A sign board displays the TSX near Richmond Adelaide Centre in Toronto’s financial district.Evan Buhler/The Canadian Press
Too many Canadian investors are allowing a golden moment to pass them by.
The Canadian stock market is having a monumental run. The leading index for the Toronto Stock Exchange is up by 22 per cent this year, and 62 per cent over the past three years.
It doesn’t get much better than that. A retirement plan can hinge on such returns. One simply needs to reap the rewards the stock market is churning out.
But Canadians are being perpetually shortchanged, both by themselves and by the industry.
Most hand their money over to active fund managers, who are supposed to be able to beat the market by picking individual stocks. And most of those managers chronically underperform the market, charging hefty fees in the process.
How the Canadian stock market became great again
This has been the…
