As the chart at the top shows, the S&P 500 has outperformed the TSX Index over the last decade. “Study the past, if you would define the future”, said Confucius.
That is why the third habit of Monday Morning members is to invest in an ETF that tracks the S&P 500. Such an ETF is the most cost-effective method to invest in the S&P 500.
About one-half of our members are Canadians. Many are unhappy having first to pay $C1.24 for each American dollar to allow them to invest in the S&P 500.
Below, you can see five ETF’s that track the S&P 500 and trade on the Toronto Stock Exchange (TSX) in Canadian dollars. The first four pay a dividend of about 1.5%. The last one does not pay a dividend.You need to login to view the rest of the content. Please Login. Not a Member? You can now sign up for a one-month free trial membership. Join Us