Some readers may be old enough to remember watching Kung Fu, the American action adventure martial arts western drama (now there’s a combination) television series starring David Carradine which aired on ABC from October 1972 to April 1975. In fact, the series became one of the most popular television programs of the early 1970s. In … More Patience, Grasshopper! Let Your Money Work for You.
Over the course of the last several years I have read countless investment blogs where bloggers provide status reports (holdings and activity for the previous month) of their investment portfolios. In some cases, bloggers disclose ALL their assets and liabilities. Personally, I am not prepared to do this……EVER. I do, however, find it fascinating to … More The Financial Freedom is a Journey (“FFJ”) Portfolio
Summary SMART Real Estate Investment Trust (SmartREIT) is a well-managed REIT with great growth potential. SmartREIT boasts Walmart as one of its major tenants which anchors 107 (or 72%) of SmartREIT’s shopping centres. SmartREIT is developing the massive 400-acre Vaughan Metropolitan Centre 400 with key anchor tenants such as KPMG and PWC. Smart REIT has … More SMART Real Estate Investment Trust – owning it could be a smart move
A relatively recent in-depth study by S&P Dow Jones Indices found that 100% of actively managed equity funds sold in the Netherlands failed to beat their benchmark over the past five years. In addition, 95% of funds sold in Switzerland and 88% of those offered in Denmark also underperformed. Overall in Europe, four out of … More Investing in Equities Does Not Need to be Complicated
The Province of British Columbia has recently introduced the BC Home Owner Mortgage and Equity Partnership (BC Home Partnership program). The purpose of this program is to assist British Columbia residents who are eligible first-time homebuyers by providing repayable down payment assistance loans. The following are three examples provided on BC Housing’s website. This program … More BC HOME Partnership program – Is this really wise?
The idea for this post came from following the recent developments surrounding New York-based hedge fund Platinum Partners. While frauds to the magnitude of those perpetrated by Platinum Partners, Bernie Madoff, and Allen Stanford receive wide media coverage, there are countless frauds perpetrated by investment advisers that never receive the same level of media attention. … More The Advisor/Investor relationship – protect yourself
Summary Paychex, Inc. reported total service revenue of $760 Million (7% inc) for Q2 2017 and $1,533.5 Million (8% inc) for 6 months ending November 30, 2016. It reported adjusted diluted EPS of $0.56 (8% inc) for Q2 2017 and $1.12 (8% inc) for 6 months ending November 30, 2016. While investors have been aptly … More Paychex: Love the company, not the price.
Summary Automatic Data Processing Inc. has increased its dividend each year for 42 years making the company a dividend aristocrat. While ADP has aptly rewarded shareholders over the years it is expensive at current levels. I would be prepared to add to my existing ADP holdings if the price drops below $92. Introduction Automatic Data … More Automatic Data Processing Inc.: A Wonderful Company. Less Than Wonderful Valuation.
I was just reading an article in The Globe Real Estate section of the December 16, 2016 edition of The Globe and Mail. The article, entitled “Shock Market”, referenced the real estate market in a municipality located just a short drive from where I live. In early 2016, properties were selling for $200,000 more than … More Ooooohhhh, this doesn’t look good!
Every year when I file our tax returns I have a figure which goes in line 349 labeled Donations and Gifts and there is a “Schedule 9” in which I itemize the amounts donated to various charities in the tax year. Neighbours to the south of our Canadian/US border have a similar line item on … More How does the charity you support rate?
