This and That: Dividend Investors, Financial Advisors and more…
Lessons for Dividend Investors
The Globe and Mail’s John Heinzl wrote a column on the seven lessons he has learned as a dividend investor. We could quibble about some of the points but most of the points apply to all intelligent investors.
Who is a “Financial Planner”?
This article in the New York Times explains the difference between brokers who only have to satisfy the “suitability” standard and true financial advisors who are held to the “fiduciary” standard.
Buy European (stocks)
The economic crisis in Europe is no reason to avoid European stocks. In fact, since the crisis has depressed prices, this may be a good time to go shopping for European stocks, says this SmartMoney article.
Other interesting reads
Fortune magazine recently released its list of the biggest companies in the world ranked by revenue. It is astonishing to see the increase in the number of Asian (mainly Chinese) companies that made the Fortune 500 over the past decade. Canada currently has 11 companies in the list.
In an interview with CNBC’s Squawk Box, Warren Buffett says that while US housing is picking up, the rest of the economy is slowing down. He also says that in the last couple of months, “things have started to slip pretty fast” in Europe as well.
The Globe and Mail’s Tim Cestnick explained some of the basic rules that need to be satisfied for an investment to be interest deductible.
Rob Carrick says that a slow decline in home prices isn’t such a bad thing after all.
The National Post’s Gary Marr cautions against fibbing on the insurance policy application.
SmartMoney magazine offered an interesting peek into the work day of a professional trader.