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90 Monthly Reader Investment Advice Firm Plans To Buy $5 Million In Bitcoin – Forbes



The Motley Fool, a United States-based financial advice company, announced on February 18 that it will set aside $5 million of its own cash to buy bitcoin, while also saying the crypto has a 10X potential. And that’s a big deal. Here’s why.

First, some background.

In the early days of bitcoin, traditional finance firms and analysts were mostly dismissive of the cryptocurrency’s pedigree as a worthy investment — and understandably so in some instances. While Motley Fool, as a company, hadn’t taken a public stance about bitcoins until now, many of the crypto-related content it has published sparsely regard bitcoin as an investment.

However, the company is now recommending bitcoin in its Discovery 10X service — an advisory service where it recommends investments that have the “potential to deliver 10X return” within 10 to 15 years. Bitcoin is the only cryptocurrency being recommended in a list of 40 investments that could return 10X in 15 years. The other 39 are undisclosed stocks.

Motley Fool’s decision to recommend bitcoin is a big call, given its strong views that holding equities for the long haul is the single best way to build wealth. The company’s stance suggests that, first, bitcoin will still exist in 15 years, and second, the cryptocurrency would already have a significant role in the financial world by then.

Every content that Motley Fool, which has about 90 million monthly readers, publishes contains a disclosure that states whether Motley Fool holds or recommends any of the investment opportunities mentioned. The announcement note about its plan to buy bitcoin is the first time its disclosure line features bitcoin as a recommended investment.

However, the company doesn’t plan to add bitcoin to its balance sheet until all its Discovery 10X members have explored the cryptocurrency as an option for their portfolio, CEO Tom Gardner said in a promotional video about the service.

What’s Motley Fool’s Bitcoin Investment Thesis?

Gardner, in the promotional video, outlined his firm’s beliefs about bitcoin as outlined here.

Bitcoin as a hedge against inflation

Gardner said: “I believe that bitcoin does provide what I believe to be a very worthy hedge against the risk of inflation — the risk of the decline in [the] value of the US [dollar] and currencies around the world.”

“As we fight our way through covid-19 and deliver necessary relief packages that are also necessarily inaccurate. It’s [the relief packages] a blunt solution and therefore it does put the value of existing currencies at risk.”

Here, Gardner was referring to the substantial minting of new money by governments to help sustain the economy as the covid-19 pandemic lingers. In the U.S., for instance, nearly 20% of all dollars were created in 2020. That’s the largest increase in dollar supply since World War II. Experts expect this to ultimately result in inflation — which would reduce the dollar’s buying power.

Bitcoin and its much-storied supply cap “provides an excellent hedge against that,” Gardner added.

Bitcoin’s use as a medium of exchange expected to rise

Bitcoin’s original purpose is to be a peer-to-peer money network that doesn’t require intermediaries (like a bank or payment processor). But this use case is limited right now — with the crypto largely treated as an investment. Motley Fool expects that bitcoin will start serving its original purpose as its price becomes stable.

“I do believe that if the price of bitcoin stabilizes over time, it could become more of a medium for transactions. We’ll see that might take seven years might take 12 years to play out,” Gardner added.

Bitcoin will interest digital natives

Digital natives describe the generation of people who grew up exclusively in the digital age. That would include a large portion of the Gen-Z population — and everyone in the next generation batch. This population of people will continue to expand, and Gardner believes that their digital-only reality would make digital currencies less of an alien idea as opposed to the generations before them.

“I think the world that we’re moving into is much more digital, and we should expect future generations to be more interested in digital currency as a store of value than gold,” he said.

Motley Fool Expects Bitcoin to reach $150,000

Gardner expects these factors, put together, to propel bitcoin “to $150,000 and beyond in the years and decade to come,” adding that every portfolio should hold between 1% and 3% of bitcoin.

Motley Fool is joining a growing list of traditional finance companies that are starting to view bitcoin as an investment. More recently, global asset management firm Blackrock

, which has $8.7 trillion in assets under management said it has started exploring bitcoin in some capacity.

