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When investing for your retirement, be sure of one thing; the investment should allow you to sleep well at night. When you build a retirement portfolio, the very first thing you want is to buy solid companies that will be there for the next 50 years. A classic quote from Warren Buffett was that he always pick shares of a company that he would feel good about even if the stock market had to close for 10 years. In other words; the world’s most successful investor doesn’t pick up the flavor of the …

Continue Reading about 4 Strong Dividend Growth Stocks for your RRSP

Canadians are now more confused than ever as to whether or not they should invest in the US market. There are many factors playing in the investor's mind at the moment. Before we tackle the currency challenge, let’s take a look at how both the US and Canadian markets did over the past 10 years: source: Ycharts As you can see, while the Canadian market had its moment of glory between 2008 and 2012, the US market easily crushed the Canadian market since then. The reason is quite simple; the …

Continue Reading about How do You Deal With Impact of Currency Now?

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