So who knew!? Defensive stocks were purchased last year to protect against a potential market downturn, but the train kept chugging up the hill in our low-interest-rate environment and the equity market benefited. These are 5 Defensive Canadian Stocks I purchased in 2021, and I still own all of …
Investing
TOP 10 MOVIES ABOUT THE STOCK MARKET & INVESTING
It's time for more of a fun post - my Top 10 Stock Market Movies! Not only are these films thoroughly entertaining, but they're also surprisingly educational. These stock market movies span a few decades and cover everything from big classics you've undoubtedly heard of to more obscure …
Investment Musings & Why I Wish I Planted a Lemon Tree
It's a small inconvenience, but I still have the unsavoury task of having to buy lemons at the grocery store. Let me explain... A few years back, I became more enthralled with unique plant species you wouldn't usually find in our region, floral and leafy displays that would spark interest and …
Why Non-Fungible Tokens are Worthless Garbage
Non-fungible tokens or NFTs are the latest craze in the world of cryptocurrency, Ethereum and digital trading. I really thought we had reached peak insanity when Bitcoin prices hit $50,000 USD, but it looks like I was wrong again! Welcome to the nuthouse! If the crypto space wasn't confusing …
$140 Billion in Bitcoin are Lost at the Bottom of the Ocean Forever
Did you know as much as 20% of all Bitcoin are possibly lost forever? They're as good as gone. To the bottom of the ocean. Bitcoin is a hot topic these days and was the recent subject matter on an episode of the popular Canadian financial podcast, the FI Garage. I decided I would offer to …
5 Defensive Canadian Stocks I’m Buying in 2021
Canadian stocks, or those listed on the TSX, have lagged the overall market in the past few years. So why on earth would I sacrifice potential growth by purchasing a bunch of defensive Canadian stocks? The pandemic has dealt the economy a severe blow in many sectors. Yet, the stock market has …
GameStop / AMC / Dogecoin FOMO – How to Recognize Manias & Avoid Risk
Get Rich Quick or Die (Financially) Trying Manias come and go - usually quickly. This past week has seen the subreddit "WallStreetBets" come under the spotlight. This primarily resulted from a successfully organized (and rather unique) short squeeze opportunity on GameStop shares, a struggling …
EQ Bank Review 2021 – High Interest Savings Accounts, But Is there a Catch?
We all want our bank account Savings to climb a little higher these days, right? Well, what if I told you that you could earn 0.15% on that money? Are you excited yet!? I'm not. I keep a few different savings accounts, and with the current Interest rate environment, the interest rates on …
Canadian Lumber Stocks just got Interesting
The Canadian softwood lumber players have hiked their way through some exceptionally dense brush over the past year and a half. The combination of sawmill closures and curtailments have been the ongoing storyline due to a number of factors, many out of the industry's control. Factors including …