It’s a trade off. I hold a concentrated portfolio of Canadian stocks. What I give up in greater diversification, I gain in the business strength and potential for the companies that I own to not fail. They have wide moats or exist in an oligopoly situation. For the majority of the Canadian component of my […]
We’re buying U.S. stocks on the Sunday Reads.
The over-valuation of the U.S. stock market is one of the major investment themes (and truths) of the day. If history repeats, the U.S. stock market funds, and many U.S. stock portfolios will find it difficult to eke out any real return (that factors in inflation) over the next several years or decade. Another theme […]
The Sunday Reads.
It was another solid week for the balanced portfolio. Canadian markets were flat, International markets were down modestly, and those U.S. stocks continued to shine. And those growth stocks led the way for the U.S. market. Stock and bond markets mostly continue to buy that inflation is transitory argument. It’s another plentiful week with great […]
A look at the Canadian stock market on Canada Day.
For the first half of 2021 the Canadian stock market outpaced markets in the developed world. Canadian stocks are up over 17%. Our stock market is well positioned for any inflationary environment or what they call the reflation trade. The TSX is one of the most economically sensitive global indices in the world. Inflation-sensitive (or […]
We’re at the earnings peak, on Sunday Reads.
The stock markets mostly don’t care about what have you done for me lately. It’s more about what are you going to do for me next year? The pandemic gave a wonderful example of how the stock markets are forward thinking. Now certainly in the pandemic, we noticed that the stock markets are ridiculous at […]
Building the $8 million dollar portfolio on the Sunday Reads.
On the Tawcan blog, Bob has interviewed a Canadian reader who built a massive portfolio. The reader invests in Canadian dividend stocks (surprise surprise) and has built an annual $360,000 income stream before taxes. And while the investor has likely done a few things that are ‘wrong’, or let’s say not optimal, there is no […]