Warren Buffett (the world’s greatest investor) once exclaimed that ‘if your company has an economist on the payroll it has one too many employees’. And of course you can look to the headline of this post for another telling description of the use of economics in making investment decisions. We can put any ‘market guesser’ […]
Canadian banks’ mixed bag of earnings on the Sunday Reads.
It’s the Stanley Cup playoffs for Canadian investors. It was Canadian bank earnings week. The Canadian banks have been on a terrific run, playing catch up after underperforming the TSX Composite in 2022 and 2023. It was a mixed bag of returns this past week. Mostly, team Green (TD Bank) was in the red, while […]
We’re selling shares to create retirement income on the Sunday Reads.
You gotta sell shares to not sell yourself short. Oh, the irony. This week I published a very popular (and unpopular) post on Seeking Alpha. The post showed how a retiree could greatly increase their income by selling shares of the popular ETF – Schwab’s SCHD. A retiree might boost the spend rate by 30% […]
Don’t be afraid to take profits, on the Sunday Reads.
Hit that sell button. It’s not hard. It is likely a good portfolio move whether you are in the accumulation stage, nearing retirement or currently enjoying retirement. Of course, to rebalance your portfolio you have sell and you have to buy. Diversification is the only free lunch when it comes to investing. To remain sensibly […]
Canadian oil stocks slip, and a look at the Loonie on the Sunday Reads.
The world is awash in oil and gas. Lower energy costs are a big plus for the inflation fight allowing for additional rate cuts. That can provide a boost for the global economy and for stock and bond markets on the whole. But those lower oil and gas prices will suppress the the earnings and […]
The best year-to-date for U.S. stocks, in decades. Plus, the Sunday Reads.
U.S. stocks as represented by the S&P 500 have gained over 23% in 2024. That’s the best performance in 24 years. It’s the 13th best start, ever. In 1997, Bill Clinton was President, OJ Simpson was in court, Harry Potter is published, Netflix is founded, Steve Jobs is named the interim CEO of Apple. Yes, […]