Changing Employment Situation I got laid off from my full time job in early February. I received a severance package worth several months of my regular pay. So yay! #freemoney. I was starting to get complacent at my old job and could use a fresh start somewhere else. 🙂 The best way to leave a company, financially speaking,… Read More »
Eating restaurant food doesn’t have to be expensive. Follow these simple steps to save 30% or more on your next restaurant meal. 🙂 Pick a restaurant that offers a 10% discount if you pick up your take out order. Contact the restaurant and tell them what you want to eat. Go retrieve your food and bring it back… Read More »
A few years ago I bought 50 shares of Avigilon Corp (TSE:AVO) at a price of $25 per share. Avigilon is a surveillance and security company based in Vancouver. The idea for the trade was to ride the momentum up and then sell it for a profit. Soon after however, instead of continuing to climb, the stock price dropped. 🙁… Read More »
Investments for the New Year It has not been a great start for Canadian investors. The TSX Composite was down about 2% in January. Cryptos saw their worst month yet. And bond prices have fallen due to soaring yields. But on the bright side, the economy is improving as the labour market grows stronger and inflation is picking… Read More »
The Next Recession is Coming Although not directly correlated to the stock market in the short term, the economy also experiences cycles of ups and downs. Here are some graphs that have historically been very reliable when used to forecast recessions in the United States. Recessions occur when the total economic output of the country declines in two… Read More »
Why Bonds Are So Important A fundamental skill to successfully managing wealth is knowing how to diversify our assets. This means we must own both equity and fixed income, with the correct weighting and balance. There isn’t a single solution that fits everyone’s situation. But in general bonds help to protect our wealth against volatility when the stock… Read More »