Mutual funds for canadian for dummies 2nd edition

Exchange-traded funds ETFs are an increasingly popular part of the investing landscape, being less volatile than individual stocks, cheaper than most mutual funds, and subject to minimal taxation. But how do you use this financial product to diversify your investments in today's ever-changing market?

It tells Canadian investors everything you need to know about building a lean, mean portfolio and optimizing your profits.

The book also includes straightforward answers to commonly asked questions about ETFs and advice on how to avoid mistakes that many investors—even experienced ones—make. It provides forecasts of the future for ETFs and personal spending and also provides a complete list of ETFs and Web resources to assist your investing. Plus, some very significant tax rules exist e. Canadian stock investors also have unique opportunities to invest in a recovering domestic commodity sector and a strong dividend-rich and growing financial sector.

Stock Investing For Canadians For Dummies, 5th edition arms you with trusted information on stock investing in both bear and bull markets; unique investment segments like the legal medical marijuana sector; stock investing for different types of goals, styles, and stages of life; and examples straight from the real world of stock investing as they have occurred in the past few years. With up-to-date references and resources, this fundamentally powerful yet easy-to-read book is the most reliable Canadian resource on stock market investment you can get your hands on!

Search for:. Commercial paper Certificates of deposit Government debt Other types of securities Choosing a Great Money Market Fund Why yield and expenses go hand in hand Looking at your tax situation Deciding where you want your home base Keeping your investments close to home Considering other issues Finding the Recommended Funds Taxable money market funds Treasury money market funds Municipal tax-free money market funds Understanding Bonds Sizing Up a Bond Fund's Personality Maturity: Counting the years until you get your principal back Duration: Measuring interest rate risk Credit quality: Determining whether bonds will pay you back Issuer: Knowing who you're lending to Management: Considering the passive or active type Inflation-indexed Treasury bonds Investing in Bond Funds Why you might and might not want to invest in bond funds How to pick a bond fund with an outcome you can enjoy Don't overemphasize past performance Be careful with yield quotes Do focus on costs How to obtain tax-free income Eyeing Recommended Bond Funds Short-term bond funds Taxable short-term bond funds Treasury short-term bond funds Municipal tax-free short-term bond funds Intermediate-term bond funds Taxable intermediate-term bond funds Treasury intermediate-term bond funds Municipal tax-free intermediate-term bond funds Long-term bond funds Taxable long-term bond funds Treasury long-term bond funds Municipal tax-free long-term bond funds Exploring Alternatives to Bond Funds Individual bonds Guaranteed-investment contracts Mortgages Exchange-traded bond funds Be patient Add regularly to your stock investments Using Mutual Funds to Invest in Stocks Reducing risk and increasing returns Making money: How funds do it Seeing your stock fund choices The Best Stock Funds Mixing it up: Recommended hybrid funds Vanguard Wellesley Income Vanguard's funds of funds Vanguard Wellington Fidelity Puritan Fidelity's Freedom funds of funds Rowe Price offerings Letting computers do the heavy lifting: Recommended index funds Keeping it local: Recommended U.

Fairholme Fund Fidelity Low-Priced Stock Sequoia Vanguard Primecap Vanguard Selected Value Vanguard Strategic Equity Being worldly: Recommended international funds Vanguard International Growth Masters' Select International Equity Expanding your horizon: Recommended global stock funds Oakmark Global Rowe Price Spectrum Growth Tweedy Browne Global Value Vanguard Global Equity Specialty Funds: One of a Kind Arming for Armageddon: Precious Metals Funds Commodity Funds Evil is in the eye of the beholder Ways to express your social concerns Working It Out: Sample Portfolios Getting Started Starting from square one: Melinda Silencing student loans: Stacey the student Living month to month with debt: Mobile Mark Competing goals: Gina and George Wanting lots and lotsa money: Pat and Chris Changing Goals and Starting Over Funding education: The Waltons Rolling over but not playing dead : Cathy Wishing for higher interest rates: Nell, the near retiree Lovin' retirement: Noel and Patricia Dealing with a Mountain of Moola He's in the money: Cash-rich Chuck Inheritances: Loaded Liz Getting Unstuck.

Applications, Transfers, and Other Useful Forms Taking the Nonretirement Account Route Filling in the blanks: Application basics Account registration Your personal information Your investment Your method of payment Dividend and capital gains payment options Wiring and automatic investment options Check-writing option Buying in to discount brokerage accounts Borrowing money so you can invest: Margin accounts Getting personal Accessing your cash: Checks and debit cards Transferring your dough into a new brokerage account Information about your new brokerage account Information about the account you're transferring Brokerage account transfers Mutual fund transfer forms Bank, savings and loan, or credit union transfers Attach your account statement!

Preparing for Leisure: Retirement Accounts Retirement account applications Register for an account Choose your investment method Select your account service options Designate your beneficiaries What to do before transferring accounts Filling out transfer forms Account ownership and address Where the retirement account funds will be invested Account being transferred Authorization to transfer your account Investing on Autopilot Finding Help for a Overwhelmed Brain V.

Keeping Current and Informed Deciphering Your Fund Statement Trade date or date of transaction Transaction description Dollar amount Share price or price per share Share amount or shares transacted Shares owned or share balance Account value Interpreting Discount Brokerage Firm Statements Portfolio overview Account transaction details Assessing Your Funds' Returns Getting a panoramic view: Total return Dividends Capital gains distributions Share price changes Tallying the total return Focusing on the misleading share price Figuring total return Assessing your funds' performance Bond benchmarks International stock benchmarks Handling bear markets Dealing with fund company consolidations Tweaking and Rebalancing Your Portfolio The Taxing Side of Mutual Funds Box 1a: Total ordinary dividends Box 1b: Qualified dividends Box 2a: Total capital gains distributions Box 3: Nondividend distributions Box 4: Federal income tax withheld Box 6: Foreign tax paid Introducing the "basis" basics Accounting for your basis Specific identification method The "first-in-first-out" method The average cost method Deciding when to take your tax lumps or deductions Cashing in long-term gains and keeping taxes low Selling for tax deductions and the famous wash sale rule Looking at fund sales reports: Form B Getting help: When you don't know how much you paid for a fund Retirement Fund Withdrawals and Form R Minimizing taxes and avoiding penalties Withdrawing from non-IRA accounts Understanding form R for non-IRAs Playing the Telephone Game Trouble-Shooting Bungled Transactions Specifying Funds to Buy at Discount Brokers Making Deposits in a Flash Verifying Receipt of Deposits Transferring Money Quickly Losing Checks in the Mail Changing Options after Opening Your Account Making Sense of Your Statements and Profits Changing Addresses Finding Funds You Forgot to Move Untangling Account Transfer Snags Eliminating Marketing Solicitations Digging Out from under the Statements Getting Older Account Statements Fund Ratings and Forecasters Avoiding the Bad Stuff Looking into market timing and crystal balls Keeping them honest and providing new fodder: The Hulbert Financial Digest Using bogus rankings, token awards, and mystery testimonials Pitching a product: Filler and ads in newsletter form Investing newsletter Hall of Shame Dwayne Dweeb's Personal Finance Harry Hacker's Mutual Fund Investing Getting In on the Good Stuff Morningstar Mutual Funds Reading a Morningstar bond fund report Reviewing a Morningstar stock fund report No-Load Fund Analyst The Independent Adviser for Vanguard Investors Harnessing Your Computer's Power Using Computer Software Getting-and-staying-organized software Accessing investment research software Entering Cyberspace: Internet Sites Investment Company Institute Rowe Price