13min chapter

The Canadian Investor cover image

Selling Gold, Understanding Warrants, and Investing in a Rate-Cutting Environment

The Canadian Investor

CHAPTER

Navigating Investments: Advisors vs. Self-Directed Strategies

This chapter explores the complexities of investment strategies, focusing on the role of warrants in financing and the decision-making process for those nearing retirement. It highlights the crucial differences between mutual funds and self-directed ETFs, emphasizing the importance of understanding fees, advisor performance, and the psychological aspects of investment management. The discussion warns against common pitfalls investors face, such as high fees for underperforming funds and the psychological biases that may mislead them when evaluating their investment success.

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