Canadian Capitalist

The federal government has a plan for its huge surpluses, but don’t count on a big fat tax refund.

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MoneySense magazine is profiling four small investors who are beating the market under the rubric “The Genius Next Door“. If you dig a little bit deeper, you realise that their strategies are not for everyone.
Dale Johnson, for instance, invests only in diamond mines and energy trusts. Last I checked, energy trusts have been red-hot investments [...]

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As crude oil falls to a two month low of $61, the TSX composite is getting hammered. After closing at its highest level in five years on Monday at 11,081, the index slipped 120 points on Tuesday, 212 points yesterday and is down another 158 points today.
Energy stocks have been hit even harder. Encana (TSX: [...]

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It occurred to me that though I track the performance of my portfolio, I never wrote about its actual composition. Currently, it is 94% equities, 4% cash and 2% other. I don’t have any exposure to bonds or REITs.
Top 5 holdings are:
Altria Group (NYSE: MO): 8.7%
TD Bank (TSX: TD): 7.5%
E*Trade (NYSE: ET): 6.4%
Canadian Natural Resources [...]

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Welcome to the 16th edition of the Carnival of Personal Finance and also welcome to Canadian Capitalist. For readers new to the Carnival, it highlights blog entries that focus on personal finance topics. Last week’s edition was hosted by Free Money Finance and the baton will pass to Hello Dollar! next week.
Without further ado, here [...]

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The Sleepy Portfolio had another stellar quarter advancing 4.5% over the previous quarter. Just like the previous quarter Canadian Equities, REITs, Emerging Markets and US mid-caps posted the biggest gains.
My personal portfolio returned 6.1% over the same period, driven largely by gains in E*Trade (NYSE: ET), CAE Inc. (TSX: CAE), Canadian Natural Resources (TSX: CNQ), [...]

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