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 […]
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 […]
Using your TFSA to pay off the mortgage, on the Sunday Reads.
Many Canadian homeowners are about to face the big fixed rate reset. Of the $2 trillion in outstanding mortgage debt, only 5% came up for renewal in 2023. The bulk of the rate reset will arrive in 2025, 2026 and 2027. The popular 5-year fixed rate mortgages will come up for renewal. Many households will […]
Paying total fees that eclipse your portfolio value on the Sunday Reads.
While many were watching the solar eclipse this past week, I had my eyes on Canadian mutual fund fees that can eclipse the peak value of your portfolio. That is celestially incredilbe. Or incredibly troubling that is. Those high fees can block out your portfolio returns. But most Canadians are in the dark with respect […]
Our Canadian and U.S stock portfolios. Plus the Sunday Reads.
I am back on Seeking Alpha with a look at our U.S. (for my wife and me) stock portfolios. Like most we underperformed the market in 2023. As we know the cap-weighted U.S. market was dominated by the Magnificent 7. Though we had a very solid year. Our longer term beat over the market is […]
The 2023 investment year in review on the Sunday Reads.
Let’s just call 2023 the year most everyone got most everything wrong. Inflation is now under control and the higher rate environment did not cause a recession. We can thank banked pandemic savings, plus strong employment and wage gains for the resilient economy. Economists called for a recession in 2023. Market experts predicted negative to […]