Making sense of the markets this week: February 6 Feb 4th

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Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets - CBC.ca Mar 15th

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The Wealthy Barber says Canadians face more opportunities—for profit and peril Dec 9th

David Chilton was down on his luck. In 1988, the aspiring author decided to cash in his RRSP and self-publish a book about a savvy barber who dispenses financial advice—like not to cash in your RRSP—to curious, wisecracking customers. “The one time I was struggling—badly—in finance was whe.... More »
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“Why do I need a financial plan?” + MORE Oct 6th

I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help me.—Tom What is financial planning? To answer your question—and it’s a good one!—let’s think about why people get a fina.... More »

Stock market news live updates: Stocks rally, Intel craters, as inflation data cools - Yahoo Canada Finance Jan 27th

Stock market news live updates: Stocks rally, Intel craters, as inflation data cools  Yahoo Canada FinanceU.S. stocks retreat as traders weigh earnings, PCE data  BNN BloombergStocks Jump As Recession Fears Ease  BarchartNasdaq 100 Heading for Best Week Since November: .... More »

Walmart rolls out $6.5B expansion plan, including three new stores for Alberta - CBC News Jan 30th

Walmart rolls out $6.5B expansion plan, including three new stores for Alberta  CBC NewsWalmart Canada announces landmark $6.5 billion investment in its store and supply chain footprint, announcing dozens of new stores to be built across Canada over the next five years  Canada Ne.... More »
Making sense of the markets this week: February 6Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. 

The first modern-day pandemic—two years later

To my knowledge, I was the first financial writer in Canada to cover the pandemic or suggest it as a concern. It’s hard to believe that we’ve lived two years of our lives in a scary and confusing pandemic. Two years ago I wrote this post on my blog, “How to prepare your portfolio for the coronavirus outbreak”.

On February 1, 2020, it was not yet considered a “global” pandemic. The first cases were just being reported. And my blog post and headline appears trite and uncaring considering the number of deaths and illness. But again, the destructive path of the coronavirus was not yet known. I addressed the risks and the performance of the markets in previous epidemics. 

And, yes, I put some asset allocation ideas on the table for consideration. 

I did a follow-up post about the performance of the pandemic portfolio…

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