The thing is that stocks may not be currently growing their dividends now as they did in the past. Times change and the economic conditions for certain stocks can change. So I thought it would be interesting to see for the stocks I talked about Tuesday what the current growth is compared to the growth I had.
In looking at Royal Bank of Canada (TSX-RY, NYSE-RY) I noticed that my dividend growth over the past 22 years was at 11.60% per year. However, the dividend growth on this stock over the past 5 and 10 years is lower at 9.00% and 8.93% per year.
For Bank stocks the slowdown has happened since banks had trouble in 2008. There were no increases in 2009 and 2010. There is only one year of 2014 with an increase of 12.20% where the increase was at or above my growth rate of 11.60%.
For SNC-Lavalin Group Inc. (TSX-SNC, OTC-SNCAF) the current dividend growth rates are lower also and the slowdown occurred after 2011. For this stock, the problem was the scandal that occurred in 2012. You can read about this with an article at CBC News.
For SNC-Lavalin Group Inc. my dividends grew at 17.64% per year over the 19 year period I held them. Currently the dividends have growth at 4.36% and 13.24% per year over the past 5 and 10 years. As the sandal was handled by the company, they are doing better and you can see that in the current higher growth in dividends. The last increase was in 2017 and it was for 5%.
For Metro Inc. (TSX-MRU, OTC-MTRAF) the dividend growth is slightly lower. For the 13 years I held this stock I have had a growth rate of 18.63% per year. The current growth rates over the past 5 and 10 years are at 17.30% and 14.52% per year. The last increase was in 2017 and it was for 16.1%
For the Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF) stock that I have held for 17 years, I have an average growth of 13.39% per year. Currently the dividend growth is stronger with the 5 and 10 year growth at 15.90% and 13.30% per year. The last increase was in 2017 and it was for 13%.
For Emera Inc. (TSX-EMA, OTC-EMRAF) during the 12 years I held this stock my dividend growth rate was 9.35% per year. On this stock the current growth rate is slightly lower with 5 and 10 year growth rates at 8.73% and 8.41% per year. The last increase was in 2016 and it was for 10%.
For Canadian Real Estate Investment Trust (TSX-REF.UN, OTC-CRXIF), for the 11 years I held this stock, I have a distribution growth rate of 4.50% per year. Currently, the 10 year growth in distribution is lower and the 5 year growth rate is higher. Currently the 5 and 10 year distribution growth rate is 4.95% and 3.49% per year. The last increase was in 2017 and it was for 2.2%.
For the stock that I follow, when look at 5 and 10 year dividend growth rates, I find that 50% of the stock have 5 year growth higher than the 10 year growth. Some 47% of my stocks have a 5 year growth rate lower than the 10 year rate. Some 3% have the same growth over the past 5 and 10 years.
On my other blog I wrote yesterday about Badger Daylighting Ltd. (TSX-BAD, OTC- BADFF)... learn more. Tomorrow, I will write about Chemtrade Logistics Income Fund (TSX-CHE.UN, OTC-CGIFF)... learn more on Friday, September 1, 2017 before 11am. I have another Friday road trip.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Thursday, August 31, 2017
Tuesday, August 29, 2017
Dividend Growth Stocks
Why you buy dividend growth stocks is because you can get some really good dividend yields when you hold the stocks for some year. The longer you hold a stock the higher the dividend yield on your stock's purchase price. This is how you win in the stock market.
I bought Royal Bank of Canada (TSX-RY, NYSE-RY) in 1995. On my original purchase, I am making a 47.9% dividend yield. Say I spent $10,000 on this stock on 1995. That means that in the current year I will make $4,790 in dividends after holding this stock for some 22 years. When I bought this stock, I got a 4.27% dividend yield. Of course Canadian Banks are some of the best dividend payer on the TSX.
