Tuesday, May 24, 2016

Sponsor Native Families

Anything I have read about the sponsorship of refuges by Canadians has been very positive. Ones sponsored by people rather than the government does a lot better. They integrate better. They generally get jobs to support themselves much quicker. There have been a lot of positive things reported about this idea.

Perhaps they would be a good way to help our Native families. There are lots of horror stories about how poorly our native families are doing in Canada. We seem to be spending a lot of money on natives. According to what I have read there are billions and billions spent. It seems rather stupid to me that we can do this and still have native families growing up in poverty. Also native children are growing up uneducated.

The current government is talking about spending more money to help natives in Canada. They said that they were talking to experts. Why are they not talking to native people? We seem to have a whole industry set up to help natives. However all these people employed seem to non-natives. How stupid is this?

So we are spending all this money on natives that is not going to native? It does not matter if Indian treaties were fair or in good faith or not. The fact is that the natives are doing very poorly and we are doing very well. We need to make a new deal with the Indians. We need treaties with the Indians that we can both live with.

On my other blog I today I am writing about McCoy Global Inc. (TSX-MCB, OTC-MCCRF) learn more.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Thursday, May 19, 2016

Dividend Yield Testing

Kanwal Sarai on his site called simple investing explains about checking a stock price using dividend yield. This is one test I use and he gives a very complete explanation of this method. He uses the Yahoo site to get current and 5 year average dividend yields.

If you understand this concept, this will bore you. However, if you do not, this is a very clear explanation of the process.

On my other blog I wrote yesterday about Automodular Corp. (TSX-AM.H, OTC-AMZKF) learn more. Tomorrow, I will write about Husky Energy Inc. (TSX-HSE, OTC-HUSKF)... learn more on Friday, May 20, 2016 date around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Tuesday, May 17, 2016

Me and CDZ

CDZ is an ETF (Exchange Traded Fund) that uses the stocks from the TSX's Dividend Aristocrats Index. There stocks are dividend growth stocks. This is a Blackrock fund and you can find information about it here.

Since my portfolio is mostly dividend growth stocks, I thought a comparison with this EFT might be a better comparison than the one I did with the TSX. See my comparison with the TSX in the article I wrote last month called Recovery from Bears.

In the following table, I am comparing the how well I recovered from the last bear against the CDZ ETF. I only compared my portfolio to CDZ for the last bear market as this EFT was not around for the 2000 bear market. When there was a recovery in February 2011, I was up by 15.69% and the CDZ was still down by 1.11%. At the end of the period, I was up by 54.17% and the CDZ was up by 20.47%.

Date Time YoY Y to Beg YoY Y to Beg. CDZ YoY Y to Beg.
30-May-08 $21.59
27-Feb-09 0.75 0.75 -27.63% -27.63% $12.16 -43.68% -43.68%
31-Aug-10 1.51 2.25 40.28% 1.52% $18.89 55.35% -12.51%
28-Feb-11 0.50 2.75 13.96% 15.69% $21.35 13.02% -1.11%
31-May-12 1.25 4.00 -0.91% 14.64% $21.55 0.94% -0.19%
30-May-14 3.25 6.00 34.48% 54.17% $26.01 20.70% 20.47%


In this second table, I am comparing the CDZ against the TSX. As you can see under the Year to Beginning of Table (Y to Beg.), the CDZ did better than the TSX. When this was a recovery, the TSX was still down by 3.93% and the CDZ was only down by 1.11%. At the end of the period, the TSX was only down by 0.75%, but the CDZ was up by 20.47%.

Date Time YoY Y to Beg TSX YoY Y to Beg. CDZ YoY Y to Beg.
30-May-08 14,715 $21.59
27-Feb-09 0.75 0.75 8,845 -39.89% -39.89% $12.16 -43.68% -43.68%
31-Aug-10 1.51 2.25 11,914 34.70% -19.03% $18.89 55.35% -12.51%
28-Feb-11 0.50 2.75 14,137 18.66% -3.93% $21.35 13.02% -1.11%
31-May-12 1.25 4.00 11,513 -18.56% -21.76% $21.55 0.94% -0.19%
30-May-14 3.25 6.00 14,604 26.85% -0.75% $26.01 20.70% 20.47%


I have obviously have done better investing in actual companies. I think that the next thing to look at is sectors the CDZ invests in compared to what I invest in.

On my other blog I wrote yesterday about Ag Growth International (TSX-AFN, OTC- AGGZF) learn more. Tomorrow, I will write about Automodular Corp. (TSX-AM.H, OTC- AMZKF)... learn more on Wednesday, May 18, 2016 date around 5 pm.

