RE:RE:RE:yield vs total return Mas, Canadian Banks & Insurance cos are great - Hold both in my CAD RRSP ... this portfolio I don't quite touch unless there are signs that the sky is falling.
US Big Banks outperformed both CAD Banks + Insurance Cos though.
Take a look yourself :)
masfortuna wrote: Just as an fyi, Canadian banks have underperformed the market the last 5 years. Depending on the bank, growth will take different shapes and forms (i.e BNS-Emerging Markets, TD-US Footprint...). They really don't have too much to worry about as they will surge if interest rates rise (which I think they will) increasing profits and margins. I started buying Insurance companies (Manu and Great West). If my hunch is correct that the rates are going to rise (if you buy into the infaltion arguement) then these will benefit even more than banks. And the yields are higher than the banks at the moment.
Take a look for yourself :)
Mas