May 8, 2023 Achieving financial independence is not as hard as you may think. Below are some steps you can take to start the process Stop investing in high cost mutual funds now. The last monthly investment you made may involve DSC’s for up to seven years. Minimize Mutual Funds DSC’s by redeeming fee free… Continue reading Achieve Financial Independence by Managing your Own Investments
April 26, 2023 Check out the difference in share price performance for the following stocks: Last 6 months – Absolute price change Granite Reit at +23.26% vs. H&R Reit at +5.69% JP Morgan at +11.08% vs. Citigroup at +4.48% Microsoft at +19.15% vs IBM at -4.92% Alamos Gold at +65.16% vs. Barrick Gold at +25.23%… Continue reading A stock picker’s market – Not the time to buy index funds
April 25, 2023 The stock market is declining and interest rates on GIC’s have jumped up. What to do? Do not lock yourself into a five year GIC at this time. They are not liquid. Instead purchase a 1-3 year Investment Grade Corporate Bond. These bonds are liquid and can be sold anytime before maturity.… Continue reading Do Not lock yourself into a 5 year GIC at this time
Historically in a high inflationary period like the late 1970’s, the TSX Composite sharply outperformed the US market. Over the last 6 and 12 month periods, the Canadian equity market has performed much better than the US market. The basic makeup of the TSX Composite is much more exposed to cyclical and commodity sectors than… Continue reading Canada is clearly a better place to invest than the US in a high inflationary period
This week both the Australian former Prime Minister, Kevin Rudd, and Gavin Graham, contributing editor of the Income Investor, both said that commodity prices will continue to perform well in the current environment of: Continuing trade sanctions against Russia that are expected to last for much longer than originally thought Increased Chinese Covid lockdowns resulting… Continue reading Maintain overweight of Canadian equities over US as a result of our domestic commodity exposure
Old fashioned stock picking is winning out in a big way. This requires a different skill set than simply buying an index fund.
