End of year decision-making

Posting will continue to be light in the final couple weeks of the year. Part of the luxury of not having to be forced to deploy capital is that I can be patient, and this time of year is usually a good time to do anything other than work-related work!

I did manage to unload a few more debentures of a very poorly performing corporation that I have written about in the recent past; this is purely about mitigating potential credit risk in 2011.

Also, I have been investigating the potential usage of cheap leverage given that it is unlikely Canada will be increasing its short term rates soon. This kind of notion is unfortunately a year too late, but there are still options available that would seemingly yield some fairly low-risk return on investment.