the Wealthy Canadian

Empowering Investors

Entries from September 2007

Wild speculation about the price of oil

September 20th, 2007 · No Comments

I just had an interesting thought related to my post about oil prices versus the exchange rate.
CAD is based, in part, at how valuable Canadian exports are, particularly commodities. Commodities are priced in terms of USD. Is it possible to find ourselves in some type of positive feedback situation sending both up higher [...]

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Tags: Economics · General

Moving to the greener pastures of Saskatchewan doesn’t make cents.

September 19th, 2007 · 12 Comments

I just read an article about how people are moving to Saskatchewan thinking that it is cheap and finding out how wrong they were, that story here. As a recent Saskatchewan boy returned home I thought I’d weigh in.
The article mentions a tool that the Saskatchewan government uses in its marketing campaign to entice [...]

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Tags: General · Real Estate

What the heck is a FOREX?

September 18th, 2007 · 2 Comments

Whether you are an investor or a trader it is important to understand how global currencies can affect you. If you own all Canadian equities, the equities all rise but the Canadian dollar tanks, are you still doing well? Not really. If you want to travel or purchase any goods imported from outside Canada then [...]

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Tags: Economics · Forex · Planning

Resource exports and the dollar

September 17th, 2007 · 1 Comment

I’m confused by the lack of movement in the energy sector over the past couple years.  I tried to explain it away by the price of the dollar.  Here is where I’ve gotten…
It would seem to be a great time to be a Canadian natural resource supplier. Every commodity that we offer has [...]

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Tags: Economics

Reflect and improve.

September 14th, 2007 · No Comments

Imagine a company that is listed on the DJIA, has a monopoly on its business, includes the American government as a customer, and (best of all) consistently produces an annual return on invested capital of 30%.  That was the story of the Pacific Mail Steamship Company; for fifty years it was a great investment, until [...]

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Tags: General · Planning