Quitting my Job There comes a day in everyone’s life where they have to throw in the towel. After holding down 2 jobs for the past 8 years I felt it was time for me to quit. I’m simply getting too old for the workplace. And after analyzing my financial situation I realized that I do indeed have the means right now to… Read More »
Is the Stock Market Overvalued? My opinion is yes. This post will explain how I came to this conclusion. Thanks to reader Bricks for bringing up this topic. We’ll be looking at the S&P 500 because it’s a popular index and there’s a lot of data available for it. 🙂 This index basically represents a basket of 500 large… Read More »
Gradual Change According to the U.S. government, the country only grew 1% in Q4 of 2015. But that’s still better than Canada. Our GDP up here only increased 0.8%. It doesn’t feel like the economy in either country is going to pick up any time soon. Personally I don’t mind slowing down or even contraction. Slow economic times is a natural… Read More »
Retirement Account – Taxation Many folks should use tax deferred programs such as the RRSP or 401(k). Contributions made into a retirement account is tax-deductible and can grow tax-free in the account. When it is eventually withdrawn and taxed the plan holder will likely be in a lower income tax bracket. I would personally try to keep investments that produce mostly capital… Read More »
Start Compounding As Early As Possible I recently came across a retirement guide made by J.P. Morgan Asset Management. It includes a nifty comparison between those who starts investing earlier vs later. The results show how time can play a significant part when it comes to compound returns. 🙂 JPMorgan shows outcomes for 4 hypothetical investors who each invests… Read More »
I think believing in superstitions is bad luck. But bad things can happen to anyone. So one way to deal with unexpected situations is to be like Batman and have a contingency plan for everything. 🙂 I’ve recently updated my stress test page to reflect my current financial situation, which has improved since last year. A stress test removes uncertainty… Read More »