As per readers’ feedback from the previous month’s fiscal update I’ve decided to convert the value of all my USD assets into Canadian dollars when I calculate my net worth. By factoring in the exchange rate I hope to have a more accurate picture of my net worth 😀 Luckily the $USD is worth more than $CAD, so my US… Read More »
Very uncertain times for the stock market these days. The Dow Jones, which is a barometer for many companies in the US, is at record highs, surpassing previous levels in 2007/2008 before the recession. In fact many stocks are at 52 week highs right now. This means we are at a critical point. We will either see stocks continue to… Read More »
Real estate continues to soften in Canada but is picking up steam in the US. Stocks were relatively flat but overall nudged up slightly. I’ve decided to finally add my US trading account to my net worth. There’s not much in there. It’s only worth maybe $30K, made up of different US companies like Starbucks, Caterpillar, and other… Read More »
When we entrust money to a professional portfolio manager with billions of dollars under management we might assume that these people are better investors than you or I (^_^) After all they get paid huge salaries and oversee important private equity funds, mutual funds, or even pension funds like OMERS, CPP, California Public Employees, NY State Teachers, etc.… Read More »
January is when I adjust the value of my home. I determine the new price by taking my original purchase price in 2009 and add inflation to it every year. In 2012 the CPI in Canada for the entire year averaged out to roughly 1.6%. Last year my home was $248,000. This year I’m going to add the… Read More »
In the US alone the entire coffee industry is valued at $20 billion a year. In the quick service business, companies like Starbucks and Tim Hortons have such loyal customers that people are willing to sacrifice a part of their busy morning lives and wait in long lineups to get their cup of joe. In the past I couldn’t… Read More »