Asset protection

Which of These 2 “Forever” Stocks Should You Buy and Hold?

No dividend portfolio is complete without at least a couple of Canadian banks and top-tier utilities stocks. Today, we will take a look at one of each of these kinds of blue-chip investments and see which one is the best value with the best outlook, as well as the yield and overall health of each investment. Suncor Energy (TSX:SU)(NYSE:SU) If you could only invest in one stock on the TSX index, would it be Suncor Energy or one of the Big Six bankers? Before we take a look at one of the best picks from the latter breed of stocks,…CLICK for complete article

Are You Prepared For The Melt-Down?

A recession is coming, that much we should all be able to agree on. Sure, we can debate the exact timing, but the reality is the global economy is going to have a significant melt-down soon.  And when the economy falls into a recession the stock markets go down with it. It may be starting today, or start next week, or not until next year, but make no mistake, it is coming.

Not only are we sure it is coming, we are convinced that the next recession will be much deeper and far more caustic than previous recessions. We say this because the next recession will be truly global. We believe that the coming recession will make the 2007–2009 period seem like a cake walk…..CLICK for complete article

China Will Raise Tariffs On $60B Worth Of US Goods To 25% By June 1

Investors received more bad news Monday morning as an escalation of the trade war between the U.S. and China drove stocks even lower following a horrible performance last week. The latest wave of selling comes on reports that China will be raising tariffs on $60 billion in U.S. goods to 25 percent in retaliation to U.S. President Donald Trump’s latest round of tariff hikes on China….CLICK for complete article

Banks Are Doubling Down On Risky Credit Card Debt

As each of the seven largest credit-card issuers in the US reported a troubling jump in default rates to levels not seen in the better part of a decade, we noted last week that relaxed lending standards combined with ‘Non-GAAP’ FICO scores suggest that the American consumer is in far worse shape than many had realized – which could seriously threaten stability during the next recession (if the Fed ever allows one to happen)….CLICK for complete article

Why Should You Care if Your Advisor Works at a Large Firm