The 1990’s delivered one of the best decades for investors. It allowed many investors to quickly reach their retirement number. That is, they had enough invested in their portfolios to hopefully create income that could last for 3 or 4 decades. But along came the year 2000 and the start of one of the worst […]
Waiting for rate cuts ‘to work’ on the Sunday Reads.
On the June 2 Sunday reads Canada was bracing for rate cuts. The Bank of Canada did cut rates by 0.25% the following week. We can thank a weak economy and inflation that is under control. Hopefully inflation continues to cooperate. It is expected that the rate cuts will help the economy (over time) and […]
Checking in on our U.S. stocks on the Sunday Reads.
It’s much more fun to check in on the U.S. stock portfolio, compared to our Canadian stocks that’s for sure. That’s where the action is. That’s where the portfolio growth driver lives. I created a U.S. stock portfolio in 2014/2015 and while this was not the goal, the portfolio has bested the S&P 500 by […]
Canada braces for rate cuts on the Sunday Reads.
It is a strange event. The market makers want to see a weak-enough economy so that the Bank of Canada can cut rates. And the stock market rallies on that bad economic news. Bad news is good news. All said, it does make sense. The rate hikes have taken a toll on the consumer and […]
Canadian banks step up to the plate on the Sunday Reads.
TD Bank, the bank of the Blue Jays, was fittingly hitting lead off this Canadian bank earnings season. The Blue Jays are off to one of their worst starts in a decade. TD beat estimates for earnings and revenues. Did TD hit it out of the park? The rest of the Canadian banks step up […]
Dividend investing in Canada, the thrill is gone. Plus the Sunday Reads.
Canadians love their dividends. A few decades of outperformance will do that to ya. Big dividend investing in Canada provided superior results thanks to real growth in a few sectors, namely financials and telcos and pipelines. But the thrill is gone say many. Telco has hit a wall and the big banks might be strained […]