Tag Archives: leverage

Leverage the World

Last week I was featured on MyOwnAdvisor.ca by its creator, Mark. It was a great privilege to share my financial independence journey with his readers. One of the most useful skills I’ve explained in the interview is the ability to use leverage. For long time readers of this blog, you already know I’m very fond of financial leverage.… Read More »

Is Enbridge Stock a Good Buy at $47?

tl:dr. The answer is yes, Enbridge is a good buy. 🙂 Fair Market Value of Enbridge (ENB)  Canadian pipeline company Enbridge is currently trading at around $47 per share. But based on Benjamin Graham’s formula for valuing stocks, which I’ve discussed before, the fair market value of Enbridge should be around $62. Enbridge stock’s EPS is $1.96. The growth rate (g)… Read More »

How to Rationally Think about Leverage

Borrow money to make money Today we’ll explore a common question I get asked all the time: What is my thought process behind leverage? The short answer is simple. I want to make high returns without being exposed to high risk. Normally the two go hand-in-hand. But leverage allows me to separate them. For example, a speculative marijuana stock may grow 20%… Read More »