May Update

It feels like so many things happened last week, most aren’t so good. France elected a new president over the weekend who advocates more government spending rather than less, and Greece’s minority government appears to be quite unstable and might have to go through another election soon. North American stocks are down for the month, the € (for those who live in Europe) keep losing value relative to the USD. Everyone’s rushing to the safety of German bonds, and commodity prices are becoming so weak. I feel like right now marks an inflection point when things are going to change in our economy. Not in any dramatic or particularly significant way but I will be sure to take advantage of any prosperous opportunity that arises in the upcoming months. I didn’t make any new investments in April so this month I have some extra money to deploy :0)

Here are some other random updates about recent events.

-My April no spend days challenge is over. I found it’s easier to do if I just leave my money at home unless I actually plan to buy something. I managed to beat my goal of 25 no spend days and lost about 8 lbs in the process. Will post more about that experience later this month.

-Watched The Avengers movie. It’s so good everyone and their dog should go see it right now if they haven’t already. There’s a reason this movie broke box-office records, holding the #1 spot for highest weekend gross of all time. Definitely my movie of the year.  Many experts predict it will be the first film to break through the $1 billion global box-office mark in just 20 days. All the more reason to own a stock like Cineplex which really benefits from numbers like these, without the risk of investing in individual movie studios.

– I started watching this reality tv show about rich Vancouver women. Yes, it’s the one you’re thinking of. I’ve learned so far that even the 1% wealthiest people still face the same social and emotional problems like everyone else in this city. Actually I don’t really care about the drama, because I’m way more interested to see all the high end restaurants and learn about fun local places they go to, and try to spot any landmarks I might recognize.

-I wrote a guest post awhile ago for my friend Hannah. Forgot to mention it until now. It’s at thecheapskatemom.com. Just some basic budgeting advice. Her site is pretty cool.

-Last weekend was the super moon. Did anyone see it? I was sleeping and missed it (>.<) too bad.

source: l.yimg.com

-Some people think BC houses are expensive. One in Ontario is selling for $8 million. It’s beside Lake Ontario and takes only 15 minutes to drive to downtown Toronto so the location is excellent, but I wouldn’t pay that much for it even if I had the money. The owner’s justification for that price is they bought it in 2007 for $2.8 million, and then spent $4 million doing renovations. (O.o) makes total sense right?

-And lastly, our local minimum wage recently jumped to $10.25/hr. Still not a whole lot but that’s a 28% increase from a year ago so as someone who use to make minimum wage, I think this is ought to make a lot of lower income folks very happy. Hopefully this doesn’t mean consumers will have to pay more at fast food places, convenience stores, and other businesses that tend to hire minimum wage workers.

Author: Liquid Independence

Editor in Chief at Freedom 35 Blog.

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Daisy @ Add Vodka
05/09/2012 6:26 am

I love Scarlett Johanson, haha! Congrats on both your no spend days and weight loss.

Liquid
Admin
05/09/2012 8:01 am

I found by eating a fruit and drinking a glass of water before dinner I could decrease my meal portions and still feel full.

Jeremy @ Modest Money
05/09/2012 7:13 am

Yeah that situation in Europe is set to get even uglier soon. It will be interesting to see what happens there. I haven’t seen Avengers yet, but I’m just too cheap/broke to go to the theater these days. So I might have to wait on that. Scarlett Johansson makes it a lot more tempting though.

As for the Vancouver reality show, I didn’t realize that started already. I have no interest in the people on it, but it would be cool to see the local landmarks.

Regarding the minimum wage, fast food prices already went up a lot lately. I don’t know if that is due to the general increase in food prices or if some had already taken the higher minimum wage into account. It sure makes it more tempting to make my own lunches and eat healthier.

Liquid
Admin
05/09/2012 8:13 am

I’m usually tempted to bring my own lunch too. Imagine how much a sandwich at a deli would cost 10 years from now if prices keep going up like in the past decade. Too bad our wages aren’t keeping up with the food inflation.

TB at BlueCollarWorkman
TB at BlueCollarWorkman
05/09/2012 7:57 am

The reasons your girlfriend didn’t like the avengers is hilarious man!

Liquid
Admin
05/09/2012 8:22 am

Yeah funny chart. I actually haven’t heard a single girl say she didn’t like the movie yet.

PC
PC
05/09/2012 10:24 am

Watching the Housewives Of Vancouver is a guilty pleasure of mine. My friend had brunch at Provence on Sunday and Mary was sitting the table right behind her! They were not filming though! Gossip was how Jody was the most popular getting more money per episode than Mary….

I really need to get on this no spend for 25 days! I would love to lose 8 lbs in a month!

Good on the minimum wage raise, but still it’s not really enough! This doesn’t really apply to me since I haven’t seen any raises this year yet hmph >_<

Liquid
Admin
05/09/2012 10:45 am
Reply to  PC

Jody really knows how to stir things up between the girls. I don’t think I would be a very good candidate for reality shows because I’d be looking at the camera too much 😀

PC
PC
05/09/2012 1:39 pm
Reply to  Liquid

Maybe you should be a talk show host then!

Liquid
Admin
05/09/2012 1:47 pm
Reply to  PC

Lol, then you can be my co-host.

her every cent counts
her every cent counts
05/11/2012 10:30 am

I love Scarlett Johansonn too. I’m all for girls who can kick butt. And I surprised myself by loving The Avengers movie too.

Liquid
Admin
05/11/2012 10:34 am

She can kick butt and also look good doing it. I heard they’re making a sequel :0)

101 Centavos
101 Centavos
05/12/2012 4:37 am

Gave in to Number Two Son’s begging/pleading and went to see the movie within two days of release — something we hardly ever do. Hate crowded theaters, even at matinees. Did the cheapskate thing and snuck in the candies. The boys and I loved the movie. A middling “It was OK” from the Mrs.

Liquid
Admin
05/12/2012 8:25 pm
Reply to  101 Centavos

I thought it was really well done too, especially for a super heroes film. Or maybe I just had low expectations going into it.

Marissa @ Thirtysixmonths
05/21/2012 11:38 am

I love Iron Man. He was the best part of the movie for me.

Liquid
Admin
05/21/2012 11:47 pm

I heard they’re making the Iron Man 3 movie right now :0)