U.S. stocks as represented by the S&P 500 have gained over 23% in 2024. That’s the best performance in 24 years. It’s the 13th best start, ever. In 1997, Bill Clinton was President, OJ Simpson was in court, Harry Potter is published, Netflix is founded, Steve Jobs is named the interim CEO of Apple. Yes, […]
What to do with the TC Energy spin-off, on the Sunday Reads.
This week delivered the TC Energy spin-off. The popular Canadian pipeline and energy company split into two parts – natural gas and energy production and the smaller oil pipeline segment. Investors received 0.2 shares for every TC Energy share that they held. What to do with the TC Energy holdings? I’d suggest that if you […]
Boost the spend rate in retirement on the Sunday Reads.
Cut The Crap Investing recently looked at the go-to chart on creating retirement income. The post looked at sustainable spend rates. The 4% “rule” suggests that you can start at a 4.2% spend rate, and then increase spending each year to adjust for inflation. That protects your spending power and lifestyle in retirement. That said, […]
Jumbo rate cut spurs stocks, on the Sunday Reads.
This was the Super Bowl for economists, market makers and market watchers. Wednesday was rate cut day in the U.S. and the Fed did not disappoint, kicking off the rate cut cycle with a 0.50% hike (hut, hut). Go big or go home, right? Recent lower inflation reports cleared the opening for Jerome Powell and […]
Our U.S. stock portfolio on the Sunday Reads.
Almost 10 years ago I packed in our U.S. ETFs and built a stock portfolio. It’s a public portfolio and it constitutes the bulk of our (for my wife and I) U.S. RRSP investments. Due to a spin off and merger the portfolio is now 20 stocks. The strategy was to build a portfolio that […]
The wonderful asset allocation ETFs on the Sunday Reads.
You enter one ticker symbol, you press buy and instantly you own the stock markets around the world. U.S. markets, Canadian, European, plus the stock markets of the far east and Australasia, plus those of emerging markets. You own a global portfolio with diversification that is hard to beat. The global portfolio is then managed […]