podcast

Podcast #41 – Some Banks Are Blocking Credit Card Purchases On Bitcoin Exchanges

Earlier this month,  JPMorgan Chase, Bank of America, CitiBank and Capital One started to ban credit card users from purchasing cryptocurrencies on Coinbase, an American Bitcoin exchange.  And recently, Toronto-Dominion Bank from Canada is starting to stop customers to use credit cards to buy cryptocurrency.  These banks are doing it because they fear credit card… Continue reading Podcast #41 – Some Banks Are Blocking Credit Card Purchases On Bitcoin Exchanges

Personal Finance, Personal Life

MY PASSION: Stocks and Real Estate!

I LOVE STOCKS! Because I get to choose which stocks to buy and how many shares I would like to buy.  In addition, I know how much online brokerages charge me for commission.  Lastly, I could buy and sell my shares anytime via online brokerage. Having said that, I am not a fan of day… Continue reading MY PASSION: Stocks and Real Estate!

Stock Market Series

How Do American Banks Compared to Canadian Banks (Part 2)?

In the last post, we have evaluated the financial statements of JPMorgan Chase & Co. and Bank of America. In this post, we would look at Wells Fargo, Citigroup and Goldman Sachs and see if they have durable competitive advantage. Wells Fargo is an American banking and financial services holding company that headquarters in San… Continue reading How Do American Banks Compared to Canadian Banks (Part 2)?

Stock Market Series

How Do American Banks Compared to Canadian Banks (Part 1)?

In the past, we had evaluated the five biggest Canadian banks to see whether they all have durable competitive advantage. But how about American banks?  Do they all have durable competitive advantage as well? According to Bankrate, the five biggest American banks are JPMorgan Chase & Co., Bank of America, Wells Fargo, Citigroup and Goldman… Continue reading How Do American Banks Compared to Canadian Banks (Part 1)?

Personal Finance, Stock Market Series

TD Bank vs. Other Four Big Banks? Which bank(s) to invest in?

First of all, I would like to thank all the people who are following and reading my blog.   I am shocked because I just started this blog recently.  I appreciate you guys love my content. Let's get back to the topic. We now know TD Bank (TSX:TD) is a good company to invest in… Continue reading TD Bank vs. Other Four Big Banks? Which bank(s) to invest in?

Personal Finance, Stock Market Series

Was Buying TD stocks the right decision (Part 2)?

So far, TD Bank (TSX:TD) seems to have a durable advantage because of its positive results from the income statement. Lets evaluation the bank's balance sheet in the 2016 annual report (some of the accounting calculation require the income statement): 1700% of net receivables to gross sales, which remains questionable to its durable advantage  … Continue reading Was Buying TD stocks the right decision (Part 2)?

Personal Finance, Stock Market Series

Was Buying TD stocks the right decision (Part 1)?

When I bought Toronto-Dominion Bank (TSX:TD) shares six months ago, I bought them just because TD bank pays dividend and banks in Canada never go bankrupt.  As a result, it is a decent investment as it would give me 3% return every year. But after I read Warren Buffett's book, I am wondering if I… Continue reading Was Buying TD stocks the right decision (Part 1)?