Also, on my book blog I have put a review of the book Thinner This year by Crowley and Sacheck learn more...

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Thursday, May 12, 2016

Sectors I Invest In

Near the end of last month, I talked about my recovery from the last two bear markets . I compared my recovery with the TSX recovery and did better. The reason maybe because of the sector allocations of my portfolio with that of the TSX

So, I should talk about is the composition of my portfolio. As you can see in the following tables, my sector allocations are very different from the TSX. I have lots of utilities and Industrials compared to the TSX which has a lot more Energy and Materials.

I used my current investment sectors because I am using the current ones for TSX. I would image these would change because at different times different sectors would do better or worse, so the investment in different sectors would change.

The first table is sorted from largest to smallest using TSX's sectors.

Sector TSX me 2016
Financials 37.48% 34.05%
Energy 19.89% 4.15%
Materials 11.76% 0.16%
Industrials 8.31% 17.90%
Consumer Discretionary 6.45% 6.21%
Telecommunication Services 5.37% 1.80%
Consumer Staples 4.32% 9.82%
Information Technology 2.94% 1.90%
Utilities 2.35% 18.59%
Health Care 1.12% 0.00%
Cash, Near-Cash 5.43%
Total 99.99% 100.01%


This second table is sorted from largest to smallest using my investment sectors.

Sector TSX me 2016
Financials 37.48% 34.05%
Utilities 2.35% 18.59%
Industrials 8.31% 17.90%
Consumer Staples 4.32% 9.82%
Consumer Discretionary 6.45% 6.21%
Cash, Near-Cash 5.43%
Energy 19.89% 4.15%
Information Technology 2.94% 1.90%
Telecommunication Services 5.37% 1.80%
Materials 11.76% 0.16%
Health Care 1.12% 0.00%
Total 99.99% 100.01%


On my other blog I wrote yesterday about WSP Global Inc. (TSX-WSP, OTC- WSPOF)... learn more. Tomorrow, I will write about Progressive Waste Solutions Ltd. (TSX-BIN, NYSE-BIN)... learn more on Friday, May 13, 2016 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Tuesday, May 10, 2016

Update Notes

When I review stock price and dividends each month, I also take the opportunity to look at a bit closer at some of the stocks I cover. These some of the stocks I looked at more closely.

Automodular Corp.

My stock Automodular Corp. (TSX-AM.H, OTC-AMZKF) has again started to buy up stocks on the open market as they feel that the market price is too low. Twitter. You have to wonder if this is the best use of the company's money. They purchased shares at $2.53 and $2.65.

DH Corporation

DH Corporation (TSX-DH, OTC-DHIFF) plunged recently because it missed the quarterly EPS estimates. It was rather overdone and it popped up some 5% on Friday.

Progressive Waste Solutions

Progressive Waste Solutions (TSX-BIN, NYSE-BIN) has merged with Waste Connections, Inc. (NYSE: WCN) and BIN shareholders will own some 30% of the new company. In connection with this merger the dividends received by BIN shareholders will be less. The notice to merge is here. The merger is expected to which is expected to close in the second quarter of 2016.

Atlantic Power Corp.

Atlantic Power Corp. (TSX-ATP, NYSE-AT) has deleted their dividend as part of their changes to overall capital allocation strategy. They announced this with the release of their year-end 2015 results here. They announced changes to their Capital Allocation Strategy in February of this year.

Canadian Pacific Railway

Canadian Pacific Railway(TSX-CP, NYSE-CP) has says they are renewing their commitment to return cash to shareholders in a disciplined manner that affirms our confidence in the long-term plan for CP. See the News Release.

On my other blog I wrote yesterday about MacDonald, Dettwiler & Associates (TSX-MDA, OTC-MDDWF)... learn more. Tomorrow, I will write about WSP Global Inc. (TSX-WSP, OTC- WSPOF)... learn more on Wednesday, May 11, 2016 date around 5 pm.

Also, on my book blog I have put a review of the book The 100 Year Old Man by Jonas Jonasson learn more...

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Thursday, May 5, 2016

Something to Buy May 2016

There is always something to buy in the stock market. On Tuesday, I put out a list of the stocks that I covered and showed what stock might be a good deal based on dividend yield. Now I am trying to categorize what sorts of stocks may be a good deal based on dividend yield.

The advantages to using dividend yield to judge how cheap or expensive a stock is, is that you are not using estimates or old data (like last reported quarter's data). You are using today's stock price and today's dividend yield.

