Canadian Capitalist

A Canadian Personal Finance Weblog

Entries from April 2005

Book Review: Stop Working

April 30th, 2005 · 6 Comments

I finally managed to borrow the book, Stop Working: Here’s How You Can!, from our local public library. It is self-published by Derek Foster, who retired at the ripe old age of 34 and promises to teach how anyone can do it.
The book reveals that Derek was able to retire early by saving regularly and [...]

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Tags: Book Review

Ameritrade Canada

April 29th, 2005 · No Comments

Canadians investing in US equities should seriously consider Ameritrade for their brokerage account. Ameritrade offers one of the lowest brokerage commissions:
RBC Action Direct: Min. $29.95TD Waterhouse: Min. $29.00ScotiaMcLeod: Min. $25.95BMO InvestorLine: [...]

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Tags: Investing

Random Thoughts

April 27th, 2005 · 1 Comment

Every week, I go through a whole lot of reading material to keep myself informed about what is happening in the markets and things that affect me from a personal finance perspective. Here are some of the stories I’ve been following lately:

TD Bank doesn’t think there is any housing bubble in Canada. I happen to [...]

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Tags: Miscellaneous

Investing and Surgery

April 27th, 2005 · No Comments

Have you seen the TV commercial for an investment firm that shows a man with a shiny scalpel on the phone with his surgeon, who is giving instructions on where to make the incision? At the end of the conversation the man asks: “Shouldn’t you be doing this?” The underlying message is that investing is [...]

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Tags: Miscellaneous

A Housing Bubble?

April 26th, 2005 · 20 Comments

Fellow blogger Ben Jones consistently argues in his The Housing Bubble blog that a real estate bubble in housing prices can be found not only in the United States but also in many countries around the world. I’ve made earlier posts about the bubble and what I intend to do about it?
I wanted to take [...]

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Tags: Housing

Tech Value?

April 25th, 2005 · 2 Comments

After an 11% YTD decline in the NASDAQ, many analysts think that technology is now in value territory according to this New York Times column. Their main argument is that the earnings growth forecast for tech companies is too low. American companies have a lot of cash in their balance sheets and the bulls are [...]

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Tags: Investing

Weekend Wall Street Journal

April 24th, 2005 · 2 Comments

The Sunday edition of The Wall Street Journal is always filled with interesting personal finance articles. It is the first thing I read online every Sunday. This week’s crop of articles include one that suggests investors consider the water sector to escape the market downtrend and another has insurance advice for young people just starting [...]

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Tags: Miscellaneous

Buffett and Budweiser

April 22nd, 2005 · 2 Comments

Last month, I bought Anheuser-Busch (NYSE: BUD) in my retirement account. My primary reason for buying was that BUD traded at the low end of its historical valuation for a fine company that has consistently increased its sales, earnings and dividends. Yesterday, the stock popped 7% on the company’s terse announcement that Warren Buffet has [...]

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Tags: Investing · My Portfolio · Warren Buffett

My Dumbest Investment

April 21st, 2005 · 4 Comments

My dumbest investment turns out to be not so much what I bought, but what I didn’t sell. Just out of university, I joined a start-up tech company in the go-go days of the late nineties. It was a good time to be an engineer. Companies held BBQs to hire software developers and gave away [...]

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Tags: My Portfolio

On the Move

April 20th, 2005 · No Comments

For the last few years, I have been working in a small, privately held, software company. In a few weeks, I will be transitioning to one of the biggest software companies in the world. I am excited about the new opportunity from a professional standpoint. It will also be a very advantageous move financially. I [...]

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Tags: Personal