Europe’s richest families snap up Canadian commercial real estate + MORE Feb 21st

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How to calculate the adjusted cost base of inherited property Feb 6th

Ask MoneySense I sold a building that I inherited over 20 years ago. I don’t know the adjusted cost base (ACB) or fair market value of the building in 2003. How do I determine the value?—Bill Reporting the sale of a property in Canada When you sell real estate, you need to report that sal.... More »
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Happy finances, happy couples. Six steps to ensure financial happiness in 2023 Dec 26th

Set aside your emotions, budget and curb overspending and work as a team to ensure your financial future, writes personal finance columnist Lesley-Anne Scorgie.... More »

Spotify opens at nearly $166 a share in unconventional U.S. listing, then slips Apr 3rd

The highly anticipated shares of music streaming app Spotify opened for trading on the New York Stock Exchange on Tuesday at $165.90 US — nearly 26 per cent above the price set just a day before..... More »

When and how should I start drawing on my retirement savings? Apr 1st

Ask MoneySense Do you have any tips for withdrawing from an RRSP? Some background: My spouse and I are debt-free and mortgage-free. We own our home (current value approximately $1 million). We are hesitant to downsize as this home is accessible for me. I have approximately $650,000 in RRSPs .... More »
The investment bank’s decision to expand to Canada was part of a larger strategic shift to align with clients’ expansion plans

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Greece needs a new tranche of financial aid under its 86 billion euro bailout by the third quarter of the year to meet debt repayments

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New Trade: Long Netflix ($NFLX) & Short Etsy ($ETSY)Today I am opening my 7th trade of the year and surprisingly they are all still live. So far so good but no need to jinx it at this point. As is always the case, you can see past 2016 (and previous years) trades here:

http://www.intelligentspeculator.net/livetrades

Let’s start off by looking at the numbers:

TickerNamePricePE RatioPE Next YearReturn YTDSales GrowthAnalyst ratingBook ValueBetaRevenue/ShareSales 5Y Avg GrowthEPS 5Y Avg Growth

ETSYEtsy Inc12.9N/A59.279.6839.833.833.061.893N/AN/A

NFLXNetflix Inc142.22338.1260.1514.7130.263.956.231.4620.5923.4695.62

Both of the two charts that follow are tremendously bullish for AMZN. That it’s seeing revenue growth accelerate while much newer player Etsy’s growth is quickly declining and as you can imagine that is also reflected in the interest from Google trends.

credit: Google Trends
Long Netflix (NFLX)
I have a long term very bullish view on Netflix that I hope to write about very soon but suffice to say that I think the company is starting to gain incredible leverage from its position in the market and I do think that while it will hit occasional stock price hits (difficult to avoid them when trading at such high P/E’s), the company remains tremendous value at these levels and I do expect Netflix to keep driving both the top and bottom line forward in the coming years thanks to its position in the market where consumers see it as a must have and content producers are in many ways forced to sell their content to help their long term competitor…

Continue Reading On IntelligentSpeculator.net »

Landmark buildings in Toronto, Vancouver and Montreal have become safe havens for the world’s wealthiest investors

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