Tag archives: Oil

My TFSA Update February 2017 - Why Are Oil Prices Stuck In A Range?

Last update on March 13, 2017.

Image Credit: Thaiview / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book. In this post, I’ll also give my thoughts on the state of the oil market.

 

February Results: Down 0.9%

At the end of February, I had $64,104 in my TFSA account, which was down by 0.9% during the month. By comparison, the Canadian stock market went up by 0.6% while ...

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My TFSA Update April 2016 - Oil Supply and Demand Update

Last update on May 9, 2016.

Image credit: chris kolaczan / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book. In addition, in this post, I’ll give an update on my view of where the oil markets stand.

 

April Results: Up 7.3%

At the end of April, I had $62,590 in my TFSA account, which is up by 7.3% since the end of last month. By comparison, the Canadian stock ...

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The Stronger Canadian Dollar And Its Effect On MoneyGeek's Portfolios

Last update on May 2, 2016.

Image credit: Per Bengtsson / Shutterstock.com

 

At the beginning of every month, I brief members on how MoneyGeek's regular portfolios have performed and comment on the state of the financial markets. In this update, I’ll also comment on the strengthening Canadian dollar.

 

Performance of Regular Portfolios

The performance of MoneyGeek's regular portfolios for the month of April 2016 were as follows:

 

 

Last Month

Last 12 Months

Since Apr 2013

Slightly Aggressive

 -1.3%  +2.9%  +48.9%

Balanced

 -1.1%  +3.0%  +40.7%

Slightly ...

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Valuing MEG Energy, The Most Technologically Advanced Oil Sands Company

Last update on Feb. 13, 2016.

 Oil Pipe

Image credit: Leonid Eremeychuk / Shutterstock.com

 

On the third Monday of each month, I’ll comment on the performance of the premium portfolios and provide some additional analysis related to individual stocks. In this article, I will also present and explain my valuation model for MEG Energy, a Canadian oil sands company.

 

Premium Portfolio News

The performance of MoneyGeek's premium portfolios for the month of January 2016 were as follows:

 

Last Month

Last 12 Months

Since Apr 2013

Moderately Aggressive

-2.4%

-8.4%

+19.3%

Very Aggressive

-6.3%

-21.3%

-6 ...

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My TFSA Update December 2015 - The Geopolitics of Oil

Last update on Jan. 11, 2016.

Businessman chipping away at bar chart

Image credit:BPTU/Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book. In addition, I’ll give my thoughts on how current and developing geopolitical events could influence the oil market in the future.

 

December Results: Down 3.5%

At the end of December, I had $46,115 in my TFSA account, which is down by $1,695 since the end of November. By comparison, the Canadian stock market went ...

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Introducing The Oil Glut Tracker

Last update on Dec. 28, 2015.

Tracker App

Image credit: Andrey_Popov / Shutterstock.com

 

If you've been following this blog for a while, you would know that I think oil prices will rise much faster and to higher levels than many Wall Street analysts believe. My difference in opinion primarily stems from one belief: While other analysts believe the world is overproducing oil by as much as 1 million barrels/day today, I believe the supply and demand of oil is largely balanced.

Unlike Wall Street analysts who tend to take a government agency's oil supply and demand estimates at face value, I ...

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My TFSA Update November 2015 - What All Went Wrong With Long Run Exploration

Last update on Dec. 14, 2015.

Businessman chipping away at bar chart

Image credit:Lightspring/Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book. In addition, I’ll explain what went wrong with my investments in an oil and gas company called Long Run Exploration.

 

November Results: Down 0.5%

At the end of November, I had $47,810 in my TFSA account, which is down by $232 since the end of October. By comparison, the Canadian stock market went down by ...

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My TFSA Update October 2015 - Is An Oil Shortage Imminent?

Last update on Dec. 7, 2015.

People lining up to fill gas

Image credit: Ryan Rodrick Beiler / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. In addition, I’ll review some data that seems to suggest that we're about to enter an era of oil shortages, if we haven't already.

 

October Results: Up 9.6%

At the end of October, I had $48,042 in my TFSA account, which is up by $4,220 since the end of September. By comparison, the Canadian stock market went up by 3.9% while U.S. stocks ...

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Valuation Model for Baytex Energy

Last update on Sept. 21, 2015.

Image: Drilling rig in the Eagle Ford, courtesy of Shutterstock

 

On the third Monday of each month, I’ll comment on the performance of the premium portfolios and provide some additional analysis related to individual stocks. In this article, I will also present and explain my valuation model for Baytex Energy, a North American oil and gas company.

 

Premium Portfolio News

The performance of MoneyGeek's premium portfolios for the month of August 2015 were as follows:

 Aug 2015Last 12 MonthsSince Apr 2013
Moderately Aggressive -5.9% -10.4% +21.1%
Very Aggressive -6.9% -25 ...

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My TFSA Update August 2015 - How Oil Could Go Up by 27% In Just 3 Days

Last update on Sept. 14, 2015.

Image: Speculation Sign, courtesy of Shutterstock

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. In addition, I’ll explain why it was possible for oil to jump by $10/barrel in just three trading days, and I’ll discuss whether similar events can happen again.

 

August Results: Down 10.7%

At the end of August, I had $54,669 in my TFSA account, which is down by $4,901 since the end of July. However, that’s after I had contributed another $1,500 to the account, which means ...

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