Another example is Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF). I bought this stock in 2000 so I have had this stock for some 17 years. When I bought this stock it had a 1.79% dividend yield. This year I will earn 11.7% on my original purchase price. So if I paid 10,000 for this stock in 2000, I will get $1.170 in dividends this year. This is a Consumer Discretionary stock.
The next one is a Consumer Staple stock. They tend to have low yields, but good growth. I bought Metro Inc. (TSX-MRU, OTC-MTRAF) in 2004 some 13 years ago. When I bought this stock the dividend yield was 1.87%. This year I am earning 11.04% on my original purchase price. So that means I will get $1,104 in dividends this year.
Another example is SNC-Lavalin Group Inc. (TSX-SNC, OTC-SNCAF) which I bought in 1998 some 19 years ago. When I purchased this stock it had a 2.35% dividend yield. On my original purchase price I am making a yield this year at 32.12%. This means if I had paid $10,000 for this stock, this year I would get $3,212 in dividends.
An example I have of a utility is Emera Inc. (TSX-EMA, OTC-EMRAF). I bought this stock in 2005. They have a good dividend, currently at 4.36% and low growth. When I bought this stock it had a 4.70% dividend yield. The 5 and 10 year dividend growth is at 8.7% and 8.4% per year over the past 5 and 10 years. This year I am earning 11.03% in dividends. So if I invested $10,000 initially, I would get $1,103 in dividends this year after some 12 years.
The examples would not be complete without a REIT. REITS tend to have moderate to good distributions with low distribution growth. I bought Canadian Real Estate Investment Trust (TSX-REF.UN, OTC-CRXIF) in 2006 some 11 years ago. When I bought this stock it had a 4.50% distribution yield. This year I am earning 7.09% on my original investment. This means if I have paid $10,000 for my initial investment I would be earnings $709.00 in distributions this year.
For REITs, do not forget that distributions are not dividends and there are different taxes. In 2016, 1.90% was capital gains, 4.44% was Foreign Business Income, 84.29% was other income (Taxed like interest income) and 9.38% was Return of Capital. You pay no tax on return of capital until your total return of capital equals your stock's purchase price.
Making money in the stock market can take time. You want to start early and get some dividend growth stocks and just let them grow their dividends.
On my other blog I wrote yesterday about Andrew Peller Ltd. (TSX-ADW.A, OTC-ADWPF)... learn more. Tomorrow, I will write about Badger Daylighting Ltd. (TSX-BAD, OTC- BADFF)... learn more on August 30, 2017 around 5 pm
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
I bought Royal Bank of Canada (TSX-RY, NYSE-RY) in 1995. On my original purchase, I am making a 47.9% dividend yield. Say I spent $10,000 on this stock on 1995. That means that in the current year I will make $4,790 in dividends after holding this stock for some 22 years. When I bought this stock, I got a 4.27% dividend yield. Of course Canadian Banks are some of the best dividend payer on the TSX.
Another example is Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF). I bought this stock in 2000 so I have had this stock for some 17 years. When I bought this stock it had a 1.79% dividend yield. This year I will earn 11.7% on my original purchase price. So if I paid 10,000 for this stock in 2000, I will get $1.170 in dividends this year. This is a Consumer Discretionary stock.
The next one is a Consumer Staple stock. They tend to have low yields, but good growth. I bought Metro Inc. (TSX-MRU, OTC-MTRAF) in 2004 some 13 years ago. When I bought this stock the dividend yield was 1.87%. This year I am earning 11.04% on my original purchase price. So that means I will get $1,104 in dividends this year.
Another example is SNC-Lavalin Group Inc. (TSX-SNC, OTC-SNCAF) which I bought in 1998 some 19 years ago. When I purchased this stock it had a 2.35% dividend yield. On my original purchase price I am making a yield this year at 32.12%. This means if I had paid $10,000 for this stock, this year I would get $3,212 in dividends.
