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Jay, If you are just starting with one single global fund, take a look a:
Mac Cundill Value Fund

Some sites worth using for research include:

http://www.morningstar.ca

http://www.globefund.ca

http://www.stockhouse.ca

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Any advice on “good global funds”.

-J

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CIBC also has a low-fee balanced index fund.

The PH&N fund is really good. The only issue I see with that fund is the underexposure to global markets but one could shore that up with a couple good global funds.

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Here’s the opening paragraph from the morningstar.ca article

”
Low costs and an excellent team of managers make this fund a top pick.

Even with the overabundance of balanced offerings, there are still only a handful of names that we would consider worthy of owning, and PH&N Balanced is definitely one of them. With rock-bottom fees and an excellent management team that attempts to add value with all facets of the port”

http://www.morningstar.ca/glob.....undid=5580

The market is volatile so a balanced fund with really low fees and a consistent track record could be a good move right now.

There are other Vancouver Brokerages, which are highly rated with lower MER than the bank funds.

Leith Wheeler is another one, and another one that I wouldn’t personally use but is very popular is Cannacord.

If you like real estate the Dynamic real estate fund is a good one. It has a 2.58% MER though…..

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Damn! Is that true? Some of them must have had their networth thrashed in a crash like that. Does Japan have an old age pension to support their older citizens?

What are people doing with their RRSP contributions this year? I have a feeling we’re going to be in for a rough ride in the markets, so is it a good time to be buying equities or index funds? I’m paying too much for MER on mutual funds and trying to pay closer attention to this stuff, so I started a topic in the forum to ask for ideas on this:

http://vancouvercondo.info/for.....2&t=25

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Analysts (unnamed in the commentary) are apparently muttering of a 10% drop in Canadian prices this year.

What price? Median or average? It matters, because BC and Alberta RE is so expensive compared to the rest of the country. A correction to fundamentals in the West could drop the national average a lot all by itself.

But a 10% drop in the Canadian median would have to mean a significant drop in the non-bubble areas where most Canadians live.

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If the Nikkei 225 is an adequate proxy for the Japanese economy, the fact that the Nikkei is at the same level now as it was in 1985

A much more alarming statistic is that it is at 1/3 of what it was in 1990.

I read somewhere that Vancouver house prices only recently attained the peak value that they had in the early 80s? How long did it take for those prices to return to their bubble peak price anyways?

Real prices took 25 years almost to the day. That happened in 2006. Nominal prices, can’t remember exactly, but much less, maybe 7 years. Don’t forget that inflation was quite high then. Now it isn’t. Nominal and real price drops are almost identical.

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you guys are unbeatable again great sense of humor while your opponents are trying to put infuance by force.

Poster 1 does not know what is inflation and how does that work and with lack of math skill he forgot to put half of dozens zeros behind price plus he don’t know average age of human life.

Poster 2 was a blind bear jump to support without reading the fact.

poster 3 is some what correct but absolutley wrong here.

Freako (as poster 4)is absolutely right so poster no 2 and 3 disappear and poster 1 never returned back to say sorry to evergreen,

Poster 5 Andreas is absolutely right because this is depend on buyers what does he/she keep in mind while buying a place for them self,our home is not a bussiness it is a place to live in the best desirable neighborhood.

Poster 6 is wrong because poster 5 is right.

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If the Nikkei 225 is an adequate proxy for the Japanese economy, the fact that the Nikkei is at the same level now as it was in 1985 is telling evidence of the troubles that the Japanese economy has had to slog through. It’s also a telling counter-example for advocates of a government-stimulus package to save the economy. Japan tried the Keynesian remedy last decade, which may have helped keep things ticking over but did not turn the slump around.

This reminded me of something – I likely have this wrong, but didn’t I read somewhere that Vancouver house prices only recently attained the peak value that they had in the early 80s? How long did it take for those prices to return to their bubble peak price anyways?

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http://tinyurl.com/25ckpr

As the extent of the now-collapsed subprime bubble continues to be revealed, there have been an increasing number of comparisons to the pre-Great-Depression 1920s.

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Specifically an income or “value” investment rather than a speculative or “growth” investment.

Ditto an investor who buys for cash flow.

Unfortunately in the popular lexicon “investment” has come to mean “speculative investment” only. I wonder how many people consider a GIC to be an investment (which of course it is).

Greater Fool Planet.

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Global warming resistant? What does that mean? Do you mean to say that overseas investors won’t be able to buy a condo in Hongcouver and have it burn down with them in it? Drat!

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Agreed for Vancouver. Other cities experience “core rot” meaning sprawl occurs in lieu of densification. Income stratification can also lead to faster appreciation in some areas (the location^3 adage).

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The bulls have become a little more subtle and stealthy at disseminating the bs haven’t they?

Just because I voiced an opinion which you don’t agree with doesn’t make me a bull nor mean I have a vested interest in property or want to mislead people.

We sure have different concepts of what it means to be bullish or bearish. For me, being a bull or bear refers to the time between now and maybe, the next few years. That’s the only meaningful way it’s used in financial circles. In my post, I only referred to a time 10-15 years from now. Even if I feel that property prices will be at a new high then (adjusted or unadjusted for inflation), logically I can still be bearish for the next few years.

But, I have no idea where the present BC property market is headed in the next few years. If you have, good for you.

I don’t view property from a pure investment angle (value for money). Unlike stocks, bonds, currency, gold, a property has got investment cum other values. My main issue is that most of us have only about a 20 year time frame from our 20s to 40s to make that important decision to buy a house. So if you want or need to buy, why care about what might happen over 50 to 400 years especially if you can afford it?

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