Comments on: Book Review: The Clever Canuck: Investing Made Easy http://www.canadiancapitalist.com/book-review-the-clever-canuck-investing-made-easy/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Book Review: The Investment Answer | MoneySense http://www.canadiancapitalist.com/book-review-the-clever-canuck-investing-made-easy/#comment-404741 Book Review: The Investment Answer | MoneySense Wed, 02 Feb 2011 14:07:31 +0000 http://www.canadiancapitalist.com/2007/01/22/book-review-the-clever-canuck-investing-made-easy#comment-404741 [...] Book Review: The Clever Canuck: Investing Made Easy [...] [...] Book Review: The Clever Canuck: Investing Made Easy [...]

]]> By: Phil S http://www.canadiancapitalist.com/book-review-the-clever-canuck-investing-made-easy/#comment-18423 Phil S Mon, 22 Jan 2007 23:24:01 +0000 http://www.canadiancapitalist.com/2007/01/22/book-review-the-clever-canuck-investing-made-easy#comment-18423 I'm usually automatically not a fan of any book by an author that recommends mutual funds. I usually only buy stocks of companies that have a high dividend yield, low P/E ratio and a history of increasing earnings. The history of increasing earnings isn't as important as the other two since I've gambled on some turnaround stories and some IPOs in the past. Almost every stock I've picked that meets those criteria has made me good money. So, it's been a no-brainer, but these days there aren't many companies that meet those criteria. Does that mean I should consider shorting? No, I'm way too chicken for that. Anyways, if there was a mutual fund with exactly the same criteria that I use for stock picking, then I'm all for that, but to the best of my knowledge, no such fund exists. As for bonds and interest rates, hindsight is always 20/20. The only thing I suggest is that if you are happy with that yield and don't mind "locking in" to it, then go ahead and buy the long bond. If the yield isn't enough to live on, then buy a T-Bill or some other short term security. For disclosure, the only long bonds I hold in my RSP are Real Return Bonds, otherwise the remainder of my fixed income portfolio is in T-Bills or 30-day cashable GICs with 1-yr terms. I’m usually automatically not a fan of any book by an author that recommends mutual funds. I usually only buy stocks of companies that have a high dividend yield, low P/E ratio and a history of increasing earnings. The history of increasing earnings isn’t as important as the other two since I’ve gambled on some turnaround stories and some IPOs in the past. Almost every stock I’ve picked that meets those criteria has made me good money. So, it’s been a no-brainer, but these days there aren’t many companies that meet those criteria. Does that mean I should consider shorting? No, I’m way too chicken for that. Anyways, if there was a mutual fund with exactly the same criteria that I use for stock picking, then I’m all for that, but to the best of my knowledge, no such fund exists.

As for bonds and interest rates, hindsight is always 20/20. The only thing I suggest is that if you are happy with that yield and don’t mind “locking in” to it, then go ahead and buy the long bond. If the yield isn’t enough to live on, then buy a T-Bill or some other short term security. For disclosure, the only long bonds I hold in my RSP are Real Return Bonds, otherwise the remainder of my fixed income portfolio is in T-Bills or 30-day cashable GICs with 1-yr terms.

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