Below is a summary of my thoughts on Q2 performance and holdings, peppered with sector and macro musings. YTD returns are on the Portfolio page. Waste Connections: Currently my largest holding, for good reason: the waste industry is the place to be right now. I wrote a piece on it a few months ago highlighting [...]
There is plenty to choose from in the land of tech, although the field is sparse in Canada. CGI trades on the NYSE (ticker: GIB and GIB.A on TSX), but Constellation Software (ticker: CSU) is a standalone Canadian play. These are core, forever holds in my portfolio and you should consider them too. First, a [...]
What's to say that hasn't been said already. This week alone, Exxon Mobil and Royal Dutch Shell cut dividends. Most Canadian EPs have too. Will this be enough to save them? RBC predictions on GDP growth in Canada look less severe than Europe, but still moderate. Of course it's too early to tell what the [...]
On March 4, 2019, I boldly entered the market with leverage after getting shredded in weed stocks, to no fault but my own greed. My leverage in the new plan included:$100,000 on Margin$65,000 in Unsecured Lines of CreditTOTAL LEVERAGE: $165,000The idea was simple: buy undervalued stocks that yield more in total than what you pay [...]
I added five stocks to my portfolio the past month: Canwel Building Materials, Pembina Pipeline, Emera, Fortis, and Brookfield Property Partners. Spotlight:Canwel Building Materials (CWX) CanWel is a national distributor of construction materials, building products and a supplier of pressure-treating lumber in Canada.It serves an intermediary role in the construction materials supply chain. It made [...]
The theme this month is VALUE. Talk on the street (and by street I mean dissemination through public channels) is that big money is moving back into value stocks. Since August 2019, many stocks have rebounded 10-30%, and indexes like the TSX are breaching all-time highs. Followers of this blog know that I have been [...]
A look at Canadian energy stocks since 2014 will make your head spin. Here are three examples: Baytex, Vermillion, and Crescent Point - pick any other energy stock and the chart looks roughly the same. They have been decimated, many losing upwards of 90% of value: So, this begs the question: Are these companies profitable? [...]
Let me start off with a small reflection: I am feeling bearish. And with good reason. The Trump/China affair is putting serious downward pressure on global stocks, coupled with sentiment that global growth is slowing and a recession is imminent within the next 12 months. What does this mean for my leveraged portfolio? First, it [...]
The most effective investment strategies revolve around a few simple principles that are easy to follow, repeatable, proven over time and based on facts. Here are three strategies to help keep you on track with achieving your investment goals: Diversify A staple strategy that many investors choose is diversification. When one category is underperforming, another one might be on [...]
What are you saving for? You might have a short-term goal, such as a down payment for a home or a deposit on a new car. Longer-term goals include putting aside money for retirement or a child’s education. Whether your goals are short-term or long-term, being able to state them clearly is an important step [...]
