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 »
What is driving Canadian FIRE? Everyone is affected by the FIRE economy in one way or another. FIRE is an acronym that stands for Finance, Insurance, and Real Estate. Together, these 4 industries are growing over five times faster than the general economy and represent about 1/5th of Canada’s total economic output. FIRE is especially important in BC.… Read More »
Investing is a lot like dating. Low confidence can keep you out of the market. A good way to gain confidence is to learn from those with experience. 🙂 When you do an internet search for “famous investors” you might see a list of highly experienced individuals. Some are dead. Most are alive. But despite being from different… Read More »
Some people are so debt averse they even refuse to borrow money when interest rates are at rock bottom. They save up for a 30% down payment for a home instead of 20% because they want to save on interest costs. This is despite the fact that Canadian mortgages only cost about 2.5% currently, or sometimes lower like in… Read More »
Beating the market isn’t necessarily hard. We don’t have to outperform everyone else. We just have to do better than the average. By picking individual stocks my investment returns have either matched or beaten the S&P/TSX Composite index every year since I started investing. 😀 But in today’s post I will explain why that doesn’t actually matter. When Using Debt… Read More »
Lower Cost with Interactive Brokers Everyone likes a discount, especially personal finance enthusiasts. We tend to get hyped over even marginal deals. 😀 Speaking of margin-al discounts. I recently lowered my stock margin rate from 4.45% to just 1.95%. Hot damn! It’s even lower than my mortgage now, haha. 😁 One of the best things investors can do to increase our… Read More »