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 […]
Tag: shop
The week ending May 13, 2022
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 […]
The week ending May 6, 2022
With the markets maintaining a downward trajectory its hard to stay engaged in investing and it can be downright depressing. I know I am not following the markets as much as in the past because its discouraging seeing my money disappear. This week, rather than talk about the market, I have decided to talk about […]
The short week ending April 14, 2022
Tax double whammy On April 7, the Canadian government introduced the latest federal budget. Once again, rather than living within its means or taking advantage of natural strengths to fund their pet projects, the government committed to spending more taxpayer money than they take in. Rather than debate the pros and cons of the various […]
The week ending April 1, 2022
Have you ever had one of those weeks where things just seem to go your way? The past week was one such week for me. I made three trades during the week, triggered by a busted thesis and a book. Let me explain. Trade 1: I purchased shares in a Special Purpose Acquisition Company, Social […]
The week ending March 18, 2022
March 14 – March 18, 2022 It was an ominous start to the week when the Nasdaq 100 Index closed in bear market territory (down more than 20% from its peak in November). It was the first time in three years that any of the US Indexes had fallen into a bear market. Heck, even […]