With the recent pull back in the stock market I thought it would be a good time to add a couple of new stocks to my portfolio 🙂 So earlier today I bought 13 shares of Time Warner Inc, (TWX) at $75.69/share, as well as 26 shares of Twenty-First Century Fox (FOXA) at $34.06/share. Both are U.S. companies so… Read More »
Have you ever wondered which university degrees provide the best opportunities for financial success? Well a study by the wealth consultancy WealthInsight may have the answer. A ranking was produced by gathering together the academic histories of millionaires around the world. The top field of study is Engineering. 1. Engineering 2. MBA 3. Economics 4. Law 5. (Bachelor’s) Business… Read More »
E-Commerce Giant Don’t feel bad if you don’t know what Alibaba Group Holding Ltd does. An Ipsos poll conducted for Thomson Reuters found that 88% of Americans had never heard of the e-commerce company. Based out of China, Alibaba is like a combination of Ebay + Amazon, and is responsible for 80% of all online sales in the world’s… Read More »
What is a stress test? A stress test determines if you have the ability to deal with a financial crisis if things go pear-shaped. It makes the impact of unlikely, but plausible events measurable and transparent. This lets you predict potential problems your finances may face in the future so you can address them early and sleep at… Read More »
We teach kids to not begin a sentence with the word “Because.” We tell them the smallest things in the universe are atoms and molecules. But when the kids grow older they learn about proper grammatical structures and subatomic particles and inevitably realize that the information they were taught as children were simply inaccurate . Popular financial advice like “Don’t… Read More »
While GICs bear certain similarities to other investment products like mutual funds, bonds, CDs, and time/term deposits, they remain distinct from other types of investment vehicles. So what is a GIC? A Guaranteed Investment Certificate is a financial product, usually presenting virtually no risk to the investor’s principle, with the potential for returns. Minimum GIC investments usually start… Read More »