Oct 072014

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 As y’all know, I’ve been a Questrade man for a couple of years now. It’s not just because I’m in the company’s affiliate program. (You’ll notice this post is free of affiliate links in a lame attempt to try and look impartial) Sure, it’s nice to have the ability to make a few bucks recommending it to prospective investors, but that’s not Read More [...]

Oct 062014

Tweet It’s time for the update none all of you have been waiting for. Can some of the best personal finance and investing blogs out there (and Financial Uproar) continue their streak of mostly beating the stock market with their top 4 stock picks? Or will they fail more miserably than a guy trying to pick up Kate Upton on Twitter? To recap of the rules, each contestant is allowed 4 picks, each getting a equal weighting in the imaginary portfolio. Dividends count towards the total return, but any currency fluctuations Read More [...]

Oct 042014

Tweet A quick note of housekeeping before we begin. I think it’s time for a different format for the Friday/weekend link dump. The stats tell me they’re not very popular, and after approximately 3 years worth of them, it’s obvious the format is getting stale. So instead, we’ll do something like I was doing for the freelance link roundups. I’ll touch on a subject that just isn’t in depth enough for its own post, and then we’ll do links. Cool?  Let’s talk about Automodular, the company that I bought a Read More [...]

Oct 022014

Tweet Back after a week of, I dunno, slacking, it’s Eddie. I believe this will be PF groupthink assassination post number 3.  This post will be a departure from the conventional wisdom in the PF community.  This is not meant to be explicitly antagonistic, but I do not apologize for it if it is. The community of the PF realm is indulged with endless posts about how to choose the right credit card.  While I do have respect for a detailed analysis of an issue in general, examining your spending Read More [...]

Sep 302014

Tweet I’m running late today, on accounts of I had to spend some time in a giant metal tube. Flying discount carriers seems like a good idea at the time, until you, y’know, actually have to do it. But I digress. Let’s talk a little about the Uproar Fund. During the 3rd quarter it added one position, Danier Leather, at $9.11 per share. It makes up approximately 5.5% of the fund. Danier Leather As of the time of this writing, the stock hasn’t done well, thanks to it releasing some Read More [...]

Sep 292014

Tweet Because, hey, let’s create a convenient excuse for the poop jokes. CHALLENGE ACCEPTED. I’m not gonna lie, one of the reasons why I wanted to go to Japan is because I wanted to try a bidet. It’s like a magical invention that nobody wants to talk about because of the, uh, dirty work it does. But I was curious. What did it feel like? Did it get everything? And was there really a camera in it like on that episode of the Simpsons? And then Vanessa and I stayed at a Read More [...]

Sep 282014

Tweet Instead of one thought worthy of preamble, you get several random ones. Think of it as the least delicious helping of scrambled eggs ever. I wrote about Urbana a few months ago. It’s a closed end fund that invests primarily in financial stocks. It also has a large holding in a few privately owned stock markets, which have performed well for it over the last few years. The fund owns about $2.85/share worth of assets, and you can pick it up for $1.87 per share. With the company buying back Read More [...]

Sep 252014

Tweet Eddie’s off this week because he has to study for an MBA exam. Or maybe because his mom won’t let him come play. So you’re stuck with Nelly again. Suckers. Oh hey, it’s the 14th million post on budgets. Geez Nelson, could you be any less original? Well, yes. But that’s besides the point. I’m currently nearing the end of two weeks in Japan. Much has been said about how expensive this country is, especially the major centers. Kobe beef apparently costs 14 million dollars per ounce. Rice is Read More [...]

Sep 242014

Tweet A few months ago, one of my readers asked about metallurgical coal producer Walter Energy (NYSE:WLT). The company’s share price fell from a high of $136 in 2012 to less than $5 per share at the time. I wrote a blog post about it, and came to the conclusion that it had too much debt, was bleeding too much cash, and should probably be avoided. Turns out I’ve been right, at least so far. The company’s stock currently sits under $3. It continues to be a rough go for Read More [...]

Sep 232014

Tweet No preamble kids, let’s get right to the latest stock I’m looking at — Celestica (TSX:CLS). It’s a tech company, but it’s mostly in the manufacturing space. Companies approach it to make the newest gadget, or piece of medical equipment, or whatever. Celestica does everything from helping to design it to making sure it gets shipped to the retailer. BlackBerry was the company’s biggest customer, until it dumped it for Foxconn and its ability to produce more on demand. Let’s look at the balance sheet first, because it’s succulent. Read More [...]