Summary Fastenal reported Q4 and FY2017 results on January 17, 2017 reflecting double-digit sales and pre-tax earnings growth for the year. This is a very shareholder friendly company. FAST is aggressively growing its Onsite business in an effort to reduce rent related expenses. I intend to acquire FAST shares but am being cautious given current [...]
This article is a cautionary tale of what can happen when you turn over full discretion to a ‘Financial Advisor’ and you pay minimal attention to what is going on. Continue reading...
This post is a follow up to my recent Tips On Your Journey To Financial Freedom article. Unless you come into sudden wealth (eg. inheritance, lottery winnings), the journey will likely be lengthy and the manner in which you acquire your wealth may be varied. Not only will the manner in which you acquire your [...]
As at December 31, 2017, the market value of all holdings within the FFJ Portfolio exceeded the book value by ~CDN$66,000 and ~USD$136,000. I, however, pay very little attention to the positive variance as I have no intention of selling any holdings. [...]