Saturday , 20 October 2018


Monthly Archives: April 2018

6 Guilty Pleasures That Will Destroy Your Budget

When it comes to guilty pleasures, we all have a few. Some vices are fine to indulge in every once in a while — like that weekly caramel latte. However, splurging too much on these vices can rob our budget, and in some cases, our health. Here are six guilty pleasures that are destroying your budget.

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The Seven Pillars of Gold

You need to own gold; and you need to own shares in companies that find and mine it. I lay out seven reasons that reinforce the argument for holding gold. Here they are:

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Is the Equity Bull Market Over?

The decline in the equity markets since the end of January has many asking if the bull market is over - and the short answer is no – there is still room for the market to run. That being said, there are a number of concerns that could keep the markets on edge and, were they to materialize, the result could be a correction similar to those that occurred in 2011-12 (-19.4%) and 2016 (-14.2%).

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Canada’s Financial Condition Much Worse Than That Of the U.S.: A Comparison In 5 Revealing Charts

On a real basis, Canadian housing prices experienced a much smaller, shorter decrease in prices during the financial crisis and a much larger, longer increase in prices during the recovery. When you couple this unfathomable rise in housing prices with near-record high household debt-to-income ratios, the Canadian housing bubble starts to look scary should the tide turn. No one knows when insanity like this will come to an end. Bubbles are like an avalanche", the longer they build up, the worse they will be when they eventually destabilize but it most likely will be the result of higher rates

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STAGES OF A FINANCIAL BUBBLE – Where Are We Now?

If you believe this time is different and you can’t see how over-valued the Dow Index is based upon the MACD technical, then maybe it might be prudent to allow a Doctor to take a Cat-Scan to find out if you have any brains left in your head!

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Should You “Sell In May & Go Away”?

The saying “sell in May and go away” infers that the stock market is seasonally weak from May to September and, as such, one should not own stocks during that period of time. As illustrated in the chart below, however, the stock market is not particularly bearish then. It is merely less bullish (i.e. the odds of the market going down vs. up are equivalent). That’s why “sell in May and go away” is not a good trading strategy. Let me illustrate that fact further in the 10 charts below.

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Are “Death Crosses” Useful Indicators On When To Buy & Sell?

The “death cross” occurs when the 50 daily moving average falls below the 200 daily moving average and is seen by mainstream financial media as a BIG bearish signal. It isn’t. It is actually more often a medium-long term bullish signal than a bearish signal. Below are all the S&P 500’s death crosses that have occurred over the past 20 years and they substantiate that it isn’t a useful indicator. Take a look.

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