Canadian Investing and Personal Finance
The video is about analyzing value investing for dividends and cashflow. I review the various ratios, and talk about the economic moat and the overall approach.
The Canadian Money Talk channel concentrates on Canadian investing and personal finance in Canada.
I look at the market, market news, market updates and overall business news for the week ending September 2, 2022.
The Canadian Money Talk channel concentrates on Canadian investing and personal finance in Canada.
The video looks at the different asset types like bonds, stocks, alternative investments, commodities etc. that you would like to have in your portfolio.
Bank of Nova Scotia reported on Tuesday, August 23, and their interest revenue was not as high as expected (by a penny per share), nor was the interest margin, and neither was the foreign income. The trading revenue was down as well.
The stock pulled back 5% on Tuesday, and another 2% Wednesday, and I purchased an additional 150 shares at $74.94 CAD. The bank’s dividends are safe and are now at 5.5% yield for the current stock price. The dividends are increasing at 6% per year as well.
Please do your own research prior to any purchases.
On Tuesday, August 16, 2022, Canada reported its Consumer Price Index for year-over-year for July, with a 7.6% CPI, down from 8.1% for the year ending in June. That was the good news, but it was mostly because gasoline and groceries went down, while core CPI has stayed the same. Bank of Canada said there’s more work to be done, indicating more interest raises. The Bond Markets are pricing in a high likelihood of a 0.75% rate hike in September.
This is to welcome you to the Canadian Money Talk website. I hope you’ll find it interesting and useful.
Canadian Money Talk