December 2008

Happy Holidays to all

Posted by on December 18, 2008 in Misc.

I wanted to end this year’s blogging activities with a few words of thanks and a random thoughts. First and foremost, a thank you for all of you readers for reading, subscribing and commenting.  This blog tripled its subscribers over the year. Thus, thank you to all of you for spreading the word. A separate [...]

Things I learned this year

Posted by on December 17, 2008 in Misc.

As my second last post of the year, I wanted to share some of the things I learned this year about personal finance and life. It sure has been a crazy year with a lot of learning experiences to be sure. Personal finance lessons are life lessons and vice versa. People tend to separate their [...]

Top 10 Investing Mistakes

Posted by on December 16, 2008 in Uncategorized

This week is my last week of blogging for the year. I am taking the last two weeks off to, well, do nothing really. Sometimes getting couch ass is good for the soul. I wanted to spend the rest of the week as a year-end wrap-up beginning with the top 10 investing mistakes as so [...]

The return of the investment discount for DRIP’s?

Posted by on December 15, 2008 in Dividends

As reported by Money Gardener, the power utility Fortis announced it increased its dividend 4% last week, proving that financial news is not all bad news recently. Of  equal significance, Fortis also announced that it is implementing a discount of 2% on the purchase of common shares issued from treasury on its dividend reinvestment plans [...]

BCE deal is dead: quick and dirty thoughts

Posted by on December 11, 2008 in Investment Information

As almost an epilogue on the closing of the age of financial excess, the largest proposed privatization in history is now officially off since BCE (aka Bell Canada) could not meet the solvency test (i.e. the company would not be solvent after the privatization given the newly incurred debt load created by the deal combined [...]

Fortis: welcome to the future?

Posted by on December 10, 2008 in Uncategorized

Fortis Inc. (not to be confused with the merchant bank of the same name) is a publicly traded utility with gas and electricity plants across North America.  As with most utilities, its profits are predictable since the rates they can charge customers are mostly regulated and it sells a good which is a necessity of [...]

One family’s personal finance tale: year-end round up

Posted by on December 9, 2008 in Mom2KG Columns

My favourite columnist, Mom2KG, wrap up her year of blogging with a summary of what her family has learned about investing this year. We are also happy to announce that she is returning in 2009 to continue to share her story with us (I need a better brand for this column though. Thoughts?). Without further [...]

Waiting is an action but ignorance is not

Posted by on December 8, 2008 in Investment Strategy

My Dad just recently retired and, with that, he’s educating himself on personal finance as his new hobby. My Dad has been very good on reading up on things, asking me for back-issues of Moneysense magazine, picking people’s brains etc. I most likely got my love of bank stocks from my Dad; his advice to [...]

Is the price of oil too low now?

Posted by on December 4, 2008 in Misc.

In May, I mused that the price of oil was too high. With the price of a barrel of oil just below $47 USD, is the price of oil now too low? The theories of why oil has fallen are pretty clear: the economy is slowing down and this is resulting in lower demand. But [...]

Give your boss confidence: write it down and repeat…

Posted by on December 3, 2008 in Jobs

I have had a series of employees that do the same thing that annoys me. When I ask to see them to give them instructions, they come to my office without anything to write on. It frustrates me to no end since what ends up happening is that they forget half of what I ask [...]