I have penned often on the wonderful Questrade ads that suggest that you can retire with considerably more wealth. The key or suggestion is that you ditch your expensive advisor and their expensive mutual funds. You can retire with 30% more wealth. I also often suggest that is just a starting point. With a sensible […]
The world’s richest borrow to invest. On Weekend Reads.
This week I came across a more than surprising article. The article referenced a report from UBS in Switzerland. They handle investment accounts for many of the richest folks on earth. What was surprising is that many of them borrowed monies to invest at or near the recent market bottom. Don’t they have enough? Or […]
What’s in the Big Bear Portfolio?
Canadian economist David Rosenberg is known as a perpetual bear. That framing is a little unkind. Let’s just say Mr. Rosenberg is always cautious and is more than aware of the many risks. But certainly he will dwell or concentrate on those risks. We might think that it is the job of the economist to […]
When you should embrace the stock market correction.
What do you need to embrace the stock market correction and recession created by COVID-19? First off, you need guts. We are in a period of extreme fear. You need to be able to press that buy button amid all of the scary reports and images. And it’s likely to get worse. You also need […]
Should you de-risk your portfolio amid COVID carnage?
The coronavirus outbreak is currently out of control. There’s just no other way to put it. New cases outside of China are growing exponentially. The US now leads the world in the number of active cases. The US is setting records for new case growth rates. If things don’t change in a hurry, New York […]
Do you have a bear market investment plan?
Yes, we are in a bear market. And a recession is all but inevitable. It’s tough when we are in the moment, but this is all ‘normal’ stock market and economic behaviour. All bull markets must come to an end. Continued economic growth is not inevitable. Recessions appear with regularity. So here we are. We […]