Media

The unintended consequences of green energy: or, why Oakville is in Napanee

As of around mid-August 2018, a former chief of staff of a former Ontario premier had spent four months in jail for his part in a fiasco known as the Gas Plant Scandal. This fiasco involved the politically motivated cancellation, apropos of the 2011 provincial general election, of two gas-fired pow ...

One simple question to ask when seeking financial advice

(Excerpted from Stop paying hidden investment fees! by Dean Kendall.) Chapter 1: Who is Giving you Advice and What are their motives? What would you call a person whose job it is to sell products on which they make a commission? If you said “Sales Person” you would be correct. It might say ...

Playing defence during a stock market crisis

Originally published in December, 2008. Prescient advice for investors who lost a bundle over the previous two months—and some good reminders for how to react during the next crisis. While the market wouldn’t bottom until March 9, 2009, Canadians would have done well if they listened to the ad ...

Procter & Gamble Attempts to Turn

The Consumer Staples SPDR (XLP) has been leading the market since early May and Procter & Gamble is the largest stock in the sector (12.58%).  On the price chart, PG is in the midst of a long-term trend change and the short-term trend is also turning up. First and foremost, the long-term trend ...

Tech Talk for Monday September 17th 2018

Pre-opening Comments for Monday September 17th U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade. Traders are responding to news that the Trump administration in readying additional tariffs on Chinese goods valued at $200 billion. Index futur ...

The Single Best Thing a Stock Can Do

There are lots of indicators out there, but one metric stands head and shoulders above the rest. No, it is not a head-and-shoulders pattern. There are hundreds, if not zillions, of ways to measure the trend and identify trend reversals. Over the years, I have found trend reversals to be more the ex ...

September 14, 2018

To my astonishment, the media have not picked up on the Hydro One downgrade I mentioned yesterday. Have we entered the Trump-zone, in which repercussions from old idiocies are overwhelmed by contemplation of new idiocies? HIMIPref™ Preferred IndicesThese values reflect the December 2008 revisi ...

How I turned my coin collection into an investment for my kids’ future

Vanessa Szabo, 37, Vancouver, B.C. I’ve always been interested in investing—though not necessarily through the common method of stocks and bonds. Living in Vancouver with my two kids—Colton, 10 and Ava, 9—I’ve always tended to do things away from the mainstream, including homeschooling my ...

Henry Schein Starts to Shine

Outside of company specifics, the broad market environment and the sector are the biggest influences of a stock's price. The S&P 500 hit a new high recently so we are in a bull market. The Health Care SPDR (XLV) also hit a new high recently and it is one of the leading sectors. This combination bod ...

How much to save and invest to cover inflation for 40 years

Q: I’m pretty lucky to have a defined benefit pension from my employer. I will receive $60,000 annually from it in five years. Unfortunately, it will not be indexed. How can I calculate the amount of saving that I need before retirement to cover the inflation for 40 years? I want to keep the s ...