Believe it not, tiny retail investors get big advantages over giant stock traders. We can move tens and even hundreds of thousands of dollars for at most a $10.00 fee and do it at the market price without pushing the price up or down (usually). Giant traders can't do this.

Warren Buffett has explained that stock investing (ownership) is one area where sloth and inertia are rewarded. Select carefully, buy and then do nothing. Don't touch. Go to the movies. Find something else to do.

While retail investors get no disadvantage in the stock market (low fees, tiny bid / ask spreads) retail investors get a huge disadvantage in the bond market. Wide bid / ask spreads and opaque markets. We are not wanted in the bond market it seems.

The U.S. Social Security system pays out WAY higher than Canada’s CPP plus OAS in many cases. But social security is unfunded and unsustainable. CPP is not fully funded but it is about one third funded with about $700 billion invested and is highly sustainable.

It is said that the U.S. social security system is totally unsustainable and requires that by 2033 pensions be cut, contributions be hugely increased or it be massively subsidized by tax payers. Not much attention is being paid to this dangerous situation.

Alberta power generation random check: As of 11:15 am, wind power is doing well running at 47% of its capacity and contributing 21% of the load. Solar is weak at just 19% of its theoretical capacity and contributing 3% of the load. Natural gas is contributing 71%. Thanks gas!

Alberta electricity random check: Whole sale power price at 11:20 am is just 4.0 cents per kWh despite a high load in the province. Right now, 8% of Alberta's electricity generation is being exported - mostly to B.C. ets.aeso.ca/ets_web/ip/Mar…

Unpopular opinion: You should not consider yourself a millionaire in the real meaning of the word unless you have $10 million in wealth. $10 million today is worth what one million was in about 1955. “You’re poorer than you think”.

The cruel truth is: “money begats money” young people need to try to save some money to invest or start a business. If you can start building financial wealth outside of a principle residence you will be vastly ahead of the game. But yes it’s often very tough to get started.

The Toronto Stock market is up another 1% today. Pushing close to a 30% gain for the year!! Bank stocks jumping on strong earnings reports. My goodness, good times for the investor class. It's raining money. Did you grab a tub or a just a thimble or nothing at all? (Buffett ref.)

I hate to be rude but is "Parents need to be paid for driving them {their own kids] instead of buses" (on snow days when the buses don't run) the craziest and most socialist comment seen in a while? And I know there are some doozies to compete with #UBI.

Years ago we might have said Canada can't compete with the manufacturing wages in China. Well, now so much of manufacturing is automated with robots. So what's the problem? We can have robots build robots which will then build cars. You're welcome.

You can make a LOT of mistakes in investing and will always miss out on things you owned and sold which then soar or you thought about buying but did not. But even with a lot of mistakes most investors do well over the years as long as you avoid big risks and huge mistakes.

The absolute KEY in investing is to somehow find a way to get started and adding to that regularly for probably at least 20 years. It’s hard to go wrong if you do that and don’t make huge mistakes and diversify with a decent exposure to equities.

Good news here. The tide has finally turned against development fees. They will cascade lower across the country now. especially where they were outrageous.

Are we sure that ALL adults should have the right to vote? It’s scary how deluded an awful lot of voters are. Good thing artificial intelligence is coming since natural human intelligence is disappearing fast.

If a company doubles its net income in say seven years but its owners equity has also doubled due to retained earnings or share sales then its return on equity is unchanged and unless that ROE is at least in double digits this is absolutely nothing to brag about. NOTHING!

Math is important in investing. But the Bell Curve of math abilities is extremely wide and flat. What percent of the adult population in Canada and the U.S. could do and understand a compound percent growth calculation even with a good calculator in hand? Surely less than half?

Is there any evidence that the stock market understands basic math at this point?

Have Canadians ever felt they needed to have their drivers licence with them when walking in public. ? I never dreamed I had to, but then I’m a white boomer. Racial Minority Americans and any one looking shabby are now wise to carry their passports. It’s stunning!