“Savings, remember, is the prerequisite of investment” ― Campbell McConnell Annual Tax-Free Savings Account Limit Increases to $6,000 for 2019 The annual TFSA increase rose from $5,500 in 2018 to $6,000 for 2019. You might be asking, “why the increase?”. The answer is that the annual dollar limit increase is tied to inflation and rounded to the… Read More
The Smof Investment Blog
“Put the politicians on minimum wage and watch how fast things change” – Author Unknown Market Wrap-Up The major North American, European and Asian markets all finished down for the week, as market uncertainty continued. However, Friday saw the S&P 500 and Dow Jones Industrial posted gains to close out the week, while the NASDAQ… Read More
“Voting is as much an emotional act as it is an intellectual one” – Monica Crowley North American Markets Down Friday, Up for the Week On Tuesday, Americans went to the polls and cast their ballots for the 2018 Mid-Term Elections. Analysts’ predictions of a Democratic House of Representatives and a Republican Senate held… Read More
“What is drama but life with the dull bits cut out” – Alfred Hitchcock Drama Is Constant The Attention Economy is, according to Wikipedia, “an approach to the management of information that treats human attention as a scarce commodity and applies economic theory to solve various information management problems. Put simply by Matthew Crawford, ‘Attention… Read More
On March 9, 2009, the Dow Jones, the S&P 500, and the NASDAQ all bottomed out in the aftermath of the “Great Recession”. Since that date, all three indices have experienced rapid recoveries and expansion. We’ve now experienced nearly 10 years of expansion with few speedbumps along the way. When listening to commentary by economists,… Read More
“I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies” – Peter Lynch Weekly Update – By The Numbers North America The TSX closed at 16,013,… Read More