Yes, I think think this is the first time I’ve called on The Cars for a lyric. But certainly, let the good times roll. Most everything is working these days, and that’s more than good. That’s why we invest, to make money. We should always be aware of the risks but I think it’s healthy […]
Will AI power your portfolio? Plus, the Sunday Reads.
NVIDIA and AI rules the week, just as there are expectations that artificial intellgence (AI) will rule the world for the next decade or three. NVDIA (NVDA) reported absolutely spectacular results this week. Revenue was up 409% compared to the same quarter of 2023 while earnings increased 765% year over year. Those results and general […]
U.S. stocks for the long run, on the Sunday Reads.
In the Sunday Reads we’ll take a look at a U.S. portfolio idea I put together for Seeking Alpha in mid 2023. The task was to avoid overvalued stocks including the Magnificent 7 that did most of the heavy lifting in 2023. Surprisingly, that portfolio has beat the market. I also take a look our […]
Our U.S. stock portfolio performance for 2023.
2023 was the year that fooled most everyone. While analysts predicted flat or negative returns for 2023, the U.S. market had a mind of its own delivering 26% for the cap weighted S&P 500 (IVV). The growth oriented Nasdaq 100 (QQQ) posted 55%. And of course, it was technology stocks and the Magnificent 7 that […]
The S&P 500 cracks 5000 on the Sunday Reads.
The S&P 500, also known as the U.S. stock market broke and held 5000 this week. That’s a new all-time high for the most watched (and most invested) stock market index. The most popular version of the index is cap-weighted, meaning the largest stocks by valuation get the greatest weight in the index. The active […]
RRSP season and retirement in focus, on the Sunday Reads.
RRSP season is typically a period when Canadians make significant contributions to their portfolios. This year you have until February 29th to make an RRSP contribution that you can apply to reduce your taxable income for the 2023 tax year. I’ve updated the RRSP season post on Cut The Crap Investing. You’ll find a link […]