May be there wouldn't be anything special about it, after all, we can invest as we are pleased, but if all Canadian government funds dump local stocks like Molson Coors and Canadian oil companies which offer employment to Canadians and pay local taxes, not to mention dividends to investors, because they are "socially incorrect" and buy JD.com retailer in China, then may be Canadians should ask Chinese to pay their retirement benefits in the future ? .....just a thought
Well, correct or not correct, who cares? there are some solid companies out there selling for peanuts and paying good dividends....most of them are in basic materials, oil, coal, metals, chemicals, plastics, commodity trading companies, etc.........According to "green heads" and "correct" folks, these are untouchables in equity markets, because they are chasing afters Tesla's, Amazons, facebooks, JD.coms, etc with outrageous valuations,... but just wait for commodity prices start to move up and those boring oil and mining stocks will be flying high with doubling earnings and revenues every year...This world can not survive without gas, copper, steel, coal, soybean, corn, not yet
ReplyDeleteThese days Hype is on for Beyond Meat, this is really crappy company, specially designed to make people stupid, that is, eat crap with a lot of chemicals in it, pay dearly for it and think that you are eating NY strip steak :)
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