I suspect many of us have equity holdings to which we pay little if any, attention. In my case, United Parcel Service, Inc. (UPS) is such a holding. On April 27, 2021, however, it released Q1 results and the share price closed ~$18 higher than the prior day's closing share price. This is puzzling since [...]
In this brief May 21, 2020 article, I analyze and disclose a new position in 3M Company (MMM) for our daughter's taxable account. I subsequently analyze and disclose in this November 4, 2020 article the purchase of additional shares for that account. In both instances, I conclude MMM shares are undervalued. Fast forward to the [...]
Hidden gems are often lost when part of a conglomerate. This appears to have been the case with Otis Worldwide Corporation (OTIS). For more than 15 years, it was used as a cash cow to fund capital expenditures at United Technologies' two aerospace divisions (now Raytheon Technologies Corporation (RTX)). OTIS is now a stand-alone entity [...]
When I retired early a few years ago I had visions of being able to regularly travel and to exercise a few hours a day when at home. All was going according to plan until the COVID-19 pandemic hit. Now, we have provincial quarantine restrictions. Couple these restrictions with less than pleasant weather conditions and [...]
In several recent articles I have indicated that when it comes to investing, as with many other aspects of life, it is important to set objectives and a goal and to have a strategy by which to achieve them. Hope is not an investment strategy I have ever recommended. The subject matter for this post [...]
There is a host of possible investing mistakes. Avoid these 25 investing mistakes to improve your investment returns and enhance your investing experience. Investing In Stocks Is Like Gambling This is a common myth among people who know little about stocks. Because they know so little about equity investing they choose to believe it is [...]
In my recent Wealth-Building Habits of Self-Made Millionaires post, I list the findings by Thomas J Stanley, Ph.D., Sarah Stanley Fallaw, Ph.D., and Thomas C. Corley after several years of research. The post also includes the US and Canadian wealth distribution statistics. These statistics strongly support the findings that most people struggle in applying these [...]
Some people become millionaires because they are born into money. Quite often they do not develop proper wealth-building habits because they were never forced to do so. As a result, quite often you can not learn from these people. You enter the two-comma club by learning the wealth-building habits of self-made millionaires. In essence, follow [...]
Completing a personal net worth statement at least once a year is important from a financial planning perspective. It is, in essence, a financial report card that helps in the evaluation of your current financial health. Once completed there are various factors to consider when analyzing your net worth. Before delving into the factors to [...]
In my recent 13 Thoughts To Keep Investing Simple post, I indicated that rebalancing an investment portfolio should occur at least once a year. I last undertook such a review in August 2020 and disclosed my findings in my Portfolio Holdings Review – August 2020 post. Equity values and the CDN/USD FX rate have certainly [...]