Canadian Dollars Blog

In our area, grocery store sales begin on fridays and end on the following thursdays. A bag of flyers is sent out in the mail usually around thursday highlighting what is for sale. When the flyers come, we go through them very carefully to figure out what is for sale in the upcoming week. What we used to do is just make a mental note of which store had the most sales and just get most of our groceries from that place. Unfortunately we found that this was a real time waster because having to remember grocery lists was never a good idea. We'd get most of the items we wanted to buy, but in doing so we also bought a lot of extra junk that we didn't need. So we needed a better way. We know use an electronic list. I just open up my favorite text editor and input all the items that we want to buy. Once that is done, I just send the list to my phone and we're off shopping. By making a set list, I am able to visualize where I need to go and get in and out of a grocery st...

With the TSX and DOW trading at near or above their 52 week highs, I've received a lot of emails asking me where I think the market is going and what should people do with a lot of the profits they've made up so far in the calendar year. Here's my answer: I don't know. My guess is as good as yours. For anyone that was brave enough to invest money back in the early part of the year, you will notice that your portfolio is up quite a bit. My best move was TCK.B when I bought it around $10. There were times when I second guessed my purchase but I'm glad that I held on to it. As it's been up 300% I got out and sold around $30. My worst performer so far has been MFC. It looked like it was starting to recover nicely until they decided to slash the dividend by half. Whether that is a beneficial thing for the company remains to be seen. The market seems a bit expensive at the moment so I've been extremely selective (more so than before) about which equities to ...