Home » Archives for December 2017

Tips On Your Journey To Financial Freedom

If one of your burning desires is to achieve financial freedom you: may have spent considerable time researching how you can reach this stage in life in the shortest period of time; may just be beginning your research on this subject matter. I don’t think there is any one right way of doing things. Everyone’s [...]

By |December 28th, 2017|General Investing|Comments Off on Tips On Your Journey To Financial Freedom

Should You Invest When the Market Appears to be Overvalued?

In this post I put forth my reasons why investors should tune out the noise and continue to invest despite current market conditions. This does not mean I advocate investing in anything and everything and at any price. That would just not be prudent! What I suggest is that investors do their homework, remain disciplined, [...]

By |December 24th, 2017|General Investing|Comments Off on Should You Invest When the Market Appears to be Overvalued?

Chasing Yield is Fraught with Risk

It is easy to see why some investors may be lured to invest in high dividend yield companies. Chasing yield, however, is fraught with risk. The vast majority of high yield stocks bear above average risk and should be avoided. Continue reading...

By |December 22nd, 2017|General Investing|Comments Off on Chasing Yield is Fraught with Risk

12 Lessons I Learned From Black Monday

Some of you experienced the bursting of the dot.com bubble and some may have experienced déjà vu when the Financial Crisis hit. How many of you, however, remember being an equity investor on Black Monday (October 19th, 1987) when the Dow Jones Industrial Average caught everyone by surprise and plunged 22.6% in one day!? Continue [...]

By |December 20th, 2017|General Investing|Comments Off on 12 Lessons I Learned From Black Monday

Don’t Short the Canadian Banks – Bank of Montreal

Summary BMO released its Q4 and FY2017 results on December 5, 2017 to mixed reaction from Bay Street analysts. Results were negatively impacted by a $0.112B charge related the hurricanes in the Gulf of Mexico area. BMO has a US presence which needs to be beefed up. “Bolt-on” acquisitions are more likely given that reasonably [...]

By |December 8th, 2017|Equity Investing|Comments Off on Don’t Short the Canadian Banks – Bank of Montreal

Don’t Short the Canadian Banks – TD Bank

Summary TD is akin to some of my grade school classmates who consistently generated B+/A- grades versus my grades which were a different letter of the alphabet. TD shareholders should give thanks to former TD executives who had the foresight to acquire Canada Trust in 2000 and 2 US banks (Banknorth in 2005 and Commerce [...]

By |December 7th, 2017|Equity Investing|Comments Off on Don’t Short the Canadian Banks – TD Bank

Don’t Short the Canadian Banks – Scotiabank

Summary BNS recently reported strong FY2017 results which coincided with a recommendation by PAA Research that investors short the Canadian banks. BNS generates 50+% of its revenue from Canada but its international operations are in 4 key countries where the GDP growth outlook is superior to that for Canada and the US. BNS continues to [...]

By |December 6th, 2017|Equity Investing|Comments Off on Don’t Short the Canadian Banks – Scotiabank

Don’t Short the Canadian Banks – CIBC

Summary While CM recently reported solid FY2017 results, its higher exposure to the heavily indebted Canadian consumer relative to its peers does make it more vulnerable to an economic slowdown. PAA Research in the US recently released a report suggesting that CM faces headwinds which will likely result in a 30 – 40% pullback in [...]

By |December 6th, 2017|Equity Investing|Comments Off on Don’t Short the Canadian Banks – CIBC

Don’t Short the Canadian Banks – Royal Bank of Canada

Summary RY recently reported solid FY2017 results. It does, however, face headwinds which may result in slower growth in 2018. PAA Research in the US recently released a report suggesting that RY faces headwinds which will likely result in a 30 – 40% pullback in its stock price with the potential for a 50% correction. [...]

By |December 5th, 2017|Equity Investing|Comments Off on Don’t Short the Canadian Banks – Royal Bank of Canada