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Investment in social housing demanded for victims of domestic violence – Montreal Gazette



Alliance MH2 says the province is currently dealing with a dangerous shortage of resources in its second-stage housing — where women and children go once they leave emergency shelters, but before they find permanent housing.

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In the face of an increase in domestic violence during the COVID-19 pandemic, a coalition of community organizations is calling for investment in social housing in the next provincial budget.

The Front d’action populaire en réaménagement urbain (FRAPRU), a social housing group, and the Alliance des maisons de 2ième étape pour femmes et enfants victimes de violence conjugale (Alliance MH2) said at a press conference Sunday that social housing is “essential” for women victims of domestic violence.

Alliance MH2 said the province is currently dealing with a dangerous shortage of resources in its second-stage housing — where women and children go once they leave emergency shelters, but before they find permanent housing.

The coalition is also calling for the opening of 106 units in second-stage housing — units for which approval is being awaited. The Alliance MH2 said it has been waiting for these new units for the past year and a half — a delay it calls  “ridiculous.”


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According to the coalition, only 66 per cent of women who leave second-stage housing were able to find affordable housing. FRAPRU is demanding the construction of 50,000 social housing units in the next five years.

From 2019 to 2020 alone, 75 per cent of requests for accommodation in second-stage housing in Alliance MH2 shelters in Montreal were refused and 37 per cent in other regions, the coalition said; some regions are not served at all.

It has been nearly three years since the provincial government tabled a strategic plan to combat domestic violence and develop a network of shelters, said Gaëlle Fedida, political coordinator of Alliance MH2. “It is time to act.”

Céline Magontier, who is in charge of women’s issues at FRAPRU, said “needs continue to grow with the shortage of social housing, the pandemic, the insecurity of Quebec society and, even more so, Quebec women.

“Social housing  is being put into place in dribs and drabs,” she said. “It is unacceptable and (the government) must face up to its responsibilities.”

  1. None

    Free legal help line launched for those affected by domestic violence

  2. Togo-born director Gentille M. Assih’s poignant National film Board of Canada documentary is a liberating story of hope and affirmation in the face of abuse.

    Bill Brownstein: NFB doc shines light on domestic abuse in Quebec

  3. Roanna Kitchen cowers during a 2015 performance marking the National Day of Remembrance and Action on Violence Against Women in Belleville, Ont.

    Quebec women’s shelters call on men to help end domestic violence


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TFSA Investors: North America’s Best Growth Investment – The Motley Fool Canada



Exchange Income (TSX:EIF) is a diversified, acquisition-oriented corporation focused on opportunities in aerospace, aviation services, equipment, and manufacturing. The business plan of the company is to invest in profitable, well-established companies with strong cash flows operating in specialized markets.

Attractive valuation

The company has a price-to-earnings ratio of 13.62, price-to-book ratio of 2.08, dividend yield of 5.53%, and market capitalization of $1.43 billion. Debt is very sparingly used, as evidenced by a debt-to-equity ratio of just 1.77. The company has excellent performance metrics with an operating margin of 8.84% and a return on equity of 3.96%.

Effective strategy

The objectives of the company are to provide shareholders with stable and growing dividends and to maximize intrinsic value through on-going active monitoring of the company’s operating subsidiaries. Management continuously monitors and provides support to the subsidiaries that operate autonomously.

Strong aerospace division

The company’s aerospace and aviation division includes a variety of operations within the aerospace and aviation industries. It includes providing scheduled airline, charter service and emergency medical services to communities located in Manitoba, Ontario, and Nunavut. Regional One is focused on supplying regional airline operators around the world with various aftermarket aircraft, engines, and component parts.

Provincial Aerospace provides scheduled airline, charter service and emergency medical services. The division also designs, modifies, maintains and operates custom sensor equipped aircrafts. Provincial Aerospace also provides maritime surveillance and support operations and also offers a full range of pilot flight training services, from private pilot licensing to commercial pilot programs.

