at a successful but volatile value-investing approach and its hot and cold periods over more than two decades. He calls it The Screaming Value portfolio, and it’s posted returns of 13.3 per cent annually since 2000 - more than double the returns of the S&P/TSX Composite Index.Ottawa has made it official: the tax-free savings account contribution limit will go up to $6,500 in 2023.
Exchange-traded funds are prized for their low cost and liquidity, but they will also prove invaluable as a simple and effective tax-loss harvesting vehicle amid this year’s market rout. Under federal tax laws, investors who sell a particular stock, bond or fund to gain a tax loss must wait 30 days under the Canada Revenue Agency’s “superficial tax loss” rule. The rule is inconvenient for those who want to maintain exposure to a specific security.