Apple and Beats The world’s largest company, Apple Inc, has purchased Beats Electronics for $3 billion. Beats by Dre is a popular brand of headphones that sells for $300 a pair. #veryprofitable. As an Apple shareholder I approve of this deal and hope to make lots of money from this strategic move 🙂 I hope consumers are ready… Read More »
Life is short so it’s important to take periodic breaks from our busy lives, sit back, and enjoy the present moment 🙂 Listening to music is a great way to unwind. Here’s some ambient background music composed by David Wise of RARE/Nintendo fame. Enjoy! Studies have shown that people who are more giving also live happier lives! Money shouldn’t be a means to an end.… Read More »
To become successful investors we have to think like marathon runners, because we have to stay committed to the long run 😀 So when it comes to the stock market the short term fluctuations are not important. Our perception of risk and performance should be placed on looking further down the road. Below are two made up scenarios for… Read More »
Talking heads often say that young adults are struggling more than older generations in this economy. But a recent BMO report suggests that millennials are doing just fine compared to what their parents went through at their age. The study compares the financial situations of young adults today (age 25 – 34) to that of young adults from 3 decades ago.… Read More »
I recently read an article written by the affable David Carrigg, a prolific Canadian columnist 🙂 The article is about how a public insurance company (ICBC) made a botch of things and overcharged its customers by $39 million! Furthermore ICBC not only overcharged some of its clients, but it also undercharged other customers to the tune of $71 million total. Many B.C. residents became upset. When… Read More »
I just sold my first covered call this morning 🙂 The proceed was deposited into my trading account and I am now $68.76 richer, yippee! I should do this more often (^_^) What does it mean to sell (or write) a covered call option? A “call option” is a contract between a buyer and a seller where the… Read More »