Lessons Learned

On a day when the TSX climbed to record highs, the darling of the Canada’s stock market, Shopify, took a beating; going down more than 8% despite reporting increased revenues. So who saw that coming? That goes to show that trying to pick winners in the stock market is anyone’s guess. Trying to time the…

Keep Fixed Income Assets In Your Portfolio

The S&P 500 is up 15.3% year-to-date. The TSX is up 4.3%. Even a basket of non North American stocks is up 15.9%. Those are some gaudy numbers for the stock market. Anyone that is holding an equal weighting of these stock indices would easily be up over 10% for the year up to this…

Sunny Days

It’s not often that you can go on vacation and come back to see you actually made money having fun, but heck that’s what just happened. Over the last month while I was out of town, the TSX has been up over 2.5%. The S&P 500 has gone up over 2%. What gives? I’m starting…

Why Use Index Funds vs Individual Stocks

“Did you buy Apple?” “I made a killing on my weed stocks.” “Facebook went up 3 times the price that I bought at.” Those are all common phrases that I come across all the time. It’s not uncommon for regular investors to hit it big on stocks where they put a few thousand dollars in…

Yes…Renting Can Provide Stability

Many people I talk to have a profound fear of renting a place to live because it doesn’t provide a sense of security. “You’re paying someone else’s mortgage” or “I don’t want to move every year” are the common phrases that many people come up with when asked about renting and its benefits. I’ve met…

Why I Should Buy: Debunked

Just recently I received an article to read written in the Globe and Mail about why I should buy a house rather than rent. Of course I knew this was a ruse because I’ve written many times how, in cities like Toronto or Vancouver, renting is much more affordable and financially responsible than buying. If…

The Power Of Balancing – Why It Works

Stocks are at an all time high. Yet pessimism is also at an all time high. “Shouldn’t I wait for the market to crash before buying?” That’s a very popular question that I get asked all the time. So what if the market doesn’t crash for another 3 years and the market goes up another…