OK, there’s good news and bad news on the Canadian mutual fund watch. The good news is that Ontario has joined the rest of the Provinces to ban DSC or deferred service charges. A DSC fund will charge you a hefty fee of up to 7% if you want to sell your fund within a […]
Ditching your Canadian mutual funds on Weekend Reads.
Why am I here? Not in an existential pondering as in why am I here on this earth. But why am I here on this blog and here, on the internet? Why? To help Canadians find a better way and a simpler and more cost effective way to build wealth. And mostly the mission has […]
Pumped up earnings and tax threats, on Weekend Reads.
It’s early in the US earnings season, and it’s likely tis the season for earnings beats and upward revisions. From my MoneySense weekly, “With less than 10% of the S&P 500 having reported, results are strong and have boosted the blended consensus for first quarter year-over-year earnings growth to nearly 31% from 25%.” That’s more […]
Growth will be scarce in the future. We will want to own what is scarce.
Value can often be determined by how much an entity is desired, and by how much of that entity is available. When the demand outpaces the supply, the price goes up, of course. It is simple economics. I touched on that scarcity cred in a recent MoneySense post. Today we’ll look at a different spin […]
The Sunday Reads. Scarcity cred, from David Bowie to Babe Ruth.
My recent MoneySense column stars David Bowie. He was much more than a music visionary. It’s almost as if David Bowie could see the future. He was a creative business man as well offering the Bowie Bonds that allowed him to buy back his music rights, as investors then profited from the success of his […]
The Dividend Aristocrats are fighting back.
The Dividend Aristocrats are S&P 500 companies that have increased their dividends each year, for at least 25 years running. That is an exclusive group. Companies that have increased their dividends for 50 years or more are dividend royalty – they are dividend kings. The Aristocrats have underperformed over the last year and more. You […]