It’s not easy being an investor these days. We’re facing higher taxes. We’re being vilified by the media, and we often feel distanced from our friends and families because of our life choices. The struggles we face are real 😐 but our voices have not been heard. Below are several examples of first world investor’s problems. The Crude Reality During the last… Read More »
In 2003 oil was $30/barrel but today in 2013, it’s about $95/barrel. There are many factors that determine the price of oil like inflation, supply bottle necks, conflicts in the middle east, global economic growth, etc. Some people complain about the high price of oil today because it has tripled over the last decade. I guess it all… Read More »
Highest Debt Level Ever Credit bureau TransUnion released their quarterly report recently on the credit history of 25 million Canadians. They’ve found that excluding mortgages, we each owe on average $27,485 of debt, which is up $1,500 from last year and a record high. The average balance owing on a Line of Credit (LOC) grew by 2.6%, installment… Read More »
ONE of the easiest ways to make money is to seek opportunities where others are complaining about something. There is often a silver lining to every financial problem, and learning how to take advantage of that can be very profitable. 🙂 Here are 4 common financial problems I hear people constantly complain about and my solution to each… Read More »
Lower Unemployment Last year ended very positive for the Canadian job market. In December we hired 40,000 new workers and the unemployment rate dropped to 7.1%, it’s lowest point in four years! This number affects both confidence in the stock market, and housing prices. Hope we can continue helping our unemployed and under-employed friends in 2013 and get the… Read More »
Last week I bought 2 stocks hoping to make a quick profit in the months to come. Short term volatility is not a concern for me. After all, the last stock I chose in November, Cineplex, dropped in price right after I bought it. But today, I am up more than 6% on that investment. Not too shabby,… Read More »