Meet the World’s Wealthiest Charity group Oxfam recently reported that the world’s 8 richest people have as much combined wealth as the poorest 50% of the world’s population. Here is the list of the 8 richest individuals, in order of net worth: Bill Gates: America founder of Microsoft (net worth: $75 billion) Amancio Ortega: Spanish founder of Inditex… Read More »
There is a lot of misinformation online about personal finance, especially from all those amateur blogs. This is why you should read everything on the internet like you would drink a shot of tequila – with a pinch of salt. 😀 Today I will try to debunk some of the most common financial myths out there. Myth #1. Credit cards… Read More »
What’s 6 inches long and gets Kim Kardashian excited? That’s right. It’s money. 😀 Especially the one with Benjamin’s face on it. There is certainly no shortage of liquidity in the world today thanks to central banks. As investors, our priority is to increase our expected returns while reducing our anticipated risks. A good way to go about doing this is by… Read More »
Chaos theory can make the world very unpredictable. Who knows what the markets will do over the next 12 months? Maybe there are some individuals who are really good at predicting the future. But I’m not one of them. Nevertheless, it doesn’t hurt to make some predictions just for fun. 😀 Below, not in any particular order, is a list of things that I… Read More »
Narrowing Down the Choices Most bond ETFs have pulled back meaningfully over the last few months. Now is probably a good time to consider buying some bonds in your TFSA. There are over 60 bond ETFs on the TSX to choose from. So which is the best one? Rob Carrick wrote an article about bond ETFs for the Globe & Mail back in 2011.… Read More »
The Second Longest Bull Market Happy New Year! 🙂 I hope everyone had a great 2016. It’s somewhat surreal to see an economy that’s still struggling while the stock market has never been stronger. We are currently living in the 2nd longest bull market in American history, recently surpassing the 7 year streak that spanned 1949 to 1956. 2017 could… Read More »