Recent Buy

Recent Buy: CLF, BNS and RY

Buy Low and Sell High is a great investment tenet. One of the biggest dilemmas with this investment doctrine, is when markets are down, it doesn’t always mean you have the funds to invest. Case in point, in May 2012 the TSX hit its 52 week lows. Although I have no way to know where market tops or bottoms are, I would love to have bought into some great stocks at that time. If I am already fully invested, and don’t have any investment capital, then it really makes no difference whether markets ...

Continue Reading →

Bank of Montreal

Recent Buy: Bank of Montreal (BMO)

The markets continued their decline this week, with the TSX breaking below the psychological 12,000 level. Although the losing streak appeared to take a turn upwards on Wednesday morning, many investors are still remaining on the sidelines.   Whether the markets will continue to decline in another sell-off, or continue on another Bull Run is anyone’s guess. When markets dip, it’s an opportune time to buy shares of companies on your watch list, or top-up current holdings. Having sold my index ...

Continue Reading →

Are Canadian Banks Overvalued?

It seems these days that caution has been thrown to the wind, and investors have been looking for higher yields and even better returns on investment.  With blue chip stocks paying dividend yields higher than government bonds and some corporate bonds, it’s no wonder dividend stocks are the flavour of the month.  A lot of attention has been centered on the Canadian Banks lately, and with yields of 3.5% to 4.7%, these stocks are looking attractive to investors.  But with three of the six big banks ...

Continue Reading →