Someone I work with told me yesterday about a company that designs and manufactures video surveillance equipment and software called Avigilon (TSX:AVO) He said he knows a person who knows another person who has worked directly with AVO and thinks the stock is very undervalued right now. The company is expected to announce their quarterly financial results very soon.… Read More »
I recently read an article about people who camped out for 3 days to be among the first to own the next “hot” thing on the market. What did those people wait in line for? A new smartphone? Nope. A sale on a 60 inch LED TV? Nope. How about a new condo. Yes! Within the first 5 hours of… Read More »
To become successful investors we have to think like marathon runners, because we have to stay committed to the long run 😀 So when it comes to the stock market the short term fluctuations are not important. Our perception of risk and performance should be placed on looking further down the road. Below are two made up scenarios for… Read More »
I’m pretty confident that there will always be a healthy number of frugal people in this world. So last Friday, as some of you may already know, I purchased 15 shares of Dollarama Inc (DOL). Each share was purchased at $87.61 for a total investment amount of $1,324. This is a dollar store chain with over 800 retail locations… Read More »
In a normal month my net worth would grow by about $2,000 or $3,000 depending on how much I save and how my investments perform. But January is often a special month where my net worth often grows by many times than usual, which I like to call the New Year’s Bump. This has happened every January for the past… Read More »
Awhile ago I started a swing trade with Potash Corporation of Saskatchewan. I used $600 to purchase about $2,000 worth of POT shares using leverage. Unfortunately some time after my purchase, Russia’s Uralkali got out of the potash cartel which sent the price of potash lower, which of course meant all potash producers around the world had their profits… Read More »