Welcome to 2024! I hope everyone had a good Christmas break to recharge and get ready for 2024.
There was no Weekly Update for the last week of 2023, however, that does not mean all was quiet here. There were a few minor changes to the web site. As you may have noticed, the website received a fresh, new look and feel towards the end of 2023.
Items that may only interest or educate me …. Canadian interest rate moves higher, Fed inline for a ‘soft landing,’ looking forward, big tech downsizing…. This past week, as widely anticipated, the Bank of Canada (BoC) raised the Canadian interest rate by 0.25%, bringing the benchmark rate to 4.5%. The BoC also said they are […]
Last week, I started discussing my process for identifying companies I would like to own, albeit a very, very, small piece of the company. I created a 4-stage process to eliminate companies from consideration relatively quickly while going through the process. These stages of the process are: Stage 1 – Radar Check Stage 2 – […]
“Sell in May and go away,” refers to the tendency of stocks to perform worse in May through October than during the rest of the year. I hope that is not the case this year given the decline in the stock markets. The S&P 500 Index and Dow Jones Industrial Average are both in market […]
Investing v Gambling Just when I thought the markets may have bottomed, they prove I have no idea what is going to happen day to day. 😊 Recently I was asked what the difference between investing and gambling is. As an investor, this intuitively seemed obvious but as I thought about it, I realized to […]
If the markets were Clubber Lang, their prediction for 2022 would have been “Pain!”. And so far, pain it has been with the S&P 500 off to its worst start to a year since 1939. Over $10 trillion has been erased from American stocks alone. The Nasdaq Composite Index alone is down 25% in 2022 […]