How to cut your monthly spending by up to $400 – ditch your storage locker

How to cut your monthly spending by up to 0 – ditch your storage locker

We have a cost-of-owning problem in this country. Let’s agree the cost of living is a bigger issue, even if the year-over-year inflation rate fell to 7 per cent in August from 7.6 per cent in July. But the cost of owning all the stuff we buy leads to expenses that can easily amount to … Read more

Even today’s high inflation is no match for these dividend growth stocks

Even today’s high inflation is no match for these dividend growth stocks

An investor’s best answer to inflation is a dividend stock that raises its payouts by amounts that match or beat the rising cost of living. There are plenty of stocks that meet this criteria in the Canadian market, and some of them can be bought at marked-down prices. To find examples, I dug into my … Read more

Asia Cup 2022 – Ban vs SL – Shakib Al Hasan

Asia Cup 2022 – Ban vs SL – Shakib Al Hasan

Among Bangladesh’s several errors, Shakib Al Hasan rued Mahedi Hasan’s no-balls the most in their two-wicket defeat against Sri Lanka that knocked them out of the Asia Cup. Mahedi’s first no-ball allowed Kusal Mendis, who was reprieved on four occasions, to beat beyond the seventh over. Kusal who opened the innings, top scored with a … Read more

What the GIC critics get wrong

What the GIC critics get wrong

Even at rates of 4 to 5 per cent, GICs are disrespected. Not so much by investors. The consulting firm McVay and Associates says balances in guaranteed investment certificates in the banking sector in June were 18.1 per cent higher than the same period last year. It’s more advisers and market strategists who are finding … Read more

Rule of 20 says market bottom much lower. Plus, Canadian energy stocks that big-time investors are buying

Rule of 20 says market bottom much lower.  Plus, Canadian energy stocks that big-time investors are buying

The investing rule of 20 states that when a new US bull market starts, the trailing price to earnings (PE) ratio of the S&P 500 added to the inflation rate will result in a number less than 20. Unfortunately, right now the trailing PE ratio is 20.2 and the inflation rate is 8.5. BofA Securities … Read more

The hot trend for times when you can’t afford what you’re buying

The hot trend for times when you can’t afford what you’re buying

Scariest financial number of the summer: By 2026, nearly one-quarter of all global online purchases will be made with a buy now, pay later option. Did you think I was going to quote the inflation rate or something to do with interest rates? Both rates and inflation are a worry, but at least we now … Read more

‘Best of the best’ stock picks include Canadian miner. Plus, a key technical level to watch for markets

‘Best of the best’ stock picks include Canadian miner.  Plus, a key technical level to watch for markets

Credit Suisse’s list of top 40 US stock ideas is an interesting one for domestic investors and the inclusion of Canada’s Teck Resources is only one reason why. The list combines the expertise of the research team’s analysts and the use of Credit Suisse’s proprietary cash flow model to support the analysts’ top ideas. Teck … Read more

John Heinzl’s model dividend growth portfolio as of July 31, 2022

John Heinzl’s model dividend growth portfolio as of July 31, 2022

John Heinzl’s model dividend growth portfolio as of July 31, 2022 Company Ticker No. of shrs Shr price $** Purchase Price $ Market Value $*** Book Value $*** Gain/Loss % Yield % Algonquin Power & Utilities Corp.* AQN-T 485 17.91 13.62 8,686.35 6,606.95 31.47% 5.18% BCE Inc.* ECB-T 80 64.70 57.97 5,176.00 4,637.70 11.61% 5.69% … Read more