Weekend Business and Blog Roundup – Nov 17th

Popular search terms that brought visitors to freedomthirtyfiveblog.com….

Nov 16th – from Halifax, NS…
canadian net worth statistics
The median net worth for an individual Canadian adult is $89,014. But the median net worth for a family in 2005 was $148,350. 

Nov 15th – from Chicago, Illinois…
“i bought apple stock on margin, what should i do”
Depends on your investment philosophy. As a giant tech company Apple may be volatile in the short term, but most analysts on Wall St. believe the long term prospects of the company is solid. I would hold onto it personality.

Nov 15th – from Williams Lake, BC…
“1500 dollars a year dividends”
You would need an investment portfolio of $50,000 worth of diversified stocks with an average of 3% dividend yield to make $1500 a year. If you buy the XIC ETF, which follows the S&P/TSX composite index, you will need about $54,000 because the yield is a bit lower.

Nov 14th – from Toronto, ON…
“where to purchase box gold bullion coins in toronto”
Easiest way is to phone a local Scotiabank and ask if they have any. I’ve heard they deal more bullion than the other big banks. Of course it’s always a good idea to compare prices so feel free to use Google maps, and you want to search for the term “bullion exchange in Toronto.” You will see at least half a dozen companies that buy/sell gold.

Nov 14th – from Prince George, BC…
“which stocks to invest in rrsp”
Canadian REITs (because some distribute income which is taxed at your marginal tax rate,) Canadian bond ETFs, and US stocks that pay dividends (so you can save 15% tax on those dividends)




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Plunged in Debt (@PlungedinDebt)

Thanks for including me! Have a great sunday!

myownadvisor (@myownadvisor)
11/18/2012 6:42 am

Thanks for the mention…enjoy the weekend!

Steve@The Loonie Bin
Steve@The Loonie Bin
11/18/2012 7:31 am

Thanks for including me in your round-up, Liquid.
Have a good one!

John S @ Frugal Rules
John S @ Frugal Rules
11/18/2012 11:10 am

Thanks so much for the mention! Have a great rest of the weekend.

11/18/2012 1:16 pm

Hey, thanks so much for the mention. I didn’t even know November was financial literacy month!

11/18/2012 7:19 pm

Thanks so much for including me in your round up!

Savvy Scot
11/18/2012 11:27 pm

Haha! I love how you answer your search terms!

Alex Yang (@yyangalex)
11/19/2012 6:58 pm

thats so sad, the median net worth numbers. when you also consider the 45+ crowd has significant net worth built up, it means the younger crowd (25-40) median is likely near 0…

11/19/2012 7:03 pm

I know. It’s a very disappointing figure. Yet when I think about how many people (25-40) are still working their way out of student loans the number is almost believable. Despite everything our median net worth is actually higher than those in the US, so yay Canadians :0)

11/20/2012 1:41 pm

Aw, thanks! This is my first time being linked from another blogger that I don’t know IRL. 🙂