What’s the worst thing that could happen to a retiree? a) 2 golf balls in the lake the same day b) A Barista at Starbucks putting cinnamon topping with whole milk on his Non-Fat Vanilla Latte c) Outliving his savings Once you retire, it’s finally time to enjoy life. It’s time to relax, do what you love most and stop stressing. Unfortunately, this definition of retirement is pretty rare. Most retirees still have to work to fill the hole in their …
Is There Growth Left Inside the Canadian Banks and Telecom Sectors?
Since 2009, two Canadian sectors had proven to the world the Canadian market can provide strong dividend growth stocks. It’s not by luck that four out of the ten Best Canadian Dividend Stocks for the Next Decade come from these two sectors. Both sectors are quite similar on many fronts. They both oligopolies, this is a mature market, but natural growth is still available and federal laws protect them from other competitors (mind you, it has become less protected …
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Retiring at 35 – Crazy Idea?
All right, I must warn you; this is a little bit of a weird post. I’ve been thinking about this scenario for about two months now. Maybe it’s the sun beating on my head too hard, or maybe it’s just a funny thought that will evaporate into thin air in a few weeks. Or… maybe I’m really tired about this whole crazy lifestyle where you have to run from 5am in the morning till 10pm and hope to have a good weekend to recharge for the next week. Anyhow, I wanted to have your …
Do You Need a Million Bucks to Retire?
This article idea came to mind after discussing with one of my readers. His questions looked like this: “I’ve heard I need about a million dollars to generate a $40,000 income at retirement” There are lots of rules of thumb surrounding retirement. You need to generate 70% of your job income at retirement. You should consider a 4% withdraw rate. You should invest differently (safer investments) now that you are retired. You should always save at least 10% of …
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What’s the Right PE Ratio?
The market is too high, it has to go down… I bet you have heard this more than a few times recently. Some investment gurus came out of their tombs and are back with their favorite REM song: “This is the End of the World as we Know it”. They had to hide for a few years after telling the world that 2008 marked the death of capitalism. Six year after the biggest financial crisis, it seems it was just like a bad dream and everything is back on track. But some people …
4 Reasons to Keep Buying Stocks Now, in a Big Bullish Market
After the amazing ride we had in 2013, many investors have decided to sell a part of their portfolio and cash out their profits. They did this because they are waiting for the next dip to buy again. The problem is that since the small dip of 5% (where those guys were probably still waiting hoping it would hit 10%), the market is surfing on another good year. We still have a little bit of volatility, but overall, both the Canadian and US markets are set on cruise …
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