Episode 61: 2023 Update on PWL’s Expected Returns and a Review of Professor Scott Cederburg’s paper on life cycle asset allocation.

2023 Update on PWL’s Expected Returns and a Review of Professor Scott Cederburg’s paper on life cycle asset allocation.

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle discuss the updated PWL long term expected returns on asset classes with PWL’s senior researcher Raymond Kerzérho.

Then, they review with him a research paper from Professor Scott Cederburg on life cycle asset allocation.

Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle: You’re listening to Capital Topics, episode #61!

This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.

In this episode, we will discuss the following points with Raymond Kerzerho, PWL’s Senior Researcher:

First, we will give you an update on PWL Capital’s long term expected returns on asset classes.

And next, for our second topic, we discuss a groundbreaking paper from Professor Scott Cederburg on life cycle asset allocation.

Enjoy!

1) UPDATE ON PWL CAPITAL’S EXPECTED RETURNS :

Francois Doyon La Rochelle: Hello, James! How are you today?

James Parkyn: I'm very good, Francois, and how are you?

Francois Doyon La Rochelle: I'm good. Thank you.

Francois Doyon La Rochelle: So, as I've mentioned in my introduction to help us tackle the 2 topics at hand for today, we have invited Raymond Kerzérho, PWL Senior researcher.

So good morning to you, Ray. It's good to have you back on the podcast.…Read More

Episode 60: 2023 Investing Lessons and the review of “The Price of Time” by Edward Chancellor

2023 Investing Lessons and the review of “The Price of Time” by Edward Chancellor

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle will continue their yearly tradition and discuss the Investing Lessons of 2023

Then, they review “The Price of Time” by Edward Chancellor, a book that they highly recommend for all their listeners.

Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle: You’re listening to Capital Topics, episode #60!

This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.

In this episode, we will discuss the following points:

For our first topic, we discuss the investing lessons of 2023.

And next, for our main topic, we will review the book titled “The Price of Time” by Edward Chancellor.

Enjoy!

1) 2023 INVESTING LESSONS :

François Doyon La Rochelle: I will start. In our last podcast, #59, we reviewed the capital markets results for 2023 and by doing so we underlined the main economic and geopolitical events that we believe have shaped the capital markets results last year. This being said every year brings valuable lessons to investors to help us stay disciplined and focused on the long-term and avoid being deterred by the short-term noise. So, James, as we do every year at this time, let’s review the Investing Lessons of 2023…Read More

Episode 59: 2023 Capital Markets Year in Review and How to Measure Your Portfolio Performance

2023 Capital Markets Year in Review and How to Measure Your Portfolio Performance

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle will start the new year by covering the global capital markets performance for 2023.

Then, they tackle how to measure your portfolio performance. Which goes hand in hand with the first topic.

Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle: You’re listening to Capital Topics, episode #59!

This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.

In this episode, we will discuss the following points:

For our first topic, we will review the 2023 Market Statistics.

And next, for our main topic, we will discuss how to measure your portfolio performance.

Enjoy!

1) 2023 CAPITAL MARKETS YEAR IN REVIEW :

François Doyon La Rochelle: Before we start, I would like to wish our audience a happy, healthy, and prosperous New Year. This being said we have two timely topics to cover today. So, with another year passing by, I will start and cover the global capital markets performance for 2023. To help with the discussion, I will be going through our market statistics page, a document you can find on our website Capital Topics in the resources section, or directly on our team’s page on the PWL Capital website…Read More

Episode 58: Year-End Tax Planning and Update on Canada’s Major Pension Plans

Year-End Tax Planning and Update on Canada’s Major Pension Plans

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle will first discuss year-end tax planning strategies for investors in Capital Market Securities.

Then, they will chat with Raymond Kerzerho, PWL’s Senior Researcher, about his latest blog regarding Canada’s major pension plans.

Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle: You’re listening to Capital Topics, episode #58!

This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.

In this episode, we will discuss the following points:

For our first topic, since we are approaching the end of 2023, we will discuss year-end tax planning strategies for individual investors.

And for our next topic, we will chat with Raymond Kerzerho, PWL’s Senior Researcher, about his latest blog regarding Canada’s major pension plans.

Enjoy!

1) YEAR-END TAX PLANNING FOR INVESTORS :

François Doyon La Rochelle: Well, it’s that time of the year again to cover Year-end Tax Planning Strategies for Investors in Capital Market Securities. It has been an annual tradition for us on the Podcast.  We want to remind our Listeners that the insights and advice we will be sharing will be general in nature. We would need a more detailed understanding of an investor’s tax and financial situation to give specific recommendations.  Listeners should consult their tax advisors, portfolio managers, and financial planners for personalized recommendations…Read More

Episode 57: The Powerful Advantages of Total Market ETF’s & Canada’s Tax System

The Powerful Advantages of Total Market ETF’s & Canada’s Tax System

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle will address why we prefer using total market ETFs or mutual funds to build our portfolios rather than other investments solutions.

 They also share their thoughts on a real hot button issue for all Canadians, Taxes!

Raising taxes on top income earners is often proposed as a solution for generating a lot of extra revenues and at the same time reducing inequality in Canada.

Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle: You’re listening to Capital Topics, episode #57!

 This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.

 In this episode, we will discuss the following points:

For our first topic, we will review the powerful advantages of building your portfolio with total market ETF’s.

And for our next topic, we will discuss Canada’s Tax System and try to answer the following question: do high earners pay their fair share of taxes?

Enjoy!

1) THE POWERFUL ADVANTAGES OF TOTAL MARKET ETF’S :

François Doyon La Rochelle: In our first subject for today, we will address why we prefer using total market ETFs or mutual funds to build our portfolios rather than other investment solutions, that replicate recognized commercial benchmarks such as the S&P500 Index for U.S. equity, the S&P/TSX 60 Index here in Canada and other large-cap benchmarks. …Read More