Hey everyone, its been a while.
There’s been a lot on my plate and I haven’t had time to put my investment thoughts down in so long but things have eased a bit and I’m thinking of setting up a few portfolios again. Still thinking you’d like to join in the journey? Stay tuned over the next few weeks as I release my thoughts on how the market is reacting to various issues - China and US debt, US election outcome, Canada’s looming housing crisis and several other thoughts.
By the way, here’s a quick thing i’m thinking about. Nigeria has finally been able to ramp up oil production, according to NNPCL, back above 1.6mbd. This means they’ll get more dollars and potentially see the naira appreciate over the next few months. I’m going to convert a few CAD to naira and wait it out till that happens and make a little profit off the naira trade back to CAD. I expect that to happen within the next few months. Usually, the trickle-down effect takes about 2 months so be patient.
Anyway, back to more serious matters. We will be restarting paid subscriptions and so if you have no intention of paying, this is a good time to cancel your subscription and become a free post only subscriber.
PAID SUBSCRIPTIONS WILL RESTART AT THE END OF NOVEMBER.
so what’s getting me back into this? A number of things
College isn’t far away so need to make sure those investments are growing well
US elections are over and our ‘Trump Market’ may be back
Interest rates are coming down; fund managers need to redeploy those funds back into risky assets.
China is reducing interest in US debt, launching its own US denominated debt and still has a housing problem even though they’ve kicked the can down the road as long as they can
As usual, the plan is to identify stocks that have good earnings, growth, have buy recommendations and several analysts monitoring them. We’re not in it to make quick profit but that does happen.
Anyway, this is only to say i’m back and should be releasing some ideas over time. Let’s get this going.