A step-by-step guide to a proven, simple, low-cost strategy that beats the performance of most professional money managers.
With low-cost alternatives and low trading costs widely available to the average investor, why do Canadians still struggle to manage their money effectively?
Many stubbornly believe that successful investing is about outsmarting the market and forecasting the economy, even though these strategies routinely fail. So, we focus on the wrong things - such as short-term market moves, or which stocks to buy - and take inappropriate risks, losing sight of the fact that a portfolio is simply a tool to help us achieve our goals: buying a house, saving for a comfortable retirement, or a university education for our kids.
Whether your nest egg is $1,000 or $1 million, Reboot Your Portfolio is the roadmap you need to take control of your investments, shake off your bad habits, reduce your money stress, and enjoy the financial future you deserve.
* Offers a simple nine-step approach to building a low-cost, low-maintenance, diversified portfolio of exchange-traded funds (ETFs).
* Covers all the steps you need to know to set financial goals, select ETFs, open accounts and place orders, build and maintain your portfolio, and stick with your plan for the long haul.
* Written by an award-winning journalist and the creator of Canadian Couch Potato, one of the longest-running and most popular financial blogs in the country.
Reboot Your Portfolio
"This book is an excellent follow up to ""Beat The Bank"". However, you require a little bit of knowledge on ETF's. S & P 500 and TSX 60. The book starts off great but gets a little slow in the middle but does pick up in the end. As a novice I do not believe you would be ready to jump in and commence ""Do it yourself Investing with confidence. "" In spite of that I found it gave me sufficient knowledge to research other investment companies ETF investments. (Like Fidelity and Harvest) They have ETF's that mirror the S & P 500 and TSX 60. You do get active management but at a lower cost that Mutual Funds. It is worth a read prior to investing in ETF's. It will prepare you when speaking with your financial advisor. I would recommend this book and wish I had read it a few years ago. You will not be disappointed."
