3 Year History Usually when investors talk about expected market returns we like to look at historical averages. Over the past 115 years stock markets in the developed world delivered an annualized return of roughly 8.5%. This means we can probably assume that a normal range would be somewhere between 6% and 11%. I use TD as my… 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 »
The wisdom of what not to do The famous investor Charlie Munger once said, “A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.” I think this quote, much like an elevator operator, speaks to me on many different levels. 😀 Often deciding what not to… Read More »
Experts worry that the recent interest rate cut in Canada will lure people to rack up even more debt. Bankruptcy trustee Doug Hoyes warns, “the more debt you have, the greater your chances of going bankrupt. It’s simple math.” He predicts bankruptcy numbers will “skyrocket when interest rates rise and people are saddled with ballooning debt payments.” Yikes. That doesn’t sound good. 😐 Anyway, last… Read More »
Minions are cute yellow critters created by the brilliant minds who work at Universal Studios, and they are taking the world by storm. The Minions movie opened last month in Indonesia and then subsequently released in Australia, UK, and other countries. This past weekend was the North American début. Across Canada and the U.S., Minions opened in 4,302… Read More »
Last week I blogged about how renewable energy is the cat’s jammies right now. It’s growing rapidly all over the world and may be one of the best investing opportunities of our life time. 🙂 Today we’ll take a closer look at how to invest in them. Why Invest in Renewable Energy In 2005 cell phone manufacturers didn’t have a clue… Read More »