From the blog

Each week, our team publishes a blog and webcast.

Jesse's: Our Mailbag Answers to Client Letters about RESPs, the U.S. Market, Compound Interest, Taxes, Debt, and AI

Jesse's: Is it Time to Cash in Your Chips on Nvidia?

Is it Time to Cash in Your Chips on Nvidia?

Is it Time to Cash in Your Chips on Nvidia?

For much of this year, artificial intelligence has been the dominant theme driving markets higher. By boosting productivity, AI promises to help companies trim costs, widen margins, and scale output. Lately, though, the AI revolution is getting a second look. The massive data centres required to power AI are hitting a wall of local opposition. […]

Jesse's: The Wealthy Barber Still Makes the Cut

The Wealthy Barber Still Makes the Cut

The Wealthy Barber Still Makes the Cut

If you haven’t heard of the F.I.R.E. movement (Financial Independence, Retire Early), its advocates focus on aggressive early saving to achieve financial freedom long before traditional retirement. But prior to F.I.R.E. going viral, David Chilton laid out the same blueprint in The Wealthy Barber. Published in 1989, Chilton’s classic has sold over 2 million copies […]

Jesse's: Don’t Fall for the September Effect

Don’t Fall for the September Effect

Don’t Fall for the September Effect

By: Jeff Pollock It’s difficult to dispute the seasonal weakness that September historically accompanies. Many call it the “September Effect”. Going back almost a century, it’s the only month of the year when the S&P 500 statistically posts a loss more often than a gain. Since 1930, September has delivered a median return of -0.4%. […]

Jesse's: Scott Bessent’s Announcement Could Twist His Credibility

Scott Bessent’s Announcement Could Twist His Credibility

Scott Bessent’s Announcement Could Twist His Credibility

Strategist Ed Yardeni coined the phrase “bond vigilantes” in 1983. It describes the bond market investors who sell government bonds to drive yields higher as a protest against inflationary government policy. Recently, we’ve watched these vigilantes emerge not only in the U.S. but in several places around the globe (Japan, France, and Germany). The 30-year […]

Jesse's: Dream Industrial REIT is Delivering the Goods

Dream Industrial REIT is Delivering the Goods

Dream Industrial REIT is Delivering the Goods

Dream Industrial REIT owns and operates a portfolio of several hundred industrial properties totaling over 75 million square feet across urban markets in Canada (62%), Europe (25%), and the U.S. (13%). Last quarter, the REIT raised its monthly distribution for the first time in 13 years. Investors currently enjoy a 5% annual yield, returning $500 […]

Jesse's: There’s No Margin of Safety When You Buy Using Leverage

There’s No Margin of Safety When You Buy Using Leverage

There’s No Margin of Safety When You Buy Using Leverage

Buying stock on margin occurs when you borrow money to purchase securities. It’s called leverage because it magnifies your results in both directions.  Warren Buffett has said “if you’re smart, you don’t need it; if you’re dumb, you shouldn’t use it.” For example, imagine you have $100,000 of your own money to invest but you […]

Jesse's: Sorry to Burst Your Bubble, but This Isn’t 1999

Sorry to Burst Your Bubble, but This Isn’t 1999

Sorry to Burst Your Bubble, but This Isn’t 1999

Asset bubbles occur when speculation and emotion drive prices far beyond their fundamental value. With the S&P 500 delivering double-digit gains in 2023, 2024, and 2025, it’s easy to see why some assume we’re in one today.  While every bubble has its own backstory, they all follow a familiar pattern. Here are some of the […]

Jesse's: UnitedHealth Group Has Made a Speedy Recovery

UnitedHealth Group Has Made a Speedy Recovery

UnitedHealth Group Has Made a Speedy Recovery

Health insurer UnitedHealth Group (“UNH”) has been one of the best performing stocks so far this year. However, it hasn’t been a straight line up. Following the release of a disastrous quarterly earnings report in April 2025, the market overreacted by crashing the stock price almost 30% in a matter of weeks, marking it a […]

Jesse's: Why Gas Prices Rocket Up but Feather Down

Why Gas Prices Rocket Up but Feather Down

Why Gas Prices Rocket Up but Feather Down

Drivers in the Greater Toronto Area got a rude awakening at the pumps yesterday. Thanks to escalating geopolitical tensions in Iran, gas prices spiked by 8 cents per litre overnight, pushing the average price for regular fuel up to roughly $1.73 per litre, leaving many motorists feeling gouged at the pumps. Since the conflict in […]