The following post is written by collaborator Jim Thompson. With the rising cost of living, it is important for people to invest. If you have never invested before, you might be apprehensive about where to place your money. However, with high returns you do not have to invest a lot of money. When you invest, you are planning… Read More »
When Long Term Planning Works Out Thanks to my recent investment in Lending Loop I am now making an additional $2,000 per year of interest income. This brings my total passive income to $24,000 per year. Sweet peaches and cream! 😀 Here’s a breakdown. $9,000 dividends $9,000 rent $6,000 interest Passive income is the best kind of income for 3 important reasons:… Read More »
A Real Education About Money April is officially financial literacy month. Yay! Information is free and everywhere. The problem is some can be misleading. One of my favourite PF gurus, Gail Vaz-Oxlade, recently noticed a slough of pretentious ninnies online pretending to be financial experts. Is it just me or is every Jo and their dog now a personal finance… Read More »
Recent Purchase – Yellow Media Ltd Although most of my investments are in blue-chip dividend paying companies, it can be fun sometimes to speculate on smaller companies as well. It’s kind of a risky play, but I recently picked up 120 shares of Yellow Media (TSE:Y.) I paid on average $8.14 per share, plus commission. The stock is trading at… Read More »
In a World of Abundance Over the last couple of weeks I have indulged in many pleasant gastronomic experiences around the city. Below are some pictures of events I attended and the food I enjoyed. And here’s the kicker. 😀 Everything was free! Free Food is Everywhere Why would companies hold events to give away food to the public?… Read More »
Earlier today I was feeling kinda lonely. 😥 So I decided to buy some shares. Ah yes. It sure feels good to have a bit of company. 😄 And that company is called Costco. In this series of blog posts I’ll explain how I determine which stocks to add to my portfolio based on strategic valuation methods. 🙂 How to Value a Stock:… Read More »