TheAnswerIs.ca
Investor Updates
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2024)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to Sept 30, 2024, was 105.22%. In other words, TheAnswerIs.ca model portfolio has now more than doubled since inception.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 106.53%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 7.93 years since inception was 9.49%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q2 2024)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to June 30, 2024 was 90.19%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 88.11%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 7.68 years since inception was 8.73%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q1 2024)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to March 31, 2024 was 87.54%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 88.50%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 7.43 years since inception was 8.83%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2023)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to December 31, 2023 was 74.79%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 75.95%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 7.18 years since inception was 8.17%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2023)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to September 30, 2023 was 63.22%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 63.75%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 6.97 years since inception was 7.33%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q2 2023)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to June 30, 2023 was 68.27%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 67.24%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 6.67 years since inception was 8.11%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q1 2023)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to March 31, 2023 was 64.04%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 65.51%. The recent Canadian TSX outperformance is largely due to Canada’s heavy weighting in oil & gas, as well as mining stocks.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 6.42 years since inception was 8.00%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2022)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to December 31, 2022 was 53.86%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 57.48%. The recent Canadian TSX outperformance is largely due to Canada’s heavy weighting in oil & gas, as well as mining stocks.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 6.18 years since inception was 7.22%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2022)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to September 30, 2022 was 46.30%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 49.87%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 5.93 years since inception was 6.63%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q2 2022)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to June 30, 2022 was 52.15%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was coincidentally also 52.15%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 5.68 years since inception was 7.67%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q1 2022)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to March 31, 2022 was 72.42%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 75.62%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 5.44 years since inception is 10.53% per year.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2021)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to December 31, 2021 of 72.36%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 67.71%. TheAnswerIs.ca Model Portfolio return is higher than the TSX return, due to its broader economic sector diversification.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 5.18 years since inception is 11.08% per year.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2021)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to September 30, 2021 of 63.16%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 57.30%. TheAnswerIs.ca Model Portfolio return is higher than the TSX return, due to its broader economic sector diversification.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 4.93 years since inception is 10.44% per year.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q2 2021)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to June 30, 2021 of 63.62.%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 58.16%. TheAnswerIs.ca Model Portfolio return is higher than the TSX return due to its broader economic sector diversification.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 4.68 years since inception is 11.09% per year.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q1 2021)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to March 31, 2021 of 53.11%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 45.16%. TheAnswerIs.ca Model Portfolio return is higher than the TSX return, due to its broader economic sector diversification.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 4.43 years since inception is 10.09% per year.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2020)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to December 31, 2020 of 42.36%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 32.77%. The Model Portfolio return is significantly higher than the TSX due to broader economic sector diversification.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2020)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016 to September 30, 2020 of 30.23%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 22.17%. The Model Portfolio return is significantly higher than the TSX due to broader economic sector diversification.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q2 2020)
The roller coaster ride continues….hang tight.
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016 to June 30, 2020 of positive 23.64%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was positive 16.63%. The Model Portfolio return is higher than the TSX due to broader economic sector diversification.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q1 2020)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016 to March 31, 2019 of positive 7.51%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was negative 1.12%. The Model Portfolio return is higher than the TSX due to broader economic sector diversification.
March 18, 2020 - Fancy Socks and a Declining Stock Market
I bought a fancy pair of “Bugatchi” socks on sale last week for a special occasion coming up. Well not surprisingly, the occasion was cancelled, but I still remember how happy I was getting my fancy socks on sale at a 48% savings.
I am now applying the same "head space" to the ETF and stocks purchases I made last week.
Feb 28,2020 - Keep calm and carry on
Global stock markets have turned sharply down. There are a host of reasons why, as there always are. Some of them may even be correct.
The key to successful investing is "head space", remembering at times like this, that the money invested in equities has been put away for the long-term, of at least 10 years, and preferably much longer.
For the last several years, stock markets have been relatively calm or gone up. Stock markets that go down sharply, are inevitable and the timing unpredictable. The down markets are the "price" you pay for attractive long-term equity returns. If an investor achieves the correct head space, market downturns can also be turned into opportunities.
A few readings for downward sloping stock markets:
"To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the 'Hallelujah Chorus' in the Buffett household. When hamburgers go up in price, we weep. For most people, it’s the same with everything in life they will be buying — except stocks. When stocks go down and you can get more for your money, people don’t like them anymore."
– Warren Buffett, Fortune Magazine (December 10, 2001)
https://theansweris.ca/risk-volatility.php
https://theansweris.ca/Q22.php
Invest long-term and prosper, (wink to Star Trek).
