I’ve been going through a file I keep of newspaper clippings that remind me of worrisome issues in retail investing. This file includes things like my favourite Dilbert strip where Wally’s Financial Advisor recommends giving him 2% of his money and investing the other 98% in “things that sound good if you don’t look into [...]
Entries from June 2007
Invest Skeptically
June 10th, 2007 · 2 Comments
Tags: Advertisements · GICs · PPNs
Investment Bankers and Income Trusts
June 9th, 2007 · No Comments
This is another sorry tale of the aggressive underwriting that was rampant during the Canadian income trust boom.
Barry Critchley of the National Post wrote, Investors at loss to grasp revaluation Stephenson’s Rental premium questionable, on June 4, 2007. He reports on how Scotia Capital led the IPO (and subsequently Scotiabank provided debt financing to the [...]
Tags: Income Trusts
Income Trusts
June 7th, 2007 · No Comments
This is my first blog entry and I thought I’d be a good Canadian and talk about income trusts. I came across this great summary of what trusts are all about and the necessary cautions about how they were — and are — marketed (Warning: there are many broken links on that site).
For those [...]
Tags: Income Trusts