Oct 232014

If you’re new here, you may want to subscribe to get stock tips or have investing ideas delivered to your email. I’m also on The Twitter.Thanks for visiting!Tweet It’s Thursday, which means it’s Eddie. He blogs.here. He promised this week’s edition is “particularly mean”. I’ll let you be the judge of that. If my count is correct, this is personal finance groupthink assassination number 6. If I had a nickel for every time I read an article or post from a personal finance blogger, even ones that have a large readership Read More [...]

Oct 212014

Tweet Let’s start things off with a hypothetical situation. (I wrote something similar for Motley Fool last week, in the interest of full disclosure) Say you and I were hanging out. FINALLY, A FRIEND FOR NELSON! TAKE THAT, DAD. I offer you a deal. You put in $20, and I flip a coin. If it comes up on heads, I’ll give you $60. If it comes up on tails, I get to keep your $20. Would you play that game? I hope the answer is yes. If you could play Read More [...]

Oct 202014

Tweet When I first heard about the concept, I thought credit card hacking was kind of cool. I could make hundreds of dollars just by getting credit cards and buying stuff that I would normally buy anyway? That doesn’t sound so bad. But, like usual, my laziness won out. I have yet to replace my 15 year-old 1% cash back credit card. I just can’t be bothered. Over the years it’s served me well. I haven’t paid a nickel in interest, I’ve gotten approximately $80-$100 in cash back per year, Read More [...]

Oct 162014

Tweet It’s Thursday, AKA Nelson’s slack off day. Take it away, Eddie.  I believe this will be PF groupthink assassination post number 5. My post this week focuses on a rather technical detail in a recent Moneysense article.  I happen to read Dan Bortolotti’s article How to make it to $1 million that was published in the September/October 2014 issue. The article postulates that it is very realistic even for a person of modest means to save a million dollars for retirement.  To accomplish this feat, Bortolotti espouses several principles: Start Read More [...]

Oct 152014

Tweet After talking about popular companies for the last couple days, I’ve had enough. I hate things that are popular. It’s like grade 9 all over again. Instead, let’s talk about another unloved Canadian small-cap, FP Newspapers Ltd. (TSX:FP), which is the owner of several newspapers in Manitoba, most notably the Winnipeg Free Press and the Brandon Sun. It also owns a half dozen weekly community papers, along with a commercial printing division. Yeah, it’s a newspaper. If you remember, I talked about Torstar back in the day, the parent Read More [...]

Oct 142014

Tweet After identifying it as an interesting investment in yesterday’s post about Pepsi, I decided to crack open Kellogg Company’s annual report and see what was going on. What I found was a company that’s suffering from stagnant revenues, lower margins, and for some reason it had a ridiculously profitable 4th quarter in 2013. Check this out. Once you factor in that gigantically profitable quarter, the investment doesn’t look so sexy anymore. It’s also odd that the company’s 4th quarter was weak, unlike every other food company in North America. Read More [...]

Oct 132014

Tweet (Happy Thanksgiving Financial Uproarians. I didn’t get to have a turkey dinner, so y’all can go to hell) Oh hey, it’s Pepsi. Do you guys know I used to sell chips for that particular company? Of course you don’t, since I have literally never mentioned it in my life. (Does a search for “chips” on FinancialUproar.com, laptop explodes) I never commented on my thoughts about Pepsi as an investment back when I worked for them, because I knew that my limited experience with the people I dealt with would Read More [...]

Oct 102014

Tweet Ah, the difference a week can make. On September 30th, when I did the quarterly update on the Uproar Fund, MRRM was smelling worse than my underpants after a light jog. The stock had sunk to $2.60 per share, significantly below my average purchase price of $3.20. I picked up an additional 900 shares personally (as in, not included in the Fund) on October 2nd, which represented 90% of the trading volume that day. I also upped the price from $2.60 to $2.70 with my limit order. Finally, I Read More [...]

Oct 092014

Tweet It’s Thursday, so it’s your regular addition of the other guy who writes here. His name is Eddie, and he’s delightfully mean. We’re BFFs. He blogs here.  Personal finance fallacy number 4 is about to be challenged. Here are the first three, if you’d like to read back: How choosing the right credit card barely matters Why you should go into, not out of, debt Why index investing is for suckers   This is another in a series questioning the wisdom of PF writers before I begin to write Read More [...]

Oct 082014

Tweet Investors are divided into two camps. There’s camp A, we’ll call TEAM STRIKE FORCE. These investors look to buy stocks that are either undervalued or that have good growth prospects (at a reasonable price). They like getting paid a dividend to wait for their investment to recover/grow, but it’s not necessary. Depending on the situation, a dividend could get in the way of the company’s plans, like paying off debt or investing in new infrastructure to help grow sales. Then there’s camp B, which we’ll call TEAM DISCOVERY CHANNEL. Read More [...]