Should Canadians looking for healthier stock market returns be looking abroad?
That may be the case, with the U.S. equity markets setting new record highs on a regular basis and the TSX now the second-worst performing market in the G-20, just ahead of Russia.
Canadian stocks have only just returned to their highs set in 2014, and have yielded investors a paltry three percent per year over the last three years.
With the huge explosion of Exchange Traded Funds (ETFs), investors now have the ability to easily invest offshore.
That means retail investors can reap the dividends of the world’s hottest markets without having to figure out what foreign stocks or mutual funds to buy.
With higher interest rates, a higher Canadian dollar and huge federal tax hikes on the horizon, the economy could struggle in the foreseeable future.
That could force more Canadians to look to overseas opportunities, particularly via ETFs, to grow their wealth.
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