Forget buy the dips. These days retail investors are on a buyers strike instead. The New York Times reported that between 2007-11, US investors added $104 billion to stock mutual funds but withdrew $448 billion. Writing in The Wall Street Journal Jason Zweig explored some of the reasons why investors have turned apathetic towards the stock market. And on the same topic, Preet Banerjee explained in his Globe and Mail column that market action in the recent past has been like Chinese water torture.
In this blog post, Larry Swedroe explained how to build a diversified portfolio.
Vanguard’s announcement of its initial ETF lineup attracted much commentary this week. Like me, Money Smarts Blog is not very pleased with currency-hedging in foreign equities. Canadian Couch Potato was disappointed that only one of Vanguard’s six ETFs is not already available elsewhere.
With Vanguard’s initial line-up featuring currency-hedged ETFs, Michael James explained why Canadians may want to take on foreign currency exposure. It is best to take on currency risk in the equity side of the portfolio.
Canadian Financial DIY on whether parents should save for their children’s education inside a RESP, TFSA or RRSP.
Canadian Financial Stuff is affected by gold fever and lists some of his favourite stories featuring the yellow metal. I think Gold Rush and The Treasure of Sierra Madre should also make that list.
Retire Happy Blog’s Jim Yih offers some strategies for dealing with market volatility.
Steadyhand’s Tom Bradley always has a reasoned take on the markets. He says that with so much fear ruling the markets these days, it may be time to provide a slightly aggressive tilt to the portfolio.
The Blunt Bean Counter weighs in on the common investment errors he sees in his clients’ investments.