What P/E can tell you about a stock, and what it can’t May 6th

TSX getting you down? There are always sound investment alternatives.
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How financially viable is your rental property? + MORE Apr 13th

After rising steadily in many cities across Canada for many years, real estate has been on a particular tear over the past year—and rental property investing has become an area of interest for plenty of people as a result.  But a soaring market isn’t a guarantee of success. If you’re thinking.... More »
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TD Bank reports $1.58B Q1 profit, down 58% from year ago - BNN Bloomberg + MORE Mar 2nd

TD Bank reports $1.58B Q1 profit, down 58% from year ago  BNN BloombergTD tops analysts' forecasts as improved margins offset higher provisions for bad loans  The Globe and MailRBC reports Q1 profit down as expenses, provisions for credit losses rise  Yahoo Movies Canad.... More »
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Five secular trends you can tap now for winning stocks Oct 20th

From cybersecurity to pet care, by paying close attention to longer-term trends you can create a stock portfolio that is almost certain to outperform the broad market over time, Gordon Pape writes..... More »
investment

RRIF and LIF withdrawal rates: Everything you need to know Mar 6th

At some point, a registered retirement savings plan (RRSP) is typically converted to a registered retirement income fund (RRIF). The latest you can defer the conversion of your account is the end of the year you turn 71. This means that by December 31 of your 71st year, you need to either withdraw t.... More »

‘People Work for Money’: Pay Transparency Is More Important Now Than Ever + MORE Jun 30th

After endless hours of swaddling/feeding/rocking my baby daughter into submission, I spent the precious little downtime I had during maternity leave in 2021 and 2022 applying for a new communications job. Before my mat leave, I was stagnating in my old role. Bored and undervalued, I needed a.... More »
If there’s one water cooler conversation that investors love to have, it’s whether stocks are expensive or cheap. Your argument will depend partly on your investment approach: If you’re growth-focused, the valuation metrics of a quickly expanding company may not look overly pricey to you if you think the business has a lot of potential. If you’re value-oriented, those same numbers might cause you to run as far away from the market as fast you can. 
But if you were able to have a socially distanced talk around the water cooler today, you and your debating partner would both be left scratching their heads. 
Over the last week, the S&P 500’s forward price-to-earnings ratio, one of the main figures that investors use to measure the expensiveness of the market, has climbed to levels not seen since April 2002, when the technology bubble was in mid-burst. At the time of writing this column, the market had a forward P/E of 22 times, according to S&P Capital IQ, despite the fact that the index is still down 16% from Feb…

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