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Month: October 2017

SNAP Position Update

SNAP Position Update

Today/yesterday  was a good day for long holders of SNAP chat stock ! The stock has run up over 11% within the last two days ! It has also gone above the $16 mark ! If you been reading my blog you would be aware I currently hold a long position in SNAP  . I wrote about it earlier in the year !  I originally bought this stock at $17 .  I have held this stock as it hit its…

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Segovia – Day Trip From Madrid

Segovia – Day Trip From Madrid

Segovia is a medieval town that can be visited on a day trip from Madrid. The old city and an aqueduct within the town was declared a  World Heritage Sites by UNESCO. The best part of the town is the Segovia Aqueduct which was built by the Romans. Aqueduct’s are structures build in ancient time to carry water over long areas. These aqueduct’s were build without the use of any modern tools ! This article gives a good overview of how aqueduct’s work.  The…

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Market Analysis – Oct 4th – AltaGas

Market Analysis – Oct 4th – AltaGas

The market keeps running up  and I keep on waiting on the side line waiting for a pull back to go back in . So getting a bit impatient ! I  watch BNN top pick everyday to get introduced to new companies and ideas. Ryan Bushell an energy sector Portfolio Manager was on – taking about his past picks and his top picks. One of his top picks AltaGas [ALA-T] currently trading at $28.59 and with a dividend yield over 7.3%…

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Toledo – Spain

Toledo – Spain

Day Trip to Toledo from Madrid  Toledo is the former capital of Spain. It is a medieval town. You can visit Toledo as a day trip from Madrid . Toledo has an interesting history .  It is a place where Muslims, Jews and Christians co-existed for a length of time period in history.  In the city you see the influence of the three different cultures in the architecture of the city and the buildings ! It is a charming city…

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Top Things to do in Madrid, Spain

Top Things to do in Madrid, Spain

Madrid is the capital of Spain. I found it to be less crowded and peaceful compared to Barcelona . The food was definitely better ( maybe the restaurants we visited turned out to be better ?) . There are less sights to see compared to Barcelona . However, the shopping was incredible in terms of value and choices ! In my travels – Madrid had the best shopping out of all the places I have been to in Europe (…

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What is Market Risk For A Bank ?

What is Market Risk For A Bank ?

Market Risk – is the risk that the value of your portfolio decreases based on market factors such as interest rate, equity , fx and commodity  etc. Detailed explanation provided here . Value At Risk ( VAR ) – is a measurement of Market Risk . VAR can be at the firm level or at a portfolio level. VAR – is the probability that you may lose a set % of money over a given time period.  You can read…

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