The Bank of Canada raised rates 50bps (0.50%) this week, compared to the expected 75 bps increase. That helped the narrative that was developing last week when investors had a week off to recover. Stocks had another good week, up 3% or more. U.S. stocks are up about 9% over the last month. There is […]
Paying an advisor to count your dividends, on the Sunday Reads.
This week, on Investor Clinic in the Globe & Mail a reader asked – Why am I paying an advisor to manage my dividend portfolio? John Heinzl offered a very thoughtful reply and brief analysis. Here’s the situation, a widow has inherited a portfolio – after I received a $3-million inheritance seven years ago, he […]
Financial stuff is starting to break – on the Sunday Reads.
True to form, September was not kind to stock markets. The S&P 500 slumped 9.34% for September, final figures show, with the index posting a six-session and three-week losing streak in the month. It was the worst month since the beginning of the COVID correction in March of 2020. And thanks to rate hikes that are increasing […]
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. […]
Building the retirement stock portfolio on the Sunday Reads.
It was a long time in the making, but I recently finished and posted the stock portfolio for retirees, on Seeking Alpha. It uses an all-weather portfolio approach but only puts stocks to work. Stocks are arranged by sector to perform in certain economic environments. Stocks and REITs will have to step up to do […]