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2 months ago | 
money.ca | Robb Engen |Tyler Wade |Romana King
Want to know how to buy an ETF in Canada but not sure where to start? Our Canadian ETF investing guide can help. Buying ETFs, or exchange-traded funds, is one of the easiest ways to dip your toes into the investing world.
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Jan 11, 2025 | 
boomerandecho.com | Robb Engen
‘Our life is frittered away by detail… simplify, simplify.’ – Henry David ThoreauI’ve fielded all types of questions from clients and readers over the years looking for that one magic hack or some shortcut to building wealth. Usually these half-baked ideas come from a friend, relative, colleague, or an unscrupulous advisor, or a random Reddit thread. Should I buy a rental property? What about commercial real estate? Airbnb? Private credit? Should I do the Smith Manoeuvre? Open a margin account?
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Jan 6, 2025 | 
money.ca | Robb Engen |Sandra MacGregor |Nicholas Sokic |Winston Sih
While we adhere to strict editorial guidelines, partners on this page may provide us earnings. Partners on this page provide us earnings.
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Jan 4, 2025 | 
boomerandecho.com | Robb Engen
Global stocks continued the positive momentum from a strong performance in 2023 to deliver another banner year for investment returns in 2024. The gap between the NASDAQ and the rest of the market shrank, but technology stocks once again led the charge, with the tech-heavy NASDAQ gaining 24.10% (XQQ). That mark was nearly equalled by the S&P 500 posting a 23.40% (XSP) gain of its own in 2024.
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Dec 31, 2024 | 
boomerandecho.com | Robb Engen
Welcome to the end of the year and another net worth update. 2024 has been a banner year for both professional and financial growth. On the business side, we saw revenues increase by an incredible 35%. More and more of you reach out for unbiased financial advice each year, and my wife and I absolutely love our little work-from-home practice. Financially, the stock market was on fire again and our global stock portfolio will finish up somewhere in the neighbourhood of 25% this year.
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Dec 28, 2024 | 
boomerandecho.com | Robb Engen
A Registered Retirement Income Fund (RRIF) is like an RRSP’s responsible older sibling. Once you hit retirement, the RRIF takes over where the RRSP leaves off – turning your savings into retirement income. Indeed, if RRSPs are the workhorse of your savings years, RRIFs are your retirement MVP. They take all that tax-deferred money you’ve been squirreling away and turn it into an income stream for your golden years.
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Dec 21, 2024 | 
boomerandecho.com | Robb Engen
I used to be a hardcore credit card rewards junkie and wrote frequently on the subject (I even had a separate blog dedicated to it!). I considered it a game, and tried to win big each year by signing up for multiple cards with massive welcome bonuses, while optimizing rewards with specific cards for everyday spending (think groceries, gas, travel, etc.). But credit card rewards aren’t nearly as lucrative as they used to be.
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Dec 7, 2024 | 
boomerandecho.com | Robb Engen
One question I’m often asked about my investment approach is when it makes sense to switch my portfolio from 100% global equities (represented by Vanguard’s All Equity ETF – VEQT) to something less risky that includes bonds and/or cash. In other words, does it make sense to switch from VEQT to VGRO to possibly VBAL as you enter retirement? A traditional rule of thumb for asset allocation is for investors to hold a percentage of equities equal to 100 minus their age.
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Nov 30, 2024 | 
boomerandecho.com | Robb Engen
A few months ago I made an offhand remark in a weekend reading update that caught the attention of several readers:“You might be surprised to hear that if something happened to me, my wife has been instructed to hand everything over to PWL Capital. That’s how much I believe in the good work that group is doing.”Apparently that surprised some of you. I understand that it’s a surprising statement coming from an advice-only planner who is a big proponent of self-directed investing.
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Nov 23, 2024 | 
boomerandecho.com | Robb Engen
I’ve been blogging for nearly 15 years and one reason I keep things going here (admittedly more infrequently than I’d like) is that I thoroughly enjoy looking back at old articles, especially when it comes to financial goals. In fact, one of my favourite posts of all time is a 2019 net worth update when I optimistically quipped, “2020 is going to be a great year!”. Too funny.
