I don’t drink coffee so it has never occurred to me before how big this industry is. Apparently after crude oil, coffee is the most sought commodity in the world. People drink over 500 billion cups of it each year. That’s a lot considering there’s only 7 billion people on this planet. Starbucks is a growing company that is… Read More »
The latest employment numbers just came out for May and it’s very neutral. Our unemployment rate remains unchanged from last month at 7.3%. Taking a closer look at the numbers however we see that unemployment in BC actually jumped up from 6.2% to 7.4%. Unfortunately if you are looking for work in Vancouver, it is statistically harder for… Read More »
The market is very over sold right now. Time for another swing trade :0) I know my other one is still ongoing and I’m losing some paper money on it but this time I’m certain I can make an easy $1,000 or more with a >80% certainty. This is the buying opportunity of the year. I don’t want… Read More »
I recently updated my Dividend Subsidizing Hedge Fund thanks to a reminder from a reader. I’m receiving more subsidies now in all categories. The biggest WIN is that my monthly electricity bill is now 100% subsidized by the utility industry and its partners. This means I don’t have to pay another dime of my hard earned money to pay… Read More »
How margin loans work If you already have a regular cash account for trading stocks, you may want to consider getting a margin account as well. You can also convert your existing cash account into a margin account. There is no additional risk in doing this. You only take on more risk IF you buy more than what… Read More »
Pretty bad month compared to this time last year. My income for the month was pretty good but the TSX dropped 2.6% so my portfolio didn’t fair too well. Also had my car maintained and washed, which is part of my discretionary spending. My swing trade on volatility is also under water right now, which drags my net… Read More »