith a new regulatory requirement, known as the “Know-Your-Product” rule.

Seriously, we can’t make this up. Only now do advisors need to understand their products.

In 2022, for the first time ever, advisors are now ‘required’ to perform due diligence on the products they sell, and to ensure those products are appropriate for you, the investor.
Investment Dealers need to perform due diligence on products, and if a security has complex or unique features making it difficult to fully understand, the Dealer may conclude that the
security should not be made available to a certain class or subset of retail clients.

Examples of difficult securities could be: leveraged and inverse ETFs, principal protected notes, asset backed securities, and derivative instruments.

Yep, you are reading that right. Only now, in 2022, do investment advisors actually need to know what it is they are selling.

Now, we could fill this page with comments about the bureaucracy and red-tape that is involved in the investment world, but that would just be boring.

Rather, we will again remind Money Savers, make sure YOU fully understand what you are buying. Review what it is you now own, because your advisor, until now, wasn’t even required to understand what they were pitching to you. In other words, this same statement applies, even with this regulatory change: NO ONE CARES ABOUT YOUR MONEY MORE THAN YOU, and at the end of the day make sure YOU are the one that knows what you are doing.

Sharing with You,
Peter Hodson, CFA, Editor

Featuring: Barkha Rani, Brian Quinlan, Colin Ritchie, Chris White, Richard Morrison, Ed Arbuckle, Andrew...

Magazine Cover for November 2021
November 2021

If there is one thing I have learned in my career it is to keep emotions out of investing.

Emotions will wreak havoc with your investment success.

Sure, you’ve heard this before, but it is so hard to do.
You read the news; you watch the market. When things are bad they sure do look bad. When sellers are panicking and you are losing thousands by the day (or hour, or second) it is certainly easy to get nervous and start selling, too.

Some tips to combat this: One, think like a mutual fund manager. Funds are priced daily, so assume you just bought all your stocks at today’s prices. Are you comfortable at
that price? Remember, a stock doesn’t know or care what you paid for it. Don’t ‘anchor’ a stock with a price from before that means nothing now.

Two, remember that you own part of a company when you own a stock. The most important thing is how that company performs. You have not bought China economic policies, a US budget, or anything else that investors like to fret about. You have bought a company. Many companies can do well in all types of market and economic scenarios.

Three, remember that volatility transfers wealth from short-term investors to long-term investors: the greatest stocks of the past 20 years have all experienced stomach-turning drops,
at times. But here they are, still making money for investors who stuck it out.

It has been a most unusual year, again. All of us at MoneySaver wish you a joyous and prosperous Holiday Season.

Sharing With You,

Peter Hodson, CFA

Featuring: Norman Rothery, Philip MacKellar, Richard Morrison, Warren MacKenzie, Rita Silvan, Robin Taub,...

Magazine Cover for October 2021
October 2021

Featuring: Brian Change, Richard Morrison, Colin Ritchie, Donald W. Dony, Warren MacKenzie, Brian Quinlan,...

Magazine Cover for September 2021
September 2021

Featuring: Rita Silvan, Jason Heath, Brian Quinlan, Sandi Martin, John De Goey, Milan Topolovec, Matt...

Magazine Cover for July 2021
July 2021

Featuring: Barbara Stewart, Keith Richards, Ken Kivenko, Marina Glogovac, Colin Ritchie, Rita Silvan

Magazine Cover for June 2021
June 2021

Featuring: Ellen Roseman, Ken Kivenko, Rita Silvan, Brian Chang, Rino Racanelli, Philip MacKellar, Richard...

Magazine Cover for May 2021
May 2021

Featuring: Peter Hodson, stephen Weyman, Don Dony, Derek Foster, Brian Quinlan, Rita Silvan, Richard...