I did awesome this month with My Hedge Fund. Last month was quite a good month too with My Hedge Fund gaining 9.20%. The total value of the Hedge Fund is now $249,272. I started the hedge fund just three months ago with $200,000. That would make the total return since inception […]
3 comments October 31st, 2007
I haven’t touched My Mutual Fund: Genesis in the last month. Last month the mutual fund had a total NAV of $10.12 and had a 10.12% gain. I did good this month with a 5.33% gain. The total gain of the Mutual Fund is 7.34% in just 3 months. The […]
Add comment October 31st, 2007
It’s not the end of the month yet, but I do have a little teaser/update on My Hedge Fund. It’s been almost three months, I’ve purchased 4 securities in the U.S. (all options) in 22 separate buy trades and 3 Canadian securities in 4 separate buy trades. I’ve not sold ANYTHING. You […]
Add comment October 29th, 2007
Alberta’s Premier Ed Stelmach announced that Oil & Gas Royalties are to increase about 20% in 2009. The province is currently taking in about $10 Billion a year and with the increase it expects to take an extra $1.4 Billion each year. Every five years the royalty rates will be reviewed.
WHY???
The big question […]
1 comment October 29th, 2007
Earlier this year (in May) I wrote an article titled: So You Think Gold Will Hit $1,000? It hasn’t been a year since that article (actually its only been five months) and gold is sitting around $758 US per ounce. In the article I stated that I didn’t know whether or not it […]
1 comment October 17th, 2007
Its no secret that the Canadian economy is doing quite well in spite of losing many manufacturing jobs due to the falling USD. Over the last several years the Canadian dollar has shown a lot of strength, up 60+% versus the USD. The Canadian dollar is also loosely tied to the resource sector, […]
1 comment October 16th, 2007
Peter Grandich, of The Grandich Letter fame (he successfully predicted several market crashes and their recoveries with extreme accuracy), is predicting some troubled times ahead for the U.S. economy and stock market. It doesn’t take a genius to realize he is on to something. I’ve believed for years that there will be some […]
2 comments October 15th, 2007
I’m torn! I love investing for dividends, investing in small resource exploration companies and in fast growing companies using options. I really don’t know how to best allocate my money at this point in time. That is where I’m divided. I’ve had some success at investing for dividends and I’ve had some […]
Add comment October 12th, 2007
I’m actually a little surprised to know that Canada doesn’t already have a special law in place to protect national security. What country (especially a resource rich one!) on earth wouldn’t think to protect itself from governments hiding behind corporations? As it stands, a foreign government controlled corporation could come in and buy […]
Add comment October 10th, 2007
I like reading investing and business books. Send me a copy of your book and I’ll review it! You can get in contact with me about your book by going to the About page and scrolling to the bottom where there is a contact form.
Investing books will be reviews will be published on this site. […]
Add comment October 10th, 2007
