The Bank of Canada made another big 50 bps (0.50%) rate cut this past Wednesday. Our economy is weak (to be kind), and massive numbers of mortgage holders will face a rate reset in 2025 and 2026. We can’t afford any additional weakness that rate cuts are designed to create. Inflation is well under control […]
Canadian banks’ mixed bag of earnings on the Sunday Reads.
It’s the Stanley Cup playoffs for Canadian investors. It was Canadian bank earnings week. The Canadian banks have been on a terrific run, playing catch up after underperforming the TSX Composite in 2022 and 2023. It was a mixed bag of returns this past week. Mostly, team Green (TD Bank) was in the red, while […]
We’re selling shares to create retirement income on the Sunday Reads.
You gotta sell shares to not sell yourself short. Oh, the irony. This week I published a very popular (and unpopular) post on Seeking Alpha. The post showed how a retiree could greatly increase their income by selling shares of the popular ETF – Schwab’s SCHD. A retiree might boost the spend rate by 30% […]
Don’t be afraid to take profits, on the Sunday Reads.
Hit that sell button. It’s not hard. It is likely a good portfolio move whether you are in the accumulation stage, nearing retirement or currently enjoying retirement. Of course, to rebalance your portfolio you have sell and you have to buy. Diversification is the only free lunch when it comes to investing. To remain sensibly […]
The core ETF portfolio performance on the Sunday Reads.
It’s that time once again to check in on the ETF portfolios on Cut The Crap Investing. These simple but more than effective portfolios allow investors to buy the stock markets of the developed world with just a few clicks, while the stock market risk is managed by the Canadian bond market. It’s a very […]
The U.S. stock market has its best week of the year on the Sunday Reads.
You may have noticed that there was an election in the U.S. this past week. Donald Trump will be returning to the White House. As comedian Bill Maher joked, Americans never turn down seconds. The good news is, it was a convincing victory. There will be a peaceful transfer of power. Others will say, the […]