Comments on: Staying the Course http://www.canadiancapitalist.com/staying-the-course/ Helping you invest and prosper Sat, 11 Feb 2012 19:27:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Are you comfortable with your portfolio? http://www.canadiancapitalist.com/staying-the-course/#comment-132110 Are you comfortable with your portfolio? Wed, 07 May 2008 03:09:54 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-132110 [...] the reasonable course of action when markets are correcting is not panicking and staying the course, now may be the time to revisit your asset allocation in light of your reaction to falling stock [...] [...] the reasonable course of action when markets are correcting is not panicking and staying the course, now may be the time to revisit your asset allocation in light of your reaction to falling stock [...]

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/staying-the-course/#comment-104840 Canadian Capitalist Tue, 22 Jan 2008 23:58:30 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104840 The 75 basis points cut was a stunning move by the Fed. The interesting tidbit in the Bank of Canada rate cut announcement is that the bank expects inflation in Canada to be only 1.5%. More rate cuts are likely from our central bank and that should put a floor on the financial stocks. The 75 basis points cut was a stunning move by the Fed. The interesting tidbit in the Bank of Canada rate cut announcement is that the bank expects inflation in Canada to be only 1.5%. More rate cuts are likely from our central bank and that should put a floor on the financial stocks.

]]> By: Phil S http://www.canadiancapitalist.com/staying-the-course/#comment-104839 Phil S Tue, 22 Jan 2008 23:49:41 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104839 FJ. I just got home and took a look at my portfolio and indeed my interest sensitive stocks in the USA had a nice pop to the upside today. Interesting. FJ. I just got home and took a look at my portfolio and indeed my interest sensitive stocks in the USA had a nice pop to the upside today. Interesting.

]]> By: FourPillars http://www.canadiancapitalist.com/staying-the-course/#comment-104807 FourPillars Tue, 22 Jan 2008 21:20:20 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104807 I agree with FJ - the Fed cut made a big difference in the markets today (both US and Can.). My opinion is that nobody can predict the bottom. Mike I agree with FJ – the Fed cut made a big difference in the markets today (both US and Can.).

My opinion is that nobody can predict the bottom.

Mike

]]> By: FinancialJungle.com http://www.canadiancapitalist.com/staying-the-course/#comment-104800 FinancialJungle.com Tue, 22 Jan 2008 19:59:20 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104800 >>"Today the Federal Reserve had an emergency interest rate cut of 0.75% and it sent their markets tumbling. Hence, we’re not out of the woods yet." S&P500 would've been down ~5% yesterday, and losses would've extended another ~5% seeing all Asian markets opened in deep red territory on Tuesday morning. S&P500's 1.5% retreat, to me, is a significant rally. >>”Today the Federal Reserve had an emergency interest rate cut of 0.75% and it sent their markets tumbling. Hence, we’re not out of the woods yet.”

S&P500 would’ve been down ~5% yesterday, and losses would’ve extended another ~5% seeing all Asian markets opened in deep red territory on Tuesday morning. S&P500′s 1.5% retreat, to me, is a significant rally.

]]> By: Phil S http://www.canadiancapitalist.com/staying-the-course/#comment-104797 Phil S Tue, 22 Jan 2008 19:20:15 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104797 FP. It's Kevin O'Leary's philosophy and it's a news driven philosophy. If we get a piece of bad economic news on the business news and the market doesn't react negatively to it, then we're at a market bottom. Today the Federal Reserve had an emergency interest rate cut of 0.75% and it sent their markets tumbling. Hence, we're not out of the woods yet. Of course, it all depends upon whether you believe the analysts who say that Canada's economy has effectively decoupled from the USA or not. In my personal opinion, with the USA being Canada's biggest customer, when the US economy sneezes, then Canada's economy catches a cold. FP. It’s Kevin O’Leary’s philosophy and it’s a news driven philosophy. If we get a piece of bad economic news on the business news and the market doesn’t react negatively to it, then we’re at a market bottom. Today the Federal Reserve had an emergency interest rate cut of 0.75% and it sent their markets tumbling. Hence, we’re not out of the woods yet.
Of course, it all depends upon whether you believe the analysts who say that Canada’s economy has effectively decoupled from the USA or not. In my personal opinion, with the USA being Canada’s biggest customer, when the US economy sneezes, then Canada’s economy catches a cold.

]]> By: FinancialJungle.com http://www.canadiancapitalist.com/staying-the-course/#comment-104795 FinancialJungle.com Tue, 22 Jan 2008 19:13:58 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104795 After yesterday's buying spree, I don't have much dry powder left. I'll be done with one more deep correction. It's time to rebuild my reserve by brown bagging more often. :) After yesterday’s buying spree, I don’t have much dry powder left. I’ll be done with one more deep correction.

It’s time to rebuild my reserve by brown bagging more often. :)

]]> By: FourPillars http://www.canadiancapitalist.com/staying-the-course/#comment-104775 FourPillars Tue, 22 Jan 2008 17:11:42 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104775 Phil - when you determine when the exact "bottom" occurs, please let us know (after you do your trading of course!). Mike Phil – when you determine when the exact “bottom” occurs, please let us know (after you do your trading of course!).

Mike

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/staying-the-course/#comment-104767 Canadian Capitalist Tue, 22 Jan 2008 16:38:35 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104767 pessimist: Even at these prices, I believe emerging markets are overvalued. There will be plenty of opportunity to pick up VWO in the future when investors find out that there is extra risk in emerging markets and demand better valuations. yhat: Yes, I believe REITs are good value at this point. YMMV. pessimist: Even at these prices, I believe emerging markets are overvalued. There will be plenty of opportunity to pick up VWO in the future when investors find out that there is extra risk in emerging markets and demand better valuations.

yhat: Yes, I believe REITs are good value at this point. YMMV.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/staying-the-course/#comment-104766 Canadian Capitalist Tue, 22 Jan 2008 16:29:45 +0000 http://www.canadiancapitalist.com/2008/01/21/staying-the-course#comment-104766 Phil: I've never been good at picking bottoms but I am happy to invest some more when markets are falling like it did in Feb. '07 and Aug. '07. I wish I had known that if I had held off till now I could get cheaper prices. But we can't predict these things and it's funny to hear market analysts confidently predicting how investors should brace for further declines. Phil: I’ve never been good at picking bottoms but I am happy to invest some more when markets are falling like it did in Feb. ’07 and Aug. ’07. I wish I had known that if I had held off till now I could get cheaper prices. But we can’t predict these things and it’s funny to hear market analysts confidently predicting how investors should brace for further declines.

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