We’re half-way through the year and so I thought it would be a good time to check back into my ROBO portfolio to see how it’s doing and if there is anything interesting going on. Three and half years ago I decided to try an experiment and find out for myself. I setup an account with one of the big Robo Adviser firms and invested $5000 of my own money into it. My goal was to go through the process and blog about my experience and more importantly, the results. I said that we need a good five years to really get a handle on how effective these services are compared to traditional wealth management services. Well, we're coming upon the 4th anniversary of my ROBO account, so let’s take a look at how it’s doing at the mid-year mark.Read More
This is the third and last in a series of episodes where I walk through my investment decisions I made in March. In this post, I share my thought process that lead me to buy shares in Southwest Airlines.Read More
This is a bit of a rant post. Another annual Real Estate Wealth Expo has made its way through my home town. This year some serious star power was on display. Baseball players, Pop Musicians, and Dragons were regaling attendees and their slightly open wallets with tales of how to escape the rat race and live the 6-49 lifestyle. People leaving these events usually seem to feel they are on their way to financial independence or at the very least got a good cardio workout. Unfortunately the whole thing is a scam. My rant is not about the concept as Real Estate Expos like this are just the latest iteration of get-rich-schemes that prey upon the gullible. What got me concerned was the response by people, especially on social media.Read More
In Part 1, I shared my investment decisions to buy more shares in stocks I already owned as well as my decision to sell a portion of my short position on the S&P 500 index. During February I also took advantage of the pullback in share prices to add a few new stocks to my portfolio as I felt they had now become attractively priced. I will share my evaluations for each stock, all of which involve answering the 8 questions, I ask each time I am analyzing a stock. My first new stock that I added was Walmart.Read More
Three years ago I decided to try an experiment. I setup an account with one of the big Robo Adviser firms and invested $5000 of my own money into it. My goal was to go through the process and blog about my experience and more importantly, try to find if using this type of service can generate better returns than if I did it myself or used a traditional adviser. I said that we need a good five years to really get a handle on how effective these services are compared to traditional wealth management services. Well, we’ve now crossed the 3-year anniversary of my ROBO account, so let’s take a look at how it’s doing now.Read More
While my core investing ideology revolves around buying quality businesses, I also try to structure my portfolio to have exposure to certain business themes that are evolving in business. In the past, I've developed themes in the areas of water stocks, luxury/discount retail stocks, and even investing in a world of Trump. We live in a time where having the most market share does not necessarily translate into being the leader in the market. Market share is nice but if you can control the distribution channel in how products are accessed by customers, you can build a durable competitive advantage, which is something Warren Buffet loves. If you wanted to sell a product in a retail, you would need to go through the gatekeeper who would charge you a fee to get into their operating system (OS) or ecosystem. Traditionally that would have been a department store or some kind of physical retail store in a mall. This is changing. The distribution channel in the 21st century has become online. The Internet.
Whoever can offer a compelling online platform/ecosystem/operating system will have a durable competitive advantage as consumers will stick to and out of convenience be loyal to an operating system and the stock market will put a premium on those companies that own the OS for a specific sector or industry.
I set out to try to figure out who the next great stocks are or could potentially be the companies that will own the OS for the Pillars of Companies I often refer to when I try to figure out what stocks to buy.Read More
One of the values I feel strongly about as an investment coach is that I practice what I teach…and be transparent about it…good AND bad. It’s one thing for me to coach people how to make better decisions and develop and teach courses on how to buy and sell stocks and ETF’s. It’s another thing to model the behaviour. Throughout the year I’ve shared and tweeted (#trade2017) with you the investment decisions I’ve made throughout the year. Well it’s that time of the year where we set scroll down the page and see what I what I did right and more importantly what I did wrong…and did I gain any insights that will help me become a better investor?Read More
As we begin a new year, we get blitzed by Wall Street and Bay Street money "experts" and soothsayers with variety of predictions and forecasts of where stock markets, economies, and interest rates will be heading. Then...nothing. No follow-up to see if these people actually have the chops to predict the future. I always like to roll back the tape to see how those predictions panned out.Read More
November brought more daily records for the stock markets around the world. The Dow Jones Industrials has not posted record closes over 60 times this year. There still hasn’t been a 1 percent change in daily stock prices this year and every month has posted a positive return this year.
Everything is awesome, but when I see these extreme levels of optimism, I start going through my portfolios and see if it may be time to bank some profits off this euphoria. I was faced with several crossroads type decisions with some of the stocks I owned. Should I sell or should I continue to hold on and squeeze more profit? Here's is my list of my decisions I made along with rationale.Read More
October was pretty active month for investment decisions. As the market continues to surge, I ended up taking a fair bit of investment decisions. Because of this I had to break up this post into several smaller posts. In Part 1, I share my thought process I was going through with several investment decisions involving controlling losses.Read More
In the next couple of posts I share my thought process that went into my decisions to add a couple of new stocks to my portfolio. For those who have followed my blog and have taken my investing courses, every stock I analyze I try to answer the following eight questions that usually gives me a pretty good idea if I want to buy or avoid a stock.Read More
As we cross the mid-pole mark in 2017, it seems like a good time to check in on my Robo Portfolio that I created two and half years ago. For those jumping on for the first time, I wanted to try to find out if this new type of investment service which was taking the industry by storm a few years ago does any better job of creating wealth for investors compared to the traditional methods of investing (i.e. Do-It-Yourself or having a professional manage your money on your behalf).Read More
I made a couple of investment decisions in April, one building upon previous posts where I’m trying to figure out where to put money in the Mad King world we live in right now. The other decision was a sell decision that was a bit of surprise.Read More
From time to time something happens to my investment decisions.Read More
Two years ago I decided to setup an account with an online wealth management company that manages portfolios using algorithms and computer code. Over those two years I have blogged about my experience using a robo adviser and more importantly the results. Here is my update as we cross the two year mark.Read More
I wasn't really planning to make too many moves in December but the market thanks to Donald Trump's animal spirits was in a rather euphoric mood. I suddenly found some of the stocks and ETF's I owned were generating very solid returns and I had to make a decision to keep riding the wave (is the wave sustainable?) or bank some profits. It turns out I did a little of both.Read More
Throughout the year I’ve shared and tweeted (#trades2016) with you the investment decisions I’ve made throughout the year. Well let’s take a look and see what I did right and more importantly what I did wrong…and did I learn anything from it?Read More
As we embark on a new year, I thought I’d close the doors on 2016 and reflect on a very eventful year for myself and my practice and share some initiatives we're planning for 2017.Read More
Despite the incredible amount of uncertainty the election created, I continued to stay true to my investing ideology and look for opportunities. At the same time, I was faced with several selling decisions. As November evolved, several opportunities did emerge. I opened positions in 3 stocks which I will share in subsequent posts over the next few weeks. In this post I review my sell decisions.Read More
In June, the Canadian dollar popped back up over $0.78/US level so I decided to take the opportunity to add to some existing US positions to average down the costs in the early part of the month.Read More