The recession early in the pandemic was the worst quarterly GDP decline since the Great Depression. The unemployment rate shot up from less than 4% to more than 14% in one month. But this does not count as a real recession. We turned off the economy like a light switch, but then turned it back […]
Size and financial strength matter in the stock market. Companies with a market capitalization of $10 billion or more are often core holdings in an investment portfolio. However, if the size is three or five times larger, the large-cap stocks exert an even greater market influence. Fortunately for investors, stock prices are not directly determined […]
Many new investors try to time the market when stocks hit an all-time high, believing they are about to buy the top. I think that’s shortsighted. If you buy a broad, cheap basket of Canadian stocks and your time horizon extends over decades (say, until retirement), it doesn’t really matter. Market highs are temporary, but […]
While it’s not easy for investors to completely ignore the market noise, some fundamentally strong stocks make that easier thanks to consistent performance, reliable dividend income and long-term growth potential. After including such robust stocks in your portfolio, you don’t have to keep checking the stock chart every morning. And there’s one stock I’ve been […]
By investing in companies that are part of the clean energy sector, you can gain exposure to stocks that are poised to grow revenue and earnings at a steady pace over the next decade. The artificial intelligence megatrend will accelerate the global shift to clean energy solutions, driving TSX stocks like Boralex (TSX:BLX) is currently […]
By Dr. Josh Daily, WCI columnist Over the past few years, I’ve noticed a new type of question emerging from fourth-year medical students in the personal finance program that I co-direct. Just before race day they come to me, with a spreadsheet in hand, and ask: “Should I rank higher the program that offers a […]
This week I received a call asking for basic investment assistance. This blog post was written in response to that call. There are a few basic principles of investing and I’ve been writing about them on this blog for almost 18 years. Here is the link to two very basic principles. Rule #1 There is […]
Now that the TSX Index has taken a few mild bumps in October, Canadian investors may be wondering what the smartest move is to make now that the stakes (and valuations are a bit higher) and we are closer to the next inevitable correction. While a correction can be quite scary to experience, they aren’t […]
Many Canadian stocks have delivered above-average total returns over the long term, creating significant wealth for their shareholders. These are companies with solid fundamentals and strong growth prospects. By diversifying investments across these stocks and different sectors, one can reduce risk and smooth returns, even when certain parts of the market face challenges. Additionally, if […]
Investing in the stock market is one of the best ways to grow your wealth without significant initial capital. While there is no guaranteed method to turn $15,000 into $150,000, it is possible if you take the right investment approach. To obtain a tenfold return on your investments through stock securities, it is necessary that […]