As we finished January it looked like the stock market could do no wrong. Investors were all-in on stocks. Investor sentiment was downright giddy. Cash positions were at generational lows. Everything was awesome.
Then the great stock market seizure of 2018 arrived.
For me it was shopping time. I was looking to buy back into some broad market ETF’s but the price falls were not deep enough to justify. So I’m happy to wait. As bad as watching the markets go down 1000 points, the reality is it only represented a 2-4 percent drop. Put this into context, on Black Monday in 1987, the Dow Jones Industrials went down over 20 percent. THAT is a crash. What happened in February was a flesh wound…if that. Context. I had my list of stocks and it was just a matter of jumping on the one’s that were taking a big time beating. A few did pop up and I jumped in.
I made quite a few moves and so I decided to break them down into a series of posts. In Part 1, I’ll share the decisions involving buying more shares of stocks and ETF’s I already own as well as selling. In Parts 2, 3, and 4 I will share my thought processes that went into buying some new stocks. 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
We start a new year with hope that the investment decisions we make will lead to positive outcomes, hopefully this year, but if not then at some point in the future. The year has started off with a bang as the markets around the world have surged and continue to set records. This month I did not add any new positions, but added to existing positions 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
I'm always keeping my eye on the luxury retail space looking for opportunities to jump in when a company is facing a lull. Even when they are on a down cycle, luxury retailers still manage to create tangible wealth, which to me shows how strong they are. So in the past month, Nordstrom entered my radar screen as there were some significant events that had taken place. Read More
This past month I made a couple of decisions both involving iconic brands. One to buy some more stock in the House of Mouse and the second was to buy some shares of the Swoosh. Read More
UPDATE: Since I posted my original list in 2016, I’ve made about another 20 iterations of buying selling stocks and/or ETF’s. As result, I’ve updated my Last 100 List and this blog post to include these latest iterations. The numbers below are now updated.
The cornerstone of my investment coaching practice is to teach and mentor people to make better investment decisions as it pertains to the buying and selling of individual stocks. It’s one thing to teach this stuff. It’s another thing to model the behavior and it’s a totally different thing to actually demonstrate tangible results. Read More
This month I continued to take advantage of the strong Canadian dollar versus the US dollar and add to some of my existing positions. Read More
With the Canadian dollar increasing in value by just over 10 percent recently, I decided to do a little cross boarder shopping in July and increase some of my US stock holdings. At the same time, I used the stronger Loonie to add some new stocks to my portfolios. Read More
June brought a month of decisions on whether to hold or sell a few positions in my portfolios as they had crossed my personal return threshold. 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
A lot of times in investing, opportunities and times for action don’t happen on schedule. They just happen and you have to be ready to execute. That is the great benefit of having an investment ideology and The List of companies you’ve done your homework on and are ready to buy if the price is attractive enough and the fundamentals of the business haven’t changed from when you were evaluating the company. This past month a few opportunities popped up that allowed me to jump on right away. 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
After a quiet month of February where I made no investment decisions, I decided to take on a few actions for March. Read More
From time to time something happens to my investment decisions. Read More