RBC predicts a price bottom for Canadian home prices. I offer up my wishful thinking on the real estate front. We’re living off of the dividends and leaving a lot of retirement lifestyle on the table. And we’re looking for value for U.S. stocks. The inflation, rate and recession-watch continues. Real estate predictions and more […]
Living off of the dividends? You gotta sell shares to not sell yourself short.
It is the most popular rallying cry for self-directed investors in Canada and the U.S. – I plan to “live off of the dividends”. Or in retirement – “I am living off of the dividends”. The notion leaves money on the table in the accumulation stage and living off of the dividends leaves a lot […]
Not so affordable real estate and rethinking retirement on the Sunday Reads.
A popular blogger might be behind on early retirement plans. Asset managers continue to rethink retirement funding models with the modern tontine. I look at not so affordable real estate for MoneySense. Everybody’s quitting, or quietly quitting. Fritz goes for a swim, and the bulls and bears duke it out in an eclectic Sunday Reads. […]
The real estate affordability battle in Canada.
In my latest for MoneySense, I look at the affordability battle in Canada. Home prices are falling at the fastest clip in the last 20 years. But borrowing costs are also increasing. Mostly, it’s a wash. Even from the bubble peak in February of 2022 to July 2022, things have not improved for homeowner wannabes. […]
Investors gather to stare at the Fed divot on the Sunday Reads.
Last week on the Sunday Reads, the Fed pivot had turned into a divot. This week the markets continued to fall, pricing in more rate hikes and earnings headwinds and recession risk. The S&P 500 was down by 2.8% this week. The tech-heavy Nasdaq was down 3.8%. Canadian stocks were down 2.3%. Inflation continues to […]
Big Canadian banks, value stocks rule and the big Fed divot on the Sunday Reads.
It was an exciting week in the markets. Most of the big Canadian banks reported earnings, with mixed results. That said, the Canadian consumer and banks are holding up quite well considering the economic tremors that many feel. The earnings represent the state of the nation for the period ending June 30. Ongoing rate hikes […]