An example I have of a utility is Emera Inc. (TSX-EMA, OTC-EMRAF). I bought this stock in 2005. They have a good dividend, currently at 4.36% and low growth. When I bought this stock it had a 4.70% dividend yield. The 5 and 10 year dividend growth is at 8.7% and 8.4% per year over the past 5 and 10 years. This year I am earning 11.03% in dividends. So if I invested $10,000 initially, I would get $1,103 in dividends this year after some 12 years.
The examples would not be complete without a REIT. REITS tend to have moderate to good distributions with low distribution growth. I bought Canadian Real Estate Investment Trust (TSX-REF.UN, OTC-CRXIF) in 2006 some 11 years ago. When I bought this stock it had a 4.50% distribution yield. This year I am earning 7.09% on my original investment. This means if I have paid $10,000 for my initial investment I would be earnings $709.00 in distributions this year.
For REITs, do not forget that distributions are not dividends and there are different taxes. In 2016, 1.90% was capital gains, 4.44% was Foreign Business Income, 84.29% was other income (Taxed like interest income) and 9.38% was Return of Capital. You pay no tax on return of capital until your total return of capital equals your stock's purchase price.
Making money in the stock market can take time. You want to start early and get some dividend growth stocks and just let them grow their dividends.
On my other blog I wrote yesterday about Andrew Peller Ltd. (TSX-ADW.A, OTC-ADWPF)... learn more. Tomorrow, I will write about Badger Daylighting Ltd. (TSX-BAD, OTC- BADFF)... learn more on August 30, 2017 around 5 pm
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Thursday, August 24, 2017
Stable Economies
As much as everyone seems to like to have a stable economy, there is no such thing unless you want an authoritarian government that will suppress the economic activities of the people. Problem is that economies exist because people do things. So to get a stable economy you cannot let people do things. You limit what they can buy and sell. You limit where and how they live. You limit what they can do and say.
Of course if you suppress people or stop them from doing any economic activity you end up with no economic activity and no economy. This is why communism does not work. Socialism does not work because of the suppression of people, but since they do not suppress everything, it takes longer to fail.
The failure of both communism and socialism is that people will not work hard if they see no benefit for themselves and/or their families. Under both these systems, leaders expected people to work hard to the benefit the whole country. What actually happened is that people did whatever they had to do to survive and that is all they did. (By the way, slaves act the same way.)
The problem with allowing economic activity is that people are unpredictable. The other problem is that they can act like a herd. Think about bear markets. We have them because everyone all of a sudden gets worried about something. A problem could have existed for some time, even for years. However, at one time everyone now worries about it. For the stock market this herd thinking often happens in October or November.
So if you want economic activity you have to allow people the freedom to act. You have to allow them to a great deal of freedom to buy and sell and live as they please. This is what produced the rich Western world.
You, of course, cannot provide total freedom because you would have chaos. There needs to be rules and regulations, but not too many rules and regulations. Capitalism is the same, for it to function properly it needs some rules and regulations. However, if you have too many rules and regulations, you just strangle the economy and capitalism.
On my other blog I wrote yesterday about Jean Coutu Group Inc. (TSX-PJC.A, OTC-JCOUF)... learn more. Tomorrow, I will write about Superior Plus Corp. (TSX-SPB, OTC-SUUIF)... learn more on Friday, August 25, 2017 around 9am.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Of course if you suppress people or stop them from doing any economic activity you end up with no economic activity and no economy. This is why communism does not work. Socialism does not work because of the suppression of people, but since they do not suppress everything, it takes longer to fail.
The failure of both communism and socialism is that people will not work hard if they see no benefit for themselves and/or their families. Under both these systems, leaders expected people to work hard to the benefit the whole country. What actually happened is that people did whatever they had to do to survive and that is all they did. (By the way, slaves act the same way.)
The problem with allowing economic activity is that people are unpredictable. The other problem is that they can act like a herd. Think about bear markets. We have them because everyone all of a sudden gets worried about something. A problem could have existed for some time, even for years. However, at one time everyone now worries about it. For the stock market this herd thinking often happens in October or November.