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2019)
TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016 to December 31, 2019 of 30.35%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 25.57%. The Model Portfolio return is higher than the TSX due to broader economic sector diversification.
The annualized return for the TheAnswerIs.ca model portfolio for the 3.18 years since inception was 9.43%.
Testimonials
Thank you for your visit and lecture to my undergraduate personal finance class. The feedback I received was quite positive and many of the students were chatting about your ideas well after the class. Overall, our students always benefit from a "practitioner" versus "academic" perspective and your candid remarks helped them compare and contrast between different views on investing and portfolio construction. And of course, since you were rated quite highly as a speaker, I would love to have you back again next semester again. Kudos and much appreciated.
Professor M. A. Milevsky, Ph.D.
York University, Toronto
In my undergraduate elective Wealth Management, at the Ivey Business School, our focus is on identifying and implementing a short list of ‘high impact’ activities that we know will lead to the accumulation and preservation of personal financial capital. As a guest speaker in the program, Dave Jenkins brings an energizing passion and uncompromising clarity to the students through his simple yet impactful messages. Students consistently rank his lecture as one of the highlights of the course.
Chuck Grace CPA CMA CMC
Finance Faculty, HBA Faculty Director, Ivey Field Project
Research Engineer, Centre for Quantitative Analysis & Modelling
The AnswerIs presentation to the undergraduate students at UTM was very instructive and engaging. The presentation was a good opportunity for students who have very little knowledge of investing to understand some key investment concepts such as compounding, time horizons, risk and volatility. The interactive nature of the presentation kept students engaged and allowed them to ask pertinent clarifying questions. Overall, this presentation is well suited to young people who are considering entering the world of investment.
Dr. Radha Maharaj
Institute of Communication, Culture, Information and Technology (ICCIT)
University of Toronto Mississauga
A letter to my three daughters
Mom and I are going on an African Safari. If we get eaten by lions, this letter will convey all you need to know about personal finance in three pages. And oh yeah…please feed the dog.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2019)
TheAnswerIs.ca Inc. announces a total return for the model portfolio from inception October 26, 2016 to September 30, 2019 of 27.82%. The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 22.46%. The annualized return for the TheAnswerIs.ca model portfolio for the 2.93 years and 8 months was 8.74%.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q2 2019)
TheAnswerIs.ca Inc. announces a total return for the model portfolio from inception October 26, 2016 to June 30, 2019 of 24.72%. The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 19.35%. The annualized return for the TheAnswerIs.ca model portfolio for the 2 years and 8 months was 8.59%.
I was chatting to my daughter about saving and investing and this little guy overheard and was keen to learn more.
Video is 10 seconds, (his exuberance was startling to say the least).
I think I can, I think I can
Lessons from the African Animal Kingdom. Perseverance pays off. Just like with long-term investing.
Now the little ones can eat the leaves!
Video is 32 seconds.
Watch it Here
Well we are back from Africa, spared by the lions!
I learned about the benefit of being calm and patient in the face of adversity. A lesson that can be applied to long-term investing!
Sorry about the commercial. Entire video is 1 minute 48 seconds. Be sure to watch until the end.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q1 2019)
TheAnswerIs.ca Inc. announces a total return for the model portfolio from inception October 26, 2016 to March 31, 2019 of 21.94%, up by 13.25% over the last 3 months. The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 16.34%. The annualized return for the TheAnswerIs.ca model portfolio for the 2 years and 5 months was 8.51%.
Spring 2019 Ivey InTouch Magazine article on TheAnswerIs.ca
While I love writing and answering questions posed on the website about personal investing, what I REALLY LOVE is providing free info sessions on the "head space" required for successful investing. I speak at universities, businesses and community groups.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2018)
TheAnswerIs.ca announces the total return for the model portfolio from inception October 21, 2016 to December 31, 2018 is 7.67%. The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 1.67%. The annualized return for the TheAnswerIs.ca model portfolio for the 2.2 years since inception is 3.43%.
Simplify the complex world of investing – The Personal Finance Show with David Jenkins and Beau Humphreys.
TheAnswerIs.ca - Second Anniversary Update
TheAnswerIs.ca announces the total return for the model portfolio from inception October 21, 2016 to October 21, 2018 is 14.78%. This total return is down almost 5% since the Q3 2018 model portfolio update on September 30, 2018, only 3 weeks ago. A very good reminder of the volatility of stock markets.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q3 2018)
The Total Return for TheAnswerIs.ca announces the total return for the model portfolio from inception October 2016 to September 30, 2018 is 19.51%. The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, is 14.00%.
