Home » Archives for March 2018

Over CDN$5800 in Additional Annual Dividend Income

  Market Volatility has certainly picked up recently. Look at the iPath S&P 500 VIX ST Futures ETN (VXX). Set the interval as weekly and look at different date ranges starting from the maximum date range and work your way down to the last 3 months. Note the spike commencing early February. The VXX is [...]

By |March 27th, 2018|General Investing|Comments Off on Over CDN$5800 in Additional Annual Dividend Income

Paychex – Fairly Valued After Pullback

Summary Paychex reported strong Q3 results on March 26th and earlier in March it announced an acquisition in Germany which will offer PAYX the opportunity to expand its market penetration in Europe. The balance sheet is pristine and it continues to generate strong free cash flow. PAYX’s stock valuation has retraced from recent highs to [...]

By |March 27th, 2018|Equity Investing|Comments Off on Paychex – Fairly Valued After Pullback

Invest With a Long-Term Outlook

In previous articles I have shared my opinion on Stock Picking Rules to Follow and The Basics of Investing. I have also shared with readers in a guest post why I think Chasing Yield is Fraught with Risk. In this post I share my reasons for choosing to have a long-term outlook when it comes [...]

By |March 25th, 2018|General Investing|Comments Off on Invest With a Long-Term Outlook

Nike – Fully Valued

Summary NKE reported Q3 results March 22, 2018 which were better than expected when the one-time ~$2B impact from the Tax Cuts and Job Act is excluded. Despite the tax hit, NKE has indicated the TCJ is slightly favorable in terms of its normalized steady state effective tax rate and because it will provide NKE [...]

By |March 24th, 2018|Equity Investing|Comments Off on Nike – Fully Valued

FedEx – Focus on the Long Term Growth Potential

Summary FDX reported strong Q3 results on March 20th but the March 22nd announcement by the US government of ~$60B of tariffs on Chinese products hit the US equities hard and FDX’s stock price dropped ~5%. Amazon will be competing head on with FDX. While this can be perceived as a significant risk to FDX, [...]

By |March 23rd, 2018|General Investing|Comments Off on FedEx – Focus on the Long Term Growth Potential

Alimentation Couche-Tard – Attractive After Recent Pullback

Summary Alimentation Couche-Tard is the world’s 2nd largest convenience store operator. It operates in a highly fragmented industry. Its growth is being fueled through bolt-on and major acquisitions. The company has a significant presence in North America and certain regions in Europe. Growth opportunities in other densely populated regions of the world are underway. The [...]

By |March 22nd, 2018|General Investing|Comments Off on Alimentation Couche-Tard – Attractive After Recent Pullback

Executor – The Hardest Job For Which You Never Applied

In my recent Plan for the Unexpected – Organize Your Records article I provided a list of the records to have readily available to assist someone who must assume the role of Power of Attorney or Executor. In today’s article I touch upon what it entails to act as an Executor and the risks associated [...]

By |March 19th, 2018|Estate Planning|Comments Off on Executor – The Hardest Job For Which You Never Applied

Plan For The Unexpected – Organize Your Records

The basis for this article is a workbook by Pauper Press entitled 'I’m Dead, Now What?' which was gifted to me by John H. Wells. John is an Investment Advisor/Portfolio Manager/Vice President of Wells on Wealth Group which is located in Edmonton, Alberta. Wells on Wealth Group is part of TD Wealth Private Investment Advice, [...]

By |March 17th, 2018|Estate Planning|Comments Off on Plan For The Unexpected – Organize Your Records

Achieving Freedom 55, Give or Take a Few Years

By Richard Cleaver Richard started working in the Canadian financial industry in the 1980s. Over the next few decades as Richard moved up the ranks and held various senior level executive positions within the banking and insurance sectors, he and his wife never wavered from a decision they made in 1991 which was to 'pay [...]

By |March 16th, 2018|Guest Posts|Comments Off on Achieving Freedom 55, Give or Take a Few Years

Ecolab – Good Company But a Bit Expensive

Summary Ecolab (ECL) has a track record of two decades of double digit EPS growth. It is a very low capital intensive company with highly consumable products/services thereby resulting in a predictable and highly recurring revenue stream. Bill Gates has held a position in ECL for some time and just recently acquired another ~1.3 million [...]

By |March 14th, 2018|Equity Investing|Comments Off on Ecolab – Good Company But a Bit Expensive