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. […]
We’re retiring during the dot-com crash, on the Sunday Reads.
The 1990’s delivered one of the best decades for investors. It allowed many investors to quickly reach their retirement number. That is, they had enough invested in their portfolios to hopefully create income that could last for 3 or 4 decades. But along came the year 2000 and the start of one of the worst […]
Canada braces for rate cuts on the Sunday Reads.
It is a strange event. The market makers want to see a weak-enough economy so that the Bank of Canada can cut rates. And the stock market rallies on that bad economic news. Bad news is good news. All said, it does make sense. The rate hikes have taken a toll on the consumer and […]
Canadian banks step up to the plate on the Sunday Reads.
TD Bank, the bank of the Blue Jays, was fittingly hitting lead off this Canadian bank earnings season. The Blue Jays are off to one of their worst starts in a decade. TD beat estimates for earnings and revenues. Did TD hit it out of the park? The rest of the Canadian banks step up […]