We’re three quarters done the year already. Time goes by so fast and it waits for no one. The impact of time on the world’s demographics have changed it so much. For example, according to Statscan in just the last 20 years the number of seniors in this country has increased by 57.6%, while the number of children… Read More »
The world’s richest woman alive, Gina Rinehart, recently gave some advice for the rest of us on how to become wealthy and successful. She said “There is no monopoly on becoming a millionare.” and encouraged more people to become rich. Here is the advice she gave… She urged anyone who is jealous of the wealthy to spend less time… Read More »
Great job numbers to come out of the US this week. Employment rose by 163,000 in July. Great because it’s higher than what economists were expecting. But for the housing market, stock markets, and employment to get back to normal we need to see a consistent growth of at least 200,000 jobs every month for 12 months or… Read More »
After a few months of stagnation my net worth is finally starting to climb up again. This is largely thanks to a bonus check I got in June. We don’t get bonuses every year so we were lucky this time. I almost feel bad accepting it though because Italy (the world’s 8th largest economy, which is even larger… Read More »
The latest employment numbers just came out for May and it’s very neutral. Our unemployment rate remains unchanged from last month at 7.3%. Taking a closer look at the numbers however we see that unemployment in BC actually jumped up from 6.2% to 7.4%. Unfortunately if you are looking for work in Vancouver, it is statistically harder for… Read More »
If you work in the financial services industry then April was probably a busy month for you because this is when taxes are due. According to a recent survey by BMO Nesbitt Burns, many people are unaware of the tax implications of investment income. The poll of 1,500 Canadians, conducted by Leger Marketing, showed that 58% do not… Read More »