A: Many thanks—it’s always a pleasure to hear from a long-time happy subscriber!

I’ve heard good and bad things over the years about investment clubs. First off, you need to keep in mind that the term “club” can be misleading. For many people, it conjures up the image of a non-profit, co-operative affair, run by and for the members....

TELUS CORP., $27.25, Toronto symbol T, is your #1 Income Buy for 2023.

The company is Canada’s second-largest wireless carrier (after BCE) with 12.16 million subscribers. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

With the January 2023 payment, Telus increased your quarterly dividend by 3.7%, to $0.3511 a share from $0.3386....

CHIPOTLE MEXICAN GRILL INC., $1,583.89, remains a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.

In the quarter ended December 31, 2022, sales were up 11.2%, to $2.18 billion from $1.96 billion a year earlier....

NEWMONT CORP., $47.98, New York symbol NEM, remains a buy, for your long-term growth and as a hedge against inflation.

The stock gives you exposure to the world’s largest gold miner following Newmont’s April 2019 acquisition of Vancouver-based Goldcorp Inc....

BCE INC., $60.82, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....

MARINEMAX INC., $30.75, symbol HZO on New York, operates as a recreational
boat and yacht retailer and superyacht services firm in the U.S.

The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, ski boats, jet boats, and other recreational boats....

Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

Medium-sized companies are a bit like the proverbial middle child—they tend not to get as much attention from investors as the smallest or the biggest. But this creates opportunities for investors who are prepared to add the best of those stocks—or the ETFs that hold them—to their portfolios.


High-quality mid-cap stocks can offer you the stability and balance sheet strength of large caps, while at the same time they give investors growth potential similar to small caps.


What are mid-cap stocks?


Mid-cap stocks fall between large-cap stocks and small-cap stocks but the average size of mid-cap companies varies from market to market.


Index provider S&P ranks all U.S....

Purpose Investments launched a series of leveraged single-stock ETFs in December 2022. Here we discuss the ETF that holds Apple shares but there are also similar ETFs that invest in single large U.S. companies, These include Amazon, Berkshire Hathaway, Alphabet, and Exxon....

Commodities are the raw materials that production and manufacturing rely on. Investing in them can help investors diversify their portfolios and win greater protection from inflation. However, commodities as a group can be both cyclical and volatile, and investors might rightly question the wisdom of either directly holding commodities or the commodity producers themselves in their portfolios.


Long-term gains with more risk


Over the period since 2002, an investment in a basket of physical commodities delivered a return of just 5.4% per year, while commodity producers returned 9.5% per year; this compares with the 9.5% per year return of the S&P 500 index (see table below).


The IMF All Commodity Index provides a good measure of the performance of physical commodities as a group....