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Posts by Michael James

Dalbar’s Measure of Retail Investor Underperformance A blog about money, personal finance, and investing.

New: Dalbar's measure of investor underperformance
www.michaeljamesonmoney.com/2026/04/dalb...

2 weeks ago 0 0 0 0

Should be called auto-incorrection

3 weeks ago 0 0 0 0
How Leveraged ETFs Lose Money A blog about money, personal finance, and investing.

Leveraged ETFs don't work the way many people think they work. Here's how they lose money:
www.michaeljamesonmoney.com/2011/07/how-...

4 weeks ago 0 0 0 0
How I Manage my RRSP in Retirement A blog about money, personal finance, and investing.

New: How I manage my RRSP in retirement
www.michaeljamesonmoney.com/2026/03/how-...

1 month ago 1 1 0 0
How I Manage my RRSP in Retirement A blog about money, personal finance, and investing.

New: How I manage my RRSP in retirement
www.michaeljamesonmoney.com/2026/03/how-...

1 month ago 1 1 0 0
Irrational Risk Avoidance A blog about money, personal finance, and investing.

Being human makes us too risk seeking sometimes and too risk averse other times. There is a test that most of us fail.
www.michaeljamesonmoney.com/2011/07/irra...

1 month ago 0 0 0 0
Currency Conversion Costs A blog about money, personal finance, and investing.

Nearly 15 years ago, I figured out the hard way that currency exchange costs are a big deal.
www.michaeljamesonmoney.com/2011/06/curr...

1 month ago 0 1 0 0
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Understanding Income Tax Installments A blog about money, personal finance, and investing.

Many people find tax instalments confusing and scary. They're not so bad once you understand why they exist and how they're calculated.
www.michaeljamesonmoney.com/2011/02/unde...

1 month ago 0 0 0 0
RRSP Home Buyer’s Plan – A Cautionary Tale A blog about money, personal finance, and investing.

It's still possible to get into double-taxation trouble with the Home Buyer's Plan as I did many years ago.
www.michaeljamesonmoney.com/2011/02/rrsp...

1 month ago 0 0 0 0
How Tax-Free Compounding Helps A blog about money, personal finance, and investing.

How tax-free compounding helps. A scenario showing how RRSPs and TFSAs benefit investors.
www.michaeljamesonmoney.com/2011/02/how-...

2 months ago 0 0 0 0

Whenever I read a strident piece about how the cost of a latte doesn't make a meaningful difference to anyone's finances, I see the author writing to the top quartile of wealth or income and treating the rest as cattle.

2 months ago 0 0 0 0
Book Review: The 5 Types of Wealth A blog about money, personal finance, and investing.

New book review: The 5 Types of Wealth
www.michaeljamesonmoney.com/2026/02/book...

2 months ago 0 1 0 0
Book Review: The 5 Types of Wealth A blog about money, personal finance, and investing.

New book review: The 5 Types of Wealth
www.michaeljamesonmoney.com/2026/02/book...

2 months ago 0 1 0 0
Index Investing is a Statement about Personal Limitations A blog about money, personal finance, and investing.

Index investing is a statement about personal limitations. But almost all of us have these investing limitations.
www.michaeljamesonmoney.com/2010/12/inde...

2 months ago 0 0 0 0
Beware the Practical Expedient Rule in Secondary Private Equity Funds A blog about money, personal finance, and investing.

New: Beware the practical expedient rule in secondary private equity funds
www.michaeljamesonmoney.com/2026/02/bewa...

2 months ago 0 1 0 0
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Beware the Practical Expedient Rule in Secondary Private Equity Funds A blog about money, personal finance, and investing.

New: Beware the practical expedient rule in secondary private equity funds
www.michaeljamesonmoney.com/2026/02/bewa...

2 months ago 0 1 0 0
How to Replicate the Performance of Dynamic Funds A blog about money, personal finance, and investing.

A risk-free way to create 7 mutual funds that beat their benchmarks for a decade despite sky-high MERs.
www.michaeljamesonmoney.com/2010/12/how-...

2 months ago 0 0 0 0
Does Paying Yourself First and Blowing the Rest Work? A blog about money, personal finance, and investing.

"Pay yourself first" is more complicated than it seems at first.
www.michaeljamesonmoney.com/2010/12/does...

2 months ago 0 0 0 0
Taking it Easy on Financial Advisors A blog about money, personal finance, and investing.

I've been told to take it easy on financial advisors because most of them have their heart in the right place. My thoughts:
www.michaeljamesonmoney.com/2010/12/taki...

3 months ago 0 0 0 0
The Right Mindset for Trading Equities A blog about money, personal finance, and investing.

The right mindset for trading equities - whether you trade equities daily or annually, here the way to think of the person taking the opposite side of your trades:
www.michaeljamesonmoney.com/2010/11/righ...

3 months ago 0 0 0 0
Preview
My Investment Return for 2025 A blog about money, personal finance, and investing.

New: My investment return for 2025
www.michaeljamesonmoney.com/2026/01/my-investment-return-for-2025.html

3 months ago 0 1 0 0
Preview
My Investment Return for 2025 A blog about money, personal finance, and investing.

New: My investment return for 2025
www.michaeljamesonmoney.com/2026/01/my-investment-return-for-2025.html

3 months ago 0 1 0 0
Retirement Income Planning A blog about money, personal finance, and investing.

New: Retirement income planning
www.michaeljamesonmoney.com/2026/01/reti...

3 months ago 1 1 0 0
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Retirement Income Planning A blog about money, personal finance, and investing.

New: Retirement income planning
www.michaeljamesonmoney.com/2026/01/reti...

3 months ago 1 1 0 0

AI is great! It can produce wildly wrong answers in one-tenth the time it takes me to fix it.

3 months ago 1 0 0 0
Modest Investment Returns are Better than They Appear A blog about money, personal finance, and investing.

Modest investment returns are better than they appear when compared to the past.
www.michaeljamesonmoney.com/2010/10/mode...

3 months ago 0 0 0 0
The Futility of Mutual Fund Disclosures A blog about money, personal finance, and investing.

5 years ago I said that fund fee "disclosures must be expressed in dollars." We've begun doing this with fuller disclosures coming in early 2027. Hopefully, they'll help more investors understand what they pay.
www.michaeljamesonmoney.com/2010/10/futi...

3 months ago 1 0 0 0

Contradictory Retirement Plans #PFcan #retirement #FinSky #CanadaSky #investing findependencehub.com/contradictory-retirement...

3 months ago 3 2 0 0
Defending the All-Stock Portfolio A blog about money, personal finance, and investing.

Defending the all stock portfolio - It's interesting that I got a lot of pushback for being 100% in stocks fifteen years ago, but now that stocks have been soaring for years, the idea gets a lot of support.
www.michaeljamesonmoney.com/2010/09/defe...

4 months ago 0 0 0 0

CRM3 question:
Over the years I've encouraged many clients of the wealth arms of big Canadian banks to ask what they pay in fees. Not one got a straight answer or even an approximate total. Will these wealth arms find a way to avoid the intent of CRM3?

4 months ago 0 0 0 0