My latest article for Seeking Alpha shows that Warren Buffett and the team at Berkshire Hathaway is back to beating the market in a significant way. I have long suggested that retirees consider Berkshire as a holding. It is the largest position in my wife’s accounts. And maybe the stock belongs in most every account […]
How much do you need to retire? And waiting on the stock markets on the Sunday Reads.
If you’re wondering why your portfolio has stalled it’s not you , it’s the markets. Stock markets and even a sensible balanced portfolio has not gone anywhere in the last two years. And no worries on that front, that’s normal stock market and portfolio behaviour. We can stall or decline for extended periods. Those stalls […]
The waiting is the hardest part, and the most profitable times for investors.
Investors are starting to notice that their portfolios have been treading water for a couple of years. Over the last two years, a global balanced growth portfolio would essentially be flat. Of course, move out to 3 year, 5 year and 10 year time horizons and we have very solid to generous returns. At times […]
Rates are on hold as China sinks on the Sunday Reads.
Last week I reported on the negative quarter of GDP growth for Canada. I also suggested that the Bank of Canada would hold rates. That was an easy call you might say, and as expected the overnight rate was held at 5%. That’s a slight sigh of relief perhaps for mortgage holders. But the bond […]
The recession watch and more bank earnings on the Sunday Reads.
The past week offered more Canadian bank earnings. As expected we saw more softness, but the banks are hanging in there. I’ve updated last week’s Sunday Reads to include the recent earnings reports. And the big news of the week might have been the unexpected second quarter of negative growth for the Canadian economy. Is […]
RBC shows the way as Canadian banks report earnings on the Sunday Reads.
It’s what most Canadian investors were waiting for – Canadian banks earnings reports. The two biggest banks, RBC and TD were first out of the gate. The general consensus among bank analysts was that the banks would show softening earnings. While TD stuck to the script, RBC (once again) had other plans. RBC is not […]