TheAnswerIs.ca announces the Total Return for the model portfolio from inception October 2016 to June 30, 2018 was 17.67%.
The corresponding Total Return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 14.63%.
Join Tracey Bissett and I, David Jenkins, on the Young Money Podcast EP032 to discuss investing with TheAnswerIs.
Read how David Jenkins and Dr. Radha Maharaj propose to enhance investor protection on the Ontario Securities Commission (OSC) website:
http://www.osc.gov.on.ca/en/57010.htm
TheAnswerIs.ca Model Portfolio Performance Update
(Q1 2018)
The Total Return for TheAnswerIs.ca model portfolio from inception on October 21, 2016 to March 31, 2018, was 14.39%. The corresponding Total Return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 7.42%.
Thank you to the following businesses for providing TheAnswerIs.ca an opportunity to share the aptitude or head space required for successful investing:
Altus Group
Avison Young
CareGo Tek
CBRE
Colliers International
Cresa Toronto
Info-Tech Research
Infrastructure Ontario
Seradex
Investing doesn't have to be complex or time consuming.
Find out more with TheAnswerIs.ca free interactive presentations.
Thank you to the following universities and schools for providing TheAnswerIs.ca an opportunity to share the aptitude or head space required for successful investing:
Western University – Ivey Business School
York University – Schulich School of Business
University of Guelph – Real Estate & Economics
University of Ottawa – Department of Criminology
University of Guelph - Humber
George Brown College – Certified Financial Analysts
White Oaks Secondary School – TechUnderTwenty
Investing doesn't have to be complex or time consuming.
If you know of an organization that would like to find out more with TheAnswerIs.ca free interactive presentations, please contact me.
TheAnswerIs.ca Inc. Model Portfolio Performance Update (Q4 2017)
TheAnswerIs.ca Inc. model portfolio had a total return of 16.53% (compared to a TSX total return of 11.98%), for the period since inception October 21, 2016 to December 31, 2017.
TheAnswerIs.ca - First Anniversary Update
Since Oct 21, 2016, each of the six ETFs in the model portfolio have experienced unit price increases of between 1% and 16.6%, with an average model portfolio unit price increase of 11.4%%. In addition to these unit price increases, the six ETFs have paid cash dividends / distributions of an additional 2.7%. Overall, the total return has been 14.1%.
Stocks are near all-time highs - is now a good time to invest?
Rob Carrick, Personal Finance writer at the Globe & Mail, steers his daily newsletter readers to www.theansweris.ca "A reasonable compromise strategy is proposed by an educational investing website: Invest money you have at hand gradually, not all at once. I’d probably use a tighter timeline than is proposed here."
TheAnswerIs.ca Portfolio Performance (Q3 2017)
TheAnswerIs.ca portfolio had a total return of 11.75%, (compared to a TSX total return of 7.81%), for the period from inception on October 21, 2016, to September 30, 2017.
Bright, young, thoughtful and inquisitive minds. Our future is in good hands!
On August 1, 2017, TheAnswerIs.ca had the opportunity to present to 80 Federal Government Summer Leadership Program (SLP) interns in Ottawa. The SLP gives young people from across the country vital job experience in the Prime Minister's Office, Parliamentary and Ministers' offices, and the Liberal Research Bureau.
Minimum Wage (or Mentorship Wage) Rant
We are all hearing about the risk of job losses associated with the dramatic short-term increase in Ontario’s, and other jurisdictions, minimum wage.
TheAnswerIs.ca Portfolio Performance (Q2 2017)
TheAnswerIs.ca portfolio performance update is for the period from inception on October 21, 2016, to June 30, 2017. Future updates will be provided every three months.
TheAnswerIs.ca Portfolio Performance (Q1 2017)
This is the first Portfolio Performance update for TheAnswerIs.ca. All future updates will be provided at the end of each quarter; i.e. the end of March, June, September and December.
TheAnswerIs.ca offers long-term investment guidance in exchange for a charitable donation instead of advisor fees
Toronto, On, December 7th, 2016 – Toronto real estate executive, entrepreneur and long-time investor David Jenkins, HBA, ICD.D, has just launched TheAnswerIs.ca, a non-profit website to simplify the complex world of investing to give people – especially millennials with long time horizons – the knowledge, aptitude and confidence to invest successfully.