Bull Market Continues July was another fantastic month for stocks! Earnings from technology companies held up to expectations which drove up the Nasdaq composite by 6%. The other major US indexes and even the Canadian stock market increased a bit as well, although it’s hard to understand why since other than the tech sector, most companies had stagnant profits. 😕 Nevertheless,… Read More »
Stock Markets Reach Record Highs… Again Both the Dow Jones and the S&P 500 indexes have climbed to all time highs in late July. 🙂 But corporate earnings have been stagnant and economic growth remains weak. Restaurant sales have slowed. The U.S. economy only grew a disappointing 1.2% in the second quarter, well below expectations. 😕 So what’s… Read More »
University Grads Make More Money Over Time According to a recent study from the University of Ottawa, the cost of higher education is still worth it. University degrees are linked to higher salaries almost regardless of the subject. 🙂 The study published this week looked at income data for 620,000 graduates of 14 different universities and colleges between 2005… Read More »
Online profiles vs reality Apparently people who use online dating websites are self reportedly richer, taller, thinner, and better looking than the average person. Who would’ve guessed? But how honest are people really when it comes to sharing their personal information on dating sites? Many women approaching 30 seek men to get married. But they have to be… Read More »
Proper Portfolio Diversification Once upon a time a topiary artist invested all his money in shears and hedge funds. But he lost all of it because he wasn’t properly diversified. We diversify our assets so if one investment fails miserably it won’t drag down the rest of our portfolio with it. Owning 10 stocks is better than 1. But there comes a… Read More »
Advantage of Long Term Thinking There’s an advantage in the business world for thinking long term. If a company only makes short term goals then it will be forced to compete with many other businesses in the same industry. It doesn’t take a lot of foresight or planning to run a company for 1 or 2 years, so that’s what… Read More »