7 months ago
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Qzsa 1 Overhyped Strategy Isn t the Way to Retirement Happiness
Fairfax Financial Holdings  TSX:FFH  is sometimes dubbed the Canadian version of Berkshire Hathaway. Similar to Berkshire, Fairfax generates premiums from its insurance businesses as a source of low-cost capital to invest for higher returns.However, while Berkshire stock has largely recovered from its year-to-date selloff, Fairfax stock remains very much depressed.FFH data by YCharts. A chart comparing the year-to-date price action of Berkshire and Fairfax stocks.If you ask me, Fairfax is deeply discounted right now. At $374 and change per share, the value stock trades at only about 65% of its book value. Even if it only reverts to its book value, it d represent whopping upside of 54 <a href=https://www.stanley-tumbler.us>stanley cup</a> %.FFH Price to Book Value data by YCharts. A chart displaying Fairfax stock s price to book  <a href=https://www.stanley-cups.uk>stanley quencher</a> value history.Importantly, Fairf <a href=https://www.stanleycup.cz>stanley cup</a> ax s book value per share has increased in the long run. Since its foundation in 1985, the company s book value per share has compounded at 19.3% per year, while its total returns have Rrly TransCanada Corporation Plans to Spend $46 Billion; Is the Dividend Safe
Far too many millennials aren ;t using their TFSAs to grow their wealth, and that   a massive problem. The TFSA is an invaluable tool that can grow one   wealth to remarkable heights, but many young investors are merely using the account to store cash, which essentially negates the TFSA   tax-free advantage.Sure, a high-interest tax-free savings account may seem like a safe way to grow one   wealth over time, but as I mentioned in a prior piece, it   actually one of the biggest mistakes that a Canadian could make with the proceeds within their TFSAs.Sure, the high <a href=https://www.stanley-cups.com.de>stanley cups</a>  interest that   collected from such savings accounts is guaranteed, but so too is the fact that investors will come up short on the growth front and likely lose ground to the insidious effects of inflation over time.Gone are the days where you  <a href=https://www.stanley-quencher.us>stanley mugs</a> could get a high return with <a href=https://www.stanley1913.com.es>stanley cup</a> out taking on some form of risk. In this low  and possibly falling  interest rate enviro
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