For other testing, like using P/E Ratios and Price/Graham Price Ratios, you use EPS estimates or from the last reported financial quarter. When using P/S Ratios, P/CF Ratios or P/BV Ratios you are using data from the last reported financial quarter.

However, no system is perfect. But if you are interested in buy a stock a list of stocks cheap or reasonable using dividend yield data might be a good place to start.

Categorizing stocks is not as simple as it might seem. Every site you go to has categorized stocks a bit differently. I try to keep this as simple as possible. See my spreadsheet here to see what stocks are showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical average dividend yields (P/Ave), historical median dividend yields (P/Med) or on 5 year median dividend yields (P/5Yr). As in other spreadsheets, you can highlight a line or a number of lines for better viewing.

In the following notes I am only going to list stocks showing as cheap using the historical high dividend yields (P/Hi) and historical median dividend yields (P/Med).

I follow 18 stocks in the Consumer Discretionary category. Of these stocks, only Dorel Industries (TSX-DII.B) is showing as cheap by the historically high dividend yield. Seven (or 39%) are showing cheap by historical median dividend yield. They are Canadian Tire Corporation (TSX-CTC.A); Dorel Industries (TSX-DII.B), High Liner Foods (TSX-HLF); Leon's Furniture (TSX-LNF); Magna International Inc. (TSX-MG), Reitmans (Canada) Ltd. (TSX-RET.A) and Thomson Reuters Corp (TSX-TRI). Newfoundland Capital Corp (TSX-NCC.A) is no longer showing as cheap by historical median dividend yield.

I follow 10 Consumer Staples stocks. None of these stocks are showing as cheap by the historically high dividend yield. Three stocks (or 30%) are showing cheap by historical median dividend yield. These are Empire Company Ltd. (TSX-EMP.A, OTC-EMLAF), Jean Coutu Group Inc. (TSX-PJC.A) and Loblaw Companies (TSX-L). Last month Empire Company Ltd. (TSX-EMP.A, OTC-EMLAF) was showing as cheap by the historically high dividend yield.

I only follow two Health Care stocks and both are US stocks. They are both cheap by the historical median dividend yield. The stocks are Johnson and Johnson (NYSE-JNJ) and Medtronic Inc. (NYSE-MDT). This is the same as for last month.

I follow 7 Bank stocks. None are showing as cheap by the historically high dividend yield. Six stocks (or 86%) are showing cheap by the historical median dividend yield. These stocks are Bank of Nova Scotia (TSX-BNS); Barclays PLC (NYSE-BCS), Home Capital Group (TSX-HCG, OTC-HMCBF), National Bank of Canada (TSX-NA); Royal Bank (TSX-RY) and Toronto Dominion Bank (TSX-TD). There is no change from last month.

I follow 12 Financial Service stocks. None are showing as cheap by the historically high dividend yield. Six (or 50%) stocks are showing cheap by the historical median dividend yield. These stocks are AGF Management Ltd (TSX-AGF.B); CI Financial (TSX-CIX); DirectCash Payments Inc. (TSX-DCI); Gluskin Sheff + Associates Inc. (TSX-GS); IGM Financial (TSX-IGM) and Power Corp (TSX-POW) Equitable Group Inc. (TSX-EQB) and TMX Group Ltd. (TSX-X) was on this list last month.

I follow 5 Insurance stocks. None are showing as cheap by the historically high dividend yield. Four stocks (or 80%) are showing cheap by historical median dividend yield. These stocks are Great-West Lifeco Inc. (TSX-GWO); Manulife Financial Corp (TSX-MFC); Power Financial Corp (TSX-PWF) and Sun Life Financial (TSX-SLF). There is no change from last month.

I follow 12 Real Estate stocks. Also, I am now classifying Real Estate under Financial which is what the TSX does. No stock is showing as cheap by the historically high dividend yield. Four stocks (or 33%) are showing cheap by historical median dividend yield. They are Artis REIT (TSX-AX.UN); FirstService Corp (TSX-FSV), Granite Real Estate (TSX-GRT.UN) and Melcor Developments Inc. (TSX-MRD. There is no change from last month.

I follow 34 Industrial stocks. Because I have so many and Industrial is not very descriptive, I have divided my Industrial stocks into 4 separate categories under Industrial. They are Construction, Industrial, Manufacturing and (Business) Services.

