One of Warren Buffett’s most famous quotes is that his favourite holding period is ‘forever’. Clearly, this has been a hugely successful viewpoint for him to take in his own investment career. After all, Buffett is consistently one of the richest people in the world. However, with increased speed of communications today and the rising popularity of trading versus investing, is holding shares for the long term still the most…
Where Should New Investors Start?
Now that we’re in the middle of July, summer is in full swing, and most are thinking about how to make the best out of what’s left of summer. With another academic year in the books, a number of new graduates have obtained full-time employment. In the hopes that many of these graduates are doing something responsible with the money they’re earning, let’s take a look at the investments that…
2 Top Stocks Yielding Over 3.5% to Buy and Hold
If you’re searching for great dividend stocks that you can buy and hold for decades, then I’ve got two that I think you will love. Let’s take a closer look at each, so you can determine if you should buy one or both of them today. Brookfield Property Partners LP Brookfield Property Partners LP (TSX:BPY.UN)(NYSE:BPY) is a diversified global real estate company. It owns, manages, and develops office, retail, multifamily,…
The Loonie Turns 30!
The 11-sided coin was not originally called the loonie but the name caught on quickly due to the iconic decorative design by Robert Carmichael showcasing a single loon on one side. It has been 30 years since its introduction by the Royal Canadian Mint and marked one of the most significant changes in Canadian currency history in half a century. To mark this special occasion the mint has put out…
How Investors Should Handle Cold Stocks in Canada’s Hot Economy
The world’s fastest-growing developed economy has the worst-performing stock market, creating buying opportunities especially for investors in Canada’s financial sector. The S&P/TSX Composite Index is down 2.2 per cent from April to June, set for its first quarterly drop since 2015 and the steepest decline among 24 advanced markets tracked by Bloomberg. Year-to-date, its 0.5 per cent dip compares with returns of 8.1 per cent for the S&P 500, 8.1…
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…
Why it’s Time for Canada’s Financial Industry to Put the Customer First
Scrutiny 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’…
High-Flying Stock Markets Are Nothing To Be Afraid Of
The 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? …
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…
The Canadian Housing Bubble Explained
There are many misunderstandings of the years-long Canadian housing bubble. This video does a good job breaking down the looming bust and what it could mean to our economy.