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David R.(Canada)

David R.(Canada)
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  • *Stocks, euro sink as top ECB official quits [View article]
    What happened to the article? The only thing I see are the comments.

    This ECB official just happens to be a German.
    This speaks volumes about Germany's attitude to what's going on in the Eurozone!
    Maybe Germany's getting ready to pull the plug.
    Sep 9, 2011. 06:44 PM | Likes Like |Link to Comment
  • World stocks up as gloom fades, bargains sought [View article]
    So, it's OK for Germany to bail out the rest of the Eurozone!
    Now everything's hunky-dory. The economy is going to be just fine. Unemployment will improve and the PIIGS will pay off all of their debts.

    Sell your gold; buy stocks and government bonds.
    It's back to business-as-usual.
    Sep 7, 2011. 10:47 AM | Likes Like |Link to Comment
  • The FHFA launches its lawsuits. First, according to Reuters, is Barclays (BCS -7.6%), sued over losses on $4.9B of MBS sold to Fannie and Freddie during the housing boom.  [View news story]
    Isn't this; the pot calling the kettle black?
    Sep 2, 2011. 05:27 PM | 1 Like Like |Link to Comment
  • It's Time To Kill The Electric Car, Drive A Stake Through Its Heart And Burn The Corpse [View article]
    "It's an iron law of nature: things that can't happen won't happen."
    This smacks of a potential "Black Swan" event in the future.
    Someone is going to accidentally discover something that is seemingly illogical. A room-temperature superconductor? A quantum battery? Who knows.
    But I agree that the battery is the weakness. Here on the Canadian Prairie in winter, you'd use most of the battery power to heat the interior and defrost the windshield. You'd barely get around the block on a full charge!
    Aug 31, 2011. 03:21 PM | 1 Like Like |Link to Comment
  • High-dividend stocks can outperform the market in a low-rate environment, Insider Monkey says. During 1938-50, when 10-year rates were below 2.5%, high-dividend stocks returned an average of 18.1% (including dividends) while value-weighted market returns (including dividends) were 12.7%.  [View news story]
    Seeing as how this is a dividend paying ETF it would be nice to know if it had a DRIP option.
    Many investors, especially younger investors, are interested in this option.
    Also the currency that the ETF is in should be noted. As a Canadian I am a bit dubious about investing in $US ETFs. At present I am only invested in Canadian ETFs (that have a DRIP option).
    Aug 28, 2011. 09:11 AM | Likes Like |Link to Comment
  • US home builders remain pessimistic in August [View article]
    Except in Zombie headquarters (Washington, DC)
    Aug 15, 2011. 05:05 PM | 2 Likes Like |Link to Comment
  • Market recap: Deal news sparked a third straight winning session for stocks, but in light of investor exhaustion over recent market turmoil, today's gain on low volume was more a response to a weekend without calamity. Bank stocks continued their rebound, led by BofA. Crude oil rose, helped by a weaker dollar; Treasurys slipped. NYSE advancers led decliners nearly five to one.  [View news story]
    Stocks were falling for days before the downgrade.
    What's your point?
    Aug 15, 2011. 04:58 PM | Likes Like |Link to Comment
  • Kicking the Housing Can Down a 1-Way Street and Over a Cliff [View article]
    I didn't waste my time reading this. It takes too long to get to the point. There's too much jargon. And it's too long.
    I've got way too much to read to take the time to wade through this mess of an article.
    Aug 15, 2011. 03:04 PM | Likes Like |Link to Comment
  • Shoppers lift economy but will they keep spending? [View article]
    If someone stops making their mortgage payment and then starts buying "stuff", this is hardly increased consumer spending.

    P.S. In the last 3 months I have received three offers of a credit card (which I threw out). I don't use credit cards; I pay cash or use a debit card, and have for years. Why is this suddenly happening? I recently retired. Do the banks see me as new demographic for expansion?
    Watch for seniors, who up to now had little or no debt, to get sucked into the credit system in the near future. After all we are the ones who still have a little money left.

    Advice to seniors: protect your money from these leeches. Get rid of any debt and do not add any more.
    Aug 14, 2011. 10:48 AM | 1 Like Like |Link to Comment
  • Gold Is Overbought: Time to Start Taking Profits [View article]
    As long as bad news keeps coming out of Europe, N.America, or, in fact, anywhere else, gold will be in demand.
    It's less than 16 months 'til the next election in the US and I have a feeling there's lots more bad news to come.
    Rumours are that some countries, eg. Switzerland are readying a new gold-based currency. If so, there'll be lots of demand.
    Aug 11, 2011. 03:17 AM | 1 Like Like |Link to Comment
  • Market recap: An ugly finish wiped out yesterday's big gains, as investors were spooked by the European crisis that has broken through the periphery and attacked the core. Volatility seems the new norm until the worldwide debt crisis is solved - and that's coming, when exactly? Gold touched $1,800, and Treasury yields flirted with record lows. NYSE losers led gainers five to one.  [View news story]
    Ugly finish?
    I thought it was a beautiful finish. (But then, I'm betting it's all going down)
    Aug 10, 2011. 04:55 PM | Likes Like |Link to Comment
  • All of the major European indices have now turned red for the day, with the action in the French banks being particularly ugly. ZH reports on a rumor making the rounds that France is about to be downgraded. Stoxx 50 -1.7%, France -1.5%.  [View news story]
    French banks hold aprox. 40% of Greek debt.
    What else needs to be said?
    Aug 10, 2011. 12:16 PM | 1 Like Like |Link to Comment
  • U.S. Downgraded by S&P - We're AA+ Now [View article]
    As a Canadian, I own only one US stock (Hecla-HL). It's down from where I bought it. As soon as silver rallies and I can get my money out, I'll get rid of it.
    After I sell it, in the near future, I'll not be buying any more US dollar designated investments for quite a while.
    Most, not all, of my money is in Canadian dollars.
    Aug 6, 2011. 11:59 AM | Likes Like |Link to Comment
  • U.S. Downgraded by S&P - We're AA+ Now [View article]
    And it's "you're"; not "your".
    Aug 6, 2011. 11:47 AM | 2 Likes Like |Link to Comment
  • Wall St Panics as the DOW tumbles 1000 Points [View instapost]
    There is no date at the top of this article. This makes it almost useless.
    Note: as soon as I clicked to make a comment the new page had a date on it.
    Suggestion: make sure all articles have a date prominently displayed in the heading.
    Aug 6, 2011. 11:40 AM | Likes Like |Link to Comment
COMMENTS STATS
80 Comments
104 Likes