Optimism #48 - June 10, 2022Dear clients and friends,
Here is a super article by Tim Cestnick in today’s Globe and Mail about large and emotionally complicated inheritances like cottages. See attached.
The optimal time to explore setting the Joint Partner Trust described is when you are downsizing and purchasing what will likely be your last house or condo.
You may have gotten a pay raise. Dollarama increased its dividend from 5.03 cents per share to 5.53.
It doesn’t sound like much, but its an increase of 10%.
Jim Pattison, the BC billionaire is buying more shares of Westshore Terminals. He is only buying for one reason, because he thinks its going up.
Also attached is a well writing article about owning quality stocks and staying the course by Bill Matthews at Longview Asset Management Ltd. See attached.
If you would like to discuss these topics or any other financial matters, I am happy to make myself available.
Have a wonderful weekend.