GFM Network News

Reinvested dividend May 4, 2020.

How I doubled my money in less than four years, Part 3

Using options to enhance portfolio performance

Options are considered one of the riskiest investment instruments. Googling “options” can result in some pretty terrifying descriptions like “The price of options can change quickly, and those who trade them can win or lose huge sums of money in very short periods of time. This type of trading is best left to professionals,” or “The […] Read more

How I doubled my money in less than four years, Part 2

How I doubled my money in less than four years, Part 2

Five things I did to build my portfolio

The last article discussed a number of things I didn’t do to build my newsletter portfolio. This column will turn to the things I did. Some of these may appear like a broken record from past articles but warrant repeating. None of this is rocket science and I’m sure not a rocket scientist. Perhaps that’s […] Read more

Environmental, social and governance investing

Environmental, social and governance investing

Is it another new fad?

Business and investing fads come and go, much like other aspects of life. Those with merit last longer than others, while many fall into the trash bin of overhyped and bad ideas. Two decades ago, Six Sigma became a highly touted business concept, designed to reduce defect rates to less than 0.0003 per cent. I […] Read more

Specs and SPACs, Part 2

...and how my idiot son quintupled his money in two months

No children were insulted in the writing of this article. In fact, our youngest gave me the subtitle, and is the lead character in the story. (Read Part 1, here) As they were growing up, our kids were learning how to allocate scarce resources from their allowance and sports refereeing earnings between immediate gratification (a […] Read more

In this farm couple's case, there are two alternative strategies to cut taxes.

A couple looks for a low-tax route to turn their farm into retirement income

With no kids who want to take on the farm, a low-tax exit strategy is needed

A couple we’ll call Chuck, 68, and Liz, 66, farm 1,000 acres in south-central Manitoba. Their all-grain operation is profitable, but they want out. Their children, two middle-aged daughters, are not interested in farming. That leaves the sale of the farm as the best and only way for the couple to quit the business and […] Read more

Specs and SPACs…

...and “how my idiot son quintupled his money in two months” (his words)

“But the most absurd and preposterous of all, and which showed more completely than any other, the utter madness of the people, was one, started by an unknown adventurer entitled ‘Company for carrying on an undertaking of great advantage, but nobody to know what it is.'” The above quote is by Charles Mackay from a […] Read more

Generational transfer and the task of being fair to the other children is complex.

How to keep the farm together, a complex generational transfer

Farm Financial Planner: Parents devise a plan for middle-aged children to keep the farm whole

A couple we’ll call Max, 75, and his wife, Betty, 70, farm 1,000 acres in western Manitoba. They have three children who are 40, 48 and 45 years old. The eldest and youngest have city jobs and no wish to farm. The middle son, who we’ll call Brian, will take over the farm. The issue […] Read more

Free money … what’s not to love?

Free money … what’s not to love?

Investing for Fun and Profit: Leading to my 2021 market predictions

The essence of market economies is that millions of individuals making profit-oriented decisions, for the benefit of themselves, their families and communities, will allocate resources significantly more efficiently than government bureaucrats making the same decisions on behalf of millions of individuals. One of the key reasons is everyone’s circumstances are different and can therefore make […] Read more