Mike’s Big Fat Idea
01:40 – 04:09 – Rick Bekkering of Pi Financial recommends a super defensive low volatility stock for growth and income portfolios. Emera Inc. (EMA.TO) operates in the electricity generation, transmission and distribution business throughout eastern North America. 11% dividend growth and 4.5% yield.
05:24 – 19:49 – The last time Mike interviewed Ryan Irvine Feb 25th 2017 he recommended Saskatoon’s International Road Dynamics not once but twice to MoneyTalks listeners in January and February. And lo and behold that $2.60 stock was taken over at $4.25 in June. He also recommended an energy services company that tripled in value while increasing their dividend 3xs, and a Canadian auto body company the Boyd Group (they fix cars) at $87.02 as a recession resistant investment. It closed August 4th @ $94.90. Be sure to catch Ryan’s latest recommendations in this compelling interview. One, PHO.V below is one of his favorites, as it has what he calls a fortress balance sheet with 32 million cash in bank:
For starters according to the most recent Commonwealth Fund ranking Canada’s 9th avoiding dead last in access to healthcare only because the US and France are ahead of us. The only area Canada is above average is in Healthcare spending. Another study finds Canada has the highest proportion of patients waiting over 4 weeks to see a specialist. Despite all this, 78% of Canadians express satisfaction with our healthcare system.
…also from Michael: Dow 22,000!
Good news for investors as the Dow Jones Industrial Average closed for the first time over 22,000. That’s up 20% since Donald Trumps election as confidence continues moving towards the private sector. TSE lags, minimum wage going through in Ontario while BC is setting is up its own commission on minimum wage.
….also from Michael: The Problem Isn’t Minimum Wage – It’s No Wages At All
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A sane voice in a scrambled investment world.
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Inside Edge Pro Contributors
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair
You, Your Investments & Isaac Newton’s 3rd Law
Posted by Michael Campbell
on Saturday, 5 August 2017 17:43
01:07 – 07:12 – Issac Newton’s 3rd law states “For every action, there is an equal and opposite reaction”. We have seen this physical law govern the investing world when for example the dot-com bubble rose spectacularily in 4 years to its highs, then reversed and collapsed all the way back to its starting point three years later. Anticipating when a major trend is going to change is arguably the underlying factor determining profits and losses. Newtons 3rd law is also applicable to to society in general, and with the rise in societal extremism the only thing we can count on is that there will be an equal and opposite reaction. The question? How will that reaction manifest.
…..also Michael’s Mid-Week Update: Dow 22,0000!