Author Archives: Liquid Independence
Happy Canada Day! Since the beginning of the year my net worth has climbed by $172,000. 🙂 I have read many books and online articles on how to get rich. But I didn’t expect implementing those strategies I learned would be so effective. The whole idea of buying undervalued assets and holding them for many years really does… Read More »
Dale Jackson retired at the age of 55. He didn’t win the lottery or start his own successful business. He just worked and saved diligently throughout his career as a media journalist, most recently known for writing investment articles for BNN Bloomberg. He explains how he achieved early retirement in a recent interview. Here are some highlights below. Keep… Read More »
There’s an old saying about sell in May and go away that highlights the historical underperformance of the stock market during the summer months compared to the generally better performance during the other half of the year. If investors use the sell and May and go away strategy, they would sell their stock portfolio in May, and reinvest… Read More »
Farmers are feeling the pain Last year Canadian farmers couldn’t grow enough canola to satiate China’s appetite. About 40% of Canada’s canola exports go to China every year. In 2018 that worked out to about $3.8 billion. But it all changed this year after Canadian officials detained Meng Wanzhou, the CFO of Chinese tech company Huawei, due to… Read More »
Another Strong Month for Stocks The age of monetary tightening is on pause, at least for now. Central banks have pumped the brakes on increasing interest rates. This has been great for the U.S. and Canadian stock markets, which have both hit new highs in April. But does that mean it’s time to sell and take profits? Probably… Read More »
Earlier this year hedge fund manager Ray Dalio gave 3 financial recommendations for millennials in an interview. His first recommendation is to focus on savings, and to think about how many months of living expenses your savings can get you through. Savings, explains Dalio, is “freedom and security.” Savings can also provide you with opportunities. If you need… Read More »