Sunday, 26 April 2015
Saturday, 25 April 2015
I'm Back
I read a LinkedIn entry where the person described themselves as a volunteer as well as their regular job. I will be adding volunteer to my entry as well. I won't be volunteering, just adding the description. Philanthropist as well as I donate money to worthy causes.
I am taking up Miming. Not silent miming but verbal mime. It is a controversial wing of the miming community that combines miming with poetry. There is a broad section of the general public that love mime and poetry and I plan to give them both at the same time.
The city of Toronto is slowly, but steadily, transforming the waterfront. It comes in phases with a combination of public spaces, condos and office towers. Always there is public access to the water's edge with boardwalks, faux beaches and parkland.The "NO" crowd want nothing but parkland on the waterfront. No condos, no buildings, just parkland. In fact many would prefer natural parkland with high grasses and weeds. The reality is that if you build parkland only the area would remain empty of people. Part of city building is having people live and work on the waterfront. You build communities and that is what the city is doing. The taxes and fees generated by developers and residents pay for the waterfront access and parks.
The extreme right and extreme left in this city are against progress. The right does not want to invest in infrastructure or build attractions, the left is against private development and want taxpayers money to fund people who do not work and contribute little to society.
I note that Mike Layton and other left leaning councillors are against loosening the rules for food trucks in downtown. This is another example of protecting the few at the expense of the majority.
A great myth in Canada is that Ontario is a high tax, big spending jurisdiction. In reality it is one of the lowest taxed provinces in Canada and spends the least amount per capita in the country. If you want to go to a province that spends money move to Alberta. Read the Globe and Mail editorial on the Ontario budget.
I don't respect Stephen Harper as a man or a politician. I do not recognise him as the leader of Canada. His targeted tax cuts and spending are a fraud. He did not target me and succeeded in missing me with his tax cuts.
I'm not a fan of Premier Wynne but her budget was a fair document. She should not be afraid to bring in tolls to raise money for transit. Loosen the liqour laws that frighten the extreme right and extreme left. Drivers argue that tolls tax vehicle users to fund public transit. Who built the roads you drive on, or plows that clear the snow?
I am taking up Miming. Not silent miming but verbal mime. It is a controversial wing of the miming community that combines miming with poetry. There is a broad section of the general public that love mime and poetry and I plan to give them both at the same time.
The city of Toronto is slowly, but steadily, transforming the waterfront. It comes in phases with a combination of public spaces, condos and office towers. Always there is public access to the water's edge with boardwalks, faux beaches and parkland.The "NO" crowd want nothing but parkland on the waterfront. No condos, no buildings, just parkland. In fact many would prefer natural parkland with high grasses and weeds. The reality is that if you build parkland only the area would remain empty of people. Part of city building is having people live and work on the waterfront. You build communities and that is what the city is doing. The taxes and fees generated by developers and residents pay for the waterfront access and parks.
The extreme right and extreme left in this city are against progress. The right does not want to invest in infrastructure or build attractions, the left is against private development and want taxpayers money to fund people who do not work and contribute little to society.
I note that Mike Layton and other left leaning councillors are against loosening the rules for food trucks in downtown. This is another example of protecting the few at the expense of the majority.
A great myth in Canada is that Ontario is a high tax, big spending jurisdiction. In reality it is one of the lowest taxed provinces in Canada and spends the least amount per capita in the country. If you want to go to a province that spends money move to Alberta. Read the Globe and Mail editorial on the Ontario budget.
I don't respect Stephen Harper as a man or a politician. I do not recognise him as the leader of Canada. His targeted tax cuts and spending are a fraud. He did not target me and succeeded in missing me with his tax cuts.
I'm not a fan of Premier Wynne but her budget was a fair document. She should not be afraid to bring in tolls to raise money for transit. Loosen the liqour laws that frighten the extreme right and extreme left. Drivers argue that tolls tax vehicle users to fund public transit. Who built the roads you drive on, or plows that clear the snow?
Monday, 30 March 2015
Wednesday, 4 March 2015
Monday, 2 March 2015
Betting on America
I have moved much of my investments into the American economy. I may be too late to make big money but I'm convinced that America will outperform Canada. I have sold Canadian stocks and bought US ETF's. Not everything as I still have substantial Canadian holdings.
Obama's economy is outperforming Harper's by a wide margin. I did make one great call a couple of weeks ago. I have owned quite a large holding in Fairfax Financial for the past 15-years since I left the company. I have always been a buy and hold investor. Fairfax stock has increased from about $150 a share to $640 over the years. Fairfax bought a London insurance company called Brit two weeks ago. The stock increased $50 in one day. I pulled the trigger and sold at $690 a share. I made $7,500 in one day. I bought US ETF's with the money. I have made another $1,000 in the past two weeks. Fairfax has fallen back to $650 a share. A rare example of timing the market.
This does not mean that I will be ahead in the long run but I have good feeling about going all-American. Feels good to bet against Harper.
Obama's economy is outperforming Harper's by a wide margin. I did make one great call a couple of weeks ago. I have owned quite a large holding in Fairfax Financial for the past 15-years since I left the company. I have always been a buy and hold investor. Fairfax stock has increased from about $150 a share to $640 over the years. Fairfax bought a London insurance company called Brit two weeks ago. The stock increased $50 in one day. I pulled the trigger and sold at $690 a share. I made $7,500 in one day. I bought US ETF's with the money. I have made another $1,000 in the past two weeks. Fairfax has fallen back to $650 a share. A rare example of timing the market.
This does not mean that I will be ahead in the long run but I have good feeling about going all-American. Feels good to bet against Harper.
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