A trading tax may indeed reduce high frequency trading, but a 2% tax is way too much. Buying stocks and bonds is not done once every 5 to 10 years like real estate; most people invest once every month or six. Guys like me do a transaction once every week or two. As such a 2% tax would be a...

Here we go again! The Dow has outperformed the TSX this year so far (as I predicted early in the year - puff, puff). Commodities and commodity based stocks have underperformed this year and so have Canadian banks; hence the TSX's poor performance. But the summer correction may be over and...

Park Insurance

No you have to report your investment sales in the tax year you make them - regardless whether they resulted in a loss or in a gain. But capital losses may be used to offset other capital gains not only in the current year but they may also carried over into past and some future years as well...

Hi Rick, Just spending a view minutes on-line and noticed the discussion on retail stocks, in particular smaller cap retail stocks. The financial numbers of such stocks may seem to be good, but their small size also makes them higher risk. I do not necessarily mean their price volatility...

We all fear as Thomas and others, including myself admit. Fear is good as it cautions you to do your due dilligence or it prevents you from an investment that is inappropriate for you at the time. That does not mean that fear should parallize you and make you stop investing. Sometimes...

Hi Adam and Thomas, My unretirement career is busy and it takes some getting used to it again. This week, I enjoyed a small vacation in low-season San Fransisco. My wife and I had a great time. Next week there is a geology course to teach and then back to the daily career, Jeff Rubin...

Oil is starting to play the role of interest rates when it comes to determining economic growth. A lot of things are 'chicken and egg' situations. For example, if inflation increases, then interest rates tend to increase, which would increase the financing costs of government debt (amongst...

Congratulations Nick, Keep up the great work. People can learn a lot from stories such as yours.

Heineken? Heaven forbid. My home town beer is Grolsch. In fact, I like Big Rock Traditional or Wild Rose Brewery beer made in good-old Calgary even better.

Thanks for the clarification and for the bubbly, which I am happy to share. A decent Riesling would also do; but although Belgian Beer is OK, in all modesty, I do prefer Dutch beer. :)

I calculate an average unit price of $98,000 for mostly 1 bedroom units. A single2-bedroom unit in that area, depending on its state goes for $90,000 (run down and dumped on market) to $130,00 (renovated with new state of art kitchen). Considering you are buying wholesale single bedrooms...

He Thomas, If you are so bullish on Canada, then why such modest appreciation expectations which are below the historic norm of around 6% for many Canadian cities? I am not talking about Tiger Wood Apreciation as in our recent past.