Today I want to discuss some stocks that are nicely beaten up and could be long-term bargains. But first, an update on a few things. From what I hear, about $30 trillion worth of stocks has disappeared from various investment portfolios. I also hear that about 40 per cent of money around the world has […] Read more
Some Stocks Are Bargains
Exchange traded funds are a group of stocks in a particular sector, such as oil or gold. They have lower management fees than mutual funds, and as a mix of stocks, they have lower risk that owning just one stock in a sector
Exchange traded funds (ETFs) are mini mutual funds that can help you invest in a sector of the stock market and pay a lower management fee than many mutual funds charge. ETFs are made up of a group of stocks in a particular sector, such as gold, oil, a foreign country and so on. Since […] Read more
Economic indicators suggest that oil prices will move up again through 2009. One way to offset the rise in diesel for your farm is to buy oil company stocks
You’re telling me you can’t borrow another 100 grand to help you pay the fuel bill? Or cut 100 grand worth of other costs so you save money to buy shares in an oil company? As you know, at just over $40 a barrel (January 22) the price of oil was down over 100 bucks […] Read more
I see four possible outcomes for stocks in 2009. Here’s how to manage for each
About a year ago I wrote an article on derivatives based on a presentation by Satyajit Das. Patrick Cooney, CEO of Jory Capital in Winnipeg, found Das and his book Traders, Guns and Money, and brought him to Winnipeg one cold winter day early in 2008. I heard him twice that week and wrote an […] Read more
Using my techniques, my investments ended 2008 at the same level as they began the year. That’s in a year when many others saw their portfolios drop 25 per cent or more.
A reader from Ontario gave me this idea for a headline. He was talking to some people about selling covered calls on stocks and his imagination gave him these words: How would you like to have cows that have 12 calves per year? Of course they didn’t know what he was talking about. But readers […] Read more
By choosing early in your career to put money aside, this off-farm nest egg will give you more choices as you head toward retirement
The other day I was talking to a reader of my newsletter StocksTalk and this 50-something year old farmer told me he was going to retire because he had other things he could do with his time and money. He also said that he owed at least some of his financial success and his opportunities […] Read more
Starting January 1, Canadians 18 or older will be able to open a Tax-Free Savings Account where all earnings on savings are tax free.
If you put $5,000 into an investment that earns three per cent, that $5,000 TFSA will earn you $150 bucks a year. The income tax you save would be minimal. Last issue I said I’d discuss the Tax-Free Savings Account (TFSA) that’s starting January 2009. This account will let any Canadian over 18 deposit up […] Read more
Cyber-Savvy Farmer