I have 6 Construction stocks. None are cheap by the historically high dividend yield. Four stocks or 67% are showing as cheap by historical median dividend yield. They are Bird Construction Inc. (TSX-BTD), SNC-Lavalin (TSX-SNC), Stantec Inc. (TSX-STN, NYSE-STN) and Toromont Industries Ltd. (TSX-TIH). There is no change from last month.

I have 6 stocks I have left with the sub-index of Industrial. None are cheap by the historically high dividend yield. Three stocks or 50% are showing as cheap by historical median dividend yield. They are Finning International Inc. (TSX-FTT), Methanex Corp. (TSX-MX), and Russel Metals (TSX-RUS). There is no change from last month.

I have 9 Manufacturing stocks. None are cheap by the historically high dividend yield. Last month Hammond Power Solutions Inc. (TSX-HPS.A) was showing as cheap by the historically high dividend yield. Two stocks or 22% are showing as cheap by historical median dividend yield. They are Exco Technologies Ltd. (TSX-XTC, OTC-EXCOF) and Hammond Power Solutions Inc. (TSX-HPS.A). Exco Technologies Ltd. is a new addition.

I have 15 Services stocks. None are showing as cheap by the historically high dividend yield. Last month Pason Systems Inc. (TSX-PSI) showed as cheap here. Four stocks or 27% are showing as cheap by historical median dividend yield. These stocks are Canadian National Railway (TSX-CNR); Mullen Group (TSX-MTL); Pason Systems Inc. (TSX-PSI, OTC-PSYTF) and Transcontinental Inc. (TSX-TCL.A).

I follow 9 Energy stocks. Two Stocks or (22%) are showing as cheap by the historical high dividend yield. They are Ensign Energy Services (TSX-ESI); and Suncor Energy (TSX-SU). Canadian Natural Resources (TSX-CNQ) is no longer on this list. There are three stocks (or 33%) showing cheap by historical median dividend yield. They are Canadian Natural Resources (TSX-CNQ); Ensign Energy Services (TSX-ESI); and Suncor Energy (TSX-SU).

I follow 3 Material stocks. None are showing as cheap by the historically high dividend yield. None are cheap by historical median dividend yield. This has not changed from last month.

I follow 8 Tech stocks. None are showing as cheap by historical median dividend yield. Four stocks (or 50%) are showing cheap by historical median dividend yield. They are Absolute Software Corporation (TSX-ABT); Calian Technologies Ltd (TSX-CTY), Computer Modelling Group Ltd. (TSX-CMG) and Evertz Technologies (TSX-ET). There is no change from last month.

I follow 8 of the Infrastructure type utility companies. None are showing as cheap by historical high dividend yield. Four stocks (or 50%) are showing cheap by historical median dividend yield. They are AltaGas Ltd (TSX-ALA, OTC-ATGFF); Enbridge Inc. (TSX-ENB, NYSE-ENB), TransCanada Corp (TSX-TRP, NYSE-TRP) and Veresen Inc. (TSX-VSN, OTC-FCGYF). There is no change from last month.

I follow 12 of the Power type utility companies. None are showing as cheap by the historically high dividend yield. Two stocks (or 17%) are showing cheap by historical median dividend yield. They are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), and Fortis Inc. (TSX-FTS, OTC-FRTSF). There is no change from last month.

I follow 5 of the Telecom Service type utility companies. One stock is showing cheap by the historical high dividend yield. It is Shaw Communications Inc. (TSX-SJR.B, NYSE-SJR). Three stocks (or 60%) are showing cheap by historical median dividend yield. These stocks are Shaw Communications Inc. (TSX-SJR.B, NYSE-SJR); Telus Corp. (TSX-T, NYSE-TU) and WiLan Inc. (TSX-WIN, NASDAQ-WILN).

The last stock I wrote about was about was Power Financial Corp. (TSX-PWF, OTC-POFNF)... learn more . The next stock I will write about will be Thomson Reuters Corp. (TSX-TRI, NYSE-TRI)... learn more on Friday, May 6, 2016 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Tuesday, May 3, 2016

Dividend Stocks May 2016

First I want to point out that not all of the stocks I follow are great investments. I follow a diverse selection of stocks. There are some that I would never invest in personally. I follow a number of resource stocks even though I personally have little invested in this area. I follow what I find interesting and with resource stocks, I think it is important for Canadians to know what is happening in the resource area. On the other hand I do follow of good number of great dividend growth stocks.

The theory is that you should use the dividend yield to see if a dividend stock is selling at a stock price that is relatively cheap. A stock price is considered cheap if it is selling at a dividend yield higher than the historical high yield or higher than the historical average yield or historical median yield. See my spreadsheet at dividend growth stocks that I just updated for May 2016.

