Personal Finance Canada

I have my own incorporated business, and until recently, I paid myself mostly with dividends, so with a very small RRSP, I don't see the point in moving to ITOT yet: even with Norbert's Gambit, the currency exchange still wouldn't be that interesting. I'll probably consider that again when my RRSP room will be larger but the added complexity isn't worth it yet.

While I understand the advantages of having an home bias to Canada, it still doesn't feel right : a lot of my life is already exposed to Canada (work, home, ...) so it seems a bit too much like putting all my eggs in the same basket. As Justin mentioned in the article, I should expect around the same level of returns over the long term, and do not mind the extra volatility in the mean time, so going the pure global market-cap weighting route seems to be more coherent from my perspective. I'm losing a bit on the tax side of things, but that's a sacrifice I make consciously.

I spent some time reading the academic material and also on the Rational Reminder forum, so I feel pretty convinced about Fama & French factors, but quite frankly, that's more like the cherry on top of the chocolate sauce on top of the icing on top of the cake. Keeping these investments keeps me interested in all of this, but if I ever get bored of it, I'll probably move back to a 100% cap weighted portfolio and get the same results.