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, […]
Canadian banks, pipelines, gold and more on the Sunday Reads.
We’re in one of those weird (but good) stages when just about everything is working. Across the board stocks are delivering. Bonds are back, meaning the balanced portfolio is back, and at all-time highs. Gold is also setting new highs. In fact it’s all kind of ‘goldilocksy’ these days. Inflation is behaving as we prepare […]
Canadian stocks hit an all-time high on the Sunday Reads.
Lower U.S. inflation and Jerome Powell comments gave The Bank of Canada permission to go on a rate cutting frenzy (say experts). The news and numbers in the U.S. was more of a spark north of the border. Canadian stocks were up 2.76% for the week, vs 0.87% for U.S. stocks. International developed nation stocks […]
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 […]
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 […]
Pipeline stocks and utilities are moving again on the Sunday Reads.
This defensive sector has seen better days, but thanks to increased demand, the prospect of rate cuts and the surprising benefit of AI (Artificial Intelligence), the utilities sector is on fire. In the U.S., utilities is the top performing sector in 2024. And we’ll include the Canadian pipelines as quasi utilities as they often include […]