So if you want economic activity you have to allow people the freedom to act. You have to allow them to a great deal of freedom to buy and sell and live as they please. This is what produced the rich Western world.
You, of course, cannot provide total freedom because you would have chaos. There needs to be rules and regulations, but not too many rules and regulations. Capitalism is the same, for it to function properly it needs some rules and regulations. However, if you have too many rules and regulations, you just strangle the economy and capitalism.
On my other blog I wrote yesterday about Jean Coutu Group Inc. (TSX-PJC.A, OTC-JCOUF)... learn more. Tomorrow, I will write about Superior Plus Corp. (TSX-SPB, OTC-SUUIF)... learn more on Friday, August 25, 2017 around 9am.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Tuesday, August 22, 2017
Credit Card Debt is Deadly
And repeat after me: credit card debt is deadly, credit card debt is deadly. There is good debt and bad debt and credit card debt is bad debt. Credit card debt can be disastrous to your financial health. Never make the mistake that you are not spending money when you use your credit card.
I used my credit card all the time. It helps me know how I am spending my money. I find that spending cash, I never know where it goes. However, without fail, I pay off my credit card every month. If you have a big expenditure, get a line of credit. Do not leave big expenditures on your credit card.
I also like the points I get. I have a PC Credit Card and I get points to spend on groceries. However, if you do not pay your credit card off each month, points for anything do you no good. You will pay far more in interest on your credit card than you ever use in points.
On my other blog I wrote yesterday about Evertz Technologies (TSX-ET, OTC-EVTZF)... learn more. Tomorrow, I will write about Jean Coutu Group Inc. (TSX-PJC.A, OTC-JCOUF)... learn more on Wednesday, August 23, 2017 around 5 pm.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
I used my credit card all the time. It helps me know how I am spending my money. I find that spending cash, I never know where it goes. However, without fail, I pay off my credit card every month. If you have a big expenditure, get a line of credit. Do not leave big expenditures on your credit card.
I also like the points I get. I have a PC Credit Card and I get points to spend on groceries. However, if you do not pay your credit card off each month, points for anything do you no good. You will pay far more in interest on your credit card than you ever use in points.
On my other blog I wrote yesterday about Evertz Technologies (TSX-ET, OTC-EVTZF)... learn more. Tomorrow, I will write about Jean Coutu Group Inc. (TSX-PJC.A, OTC-JCOUF)... learn more on Wednesday, August 23, 2017 around 5 pm.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Suzanne's Upcoming Art Exhibit
Opening Reception:
Sunday September 10th. 12 PM - 2 PM
Exhibition Dates:
August 30 - September 26 2017
Place:
Rosedale United Church
159 Roxborough Drive
Suzanne's web site is here
Thursday, August 17, 2017
Liquidity Ratio
A big thing that would bother me about a dividend stock would be very low Liquidity Ratios. If the Liquidity Ratio is lower than 1.00, it means that current assets cannot cover current liabilities. This can cause trouble in the best of times; however it can be devastating if we suddenly go into a bear market then recession.
The Liquidity Ratio is a very easy figure to ascertain. Look for a company's Balance Sheet and divide the current assets by the current liabilities to get this ratio. It is best if this ratio is 1.50 or higher. I generally do not like mucking about with this ratio to get it to a decent number, but sometimes that may be unavoidable. With the best companies this is usually not a problem.
Unfortunately the Liquidity Ratio can get more complex. Some companies, especially utilities rely on cash flow to cover current liabilities. In order the calculate the effect of using cash flow, add to the assets Cash Flow from Operations, less dividends paid. You can find dividends paid are in the Financing Activities section.
Sometimes the Liquidity Ratio is low because debt has come due and there is a large amount of Long Term Debt due in current year under Current Liabilities. First look into the notes on Financial Statements and ensure that the debt is being handled. If this is true, you can subtract the Long Term Debt due in the current year from the current liabilities before you calculate the Liquidity Ratio.
