Another uninspiring week. The market only ended about 0.25% lower than in began. But that marks the fourth consecutive week of negative performance. Although the global economic outlook appears somewhat more stable than it looked a month ago, cash does
Last week, I wrote about client success, and whether or not that is the first priority of financial advisors. I based my thoughts around an op-ed piece in the New York Times by a director who was departing Goldman Sachs.
From market open on Monday to market close on Friday, the TSX lost 6.66 points. It’s basically even, but if you think it’s an omen, let me know in the comments. There’s no change in the stock market, but bond
The Facts (as of March 15, 2012) Share price: $37.12. Book value per share: $22.13. Market cap: $2.93 billion (large). Distribution: $0.18333 per month or $2.20 per year. Current yield: 5.9%. Debt/equity ratio:0.609. Payout ratio 63.8%. The Story Dundee’s portfolio
There is an anecdote that is sometimes shared about the investment industry. I have no idea whether or not this particular conversation ever took place, but it represents an important idea about the priority of client success. Once there was
The stock market had another negative week, down almost 2%. The good news, for me, is that my stocks have done better. I’m very glad that I owned real estate (XRE) this past week. All the other asset classes were
The stock market was down a little bit over the past week. Bonds and real estate had positive performance. The momentum of stocks continues to rise, and it nearing the crossover point where they will pull ahead of bonds. Much