Practical Index Investing for Canadians

Implementation and Processes for Long-Term Success | taught by John Robertson

Course description

This course will guide you through investing your money for the long term, with step-by-step instructions.

Please note: this course is currently in pre-ordering mode and is being offered at an ~20% discount to the final price. Approximately 70% of the modules have been completed and uploaded at this point, though there are still pieces to come. The syllabus will give you information on what's coming over the next few months.

The course has two aims: to show you how to invest, and to help you set up good processes and behaviour so that you can be successful for the long term.

It is aimed at people who don't have previous experience investing, and will cover the details of implementation that are often glossed over by other resources: how to set up an account, place a trade, decide between using your TFSA and RRSP, and report any gains on your taxes.

Why become a do-it-yourself investor?

There are plenty of good reasons, but at the top of the list are fees. The average Canadian mutual fund charges over 2.4% per year in fees, and those are hidden within the prospectus -- you'll never receive a bill or receipt for them. Compounding over the years, that could take half of your eventual retirement savings. For someone with $100,000 invested, that's $2,400 every year. While some fees are unaviodable, with just a bit of work (a few hours per year) and the skills this course will help give you, you could cut that down to just a few hundred dollars. For many Canadians, this course will pay for itself in just a few months!

John Robertson
John Robertson

Dr. Robertson is a scientist, writer, investor, teacher, and all-around nice guy. He specializes in explaining complex topics – scientific or financial – for regular people. He has a PhD from the University of Western Ontario in Medical Biophysics, and spends his days as a science writer and editor for the Techna Institute in Toronto.

John's experience as a teacher includes acting as a teaching assistant and instructor at the University of Western Ontario in the sciences. He developed the curriculum for MBP573 Intro to Medical Biophysics, a for-credit masters-level course, and delivered the majority of the lectures; he also delivered a guest lecture on the bioelectromagnetics component of the MBP3336G undergraduate course for three consecutive years. He has received numerous teaching and speaking awards, including the Curtis Carl Johnson Memorial Award for the best platform presentation at the Bioelectromagnetics Society Meeting, and the prestigious Drs. Madge and Charles Macklin Fellowship for Teaching from the Schulich School of Medicine in 2009.

For personal finance instruction, John has been invited to give three workshops at the Toronto Public Library, and a guest lecture spot for Ellen Roseman's continuing education course at the University of Toronto. He also worked on a one-on-one basis with clients to help them become do-it-yourself investors.

Personal finance and investing have long been personal passions for John, and he has been an active part of the Canadian personal finance community for nearly a decade, creating spreadsheets and how-to guides amongst other commentary and analyses. In 2014 he published The Value of Simple to help investors move away from relying on commissioned sales staff to planning and investing on their own. The book focuses on helping people implement simple investment plans and get over behavioural pitfalls to success – this course builds on that material.

John Robertson

Course Curriculum

Introduction: Planning and Other Grown-up Money Concerns
Syllabus FREE
Money 101 Review and Background Knowledge FREE
Reading Guide FREE
What Makes a good DIY Investor FREE
On Uncertainty
Exercise: Budgeting
Sketching Out a Plan
Planning Tools
Using Real Returns and Following Your Plan
Monte Carlo Simulations
A Rant on the Industry and Why DIY
Show Content
Investing: What and Why
Why We Invest
Types of Investments
Exercise: Valuing a Business
Investing in Other Stuff
History of Investing and Setting Reasonable Expectations
Show Content
The Quick and Dirty Yet Completely Convincing Explanation of Index Investing
The Importance of Fees FREE
What Can Be Controlled (and What Cannot Be)
Active vs Passive Investing
The Importance of "I Don't Know" FREE
Show Content
Risk, the Gom Jabbar, and the Unfortunate Gambling Analogy
Risk is Everywhere
Risk and the Unfortunate Gambling Analogy
Risk and Human Psychology
Risk Tolerance FREE
The Gom Jabbar and a Value Investing Perspective
Risk Tolerance Questionnaire
Show Content
Asset Allocation and Your Plan
The Canonical Portfolio FREE
Asset Class Apocrypha
Pensions and Other Factors
Show Content
How You Actually Do This: Four Practical Investing Options
Four Practical Options FREE
How-To: Tangerine
TD e-series: Two Paths FREE
How-To: TD e-series with TDMF
How-To: TD e-series with TDDI
Checklist: TD e-series Purchases FREE
How-To: ETFs with Questrade
How-To: ETFs with Questrade [Text] FREE
Terminology & More Details on Exchange Trades
Choosing ETFs
Norbert's Gambit
Checklist: ETF Purchases FREE
Referral Codes
Show Content
Taxes and Tax-Shelters
Taxes and Tax-Shelters Introduction
TFSA (Tax-Free Savings Account)
RRSP (Registered Retirement Savings Plan)
TFSA vs RRSP Decision Guide FREE
TFSA vs RRSP Decision Guide Walkthrough FREE
RRSP and Pre-Tax Money FREE
RRSP and Pre-Tax Money Worksheet
RRSP Fancy Footwork
RESP (Registered Education Savings Plan)
RDSP (Registered Disability Savings Plan) FREE
RRSP and US Withholding Tax
RRSP and After-tax Rebalancing Spreadsheet
Non-registered Accounts and Taxes
Capital Gains Tracking Sheet
Non-Registered Accounts: Reporting Taxable Income
Account Allocation
Exercise: Adjusted Cost Base
Taxes and Tax Shelter Quiz
Show Content
Writing Stuff Down and Making Spreadsheets
Show Content
Behaviour and the Long Term
The DIY Pledge FREE
Show Content
Discussion & FAQs
Place to Discuss and Ask Questions
The Value of Simple
Show Content