an rrsp
We advise you to limit investing in gold to gold mining stocks, but if you wish to hold gold or silver in your RRSP, here’s the best way.
Formulating a good financial plan forces us to take a good look at the present—and the future.
Make the best use of dividends for a strong, fast-growing portfolio—our free report is the complete guide to successful dividend investing.
Every investor has to live with all-too-human tendencies that influence our decision-making. You have these tendencies for a reason, but sometimes that reason works against your investment goals. To succeed as an investor, you need to recognize these tendencies, and take control of them. Reaction to danger. This is one of the oldest human tendencies. It goes back to the millennia that our ancestors spent on the African savannah, hiding from saber-toothed tigers and other megafauna, not to mention marauding neighbours. To stay alive, we learned to keep a constant eye out for danger, react quickly, and run fast at the first sign of trouble. False alarms were frequent, of course. But the odds favoured running at any hint of risk. If we ran, we stayed alive, and at times we happened upon a new berry patch, a bird’s nest full of eggs, or a small rodent for our next meal....
You may be surprised by the income producing investments that work best with RRSPs
25 investment terms every investor should know—from Aggressive investing to Warren Buffett
Offshore investing may seem like an attractive option to lower your taxes, but you need to be aware of the risks.
An RRSP meltdown strategy sounds like a great way to collapse an RRSP without paying taxes—but in reality it’s a lot riskier than it sounds.
In last Friday’s Wall Street Stock Forecaster Hotline, we analyzed the great results that McDonald’s Corp., $111.55, symbol MCD on New York (Shares outstanding: 941.8 million; Market cap: $105.7 billion; www.mcdonalds.com), reported for the three months ended September 30. It was a standout quarter, particularly compared to the weak results that many companies have reported this year.
The first media comment we saw on these results took the view that the stock had gone up enough to offset the improvement in its results. The investment reporter quoted what he called “cynical observers” who said “there was almost no way but up” for the stock. These observers pointed out that McDonald’s had trailed the market by 62 percentage points during a recent three-year period, and that the company had only registered growth in global same-store sales in one quarter out of the past seven.
The statistics in the last sentence are true. But when you analyze a stock, you can come to a wide range of conclusions, depending on the breadth of data you choose, and the beginning and end dates of the periods you look at.
McDonald’s stock price rose from pennies per share (adjusted for stock splits along the way) in the 1970s to a peak of $45 in 1999. Like a lot of high-quality stocks, it suffered in the first few years of the new millennium, and fell to as low as $12 in early 2003. Then it began another monumental rise.
It sailed through the 2008-2009 market downturn with barely a scratch. It hit an all-time high of $67 in August 2008. The following month, the U.S. federal government took control of mortgage giants Fannie Mae and Freddie Mac, and Lehman Brothers filed the largest bankruptcy case in U.S. history. McDonald’s fell on this news like the rest of the market. In October 2008, it hit $46, an 18-month low. The stock then resumed its rise and hit $100 in October 2011.
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The first media comment we saw on these results took the view that the stock had gone up enough to offset the improvement in its results. The investment reporter quoted what he called “cynical observers” who said “there was almost no way but up” for the stock. These observers pointed out that McDonald’s had trailed the market by 62 percentage points during a recent three-year period, and that the company had only registered growth in global same-store sales in one quarter out of the past seven.
The statistics in the last sentence are true. But when you analyze a stock, you can come to a wide range of conclusions, depending on the breadth of data you choose, and the beginning and end dates of the periods you look at.
McDonald’s stock price rose from pennies per share (adjusted for stock splits along the way) in the 1970s to a peak of $45 in 1999. Like a lot of high-quality stocks, it suffered in the first few years of the new millennium, and fell to as low as $12 in early 2003. Then it began another monumental rise.
It sailed through the 2008-2009 market downturn with barely a scratch. It hit an all-time high of $67 in August 2008. The following month, the U.S. federal government took control of mortgage giants Fannie Mae and Freddie Mac, and Lehman Brothers filed the largest bankruptcy case in U.S. history. McDonald’s fell on this news like the rest of the market. In October 2008, it hit $46, an 18-month low. The stock then resumed its rise and hit $100 in October 2011.
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You are never too old to have a long term investing strategy