Last month I explained why I started a swing trade. It’s like day trading, but you hold onto the securities for longer. Earlier today I sold the related holdings and made a profit. In my previous post on swing trading, I borrowed about $5000 to buy some undervalued stocks. I wrote back then that when the VIX drops back down to 30… Read More »
Building up an Asset Column When I started my career in 2008 my salary was in the mid $30,000s, and all I had for assets were a few thousand dollars in mutual funds. When I moved into my own place the following year I was excited to learn as much as I could about the the real world, and how… Read More »
Occupy Vancouver started today. Thousands showed up downtown. I contemplated whether I should join the event or not. I agree with some of their arguments put forward, but disagree with others. In the end I stayed home today because I got hooked on this new HBO series and just had to finish all of season one. But I support… Read More »
In Vancouver the drivers have to pay more for gasoline than in any other parts of the country. According to gasbuddy, at the time of this post the average price for a liter of gas here is 137.8 cents. or ($5.22 per gallon) This is why so many of my friends are driving across the Canadian/US border to buy their petroleum from… Read More »
There is a growing gap in the affordability of homes between the US and Canada. An average home in Canada costs $360,000 which is more than twice the price of a median home in the US. Take a look below. The red line shows the average price of a home in Canada, and the blue line shows the median… Read More »
I saw my wealth shrink by $6500 this month. This is so exciting! If I wasn’t working 2 jobs I probably would have lost $10,000 this month. This shows me how fickle the economy can be sometimes, and how necessary my job is to me, and how far I still need to go to reach financial independence. The TSX… Read More »