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   * **Portfolio Selection** is my main March 2021 topic . . . starting from scratch. Which will be the first purchase right now for her new $75,500 TFSA. How does one decide. After 40 years of experience, it's well worth the $50 folks to get access. Also, in March, the revised Graham formula valuation sheet. Which of 30 dividend growth stocks are expensive using Ben Graham's formula from Chaper 14(ATD,for sure), which eight, with a long record of annual consecutive dividend growth, have sensible prices.
   * Why would you allow/trust a third party (advisor, so-called wealth manager), who has no interest in your welfare/no skin in your plan, to come between (sell) you and your company? Learn how to do it yourself.
+  * Nov 2021 An **index fund **is a product created by ‘the street people’. It is flawed. Fatally flawed, actually. You can’t win with an index fund. It’s an average. Certainly an index contains good stocks but mostly the holdings are sub-par. But this is not the fatal flaw. Valuation is. The average long-term return of the market is some 9%. Folks are lead to believe that they can obtain the return regardless of when they invest. This is not true. Valuation matters: when you invest is critical. As I write this in late November 2021, the market (index) is way overvalued. Returns from here will be negative.
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   * May 1 2021 - Why do 'they'* over diversify with scores of stocks and even bonds? 'Their'* fund can't be a loser alone. So 'they'* herd, run with the crowd of other *money managers. When 'they' fail conventionally, there's no pink slip. As a result, most wealth managers do not beat the market. More on this inside dividendgrowth.ca in April 2021 blog under HERDING

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