This week delivered the TC Energy spin-off. The popular Canadian pipeline and energy company split into two parts – natural gas and energy production and the smaller oil pipeline segment. Investors received 0.2 shares for every TC Energy share that they held. What to do with the TC Energy holdings? I’d suggest that if you […]
Boost the spend rate in retirement on the Sunday Reads.
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 […]
Big tech stocks take a breather on the Sunday Reads.
Stock market analysts call it the stock market rotation. The market makers (mostly fund managers) are rotating out of expensive high-flying tech stocks and moving to companies and sectors that offer more attractive valuations. That is, buying more current earnings compared to paying up for future earnings. Canadian stocks and value stocks in the U.S […]
Creating retirement income from your portfolio.
There is a 4% “rule” that suggests you can start at a 4.2% spend rate of your portfolio value, with annual increases adjusted for inflation. The idea is to create sustainable income that will last 30 years or more. This post looks to a Globe & Mail article (and chart) from Norm Rothery. We’re creating […]
A good first half for 2024 on the Monday Reads.
And we’re at the halfway mark for 2024 for sector and stock market performance evaluation. In Canada, it’s energy in the lead with materials coming up the inside looking to challenge. Yup, it’s still inflation fighters leading the way. Interest rate sensitive stocks continue to stumble and trip and cause their owners some considerable stress. […]