The U.S. stock market is just dang expensive. There’s just no other way to say it. The trailing PE ratio is over 30. The only other time it was this expensive was during the financial crisis of 2008-2009 and the dot com crash of the early 2000s. The cyclically-adjusted CAPE ratio sits near 38. Once […]
Bonds get no respect. On the Sunday Reads.
Bonds are the Rodney Dangerfield of the investment world. They get no respect. Dangerfield was an American comedian, known for his self-deprecating one-liner humour, with his catchphrase “I get no respect!” Bonds don’t get a lot of respect or love these days. Bonds are supposed to keep an eye on the stock markets and provide support […]
Our U.S. stock portfolio, 10 years after on the Sunday Reads.
It was 10 years ago that I cut ties to our U.S. equity ETFs and purchased 15 of the largest cap stocks in the Dividend Achievers Index. Those 15 stocks were teamed up with three existing holdings – Apple, Berkshire Hathaway and BlackRock. The Achievers Index is available by way of Vanguard’s ETF – ticker […]
The world changes on Monday. The Sunday Reads.
If you’re not living under a rock, or in a cabin in the mountains with no electricity, you’re likely aware that Donald Trump returns to the White House on Monday January 20th. The world will likely change drastically on the economic and geopolitical fronts. The thing is, we don’t know how things will change. No […]
Investing in Canadian stocks as Canada comes under attack.
U.S. President elect, Donald Trump, has strongly suggested that he’d like to acquire Canada as the 51st State. It is ridiculous, but he is dead serious. And to get the ‘deal’ done he will wage economic war against Canada. He’s ruled out a military invasion, for now (see below). Also, Canada is in a per-capita […]
The asset allocation ETFs. The best funds available in Canada? Plus, the Sunday Reads.
When the Canadian asset allocation ETFs were introduced several years ago, the investment community hailed them as “game changers”. That is, the final nail in the coffin for high-fee / low-performance Canadian mutual funds. The asset allocation ETFs are well-diversifed, managed global portfolios available at 5 risk levels. The fees represent about a 90% off […]