Outlook for September 2017

Is there anything that will make investors falter during these times? The market seems to be resilient to any/all bad news that comes its way as things are brushed aside and the march to new highs continue. However, there is no dearth of major issues on the horizon, with margin accounts sitting at record, auto-loan delinquencies piling up, household debt load skyrocketing, pensions debacle starting to unwind, US debt-ceiling on track to hit in late Sep/early Oct and many many more. 
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How to Double Your Stock and Mutual Fund Investments

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Tips For Doubling Your Money With Stocks And Mutual Fund Investments

While having a job may pay your bills for the time being, it is not an absolute way to ensure you will have a good financial future. There are only so many hours to work each day and when we simply trade time for money we will never be able to get the financial success we crave. To get ahead and prepare for a sound financial future, you need to put your money to work for you in investments. There are many ways to invest that are both short-term and long-term. If you want to try and double your money within a year or two, below are some tips for doing so.

Smart Investing

To begin, we should start with liabilities. These are items that we spend money on each month that do not generate any sort of income for us. These can include your biggest assets such as your home or car. While a home is a good asset to have, many people get confused about what an asset truly is. If you are still paying your home, it is not truly an asset yet. Assets are items that you own that are worth money but you are not paying money towards it. If you rent out a home that you own and earn an income from it, that is considered an asset.

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What You Should Know About Bitcoin

The following is a guest post

All of a sudden, Bitcoin seems to be one of the hottest topics in investing. It’s not exactly new because it first emerged several years ago and has been gaining attention and influence ever since. But in the last 12 to 18 months people certainly seem to be starting to take it more seriously. Specifically, some are starting to address the idea of buying Bitcoin to fund retirement.

Whether or not this is a good idea isn’t a question you can answer by reading one article. Like most any other type of investment, buying Bitcoin carries some risk, and it shouldn’t be done lightly. But Bitcoin should be evaluated at least, given its growing significance both as a currency and a commodity. Given that, here are a few things you should know about it.

What Is It?

If you’re not sure about the answer to this question, don’t worry. A lot of people are still a little unclear on the details. Bitcoin is a complex concept, but not one that’s necessarily difficult to grasp. Basically, it’s a brand new currency that exists solely in digital form. There’s a finite amount of Bitcoin that can be generated (only 21 million), and it’s initially acquired via a mathematical “mining” process. But most people don’t really need to know about that part. What you need to know is that once it’s been mined, Bitcoin is out in the world and can be traded and stored as digital wealth. You can literally buy it with your own currency and use it to purchase goods and services at participating merchants. Or, if you wish, store it away on a safe digital platform as an investment to be sold later.

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2 Recent Buys – NSU, WPM

BuySell

Another quick update on a few recent purchases. This market is giving some great buying opportunities in the resource sector and I continue buying and adding more to my portfolio.

  • I added to my position in Nevsun Resources (NSU). For this particular transaction, I put my US$ to work as I had more US$ cash in my investment accounts, but for all reporting purposes, I will simply include the TSX-listed entity in my portfolio page. I bought 1,000 shares of Nevsun Resources (NSU) @ US$2.13. Nevsun is a top tier copper producer and has interest in two massive mines, one in Serbia (Timok) and the other in Eritrea (Bisha). The latest earnings release painted a bleaker picture for Bisha than expected, and timelines have been revised to later dates for Timok. The company also has a new CEO and it is clear that the previous leadership was sitting on these problems for too long hoping to sweep things under the rug. The new CEO has decided to rip the bandaid off and set things in motion by taking the right steps. The company still pays a paltry dividend, but I expect that to get cut in the coming days. Better to save the cash and put it to better use than distribute it to shareholders. The shock sent the stock price down 20%, and it was the perfect opportunity for me to load up. As is the case with the resource sector, the mines and resources are still there, and investors are being too shortsighted for a project the scale of Timok, which is a fantastic tier-1 resource.

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Investing in Green Bonds with CoPower

I have always been intrigued with investing in renewable energy. A couple of years ago, I looked into installing a rooftop solar system to generate passive income by selling the generated power to the grid during on-peak hours. However, after some researching, it turned out that the initial investment was quite steep (approx. $30,000) and the generated returns were not sizeable enough to warrant it. In addition, there is no way to shelter the income from taxes, so I dropped the idea after some serious consideration.

Equity Space in Renewables

Over the last year or so, I started researching yieldcos – spinoffs from utility companies, which focus on the renewable space. There are plenty of such companies, which provide juicy yield in the market such as Brookfield Renewable Partners (BEP), TransAlta Renewables (RNW.TO), NextEra Energy Partners (NEP), 8Point3 Energy Partners (CAFD) to name a few. Analyzing these companies financially, I concluded that most of them are heavily debt-laden and provide immense risk as far as the principal goes, while searching for that high yield. This is the risk that comes with investing in equities and instead of investing in each individual company, if I was looking for equity investment, I’d rather look for a broader ETF – YieldCo Index ETF (YLCO) is the only one I am aware of that specializes in this space giving exposure to the sector.

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