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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
Also posted in Investment Management
Looking for some tendies
““Tendies” are what the cool kids are calling the big, windfall profits that you are supposed to make from your investments. Tendies are easy money and they roll in quick. At least, that is how the story is supposed to play out.” Brad Brain_ Looking for some tendies _ Alaska Highway News
Also posted in Investment Management
Meme stocks are not a sound investment philosophy
“Stocks may require some time to show a return on investment, but not stonks. And while stocks may involve some downside risk, that’s not the case for stonks. Stonks only go up. In other words, stonks are a fantasy. But stonks have become a meme. And, as thin as that is, nowadays people are investing…
Also posted in Investment Management
The battle of the heavyweights
“The bottom line is that RRSPs and TFSAs are both great planning tools, but neither is intrinsically superior to the other. Which one is right for you will be determined by your objectives and your personal circumstances, including; what do you want to use the money for, when do you want to use the money,…
Also posted in Income Tax Planning, Money Management
What makes for a good investment
“Folks, this is real simple. It comes down to this: If you pay to much for something, it’s real hard to make money. Doesn’t matter what it is. A stock, an apartment complex, Pokémon trading cards. Pay too much, and it’s hard to make money. The bottom line: A good business is difficult to live…
Also posted in Investment Management
How to spot an investment fraud
“Every year millions of dollars are lost to fraud in the province of British Columbia. It is probable, sooner or later, that somebody is going to try to rip you off. It might come as an email from someone you have never heard from, but it might also come over coffee from someone you know.”…
Also posted in Investment Management, Money Management
It’s getting flaky out there
“I readily admit that I am a crypto cynic. In fact, in 2017 when bitcoin hit $9500, I shot a video saying that “when it comes to all this speculation on cryptocurrencies, you can unequivocally count me out.” Brad Brain_ It’s getting flaky out there _ Alaska Highway News
Also posted in Investment Management
The essence of Buffet
“I have a framed Buffett quote on my office wall. It reads, “To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.” Brad Brain_ The essence of…
Also posted in Investment Management
No such thing as free lunch
“Even before 2020, our federal and provincial governments have been spending a lot of money. And I mean a lot. Then the pandemic economic response spending started, and the taps have been wide open.” Brad Brain_ No such thing as free lunch _ Alaska Highway News
Also posted in Money Management
Reckless debt is like playing with fire
“The use of debt is also simultaneously a wonderful and a terrible thing. And, like fire, it needs to be extinguished once it has served its purpose. The proper use of debt allows you to do what you want if life. Reckless use of debt, however, can bankrupt you.” Brad Brain_ Reckless debt is like…
Also posted in Money Management
