September 2016 Investment Report

Only three months left in 2016.

***

September was our annual pilgrimage to Penticton to watch my son coach the Edmonton Oilers at the Young Stars Tournament.

penticton

September in British Columbia

***

September Results

Markets were mixed for the month of September with the Canadian market (TSX) up just under one percent for a YTD gain of over 13 % and the US markets down up to one half a percent for a YTD gain of between 5 and 6%.

Continue reading

Posted in Commentary | Leave a comment

August 2016 Investment Report

Laurier House

Laurier House in Ottawa where my uncle worked with Prime Minister Mackenzie King

Family History Mixed With Canadian History

August was a month to travel to Ontario with the grandkids. I took the opportunity to visit Laurier House in Ottawa to explore my heritage.  My Uncle Deane Russell worked for Prime Minister Mackenzie King from 1939 to 1945.  My uncle wrote a memoir of his time with the PM and I was able to get the Alberta Historical Society to agree to publish it  – coming out later this year.  I created a family version which you can see by clicking the picture above.

***

August Results

The markets were pretty flat this month with a fractional gain or loss, leaving the YTD relatively untouched from last month. Continue reading

Posted in Commentary | Leave a comment

July 2016 Update

 

California meets Calgary in Regina

Tony

One of the few times I get to visit with my son.

 

***

July Results

Both the Canadian and US markets had great months in the range of 3% or more.  This brings the TSX to 12% YTD and the US markets at 6%, making for what could be a good year if there are no major pullbacks.

Continue reading

Posted in Commentary | 3 Comments

June 2016 Update

June was all about Grandkids

blog pic

First Priority – Family

Exactly two years ago, we entered the land of retirement.  Family has occupied most of our time, but we managed to slip in considerable travel plus my writing, and, of course, my investment analysis.

***

June Results

A bit of a roller coaster on the markets this month with the Brexit vote.  The markets tried to guess the outcome of the vote, first by dropping in anticipation of a “No” vote, then gaining with an expected “Yes” vote and ultimately tanking after the actual vote came in “No”.  Short term market moves are almost always driven by raw emotion.  However in the long run, markets ultimately react to the fundamental performance of the companies on the market.  The markets regained their sanity by the end of the month, ending up flat in Canada and a modest gain in the US.

This proves again that “timing” the market is a fools errand.  What works over the long haul is “Time In” the market.

Continue reading

Posted in Commentary | 3 Comments

May 2016 Update

May Travels

May Travel

In May we travelled to Hangzhou, China and Kuala Lumpur, Malaysia

***

May Results

All markets were up for the month, in spite of a small drop late in the month.  The Canadian market gained just under 1% for a YTD total of over 8%.  The US markets are back in the black – over 2% for the year-to-date.  The Canadian dollar lost over 4% against the US dollar in May, but is still above where it was at the end of 2015.

Continue reading

Posted in Commentary | 5 Comments

April 2016 Update

The Start of Spring

***

Brian run start

First race of the year – 5 km run. Time 26:30 – getting slower with age.

***

April Results

Although the markets slid in the last part of the month, it was  a pretty good month overall.  The TSX rose 3.39% in April for a YTD gain of 7.24%.  The US markets rose by a quarter to half a percent for a YTD gain of between 1% and 2%.

Continue reading

Posted in Commentary | 1 Comment

March 2016 Update

***

WP March Pic

March was a busy month for travel – Phoenix, Regina, California

***

March Results

Finally, a great month.  All markets were up between 5 1/2 % to 6 1/4% since my last report.  That brings the TSX to a positive 3.72% for the year to date, and the US markets are up 1.5% for the DJIA and almost 0.8% on the S&P on the year.

Continue reading

Posted in Commentary | Leave a comment