EDUCATION: Spotlight on RESPs
Money Helps Make Up for Lost RESP Time
If you're a parent, registered education savings plans are almost as essential a
financial planning tool as registered retirement savings plans. Yet a
Statistics Canada study suggests nearly half of parents are
unaware of RESPs. Rob Carrick sermonizes.
What took them so long? The crackdown by the Ontario
Securities Commission (OSC) on scholarship trusts is welcome news, but it
should have happened a long time ago, according to Gordon Pape.
MARKETS AND INVESTING:
Looking for Quality (With Difficulty)
Here's One Remedy For a Sagging Stock Market: Stick to Quality
Market strategists will tell you that there is an
optimal time to focus your attention, and your money, on high-quality stocks.
How about now? All the signs are there, according to Derek DeCloet.
Market Is Even Worse Than It Looks
A no-lose market can be humbling for an active hedge fund manager. If last year
was like shooting fish in a barrel, this year you might be the fish. Martin Braun has the discouraging details.
Manager Bullish on Resource Stocks
Fund manager Margot Naudie sees plenty of reasons to continue to be bullish
about resource stocks, not the least of which is the ascendancy of China on the
world economic stage. Read Angela Barnes' report.
MUTUAL FUNDS: Still Solid
Mutual Fund Sales Stay Solid
An estimated $550-million in new investment was sunk
into Canadian mutual funds last month, with July net sales estimated at between $350 and
$750 million, up from $321 million this time last year. Keith Damsell adds it
Don't Worry: The Hedge Fund Sky Is Not Falling
All of a sudden, warnings of the next great financial collapse are everywhere.
They're not about an imminent tech crunch or a wave of bankruptcies triggered by
record high oil prices. They're about hedge funds. Eric Reguly looks at the
Calling all savvy, risk-tolerant investors with an
open mind and a hunger for high-yielding securities. Your attention is
directed to a small group of bond funds that offer an intriguing alternative
to your garden-variety fixed-income products. Read Rob Carrick's report.
A Safety First Portfolio
People are reluctant to commit new money to stocks.
Mutual funds seem to be anathema right now, as U.S. scandals threaten to
surface here. No one wants bonds because of interest rate fears. What to do?
Gordon Pape has some suggestions.