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Investment Management
Hot stock tips!
“I know that some people read this column hoping for some hot stock tips. And, without question, there is no shortage of that kind of content in the financial media. If you tend to read columns like this one, it won’t very long before you see an article along the lines of ‘Ten Stocks to…
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2021 was the year of audacious speculation
“In 2021 we saw the rise of meme stocks. “What the heck is a meme stock?” you may ask. A meme stock is a stock that experiences unbelievable price appreciation, not because of the fundamentals of the underlying business, but purely because the stock has captured the public’s imagination.” Smart Money 2021 was the year…
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Using leverage to help reach your financial objectives
“Used wisely, leverage can help you reach your financial objectives. But you do want to make sure the idea fits your situation, and that you understand the entirety of the strategy, including what could be daunting levels of risk. Certainly, you can cut a lot of wood in a short period of time with a…
Also posted in All Columns, Risk Management
Good advice pays for itself
“It is true that good advice can pay for itself, but you will want to make sure that they advice that you are getting is good to begin with. Ask some questions, and find the right person for you to work with. For most people, that will be the important first step in achieving their…
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What I tell young people about financial success
“Most people will not really notice the difference in lifestyle today if, rather than spending 100% of their income, they live off 90% of their income, with the remaining 10% put towards their important financial goals. But if they spend all their money today, they will definitely notice it in the future when they want…
Also posted in All Columns, Money Management
Cost effective investment solutions
“Rather than costs, the most important thing is making decisions that are consistent with your objectives. If an investment does not fit your objectives and your risk tolerance, then its cost is moot. Please don’t buy investments that don’t fit your objectives, regardless of how cheap they may appear.” Smart Money_ Cost effective investment solutions…
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The Berkshire Hathaway annual meeting
He offered some perspective by showing a slide of the 20 largest companies on the planet, including Apple, Microsoft, Facebook, Tesla, and his own Berkshire Hathaway. His question for investors, how many of these companies will remain in the Top 20 list 30 years from now? Using history as a guide, Buffett then showed a…
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Read this the next time your investments are down 25%
There are some things that you can control, and some things that you can’t. Focus on what you can control. Why are you investing? Is it for retirement, your kid’s education, some bucket list item? Stay focused on those goals. Do you own high quality investments that are temporarily out of favour? Has anything changed…
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The secret is there is no secret
Making good financial choices can be simple. Determine your objectives and make decisions that are consistent with achieving them. Live within your means. Pay yourself first. Protect your income. Pay down your debt. Have an emergency fund. Put some money away for the future. These are not complicated ideas. But they are not always quick,…
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Investing should not be a beauty pageant
“Consider Buffett’s approach of partnership and focusing on business fundamentals versus the current crop of fads and speculations that are so rampant these days. Consider simplicity in the context of the types of complicated and opaque investment options that are popular today.” Brad Brain_ Investing should not be a beauty pageant _ Alaska Highway News
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