Category Archives: Economics

Declining net worth across the country

Not the best year for investors The collective net worth of Canadians fell by $332 billion in the third quarter of this year. That’s about $8,700 per person. If we annualize this amount it comes out to roughly $35,000. Unfortunately RBC is forecasting further decline to net worth until the second quarter of 2023.   Asset prices across… Read More »

Teachings from John C. Bogle

John C. “Jack” Bogle was an investor and philanthropist who founded the Vanguard Group and pioneered index investing. Vanguard has become one of the largest investment management companies in the world with about $7 trillion of assets under management. Bogle built Vanguard as essentially a non-profit organization because it is owned by the investors in its funds. Credited… Read More »