I recently sold a bunch of stocks and parked the money in my savings account. I did this because the recent market rally this month made me a little nervous about the next short term market cycle, and also because I’m saving for a down-payment. I’ve had a savings account for almost 10 years now and it’s where I… Read More »
Hi, long time no post. Just came back from my week long vacation. My folks and I drove across BC, Alberta, and Saskatchewan. The first thing I noticed was how flat the prairies are compared to BC. You can see the road for miles with nothing blocking your view. I’ve uploaded some pics below. Some are a bit… Read More »
When we talk about investing we generally think about the stocks or fixed income market. But as we all know the Toronto stock exchange hasn’t done very well in the last 5 years and bond yields are still relatively low. More investors are starting to look into alternative ways to put their cash to good use. One way… Read More »
There doesn’t seem to be anything stopping the giant Apple Inc from its ever expanding size. Each Apple share now is worth more than $650. Investors believe that Apple, as a corporation, is worth altogether over $615,000,000,000. That’s quite a lot of moola. In fact Apple recently broke the historical world record for the largest market capitalization ever,… Read More »
Read an article in the Globe that paints a pretty clear picture of who the richest 1% are. In order to join this elite club an individual has to make more than $230,000 a year. Sounds like a lot, but it’s still lower than what’s needed in the United States which is $380,000. Before we criticize these greedy pigs let’s take… Read More »
Some quick news from around the world The Canadian Dollar reached a 3 month high relative to the USD as oil and metal prices became stronger. Time for some cross border shopping? Our country’s trade deficit unexpectedly soared to $1.8 billion in June. This means we are importing more stuff than selling to other countries. China’s export growth… Read More »