Goldman Sachs has revised up its expectations of an escalation to U.S. trade wars with China and Mexico.
— Read on www.msn.com/en-ca/money/topstories/goldman-sachs-is-predicting-an-escalation-of-global-trade-wars/ar-AACjEXx
Category: Blog
Illinois becomes 11th state to legalize recreational pot – Article – BNN
Illinois becomes 11th state to legalize recreational pot – Article – BNN
— Read on www.bnnbloomberg.ca/illinois-becomes-11th-state-to-legalize-recreational-pot-1.1267095
Global recession fears grow as factory activity shrinks – Reuters
Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to roll out more stimulus.
— Read on www.reuters.com/article/us-global-economy/global-recession-fears-grow-as-factory-activity-shrinks-idUSKCN1T40EI
Everyone still relies on a stock’s P-E ratio to invest, but a study shows it’s bunk
Evaluating the price-to-earnings ratio is a deeply ingrained practice for investors. But it isn’t a metric that delivers positive results.
— Read on www.cnbc.com/2019/05/31/everyone-still-relies-on-a-stocks-p-e-ratio-to-invest-but-a-study-shows-its-bunk.html
Bitcoin emerges as the big winner this month in the financial markets, soaring nearly 60%
Bitcoin is closing out the month near $9,000 — a more than 68% rally from May 1.
— Read on www.cnbc.com/2019/05/30/bitcoin-emerges-as-the-big-winner-this-month-in-the-financial-markets-soaring-nearly-70percent.html
Here’s why China’s trade war threat to restrict rare earth minerals is so serious
About 35% of global reserves are in China, the most in the world, and the country is a mining machine, producing 70% of total rare earths in 2018.
— Read on www.cnbc.com/2019/05/30/heres-why-chinas-trade-war-threat-to-restrict-rare-earth-minerals-is-so-serious.html
Infographic: How Different Generations Approach Work
Summing up the differences in how generations approach work, including on topics such as communication, motivation, and employer loyalty.
— Read on www.visualcapitalist.com/generations-approach-workplace/
Building a Simple Bond or GIC Ladder for Retirement
How to build a Bond or GIC Ladder is a simple three step process.
- Decide the amount of money to put into a Bond or GIC for the longterm $50,000, $100,000, $200,000 etc.
- As longterm interest rates are on the upward trend decide on what increments to invest in, 3rds, 4ths, 5ths.
Example: Intial Investment $50,000 (Split over 5 years equally)
Year 1 – $10,000
Year 2 – $10,000
Year 3 – $10,000
Year 4 – $10,000
Year 5 – $10,000
At Year 6 reinvest Year 1 into a new Bond or GIC, and keep repeating as each Bond or GIC needs to be renewed.
- The benefits paying taxes on only one-fifth of the interest earned on the Bond or GIC and protecting oneself as interest rates rise (positive) or as interest rates decrease (negative).
Author – Sam Latella – copyright 2019
How to Build a Dividend Income Stream
Building a dividend income stream is quite simple and can be done by any investor with an interest in investing and learning.
The five essential investing steps are below.
- Market Timing – Even though it is difficult to time the market. The basic timing is knowing when the economy is in a recession. Investor psychology is at an all time low. The stock market at this time is filled with many opportunities of good valuations on stock prices.
- Segmenting the most important 11 sectors – Understanding the 11 most important sectors and finding the five largest companies listed on the stock market by market share, sales, and profit. The research should result in a listing of 55 companies or stocks to possibly invest in.
- Dividend Payers – Chose the top two in each of the 11 sectors and are dividend payers from the above 55 companies. The analysis should result in a list of 22 companies or stocks to invest in.
- Diversification – Begin purchasing those shares in each sector in increments of 25, 50, 100 shares or more at a time.
- Dividend Income Stream – List the dividend payment dates on a calendar to create a monthly dividend income stream from the stocks that have been purchased.
The benefits of doing this on your own 1. no extra fees only the one time purchase of a brokerage fees. 2. Diversified Portfolio. 3. Dividend Income Stream created. 4. Dividends are more Tax efficient. 5. Buy and hold strategy created for the longterm.
Author – Sam Latella – Copyright 2019
‘Don’t say we didn’t warn you’ – a phrase from China signals the trade war could get even worse
The biggest Chinese newspaper made a warning to the U.S. using a phrase it only used twice in history, both of which involved full-on wars.
— Read on www.cnbc.com/2019/05/29/dont-say-we-didnt-warn-you—a-phrase-from-china-signals-the-trade-war-could-get-even-worse.html