Essential manufacturing services

The company’s manufacturing division provides a variety of manufactured goods and related services in several industries and geographic markets throughout North America. Quest Windows is a manufacturer of an advanced unitized window wall system used primarily in high-rise multi-family residential projects in North America. WesTower is focused on the engineering, design, manufacturing, and construction of communication infrastructure and provision of technical services. Ben Machine is a manufacturer of precision parts and components primarily used in the aerospace and defence sector.

LV Control is an electrical and control systems integrator focused on the agricultural material handling segment. WBM manufactures specialized heavy-duty pressure washing and steam systems, commercial water recycling systems, and custom tanks for the transportation of various products, primarily oil, gasoline, and water. Overlanders manufactures precision sheet metal and tubular products.

Sustainable growth

The company is a diversified, acquisition-oriented corporation focused on opportunities in aerospace, aviation services and equipment, and manufacturing. Exchange Income retains the key management personnel following acquisitions and have them own an equity interest in the company. Management invests in profitable, family-owned businesses with strong cash flows that operate in specialized markets.

In addition to having a strong acquisition strategy, the company has oversight and focuses on the generation of organic growth. Organic growth opportunities come in the form of expanding operations for existing businesses or by investing capital into new equipment and facilities for new customers. The company assesses organic growth opportunities with similar criteria as it does for acquisitions to achieve accretive returns on the capital required.

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Fool contributor Nikhil Kumar has no position in any of the stocks mentioned.

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What Is The Ownership Structure Like For Boardwalk Real Estate Investment Trust (TSE:BEI.UN)? – Simply Wall St



The big shareholder groups in Boardwalk Real Estate Investment Trust (TSE:BEI.UN) have power over the company. Institutions often own shares in more established companies, while it’s not unusual to see insiders own a fair bit of smaller companies. Companies that used to be publicly owned tend to have lower insider ownership.

Boardwalk Real Estate Investment Trust has a market capitalization of CA$1.9b, so we would expect some institutional investors to have noticed the stock. In the chart below, we can see that institutional investors have bought into the company. Let’s take a closer look to see what the different types of shareholders can tell us about Boardwalk Real Estate Investment Trust.

See our latest analysis for Boardwalk Real Estate Investment Trust


TSX:BEI.UN Ownership Breakdown February 28th 2021

What Does The Institutional Ownership Tell Us About Boardwalk Real Estate Investment Trust?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

We can see that Boardwalk Real Estate Investment Trust does have institutional investors; and they hold a good portion of the company’s stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It’s therefore worth looking at Boardwalk Real Estate Investment Trust’s earnings history below. Of course, the future is what really matters.


TSX:BEI.UN Earnings and Revenue Growth February 28th 2021

Boardwalk Real Estate Investment Trust is not owned by hedge funds. The company’s largest shareholder is Boardwalk Properties Company Limited, with ownership of 19%. Cohen & Steers Capital Management, Inc. is the second largest shareholder owning 9.2% of common stock, and CIBC Asset Management Inc. holds about 4.5% of the company stock.

We also observed that the top 10 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.

Researching institutional ownership is a good way to gauge and filter a stock’s expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Boardwalk Real Estate Investment Trust

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our most recent data indicates that insiders own less than 1% of Boardwalk Real Estate Investment Trust. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Keep in mind that it’s a big company, and the insiders own CA$4.4m worth of shares. The absolute value might be more important than the proportional share. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

General Public Ownership

With a 35% ownership, the general public have some degree of sway over Boardwalk Real Estate Investment Trust. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Private Company Ownership

It seems that Private Companies own 19%, of the Boardwalk Real Estate Investment Trust stock. It’s hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should learn about the 3 warning signs we’ve spotted with Boardwalk Real Estate Investment Trust (including 2 which are potentially serious) .

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

When trading Boardwalk Real Estate Investment Trust or any other investment, use the platform considered by many to be the Professional’s Gateway to the Worlds Market, Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
*Interactive Brokers Rated Lowest Cost Broker by Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

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