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Posted on July 21st, 2016 by Ernest Wong

  At Baskin Wealth Management, our main mandate is to protect our client’s money.One way we try to do this is through diversification, which is simply spreading client funds over a variety of different investments. We diversify portfolios in three perspectives: 1. From an asset class perspective: having stocks, bonds, and preferred stocks. 2. From […]

Posted on July 13th, 2016 by David Baskin

  VERY LOW INTEREST RATES MAKE FIXED INCOME LESS INTERESTING Some thirty-five years ago when I was working for a bank, one of my managers taught me the secret formula for life as a banker.  “3 6 3” he told me. “Pay your depositors interest of 3%. Loan out money to your borrowers at 6%. […]

Posted on June 24th, 2016 by David Baskin

  Markets this morning are chaotic, with most currencies falling against the safe-haven US dollar, gold rising and stocks falling. Investors are understandably concerned and worried that we will see a repeat of the 2008 market meltdown.  Are they right to be worried?  Our answer: for most investors there is little to fear and nothing […]

Posted on June 21st, 2016 by Ernest Wong

Analyst Ernest Wong debuts on our blog page with a story about Whistler. Warren Buffett once said, “The single most important decision in evaluating a business is pricing power”. We agree. Here is why we think it is so important. It means that your customers are not solely motivated to purchase your product or service […]

Posted on June 14th, 2016 by David Baskin

  Today the 10 year German bond is yielding less than zero.  If you spend 124 Euros to buy a bond  you will get 2 Euros every year for the next ten years, and then 100 Euros on maturity. You might be better off burying your 124 Euros in a jam jar in the backyard.  […]

Posted on May 30th, 2016 by Barry Schwartz

  People always ask me about risk in investing. In my opinion, the biggest risk is not being in the market and not collecting dividends. For over twenty years, Baskin Wealth Management has kept its clients close to fully invested in stocks, bonds and preferred shares. For us, absent short-term liquidity needs, cash is not […]