There was a time when becoming a millionaire was a big deal. That meant that you were “rich”. These days, becoming a millionaire might be commonplace for an investor with modest or reasonable free cash flow to invest. Most of us should become “rich”. But of course, a million dollars ain’t what it used to […]
Hanging up on half of my Bell stock on the Sunday Reads.
Goodbye Bell. You can’t hurt me anymore. In my first major sell in about a decade I greatly trimmed by position in Bell (BCE). I am a buy and hold investor. I am more passive than a passive index. But when an investment thesis changes, I’ll make a change. The rules changed for Bell and […]
The best first quarter since 2019. Plus, the Sunday Reads.
It was a wonderful quarter for U.S. stocks. In fact, the S&P 500 index rose 10.2% during the first three months of the year, its best first-quarter performance since 2019. The Dow Jones Industrial Average and the Nasdaq Composite gained 5.6% and 9.1%, respectively. Canadian and International stocks also pitched in with a strong quarter. […]
Canadian stocks are better than you think on the Sunday Reads
For all of the headwinds and bad press for the Canadian economy, you’d think that the stock market was in a tailspin. But surprisingly, that’s not the case. The TSX Composite and TSX 60 are threatening to make new highs, eh. That’s as U.S. stocks make new high after new high. Given that, balanced portfolios […]
Will AI power your portfolio? Plus, the Sunday Reads.
NVIDIA and AI rules the week, just as there are expectations that artificial intellgence (AI) will rule the world for the next decade or three. NVDIA (NVDA) reported absolutely spectacular results this week. Revenue was up 409% compared to the same quarter of 2023 while earnings increased 765% year over year. Those results and general […]
U.S. stocks for the long run, on the Sunday Reads.
In the Sunday Reads we’ll take a look at a U.S. portfolio idea I put together for Seeking Alpha in mid 2023. The task was to avoid overvalued stocks including the Magnificent 7 that did most of the heavy lifting in 2023. Surprisingly, that portfolio has beat the market. I also take a look our […]