1) Focus on dividends. Buy companies that have a history of raising dividends each and every year. A company that raises its dividend signals confidence for the following year. 2) Don’t overpay. Buy companies that are trading at a Price Earnings [...]
Back on June 4th of this year the S&P 500 closed at 1,277, down a gut wrenching 9% from the previous month. Toronto didn't fare any better, as it too dropped by 9%. Those who told you to sell in [...]
Investors are always quick to act on old news. Fears of a global slowdown, China’s hard landing and a European sovereign debt crisis are what you see out the rear-view mirror. Let’s get this straight -- there is already a [...]
When Hannibal and his army of Carthaginians threatened to bring down Rome and its Empire, the Roman generals favoured a strategy of direct confrontation in a large scale pitched battle. This led to the disastrous defeat at Cannae in 216 [...]
On June 4, 1992, my 40th birthday, I resigned from my job in the venture capital industry and launched Baskin Financial. With no clients and no track record, it was a pretty scary thing to do. Now, twenty years later, [...]
Year over year growth in corporate profits, retail sales, auto sales, rail car loadings,port traffic, durable goods, employment, housing activity and bank lending S&P 500 trading at 13.1 times last year's earnings and possibly 12 times this year's expected earnings [...]
It’s hard to believe, but many Canadian stocks are at or near their all-time highs this month. Defensive sectors like the telcos, consumer staples, REIT’s, utilities and specialty high-dividend payers should be the anchor tenants in your portfolio. Cyclical and [...]
“Prices will fluctuate,” predicted astute banker J.P. Morgan when asked to forecast where the stock market would be next year. Even today, Morgan’s prediction has yet to be proven incorrect. Markets are unpredictable over the short-term. In periods of high [...]
Many suggest that “it feels like a recession.” Much of the US data, however, suggests that it shouldn’t. The latest evidence can be found from just last week when the reported Black Friday sales figure increased year-over-year by a strong [...]
To be blunt, Europe is a mess. It is difficult to read through any of the morning papers these days and not feel pessimistic. Not only has the market fell victim to headline-driven volatility, the stories behind each one illustrates [...]
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Based in Toronto, Baskin Wealth Management has been providing investment
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