I remember the problem that Teck Resources Ltd (TSX-TECK.B, NYSE-TECK) had when they bought Fording Coal. Their Liquidity Ratio plummeted to 0.44 just as the 2008 recession hit. The stock also plummeted and they had to cut the dividend.
It is not easy to find articles on their problems. However, Gordon Pitts in the Globe and Mail in June 2010 talks about problems that Teck had from this 2008 purchase. Andy Clark on Reuters talks about the problems Teck was having in 2009. There is a discussion on Liquidity Ratios on Investopedia
On my other blog I wrote yesterday about BlackBerry Ltd. (TSX-BB, NASDAQ-BBRY)... learn more. Tomorrow, I will write about ONEX Corp. (TSX-OCX, OTC-ONEXF)... learn more on Friday, August 18, 2017 around 9 am.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
The Liquidity Ratio is a very easy figure to ascertain. Look for a company's Balance Sheet and divide the current assets by the current liabilities to get this ratio. It is best if this ratio is 1.50 or higher. I generally do not like mucking about with this ratio to get it to a decent number, but sometimes that may be unavoidable. With the best companies this is usually not a problem.
Unfortunately the Liquidity Ratio can get more complex. Some companies, especially utilities rely on cash flow to cover current liabilities. In order the calculate the effect of using cash flow, add to the assets Cash Flow from Operations, less dividends paid. You can find dividends paid are in the Financing Activities section.
Sometimes the Liquidity Ratio is low because debt has come due and there is a large amount of Long Term Debt due in current year under Current Liabilities. First look into the notes on Financial Statements and ensure that the debt is being handled. If this is true, you can subtract the Long Term Debt due in the current year from the current liabilities before you calculate the Liquidity Ratio.
I remember the problem that Teck Resources Ltd (TSX-TECK.B, NYSE-TECK) had when they bought Fording Coal. Their Liquidity Ratio plummeted to 0.44 just as the 2008 recession hit. The stock also plummeted and they had to cut the dividend.
It is not easy to find articles on their problems. However, Gordon Pitts in the Globe and Mail in June 2010 talks about problems that Teck had from this 2008 purchase. Andy Clark on Reuters talks about the problems Teck was having in 2009. There is a discussion on Liquidity Ratios on Investopedia
On my other blog I wrote yesterday about BlackBerry Ltd. (TSX-BB, NASDAQ-BBRY)... learn more. Tomorrow, I will write about ONEX Corp. (TSX-OCX, OTC-ONEXF)... learn more on Friday, August 18, 2017 around 9 am.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Tuesday, August 15, 2017
The West
Western culture seems at this point to be dying. The most important way is that we are not having enough children. This is how cultures and civilizations die. If you stop having children you have no future. In the Western culture we are all about helping the old. We are heavily in debt due to pensions and health care. The most expensive people are old people for both these expenditures.
It was not the baby boomers who started these programs, but the parents of the boomers who did. They got their health care and pensions because there were a lot more boomers. The generations after the boomers are smaller and this is causing a problem.
We are not supporting the youth that we have. Our youth are heavily in debt due to education cost. This is a big problem for our future. Baby boomers protest that we cannot afford to help with higher education costs. Most baby boomers attitude is leave my pension and health care alone at all costs.
And we have some stupid results. I meet at a meetup a young person who had a concession. She was not working because of the effects of this concussion. She was told to get physiotherapy, but she could not afford it. She also could not work because of the concussion. I also know of a 93 year old man who had a brain aneurism and after he did some recovery in the hospital was sent to physiotherapy in a specialized hospital on University. The 93 year old man had everything covered under OHIP.
No, I do not think that OHIP should cover everything. I paid for physiotherapy in the past, but I could also afford to do so. But if you need something like physiotherapy to go back to work, but cannot do that because you cannot afford it we have a system that is dysfunctional.
