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After long procrastination, I’ve finally decided to manage my kids tuition investment account (called an RESP in Canada). I have roughly $10,000 saved in this account and it was invested in mutual funds until recently. Over the past three years, I’ve crushed the fund managers performance and this is why I decided to take over. I then transferred the money into my brokerage account before the Holidays and waited… It was good timing since the market has kept dropping since then. At the beginning …

Continue Reading about New Purchase: MMM

Can you believe that not so long ago, oil was trading over $100 a barrel? This was our reality back in June of 2014, right before OPEC announced they will increase their production. Since then, it’s been a complete nightmare for most investors active in the oil industry. The barrel dropped, and the US kept pumping more oil ever since. The OPEC strategy was to cut the US oil market with low prices, but it hasn’t worked so far: And this is why oil keeps dropping: the offer is increasing faster …

Continue Reading about The Ever Suffering Oil Industry

I wanted to start the New Year off with a solid base. The recent discussions I've had with friends over the Holidays made me realize how sometimes we complicate our lives for nothing. After 13 years of investing for my own portfolio and working in the financial industry, I know that the “flavor of the month” is different each year, but it all comes down to the same problem: We all look for an efficient way to buy and sell our stocks Some will use the buy & hold strategy and others …

Continue Reading about 3 Words + 3 Tools to Strengthen Your Portfolio for 2016