Fractional shares…. With the start of a new quarter, comes an update of all three Portfolios as of September 30. Check out the latest holdings and gains for Portfolio 1, Portfolio 2, and Portfolio 3. After a terrible third quarter, investor sentiment is definitely bearish. However, with very low expectations its possible the fourth quarter […]
Category Archives: Updates
The week ending September 30, 2022
Fractional shares…. And so ends the third quarter of 2022. After a rally to start the quarter, the markets ended with a thud! The Toronto Stock Exchange Composite Index (TSX) is doing the best of the four major North American Indexes, and it is in a market correction (down more than 10% from recent highs). […]
The week ending September 23, 2022
Fractional shares…. The big news that impacted us investors came out of the USA this week, causing share prices to tumble. As expected, the US Federal Reserve (Fed) raised the US benchmark interest rate by 0.75% this week. This was the third straight 0.75% increase. What was unexpected was the Fed’s vow to crush inflation, […]
The week ending September 16, 2022
Fractional shares…. Just when supply chain problems were slowly being eliminated, rail workers in the US threatened to go on strike. Fortunately, a deal between the major U.S. railroads and the railroad unions was reached to avert a work stoppage. This was such a crucial deal for the US economy that even President Biden took […]
The week ending September 9, 2022
Fractional shares…. As expected, the Bank of Canada (BoC) raised the benchmark interest rate in Canada by 0.75%, bringing the Canada’s benchmark interest rate to 3.25%, a 14 year high. The new rate is now above their target range of between 2% – 3%. The BoC said they will maintain their aggressive stance and the […]
The week ending September 2, 2022
Fractional shares…. Despite slumping the week ended August 26, the S&P 500 Index (S&P) had bounced back 15% since its June low and all 11 sectors of the index have been in the black since the start of the third quarter (July 1). Bet you did not know that was the S&P’s best start to […]