Stock screeners

I don't know about you but I find that there are really a lack of really good stock screener options for Canadian stocks. For American stocks, there are plenty of excellent free options like google finance and Finviz.com.

Sure the Globe and mail has a filter, but I find it a bit of a pain to use. The filtering is cumbersome but it will have to do until I find a new tool to use.

So, readers do you have any good free stock screeners for the Canadian market? If so, please share ideas and links with other readers!

Aggressive vs. Investing Smart

Before we get too far, there's been a lot of misconceptions about the term aggressive investing. Aggressive investing is not stupid investing. It's not about chasing stocks that are overpriced or stocks that don't have growth prospects. It's not about putting all your chips into the market without knowing what you're doing. That's just plain stupid.

Aggressive investment doesn't mean investing for the sake of investing. It means investing with the same investment discipline and criteria that you have whether you're 50% invested or 100% invested.

The way I see it is if there is value out there, I will put money into it. This is in contrast to what a lot of my friends have been saying about just putting money in the market because it's guaranteed to 'go up'. That's just silly.

The people are fearful.

Okay so imagine a year ago I told you that you could pick up quality stocks below book value or that stocks like Bank of Montreal have a dividend yield of over 10%. What would you say? You'd probably say that these stocks are damn cheap.

Why is it that with all the good stocks are being thrown out with the bad water, suddenly the markets are acting irrationally? Everyone is getting out of the market right now but doesn't that go against the whole buy low sell high philosophy?

Sounds to me like people are letting their emotions get the better of them. Have we seen the bottom? I don't know. Are we near the bottom? I don't know. Thing is there are tons of stocks that seem to be priced in the crapper. It's not rational.

Sure there's short term volatility but I'm positive that 10-15 years from now we'll look back at this time as the best time to be buying stocks.

You can sell if you want to. It's your money.