Mark Hulbert has some bad news for stock-pickers in last weekend’s edition of the NY Times: Data from the Hulbert Financial Digest (a rating service for stock newsletters) indicates that of the 35 newsletters tracked from 1980 only 13 are still in existence. Out of the 13, just three have managed to beat the returns [...]
Entries from July 2006
This and That: TGIF Edition
July 6th, 2006 · 2 Comments
Tags: Miscellaneous
Renting a Water Heater
July 5th, 2006 · 12 Comments
Just the other day, I was browsing the Personal Finance bookshelves at my local Chapters store and leafed through a book titled The Smart Canadian’s Guide to Building Wealth. I almost skipped over a chapter that advised against renting-to-own when I noticed a sidebar titled “A Note to Ontario Homeowners”. The note asked why the [...]
Tags: Consumer
Is a CAA Membership Worth Keeping?
July 4th, 2006 · 17 Comments
I have been a member of CAA for many years and since I have recently received the annual renewal notice in the mail, I am wondering if it is worth keeping the membership. My basic membership costs $62 + GST and though I have been renewing for years without a second thought, I don’t use [...]
Tags: Canadian Interest · Consumer
2Q-2006 Report Card
July 3rd, 2006 · 1 Comment
The Sleepy Portfolio, a well-diversified portfolio that I use for benchmarking my returns had a rough quarter, falling 4.27% from the previous quarter. Every single asset class (bonds, equities across all geographies and REITs) finished down for the quarter.
According to MS Money, our personal portfolios did not fare too well either, sliding down 7.4% during [...]
Tags: Investing · Sleepy Portfolio