We’ve had yet another bout of snow last night. Nothing much, it just looks worse than it is. A couple more inches. Still, it’s been rather chilly of late, with the outside thermometer dipping well below zero Celsius most days. Not double digit low, but getting there. But hey, it’s Winter. Nothing really out of the ordinary for this time of year. Maybe a tad chillier, but then we haven’t been getting the sixty below recently experienced in Minneapolis and the Midwest USA. I think we may have hit minus ten Celsius last night if you factor in the wind chill from a Pacific storm that plonked itself unceremoniously on the region just after midnight.
Have just had the mixed pleasure of spending five figures of my own money on stocks and shares. An act which brings the shared assets of Mrs S and I closer to the magical seven figure mark. Which is quite good. We’ve effectively doubled the amount we both started with, which is nice. Far better than property and far less risky. To me, buildings are just non-realisable assets, or as I like to call them ‘dead money’. I’ve been a landlord and quite frankly the only way you really make money is capital gain over a ten year term (Don’t even think about the repair and maintenance costs). We’re not quite due a 1991 or 2008 event where property prices take a massive hit, leaving many with what is called ‘negative equity’ for five or more years, where the value of the property is less than the outstanding loan to pay for it. Our cousins down south refer to this financial state as ‘underwater’. A state I am taking great pains never to be caught in. Others have, and they have my sympathy. It’s easy to be smug when you’re doing well, but I’ve lived too long and hard to remember that the only difference between me and a poorer person is paying careful attention to my finances, squirrelling my gains away and not going crazy when lady luck is (Very rarely) generous. Yes I’m dull, but better dull than destitute.
There’s an interesting story bubbling up about the Trudeau regime intervening in a court case (SNC Lavallin). See Conservative MP’s little video below. If what she says is true then the suckers of Liberal Party corruption are firmly wrapped around the pillars of power in Ottawa. Not only that but it already looks like all the lobbying and crony capitalism has paid off. The company in question is already off the hook. However, the Trudeau Government may have taken it’s place. They were seen tanking the backhander. Mind you, if they run true to form, the right judge will be appointed and the case against Trudeau et al will disappear. Such is Ottawa politics under the current administration.
Here’s the National Post take on the situation;
Fortunately none of the companies I have put money into have any links with SNC, so I’ll just invest in more popcorn futures. Well I would if the power didn’t keep going off. Fortunately we had the foresight to invest a few pennies on a camping gas stove so we can have a cup of tea when out in the middle of nowhere on road trips. Well this is Canada and we do have a lot of nowhere to be in the middle of. Having dug it out of the closet I christened said piece of kit this morning when the power was out for twelve hours. Reminder to self; must get a manual coffee grinder because Winter is not only coming, it’s right here and it will test the best of us. And I will not be deprived of my fresh ground coffee.
Otherwise, Bacon; check. Flour; check. Water; check. Coffee; Yep. Tea; plenty. Salt, spices, a freezer full of provisions and a few cans of baked beans, just in case. One should always have a few cans. Just in case the power goes off for more than three days, which if the gales come again, is more than likely.