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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 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 [...]
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 [...]
In this recent article I learned that more than 40% of Americans may be at risk of going broke in retirement. This statistic alarmed me so I did more digging in preparation for this post. What I uncovered is that according to the Fed: barely one-third of families in the bottom 50% of earners in [...]
Summary DIS has offered to acquire certain 21st Century Fox, Inc. assets for $52B to help it expand into the direct-to-consumer streaming distribution business. The stock is attractively valued based on forward EPS and free cash flow. Despite the attractive valuation, I have several reasons why I will not initiate a position in DIS at [...]
