Having a few decisions such as index insurance puts and precious metals go positive, when everything else is going negative, helps reduce the panic emotion.
Tag Archives TFSA
Navigating investments amid current market volatility
Investing for Fun and Profit: The main thing during these volatile periods is to avoid panic
The ‘Rule of 72’: Why don’t they teach this in school?
Investing for Fun & Profit: A couple of important but simple math exercises for those new to investing
Invited by a former ag retailer and farmer to conduct an investing workshop, I was once again surprised by how few had heard of the “Rule of 72.” While working through this simple formula someone asked, “Why don’t they teach this in school?”
How we choose highly profitable companies at reasonable valuations
Investing for Fun & Profit: It's both an art and a science -- but mostly science
In previous articles I’ve frequently mentioned the importance of selecting highly profitable companies at reasonable valuations. I’d like to illustrate with a real-life example of a switch I made in our tax-free savings accounts (TFSAs) at the start of the year. Our TFSA performance has lagged recently even though since inception they are still running […] Read more
Why would a farmer be interested in stocks?
The goal is to make money and grow your asset base
Over the past five years, I hope to have convinced some to gather a nest egg in stocks, whether in a TFSA, RRSP or a taxable account. I am curious if you have started because of what I have written and how many are following the Titanium-Strength Portfolio (TSP). Please send a short email to […] Read more
When circumstances change, make new plans
How to protect your farm and your loved ones as lifespans decrease and asset values rise
A couple we’ll call Luke and Mary, who are both in their late fifties, live in southwestern Manitoba. They have recently moved in together. Love may be forever, but tax and inheritance law make it essential they review their finances. Farm Financial Planner asked Colin Sabourin, a certified financial planner with Harbourfront Wealth Management in […] Read more
Farm Financial Planner: A Manitoba couple generates more income and pays less tax
How the couple secured retirement and transferred their remaining land to their son
In central Manitoba, a couple we’ll call Harry, 80, and Mary, 76, had a mixed grain and beef cattle farm for four decades. They sold the home quarter to their youngest son, taking back a long-term mortgage with favourable terms. They kept 320 acres, which they have rented out to a neighbour. Their plan was […] Read more
Investing and the omnipresent impact of the bell curve
Outstanding performance of the titanium portfolio on its first anniversary
Last year I described my “Titanium Strength Model Portfolio,” based on buying and holding strong stocks. Now it’s time to take a look at my results. How did the portfolio perform? How did it compare to market indices? What other nuggets can we glean that might aid our understanding of portfolio management? What does a […] Read more
Starting your self-managed accounts
Getting accounts started is a simple as a visit to your local bank
So you have emptied your piggy bank, read my book, and are now motivated to start a stock investing account. Or you already have accounts at a few different places and want to consolidate them to start managing yourself. Perhaps you are working with a financial advisor but want to take more control. How do […] Read more
Keep farming for a lower tax bill
Keeping the farm operating will hold taxes down and maintain the farm legacy
Farming has been good to a couple we’ll call Horace, 50, and Betsy, 40. Their 3,500-acre grain operation has been consistently profitable. Now they want to plan their retirement and succession, but it’s too early to tell if their daughter, Moira, 10, will be interested in continuing to farm. The couple plan to stay with […] Read more
Keep the money in the family
Farm Financial Planner: Family finds way to transfer financial gains from farming on to the next generation
A couple we’ll call Jack and Mary Walrosser, 35 and 34, used to farm with Jack’s family in central Manitoba. Jack’s father Harold and Harold’s wife Beatrice, both age 61, farm 960 acres of pasture and oilseeds. Life has had its challenges. Harold had contracts to produce pregnant mare’s urine for the pharmaceutical industry. Those […] Read more
Cyber-Savvy Farmer
