Markets response to U.S. Federal Reserve Aug 24th
Trudeau to announce $37.5M investment in biotech company - CBC News + MORE Mar 4th
Fox and Disney shareholders approve deal for entertainment assets + MORE Jul 27th
Can you survive on Canada’s government pension alone in retirement? Experts say you might be surprised + MORE May 8th
What Canada's top CEOs think of the Trudeau government's performance on the economy - The Globe and Mail Jun 29th
After its shopping spree at U.S. luxury retailer Neiman Marcus, CPPIB is left holding the bag
– theglobeandmail.com
The only money book you need to be a great investor
– moneysense.ca

SPEED READER
Book: The Little Book of Common Sense Investing: The Only Way to Guarantee your Fair Share of Stock Market Returns (10th-anniversary edition, updated and revised)
Author: John C. Bogle
Publisher: John Wiley & Sons, Inc. Hoboken, NJ
Price: $14.01 (Hardcover) $9.65 (Kindle)
Link: https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=pd_lpo_sbs_14_t_0?_encoding=UTF8&psc=1&refRID=19DZTK222G2X956R5QSQ
WHO IT’S FOR: People who want a simple investment plan
MORE SPECIFICALLY: Any individual investor who wants a great low-cost strategy that will grow and protect their portfolio for life
DOES IT BUST ANY MYTHS? Yes, that investing right has to be complicated (it doesn’t). He explains why speculation in investing in hot stocks doesn’t work and why how a business is doing (i.e. dividends plus earnings growth) is most important when building an investment portfolio.
SURELY ACTIVE MANAGERS CAN BEAT ANY COMMON INVESTOR’s RETURNS. Well, no. Bogle explains how less than 1% of all mutual funds were able to beat the market consistently over the past half-century…
Boy who endured three years as ISIL captive asks for meeting with Justin Trudeau – CBC.ca
– news.google.ca
Seeking a U.S. foothold, Fairfax looks to shipping deal to forge new investment ties
– theglobeandmail.com
Screening for top US stock prospects in 2018
– moneysense.ca
(Flickr)What a rally it’s been. In calendar 2017, the S&P 500 Total Return index produced a whopping 21.8 per cent return with positive gains in all sectors except Energy and Telecommunications. Even though the US market has looked overvalued for multiple years, US equities continue to provide spectacular returns to investors.
For investors bullish on the US economy, the following growth-oriented strategy may offer some ideas. To develop this strategy, I used Morningstar CPMS to first rank stocks in the S&P 500 index on the following factors:
High Return on Invested Capital (A profitability metric that measures pre-tax Earnings per Share divided by the average debt and equity over the same reporting period)
High 5Y EPS Growth Rate (on average, by how much did EPS grow by each year in the last 5 years)
Positive 3M Estimate Revision (Today’s EPS consensus estimate versus the same figure 3 months ago)
Positive Price Change from Month End, 3 and 9 months ago
Low Enterprise Value / EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization)
To qualify for purchase, a company’s Debt to Equity ratio must be in line or lower than the median of the sector to which it belongs and the stock must be ranked in the top 25% of stocks in the index based on the above five factors…


