Stocks Continue to Fall Stock markets in September continued to head lower. The Dow Jones dropped 2% during the month. The S&P500 fell 3%. And up here, the TSX Composite fell 5%. This isn’t inherently good or bad. It’s good for beginner investors who are thinking about buying their first index fund. But it can be bad for… Read More »
The R Word Stock markets fell about 5% in August and my assets have dropped in value. Canada is technically in a recession now. 🙁 Oy vey. But we investors are deep thinkers. For example, if pencils came with erasers at both ends, what would be the point? ? So we understand that recessions are necessary for economic growth to… Read More »
Oil Producers Languish as Airlines Fly High ✈️ Oil executives sometimes use crude language, especially to describe their disappointment of low oil prices. With the WTI price at around $48 a barrel it’s very difficult for North American oil producers to make a profit. ⛽ The 50% decline in crude price over the last year forced Husky Energy (HSE) to… Read More »
Greece is holding a referendum tomorrow, Sunday, on whether or not they want to accept the bailout terms from their creditors. I’m not great at economic forecasts but I feel like the majority will vote yes for better or for worse. [Edit] The result is out. Greeks voted No, lol. This is why I’m not an economist. [/Edit] In other… Read More »
Sell in May and go away. It’s typical for stock markets to fall in May and that’s exactly what happened this year in Canada. Since stocks make up a quarter of my net worth, a 2% decline to the TSX Composite translates into thousands of dollars of paper loss for my investment portfolio. If this was a normal month my… Read More »
April has turned out to be one of the best months of the year so far. 😀 -Stock markets climbed roughly 2% in Canada and the U.S. (27% annualized return) -The bond market is paying higher interest rates. Great for new fixed income investors. 🙂 -Real estate market continues to stand strong. What bubble? 😛 -Canadian dollar strengthens against other… Read More »