Welcome to my blog about investing and stock markets! Please fell free to comment on my ideas.
Recent Posts
Market Updates
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April 29 2022
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Power Engineers vs P.Eng in Alberta Canada
Working as a Power Engineer you could earn twice the salary compared to a Professional Engineer, with only a high school diploma and a few months of training.
Did I get your attention? I see you looking skeptical, seems like another YouTube marketing scam doesn’t it.
It’s true, in Alberta, with only a certificate and overtime hours, you can make between $200,000 and $250,000 while a P.Eng earns only $120,000.
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Best ETF Portfolio
Economists describe countries as having life stages. Emerging markets benefit from an abundance of cheap labor during a period of manufacturing growth, then move from building things to a service-based economy. Hong Kong, for example, was a center for manufacturing and progressed into banking and services.
Countries become wealthier with time because of technological advancement. Provided that investors or shareholders are treated equitably, they join the ride to wealth. The word equities is based on the concept of “equal treatment”.
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Money Laundering in British Columbia, Canada
What makes Canada an emerging market? Corruption and nepotism. These two aspects make the country impossible to invest in. Video of money laundering at BC casinos DIRTY MONEY REPORT.
pic.twitter.com/mlUk0S6zt7
— dollarette (@dollaretteco) June 27, 2018
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Canada Is An Emerging Market (From a stock market valuation perspective)
When I think of emerging markets, I picture somewhat disorganized countries with dusty streets offering cheap vacations on travelocity.com, however I recognize some key features such as:
Heavily dependent on commodities with stock market valuations following commodity fluctuations More volatile markets compared to developed markets Political turmoil Reliance on other countries (usually stronger ones) for trade I looked for other definitions of emerging markets and found various interpretations starting with the 1970’s term “less develped countries” (LDCs).
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Canada Political Instability
The Canadian market has produced almost no wealth for the last 10 years, but the oil portion has been even worse. In a desperate attempt to appease investors in the Canadian oil market, the government will provide financial support of a public oil company. The reasoning is described by the Finance Minister, Bill Morneau.
Morneau studied at the University of Western Ontario, INSEAD, and the London School of Economics (LSE). Since November 4, 2015, he has been Canada’s Minister of Finance.
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Innovation in Canada
Around the year 2000, there was a push by the Canadian government to get students interested in computer science and engineering. I benefited from these efforts by attending a computer science program at UBC tailored for graduates from non engineering disciplines. As the year 2010 rolled around and US tech giants started to gain their footing, the innovation message in Canada seemed to disappear. The message was replaced by a resounding voice by the government to focus on the resource sector.
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Westjet ex-CEO
West-Jet CEO: Aircraft were old planes that sat in the desert for 6 months and in less that perfect shape - nothing unairworthy but little glitches that resulted in the aircraft being grounded.
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Co-founder Open Text
Future thinking view from co-founder of OpenText.
Contrasted with the emotionally charged view from a popular Canadian business owner who suggests a war between provinces.
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