When I got back into investing, one of the most common terms I heard was valuation. I knew what value was – one always wants to get good value for their money, or not overpay for an item. But the term “valuation” seemed a bit different, although I could never quite put my finger on why it felt separate from simply “getting good value for your money.” The difference, I eventually realized, is that in investing, price and value don’t always move together – and that gap between the two is where a lot of opportunity (and risk) tends to show up. This week, I’ll break down what valuation actually means and why it matters when you’re trying to get good value for your money in the stock market.
Tag: RY
Weekly Update for the week ending February 27, 2026
Trade Uncertainty Returns
Last week, the United States Supreme Court ruled that many of President Trump’s global tariffs were illegal. Within days, the White House announced a new 10% tariff on imports from all countries, with plans to raise it to 15%.
Let’s take a look at how we got here – and the uncertainty it has created.
A Brief History of the North American Stock Exchanges
As I mentioned in my November 28, 2025 Weekly Update [link to Nov 28 update], I recently came across a stock I assumed was listed on Canada’s largest and most senior stock market, the Toronto Stock Exchange (TSE), only to discover it was actually trading on its junior counterpart, the TSX Venture Exchange. That small mix-up sent me down a rabbit hole into how Canada’s exchanges are structured and how they came to be.
Weekly Update for the week ending January 30, 2026
How Central Banks Set Interest Rates
Interest rates are one of those topics everyone hears about, but few people really understand how they actually work. With both the Bank of Canada (BoC) and the US Federal Reserve (the Fed) recently announcing that they were holding their policy rates steady, it felt like a good time to step back and look at what these rates actually are – and how they’re set.
Weekly Update for the week ending December 19, 2025
Merry Christmas!
This marks the final Weekly Update of 2025 – and somehow, another year has flown by while markets did what they do best: surprise, frustrate, and occasionally reward us patient investors. 😊 I’ll be taking a short break over the holidays, but the Weekly Update will be back in early January to kick off 2026.
Weekly Update for the week ending November 28, 2025
The TSX: From Trading Club to Major Market
A few weeks ago, while writing the weekly portfolio update, I came across a stock I assumed was on the Toronto Stock Exchange, only to discover it was actually on the TSX Venture Exchange. Then I saw another company I thought was a Venture listing but was actually on the main TSX. That mix-up sent me down a rabbit hole about how the Exchange works and its history. I found the story surprisingly interesting, and this week I thought I’d share some of that history behind Canada’s largest stock market – the Toronto Stock Exchange (TSX).