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Do Dividend-Paying Stocks Offer Bear Market Protection?

By Dan Hallett on September 12th, 2019

There is a lot to like about dividend-paying stocks. Dividends generally follow earnings, and are cold hard evidence of earnings’ existence. In Canada, this infatuation with dividend-payers is compounded by our love of bank and utility stocks, and....

The DOs and DON’Ts of Portfolio Rebalancing

By Dan Hallett on July 31st, 2019

My HighView partners and I spent quite a bit of time discussing and studying the issue of portfolio rebalancing a decade ago – prior to formally launching the firm and taking on our first client. While it’s not the sexiest of investment topics,....

Cannabis Stocks: Worth the Hype or Likely to Send Your Wealth Up in Smoke?

By Dan Hallett on October 23rd, 2018

I can’t recall the last time I discussed investments without “pot stocks” entering the conversation – whether at the gym, at lunch, and at the barber (not sure if he’s wealthy or not). The infatuation doesn’t match the insanity of the....

Ontario Government’s Opposition to Client-Friendly Proposals Leaves Many Questions

By Dan Hallett on October 2nd, 2018

Ontario’s Minister of Finance Vic Fedeli recently issued a statement stating that his government does not support the Canadian Securities Administrators’ (CSA) proposals published on June 21, 2018. The proposals recommend – in a nutshell –....

Due Diligence Can Distinguish Good from Bad Money Managers

By Dan Hallett on April 25th, 2018

Securities regulators have recently sanctioned a few mutual fund companies for spending excessively on promotional events and gifts to financial advisors who sell their funds. This is harmful to investors since it really treats the advisor – not....

Recap of the OSC Roundtable Discussion on Discontinuing Embedded Commissions

By Dan Hallett on October 4th, 2017

I recently participated in a roundtable discussion hosted by the Ontario Securities Commission (OSC). The purpose was to delve more deeply into the industry’s response to regulators’ proposal to eliminate commissions embedded in investment....

The Investment Industry Owes Its Clients Better Treatment

By Dan Hallett on July 28th, 2017

The Canadian Securities Administrators launched a lengthy consultation period in January on their proposal to eliminate embedded commissions – i.e. commissions paid to those selling investment products that are built into the product’s price or....

Firing Your Underperforming Money Manager

By Dan Hallett on July 5th, 2017

Over the past two decades, investors have had seemingly little patience for an underperforming investment or money manager. Investors tend to dump the laggard for "something that's doing better". But an understanding of market cycles and a review of....

Think Twice before Replacing Your “Risky” Bonds with “Safe” Stocks

By Dan Hallett on April 11th, 2017

For virtually my entire career, bond yields have been characterized as "historically low" – yet have fallen with few interruptions. Since the Financial Crisis, however, yields have been super skinny and have continued falling. Razor thin yields....

Concerns with “Fund Facts” and “ETF Facts” Risk Ratings

By Dan Hallett on January 6th, 2017

“Fund Facts” is a 2 to 4 page regulatory summary document designed to inform investors on a mutual fund’s salient features. A version for exchange-traded funds – i.e. ETF Facts – will be required starting next September. One of the most....

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