This post originally appeared in my newsletter.
Too soon to tell how these will work out:
- Bancolombia (CIB)
- Grupo Aval (AVAL)
Politics will drive returns here. Interesting note: Scotiabank has operations in Colombia and they don’t seem to be able to compete with the top players in the market.
These Purpose Investments cash ETFs are all yielding over 2% these days.
Forced selling is coming to the Toronto condo market.
Tax brackets are changing in 2023.
Illiquid investments in a liquid wrapper don’t seem to work very well.