Monthly Archives: February 2015

When Life Offers You a Rocket Ship – Get On

Sheryl Sandberg thought she was making a mistake. The year was 2001 and she had applied for a general manager of business units position. Sheryl began to doubt if there was even a job there at all. The small technology start-up didn’t even have “business” units so what was there to manage? Furthermore the position appeared to be several levels lower than… Read More »

Dream Global REIT Update

Last month I blogged about investing in German real estate through a Canadian REIT called Dream Global. I chose this investment for its strong foothold in the European economy and for the consistent high yield. Normally dividends from foreign investments are taxed. However because I’ve bought DRG.UN in my Tax Free Savings Account it wasn’t really clear what would happen.… Read More »

Government Debt

The government of B.C. just tabled another balanced budget. Finance Minister Mike de Jong’s latest budget projects a surplus of $284 million for 2015-2016. 🙂 This means B.C.’s $63 billion public debt is slowly being paid down. B.C. may be the only province in Canada to avoid falling into deficit amid plunging oil prices. But there’s something else that the… Read More »

Wharton School’s Financial Quiz

A new study by the University of Pennsylvania’s Wharton School found that adults in many countries make money decisions with surprisingly little financial knowledge. Researchers asked people in 18 countries THREE simple financial literacy questions about interest rates, inflation and investing. When Americans over 50 years old were asked these 3 questions, only 50% could answer the first two questions correctly. Furthermore, just 33% knew the correct answer to… Read More »