Each week, our team publishes a blog and webcast.
The “nifty fifty” was an informal group of stocks that traded at high valuations (over 50 times earnings in many cases, far above the historical market average of about 16 times) in the 1960s and early 1970s. The “nifty fifty” was responsible for strong market gains on the way up, only to provide disappointing underperformance […]
Yesterday, the Bank of Canada surprisingly hiked the overnight rate by 25 basis points (one basis point is one-hundredth of a percentage point) to 4.75%. Any time that happens, you can rest assured the Canadian banks will increase their prime rate for customers the same day. We expect renters living in condos (not subject to […]
About 23% of Canadians who do not currently own an investment property say they plan to buy one in the next 5 years. That’s according to a new Royal LePage survey published this week. During a television interview on BNN Bloomberg, the Royal LePage CEO said “I did it when I was younger”, which was […]
DISCLAIMER: The opinions expressed in this publication are for general informational purposes only and are not intended to represent specific advice. The views reflected in this publication are subject to change at any time without notice. Every effort has been made to ensure that the material in this publication is accurate at the time of […]
Several decades ago, a cybernetic assassin was teleported from 2029 to 1984. Its mission was to kill off a human. While The Terminator was classified as “science fiction” back then, perhaps it should be considered a “horror” film today. Investors always flock to something. Artificial intelligence (“AI”) is the latest theme to attract attention. Companies […]
Quarterly “earnings season” never fails to consume the full attention of investors. Because companies are required by law to publish financial results every three months, a Balance Sheet (showing assets and debt), Income Statement (showing revenues and expenses), and Statement of Cash Flow (sort of like an Income Statement that strips out a lot of […]
If you own a mutual fund and don’t know its management expense ratio, what is the matter with you? Well, we can’t blame you. I once owned funds before starting my career in finance and had no idea the cost either. At the time, I didn’t even think about it. The transaction history had no […]
What is it about Canada that the rest of the world always seems to misunderstand? We don’t all play hockey; our land isn’t covered in a blanket of ice and snow; our health care is not free; and we do not all communicate saying “oot”, “aboot”, and “eh”. In April, Canada’s TD Bank became the […]
There’s a seasonal trade to “sell in May and go away” that some people follow. It requires an investor to sell their stocks in early May and then repurchase them back at the end of October. It’s not a strategy we employ for our clients. The data suggests that the market historically appreciates between early […]
