0.4% Interest… that’s what you’ll get.. 0.4!! How brutal is that eh? Department of Finance Canada has the report and I can’t help but think back to when the bonds were paying off a health 7% interest rate and my little $100 bonds that my parents made me buy were doubling every 7 years… good [...]
READ MORE »
For the life of me.. I keep paying this guy $30 or whatever it is a month.. and yet.. I’m not taking advantage! Well, truthfully.. the reasons aren’t anyone’s’ fault, I think the reason is more of a funding problem at to why I’m not trading much using his recommendations. It’s certainly not from lack [...]
READ MORE »
I’ve sort of strayed from my financial blogging lately.. for that I apologize in case you were curious. I guess the reason that I’ve not posted much, is that I’m actually not DOING much. The markets for some mysterious reason keep going up, and for the life of me I’m waiting for a bit of [...]
READ MORE »
Well, I’m anxious to get started, but having a tough time getting a hold of my banker. The fact that today is a holiday (for most people!), doesn’t help the fact. As you know, I’m doing the ‘Smith Manoeuvre‘ with my mortgage, and as such, I have free equity in my home that I am [...]
READ MORE »
Been talking about this for awhile.. but the impact and the time factor are so amazingly huge, that it cannot be understated. People talk about how hard it is to make money and how hard it is to find the right fund, etc..etc.. it really isn’t that hard at all… all you have to do [...]
READ MORE »
As I posted back in May, the Canadian Dollar is getting a lot stronger vs the US Dollar. As I type out this post it is sitting right at the June low, and ready to fall again… in fact, if you look at how quick it’s dropped.. well, the only real support I see once [...]
READ MORE »
*I’m posting this a lot later than when I wanted to, almost a month in fact.. however judging by GROW’s current price of $11.83, I’m glad I sold when I did last month.. heh heh. I have not tried another TimAlert trade since this one. Well as you know from my first TimAlert trade, and [...]
READ MORE »
Well, some interesting things happened since my last post of LYG. It ends up, I DID in fact get the dividend (they must have been mistaken) of .8477 per share.. so since I owned 100 shares.. that was $84.77 which I was paid out in a special dividend. SWEET! However, that dividend somehow adjusted the [...]
READ MORE »
Just read this over at the Consumerist blog.. had to share.. To me it’s amazing how bad customer service is getting all over the world. It IS important and it DOES make a difference… people whom read the following will NOT think to themselves.. “Yeah.. Bank of America is Awesome!” Anyhow, read on.. Jesse tried [...]
READ MORE »
Well since I purchased the buy/write strategy on June 2nd here I’ve watched as it’s dropped pretty from $5.90 a share, down to $4.40 a share… about 25%. So to say I was wrong about the direction is certainly an understatement. However, thanks to the power of options, instead of being down $150.. I am [...]
READ MORE »