My new 2021 purchase: Alimentation Couche-Tard On January 15th I purchased 50 shares of Alimentation Couche-Tard (TSE:ATD.B). In today’s post I will explain how to price a stock, and why I think it’s a good time buy Couche-Tard. A Defensive Strategy for 2021 As mentioned in my 2021 financial plan, I think consumer defensive and staple companies… Read More »
The unfounded obsession with index investing There’s a common belief that attempting to outperform the stock market is futile so everyone should index invest. But is it true? 🤔 A thread on the r/investing subreddit asked if anyone can beat the market. Here are some community replies: “I know I am statistically extremely unlikely to beat the market,… Read More »
I don’t trust millionaire florists. They’re always running some kind of pansy scheme. Fortunately there are more legitimate ways to build wealth. I recently watched a YouTube video where a young realtor in California named Graham Stephan explains how he became a millionaire in his 20s. He says just about anyone can become a millionaire in 10 years… Read More »
This financial crisis appears to be getting worse by the day. The economy is stalled and millions of workers have lost their jobs. 🙁 Did you hear about the man who was fired at a coffee factory? They say he had no filter. 😎 But there is a silver lining here. As the stock market sinks the dividend… Read More »
Hello friends. It’s a new year. 😀 My investment strategy for 2017 was simple; to buy dividend growth stocks and alternative investments. Dividend stocks and alternative assets tend to grow in bull markets but also hold up well in recessions. The plan is to earn respectable returns while reducing risk to the downside. Here are my 2017 results.… Read More »
For long term investors, earning 5% to 7% annual return (after tax) is a suitable target to aim for. But this is difficult to pull off today. The current expected returns of the financial markets are extremely low by historical standards. Traditional asset classes such as stocks and bonds are generally overvalued now. Stock Market Expected Return = 3.2% The… Read More »