“It was a bloodbath!” – Oil drags down the TSX in a big way

Canada’s main stock index slumped on Wednesday to its lowest close in six months as energy stocks were hit by a sharp retreat in the price of oil and loyalty program company Aimia fell sharply after suspending its dividend payments. The energy group fell 3.9 percent as oil prices moved lower by a similar degree, hit by an unexpected large buildup in gasoline inventories and an international outlook that suggests…

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Why it’s Time for Canada’s Financial Industry to Put the Customer First

Why it's Time for Canada's Financial Industry to Put the Customer FirstScrutiny of the financial industry has been on the rise in recent months, fuelled in part by CBC News reports alleging unscrupulous practices at Canada’s big banks. The CBC’s findings may not have been surprising to insiders, who have been witness to the industry’s indiscretions for years. What is surprising is the government’s continued hesitation to force advisers to do what is right — to act in clients’ and customers’…

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High-Flying Stock Markets Are Nothing To Be Afraid Of

High-Flying Stock Markets Are Nothing To Be Afraid OfThe last eight years or so have given us what must be the strangest stock market bull run in history. I wrote five years ago that this is the bull market that nobody loves, and investors find it just as difficult to embrace today. Wall Street, London and other major global stock markets are nudging all-time highs, but investors continue to remain sceptical. Are they right to be afraid?  …

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2 Top Stocks to Buy With Dividends Yielding 4-8%

2 Top Stocks to Buy With Dividends Yielding 4-8%Dividend stocks are the foundation of great portfolios, because as history has shown, they far outperform non-dividend-paying stocks over the long term. With this in mind, let’s take a closer look at two high-quality dividend stocks that you could buy today and hold for decades. Pattern Energy Group Inc. Pattern Energy Group Inc. (TSX:PEG)(NASDAQ:PEGI) is one of the world’s largest independent producers of wind power…

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Is Value Investing the Riskiest Investment Strategy?

Is Value Investing the Riskiest Investment Strategy?Value investing has been a hugely popular and successful investment strategy for decades. Proponents of value investing include Benjamin Graham and Warren Buffett – both of whom went on to achieve staggering returns over a prolonged period of time. While the rewards from value investing appear to be relatively high, the risks may also prove to be greater than many investors realise…

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What Canadian Investors Can Learn From Warren Buffett

What Canadian Investors Can Learn From Warren BuffettLast weekend, Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) held the annual shareholder meeting. For the second year, the meeting was broadcast live over the internet, and investors had the opportunity to follow along without having to make the trip to Omaha, Nebraska. While the event had a number of formalities, investors thoroughly enjoyed the question and answer session with Warren Buffett and Charlie Munger. After years of following the company, I’ve noticed…

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3 Investment Lessons Learned Already in 2017

3 Investment Lessons Learned Already in 2017This year has been a very interesting one thus far. Stock markets across the globe may have risen in general, but they have been volatile. Risks remain on a global scale and this year has shown they could flare up without warning at any time. And with the situation in Europe being relatively uncertain, it has been somewhat surprising that investor sentiment has remained robust. Geopolitical tensions While the conflict…

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Investors, Is Now The Time to Short Canada?

Investors, Is Now The Time to Short Canada?It hasn’t been a terribly good week for the TSX Composite Index. Canada’s benchmark stock index has fallen more than 1% from the beginning of the week through Thursday’s close. Normally, a 1% move in just under a week is the very epitome of much ado about nothing. Stocks are constantly moving up and down for dubious reasons. Normally it takes a 3% or 5% move in a week before…

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Two Stocks Under $5 – Could They Double?

Two Stocks Under $5 - Could They Double?Contrarian investors are looking for beaten-up stocks that might be ready to start a recovery. Let’s take a look at Bombardier, Inc. (TSX:BBD.B) and Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) to see if one is attractive right now. Bombardier Bombardier’s CSeries jet program is finally getting off the ground, but years of delays and cost overruns on the program have taken a toll on the balance sheet and the stock price…

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