21 Replies to “December 9, 2025: Reader Tips”

  3. The infinite money glitch is broken!

    https://www.youtube.com/watch?v=fhsrkvEY55s

    You’ve been warned. If you bought leveraged ETFs on a company highly leveraged to bitcoin and lost 80% of your investment, don’t tell anyone, or they will put Britney Spears’ father in charge of your investments. And other great gems by Patrick Boyle.

  8. I was peeling potatoes at 6:30 am this morning, for our church seniors lunch, thinking about the war against western Canada by the federal Liberals and our broadcast media cartel. I am a retired economist who owns a small, self-directed RRIF portfolio — 45% in equities and 55% in HISA cash.

    The thought struck me that conservative Canadians, those blessed with financial assets, could help our western Canadian friends by redirecting our equity investments to western Canadian based corporations. I’m just saying. Right now I am invested in natural gas, pipelines and utilities — reasonably safe places given the forthcoming economic recession. As well natural gas, pipelines and utilities are seen as growth areas for various economic reasons.

    To my way of thinking western Canada is a growth area. I live in New Brunswick and the majority of my stocks are companies headquartered in Alberta. DM.

    1. What’s the interest rate on your HISA? Regular savings accounts in Canada yield next to nothing. You can get around 3% on a 1 year monthly interest GIC.

      1. HISAs typically pay the BoC bank rate, which is currently set at 2.2%. The word on Bay Street is that the BoC will be holding the bank rate at 2.2% well through most of 2026. HISA rules differ from one financial institution to another, as to minimum balances. At our bank the minimum HISA balance is $1,000 per account.

        Small investors like me can invest in bonds through bond ETFs. But when I owned two or three, they tended to decline in value. Given high and growing government deficits, government are issuing more and more bonds. So the supply curve of bonds shifts to the right, the price of bonds falls, and interest rates rise. Owning bonds leads to nowhere.

        Financial gurus like Warren Buffett are moving into cash. Your monthly GIC is a good idea and I will be looking into it.

  9. Globe and Mail target Wayne Gretzky again in today’s Two Minutes Of Hate.
    Institutionalized bullying paid for with our tax dollars.
    Why are we taxpayers forced to pay for anyone’s opinion on any subject?
    https://x.com/globeandmail/status/1998318280784916715

    Wayne knows Trump personally, the writer of the hate mail piece knows Trump from reading the other TDS dummies at the Globe and Mail.
    A TDS loop.

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