I find it increasingly difficult / impossible to run my portfolio. It is simply too time consuming to research individual stocks given how diversified I like to be. I am looking for options. I am a Canadian investor.
I know i should buy ETFs but I just don't like how popular they are. I feel that mutual funds are my best option. I am hoping someone can provide some good suggestions. Mawer and Beutel Goodman look interesting. Are there any other names people like?
I came the other way around. Moved from indexing (between 2001 to 2005) to active investing (from 2006 onwards). I would suggest reading The Four Pillars of Investing by William Bernstein. Of all the books it has the most intellectually honest case for indexing.
It has the answers you are looking for and it provides a detailed rationale for that approach. The main thing is you need to buy into that approach and it should make sense to you. Otherwise, something might cause you to change the strategy probably at the wrong time.
Even if you do not go with indexing, atleast you would have thought through the issues presented and take a different approach if that is what you want to do.
Vinod