Weekend News – Good Guy Tom Crist

Retiree Wins Lottery – Then Gives it all Away

What would you do if you won the lottery? Tom Crist, retired CEO of an electrical wholesale company who lives in Calgary, said he’s giving away his entire $40 million Lotto Max prize. He lost his wife to cancer 2 years ago. He now plans to put the lottery winnings into a trust fund to be given out over the years to charities such as the Canadian Cancer Society. “I don’t really need that money.” He said. Faith in humanity restored πŸ˜€


Weak Loonie

The Canadian dollar fell to just 92 cents USD lately. This is the lowest our currency has been since 2009. Fantastic news for manufacturers and exporters πŸ™‚ If you are American this is great news for you too because Canadian goods are now more affordable for you.Β Last year when we were at parity I suggested Canadians should buy U.S. assets like stocks or currency. I wrote about buying Google, Qualcomm, Starbucks, and Disney when the $CAD was still high. Β Now the tides have turned, our Loonie’s value has dropped, and I’m reaping the rewards πŸ˜€


Every Major Marvel and DC Movie Release Until 2019


2014 Movie Releases

Speaking of Disney (DIS), they have several Marvel blockbuster movies coming out this year. Each one is expected to make huge profits. Disney shares are up 43% year over year! How can anyone possibly resist investing in this globally diversified, money printing company? πŸ˜€ Anyway, here are a list of popular movies that are coming out this year πŸ™‚




TFSA Participation Fail

A recent ING DIRECT survey revealed that 53% of Canadians still don’t have a TFSA.


Not having the money to contribute is the main reason they haven’t opened a tax free savings account yet. If you are currently in school and have $50,000 of student loan debt and no income yet, then it’s understandable that you have no savings. But for most people who can put some money away the TFSA is one of the best tax saving vehicles there is. We have a perfectly legal way to not pay any taxes on our investment gains, yet less than half of us are actually using it? (Β ΰ² _ΰ² )


Video of the Week

Caterpillars in Hawaii have developed hunting skills



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Not Working
Not Working
01/10/2014 9:10 am

Keep up the low canadian dollar value, i have 16,000 euros to convert πŸ™‚

fiscally fit
fiscally fit
01/10/2014 9:11 am

Thanks for the mention. Also, I am not sure what to think about caterpillars with hunting skills… The last thingn I want is to think about how insects and bugs are getting smarter haha

save. spend. splurge.
01/10/2014 10:06 am

Hey thanks for the mention! πŸ™‚

I like the low Canadian dollar for now, seeing as I am planning on NOT traveling and want to convert some USD into CAD…

01/10/2014 3:29 pm

Even @ 92 cents to the American Loonie, I can’t afford to live in Canadia! How I miss the good old days where I could go into Ontario and buy candy with my greenbacks and no one did any math. Yep [….] them were the good ‘ol days.

Thanks for the shoutout!

Investing Pursuits
01/10/2014 8:30 pm

Thanks for the mention, Liquid.

01/11/2014 9:07 am

Darn, I was planning on going down to the outlets in Tulalip next Sat. Hopefully CAD will bounce back a little. Surprised to see it slump so fast in the last few days. Thanks for the mention.

The Outlier Model
01/11/2014 5:27 pm

Thanx for the mention! πŸ™‚

Steve @ The Silver Maple Leaf
Steve @ The Silver Maple Leaf
01/12/2014 12:12 am

I can’t believe that many Canadians don’t have a TFSA 😐

Thanks for the mention! πŸ˜€

laura / no more spending
laura / no more spending
01/12/2014 12:53 am

Thanks for the link love…bugs getting even smarter! Yikes!

01/12/2014 6:19 am

Thanks much for the mention!

Scratch And Win
Scratch And Win
07/21/2016 8:32 am

value always seems to be decreased :@