It’s that time of year again when we encourage kids to go beg for candy at random people’s houses. Yes, because taking candy from strangers when it’s dark outside is exactly the kind of thing we should be teaching children to do. 😛 Sometimes kids are forced to wear embarrassing costumes because parents think they look cute. Even animals are… Read More »
Retirement Number and The Rule of 300 The common question that comes up when people think about retirement is how much money do you need to retire comfortably? This is sometimes known as the retirement number. It’s a dollar figure that essentially represents financial freedom. 🙂 It’s important to realize that there isn’t a precise answer to this question because the… Read More »
I’ve been very fortunate with my past real estate investments. My Vancouver condo, and farmland near Yorkton, SK have altogether made me over $75,000 in pre-tax capital gains, at least on paper. 😉 Not too shabby considering how 5 years ago I still had student loan debt and a negative net worth. 😛 Researching a New Investment Idea Recently I was brainstorming ideas for my next… Read More »
I recently read an article about two individuals who started with nothing but eventually achieved success because they kept a positive attitude despite receiving a lot of criticism. Overcoming Criticism One day Jack Ma invited 24 of his friends to his house to discuss an online business idea that he had. After a 2 hour pitch 23 out of 24 people in… Read More »
Overreaction leads to market turmoil Over the last several weeks investors saw a 10% correction in the Canadian stock market, and a 9% correction in the U.S. Someone with a $100,000 portfolio invested in index funds could have just lost $10,000. Ouch. 😐 Is this market sell off justified or is it simply an overreaction to some recent bad economic… Read More »
What to do when the stock market goes on sale? A smart option would be to double up on some current positions. 🙂 A couple months ago I bought 50 shares of Avigilon Corp for $25 each. However due to the negative sentiments in the overall financial markets recently AVO’s share price is down. But there’s no need to be alarmed… Read More »