Oct 312014

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 I ran out of deodorant the other day. This wasn’t a big deal, at least I naively thought. There’s a supermarket about a 15 minute walk away from our place and plenty of restaurants along the way. I figured I’d stop for lunch on the way, get me a nice new pit stick, and be back before 1 o’clock. But, alas, it Read More [...]

Oct 302014

Tweet It’s your usual Thursday man, Eddie. He blogs here, but you knew that already. He also likes sloppy kisses.  This is a follow up to last week’s post about how banks are not trying to steal your money.  Instead, I offer some insights into choosing a bank. The first step to choosing a bank is to rid yourself of the notion that the bank is an obstacle.  A bank, and the people who work within it, should be viewed as partners.  In this way, the relationship between yourself and Read More [...]

Oct 292014

Tweet I’m apparently not even trying with the titles anymore. “Here is a title that describes the thing I’m talking about. And you’ll like it.” Village Farms International is a greenhouse grower of tomatoes, cucumbers, and bell peppers. It owns approximately 110 acres of greenhouses in B.C., as well as 130 acres worth in Texas. It also has distribution partnerships with a few other growers. It sells fresh vegetables to many of North America’s largest food retailers, including Wal-Mart, Costco, Loblaw, and so on. Greenhouse farming is more effective than Read More [...]

Oct 272014

Tweet Being that oil is more depressed than your typical Fallout Boy concertgoer, I’ve been spending a little time sniffing around the sector over the last couple weeks. Penn West continues to be my favorite name, but I’m waiting until the inevitable dividend cut happens. It’s interesting how the company is selling off assets to pay down its debt, yet refuses to cut its dividend and divert the $250 million per year it pays back to shareholders towards paying down debt. But I digress. This isn’t about Penn West. It’s Read More [...]

Oct 232014

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 but whose authors are not particularly well read, about the sinister nature of banks, I could not buy anything of value since I stopped reading virtually all 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 [...]