I have ESP it’s a curse in many ways. I just ‘knew’ I’d be waking up to some troubling news today (this Sunday). Sure enough, Russia bombed a base near Poland. We also have missiles flying in the Middle East. India accidentally fired a missile into Pakistan (OK that was yesterday, old news). A new COVID variant is taking over in Europe. I’m sure if I had more coffee and more time, I could find some more outlier news this morning. It’s the land of confusion on the Sunday Reads.
I was truly hoping to be more cheery this Sunday morning. I will leave it to you to Google the above stories. Google is good, that way.
The BTSX story will have to wait.
I have a report ready on the Beat The TSX Portfolio, showing that the strategy is working very well in 2022. Yes it’s beating the crap out of the market. The link is updated for January. I will update February BTSX numbers and post this week, promise.
The war on inflation
Last Sunday I offered the war on inflation. That story and event is certainly growing in importance. We have food and energy shortages that compound the ongoing commodities inflation ‘problem’. This week on MoneySense my column features a shot of a Shell station. Oil price shocks and commodities price shocks have a very solid record of causing, or helping to cause recessions.
You might be shocked when you fill up the car. The global economy might say “hold my beer”.
In my weekly, you’ll also see a very thoughtful outline of world events from Charles Schwab. Canada is well-positioned to ‘take advantage’ of the commodities price spikes. I also look at the dividend factor in the U.S. Plus , there’s an update on the BMO Low Volatility ETF.
The Russcession is coming!
That was the headline for my post from Saturday, where I greatly expanded upon the oil shock theme. Yes, I ‘made that one up’. (in reference to the ‘clever’ headline).
Recession risks are on the rise, many are even calling for stagflation.
Here’s the Russcession is coming! In that post, and given the stagflation and inflation risks, I offer a quick demonstration of adding some inflation protection to a balanced ETF portfolio. You might call that a portfolio bolt-on. You simply add a few inflation-friendly ETFs to your existing portfolio, even a one ticket ETF. Crude but effective. Pun intended.
Here’s iShares XBAL vs XBAL with commodities and energy support.
Commodities can do nothing, and then everything.
More Sunday Reads
On My Own Advisor, we have the Maxed Out the TFSA Weekend Reads edition. How do you measure up?
Physician On Fire offers a wonderful list of reads with the Sunday Best.
We have the week in review thanks to Dividend Hawk. I particularly liked this link on the Qualcomm 10% dividend increase. I’m happy to hold Qualcomm (QCOM) and Texas Instruments (TXN) in the chips (semi conductor) space. In Hawk’s updates you’ll find stock and ETF updates, plus links to top posts from around the blogosphere.
And of course, there’s fresh content every day on The Findependence Hub.
Bob at Tawcan offers up his favourite REITs. I am a big fan of REITs in the couch potato portfolio. You might also factor in home ownership (and other rentals) into the asset allocation equation.
On The Retirement Manifesto, Fritz offers 5 spending tips for retirement.
We have Matthew’s portfolio update on All About The Dividends.
Have a great Sunday. Here’s hoping for a miracle in Ukraine.
From the land of confusion, Dale.
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Helping Ukraine
More than two million people have been displaced from Ukraine since February 24, 2022, and aid is urgently needed. Consider making a contribution to the Canadian Red Cross, Canada-Ukraine Foundation, Help Us Help, Save the Children Canada, Global Medic or another charitable organization of your choice. Be sure to donate to reputable charities actually making an impact, and beware of fundraising scams.
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