The beat the TSX portfolio (hypothetical ticker BTSX) has a wonderful longer term habit of beating the market. The strategy is dead simple. BTSX will simply hold the top ten yielding stocks from the TSX 60. It will change the constituents (holdings) on the first trading day of each year, and it will continue to […]
More mutual fund crap on Weekend Reads.
OK, there’s good news and bad news on the Canadian mutual fund watch. The good news is that Ontario has joined the rest of the Provinces to ban DSC or deferred service charges. A DSC fund will charge you a hefty fee of up to 7% if you want to sell your fund within a […]
Growth will be scarce in the future. We will want to own what is scarce.
Value can often be determined by how much an entity is desired, and by how much of that entity is available. When the demand outpaces the supply, the price goes up, of course. It is simple economics. I touched on that scarcity cred in a recent MoneySense post. Today we’ll look at a different spin […]
The Dividend Aristocrats are fighting back.
The Dividend Aristocrats are S&P 500 companies that have increased their dividends each year, for at least 25 years running. That is an exclusive group. Companies that have increased their dividends for 50 years or more are dividend royalty – they are dividend kings. The Aristocrats have underperformed over the last year and more. You […]
Canadian banks say ‘we got the beat’, on Weekend Reads.
The Canadian banks reported quarterly earnings this week, and as the Go-Go’s sang “we got the beat”. The banks were beating on earnings and revenues in every which way. A beat means that they surpassed the expectations of the earnings analysts who price the stocks. So perhaps it is not that the banks beat, but […]
Building the simple stock portfolio.
The shift to self-directed investing is a tidal wave. The pandemic accelerated many trends that were already well under way. In the stay at home and work from home reality of 2020, more Canadians moved their investments online. And so many more Canadians took control of those investments. The rate of new account sign ups […]