Invest Skeptically

According to Wikipedia, “in Greek mythology, the Sirens were sea nymphs who lured sailors to disaster with their enchanting singing.” Now they just hang out naked on cups of Venti nonfat half-caff soy lattes.
Starbucks presented their 2008 Q1 earnings tonight. Revenue was up 17.5% to $2,767.6 million and earnings were up 1.5% [...]

[Read more →]

Jonathan Chevreau writes about Dennis Gartman’s presentation at the Toronto Financial Forum on his blog. He reports how the “veteran trader and newsletter publisher” urged investors to “buy what’s already going up, and to sell investments that are going down”.
“[Gartman] also suggested that even top traders like himself will be wrong 60 to 80% [...]

[Read more →]

I found this tax rate calculator on the Morningstar.ca website.  I like the fact that it shows you your “Average Tax Rate”.

[Read more →]

ING Direct Canada has launched its Streetwise Fund:
ING DIRECT is once again challenging the high fees Canadians pay for investing and bringing diversification at a low cost to the masses with the launch of a new index-based mutual fund called the Streetwise Fund. The Streetwise Fund is a diversified balanced fund which incorporates several [...]

[Read more →]

Last week’s post was about searching for US SEC filings on US companies. Today’s post provides the equivalent Canadian information. Public filings for Canadian companies can be found using the search database tool on the SEDAR website. The website is not as user-friendly as the EDGAR site because the filings aren’t coded [...]

[Read more →]