I must confess that I am getting a little worried about you
and everyone else that is reading this email. I believe the
stock market is going to continue to rally a bit more here.

It may go up another month or two or three in fact.

The S&P 500 closed at a new all-time high the other
day.…

I just got off the phone with my mom, 84 year old retiree and widow who fortunately has more sense than half the investment bankers in the Canada. She only invests in fixed income, government guaranteed bonds and occasional GICs or blended equity products but only if her investment principle is guaranteed.…

“I tried to figure out what made a public company different.

Here is what I came up with — the central bankers of the world, all acolytes of Keynes, have decided that it is the P in PE that brings wealth when we all know, as business people, in a normal environment it is the E.

I see this statement all over the place when I read stock market blogs, info products, etc. that the stock market is a “zero sum” game, that for every trade there is a winner and a loser. This certainly seems the case today, where all market participants are obsessed primarily with the price action of a stock over ever smaller time frames.…

I was just flipping through the channels the other day checking the weather on the TV  and as I surfed past the Business News Network I overheard one of the talking heads talking up some blue chip stock with a paltry dividend and punctuating her commentary with “so with the dividend you’re getting paid to wait” and I thought “Waiting for what?…