On this list,
  • I have 4 stocks with a dividend yield higher than the historical high dividend yield,
  • I have 40 stocks with a dividend yield higher than the historical average dividend yield
  • I have 61 stocks with a dividend yield higher than the historical median dividend yield and
  • 56 stocks with a dividend yield higher than the 5 year average dividend yield.
When I did my list last month,
  • I have 8 stocks with a dividend yield higher than the historical high dividend yield,
  • I have 41 stocks with a dividend yield higher than the historical average dividend yield
  • I have 65 stocks with a dividend yield higher than the historical median dividend yield and
  • 63 stocks with a dividend yield higher than the 5 year average dividend yield.
When I did my list in January 2014,
  • I had 9 stocks with a dividend yield higher than the historical high dividend yield,
  • I had 45 stocks with a dividend yield higher than the historical average dividend yield and
  • 39 stocks with a dividend yield higher than the 5 year average dividend yield.
If you had one share of each stock, total dividends last month would be $143.36. This month dividends would be $143.47. Of the stock that I follow 3 stocks has raised their dividends since last month. Dividends raises are denoted in green. Those stocks are shown below.

Canadian Pacific Railway (TSX-CP, NYSE-CP)
Jean Coutu Group Inc. (TSX-PJC.A, OTC-JCOUF)
Johnson and Johnson (NYSE-JNJ)

Of the stocks that I follow 1 company has decreased their dividends. I have denoted these dividends in red. The stocks are shown below.

Progressive Waste Solutions (TSX-BIN, NYSE-BIN)

Of the stocks that I follow 1 company has suspended their dividends. I have denoted these dividends in red. The stocks are shown below.

Atlantic Power Corp. (TSX-ATP, NYSE-AT)

Most of my stocks started out as Dividend Payers. With ATP suspension of dividends, currently 13 stocks are not paying any dividends and this would be some 8.78% of the stocks that I follow. Three of these stocks never had dividends, so 6.76% of the stocks I follow have suspended their dividends. The three stocks that never paid dividends are Ballard Power Systems Inc. (TSX-BLD, NASDAQ-BLDP0, Blackberry Ltd. (TSX-BB, NASDAQ-BBRY) and Kombat Copper Inc. (TSX-KBT, OTC-PNTZF)

I am showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical average dividend yields (P/Ave), historical median dividend yields (P/Med) or on 5 year median dividend yields (P/5Yr). See these fields on the right side of the file. You can highlight a particular stock using your cursor to highlight the appropriate line.

There are always some stocks to buy because they are priced reasonably. There are always stocks to currently avoid because they are overpriced. Looking at dividend growth stocks that are selling at stock prices that give them a dividend yield above the historical median dividend yield are probably the best bet.

The stocks that are selling at prices that give them a dividend yield above the historical high yield could be good stocks to buy. However, these stocks may be selling so cheap because of current troubles, especially financial troubles and should be treated with caution. Do not forget that I have all the stocks I follow on this spreadsheet and some are much better investments than others.

You should always investigate a stock before you buy. Sometimes different stocks in certain sectors are just out of favour or the stock market is just in one of its declines. However, a stock may be relatively cheap because it has problems. That is why you should always investigate a stock before buying.

Looking at stock this way is equivalent to a stock filter. A main problem I know of is for the old income trusts. These companies have generally lowered their dividend yields forever and they will probably never get back to the old dividend yield highs they made as an income trust company. For these stocks, you might be better comparing the current dividend yield to the 5 year median dividend yield.

Also, on some stocks I have a lot more information years in my spreadsheets than for other stocks. So, finding a stock on the list as "cheap" is only the first step in finding a stock to buy. This is the same with any other sort of stock filters that you can use.

The last thing to remember is that I have entering figures into a spreadsheet. I could put them in incorrectly, I can transpose figures and I can misread figures. This is another great reason why you should check a stock out before investing. As this is just a filter, it works better on some stocks than on others.

See my entry on my methodology in establishing the historical dividend yield highs and lows for the stocks that I cover. I have an entry on my introduction to Dividend Growth. You might want to look at my original entry on Dividend Growth Stocks. I have also written about why I like Dividend Growth companies.

The last stock I wrote about was about was be Fortis Inc. (TSX-FTS, OTC-FRTSF)... learn more . The next stock I will write about will be Power Financial Corp. (TSX-PWF, OTC-POFNF)... learn more on Wednesday, May 4, 2016 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.