We also need to do more with funding day care. It may be counter-intuitive, but there is a positive co-relation between the percentage of adult women in the workforce and the birth rate. The higher the proportion of adult women that work the higher the birth rate.
My child is in his thirties. When I was working and he was going to day care, I paid more for day care that I did in rent. It was nothing fancy. It was run by Social Services of Toronto. It did not have to be as expensive as it was. When my child was school age, he was in school most of the day, but the day care had two shifts of full time workers as they covered the children from 8 am to 6 pm. The workers were also covered by a union.
When I asked what the day care workers were doing when children were in school, I was told this was planning time. So from 9 am to 12 am and from 1 pm to 4:30 pm was needed each day for planning? And, the school was complaining that they did not have enough teacher assistant?
The western culture maybe dying, but they are into interesting things. I read Ben Hunt, one of the most interesting writers I have come across. His latest missive is here. In his covering email he talked about a recent post on AI BS Detectors & the Origins of Life by Neville Crawley. This lead me to an article in Quanta Magazine byNatalie Wolchover for an article called "First Support for a Physics Theory of Life".
One problem we have in the West is that a lot of the people having babies do not believe in evolution. So will the best in Western thought die with the Western culture?
On my other blog I wrote yesterday about EnerCare Inc. (TSX-ECI, OTC-CSUWF)... learn more. Tomorrow, I will write about BlackBerry Ltd. (TSX-BB, NASDAQ-BBRY)... learn more on Wednesday, August 16, 2017 around 5 pm.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
It was not the baby boomers who started these programs, but the parents of the boomers who did. They got their health care and pensions because there were a lot more boomers. The generations after the boomers are smaller and this is causing a problem.
We are not supporting the youth that we have. Our youth are heavily in debt due to education cost. This is a big problem for our future. Baby boomers protest that we cannot afford to help with higher education costs. Most baby boomers attitude is leave my pension and health care alone at all costs.
And we have some stupid results. I meet at a meetup a young person who had a concession. She was not working because of the effects of this concussion. She was told to get physiotherapy, but she could not afford it. She also could not work because of the concussion. I also know of a 93 year old man who had a brain aneurism and after he did some recovery in the hospital was sent to physiotherapy in a specialized hospital on University. The 93 year old man had everything covered under OHIP.
No, I do not think that OHIP should cover everything. I paid for physiotherapy in the past, but I could also afford to do so. But if you need something like physiotherapy to go back to work, but cannot do that because you cannot afford it we have a system that is dysfunctional.
We also need to do more with funding day care. It may be counter-intuitive, but there is a positive co-relation between the percentage of adult women in the workforce and the birth rate. The higher the proportion of adult women that work the higher the birth rate.
My child is in his thirties. When I was working and he was going to day care, I paid more for day care that I did in rent. It was nothing fancy. It was run by Social Services of Toronto. It did not have to be as expensive as it was. When my child was school age, he was in school most of the day, but the day care had two shifts of full time workers as they covered the children from 8 am to 6 pm. The workers were also covered by a union.
When I asked what the day care workers were doing when children were in school, I was told this was planning time. So from 9 am to 12 am and from 1 pm to 4:30 pm was needed each day for planning? And, the school was complaining that they did not have enough teacher assistant?
The western culture maybe dying, but they are into interesting things. I read Ben Hunt, one of the most interesting writers I have come across. His latest missive is here. In his covering email he talked about a recent post on AI BS Detectors & the Origins of Life by Neville Crawley. This lead me to an article in Quanta Magazine byNatalie Wolchover for an article called "First Support for a Physics Theory of Life".
One problem we have in the West is that a lot of the people having babies do not believe in evolution. So will the best in Western thought die with the Western culture?
On my other blog I wrote yesterday about EnerCare Inc. (TSX-ECI, OTC-CSUWF)... learn more. Tomorrow, I will write about BlackBerry Ltd. (TSX-BB, NASDAQ-BBRY)... learn more on Wednesday, August 16, 2017 around 5 pm.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
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