Asset Allocation Many investors use a common rule of thumb to help with their asset allocation. They simply hold a percentage of stocks equal to 100 minus their age, and put the remaining amount in fixed income assets. So for a typical 30 year old millennial, 70% of his portfolio would be in equities, and the rest (30%)… Read More »
If our employer gives us the option to collect our paychecks one month in advance, but charge a one time fee of 1% then I’m sure a lot of people would like the idea. Maybe we won’t use it, but it’s nice to know we have that option to get paid a month early if we want to! 🙂 This is… Read More »
What Canadians Need to Know About America’s Next President People from all around the world were anxious going into the 2016 U.S. presidential election. Sometimes it felt like the two frontrunners were throwing more shade at each other than discussing real issues that actually matter. Some pundits warned that if Donald Trump becomes the next president, there will be hell toupee. 😄 In the end,… Read More »
The Advantage of Asymmetric Risk/Reward An asymmetric trade is when we have limited downside risk, but a lot more upside return potential. 😀 For example, earlier this year Great Britain held a referendum to decide whether or not it should leave the European Union. There was a 50/50 chance it could go either way. However most investors, traders and… Read More »
Motivational speaker Tony Robbins interviewed self-made billionaire Ray Dalio. Ray heads the largest hedge fund in the world, Bridgewater Associates, which has over $150 billion in assets under management. The All Weather Portfolio According to Ray, “there is one thing we can see with absolute certainty: every investment has an ideal environment in which it flourishes. In other words, there’s… Read More »
Last month I blogged about opening up a new Interactive Brokers account to invest in stocks. I’ve received some reader’s questions since then. So in today’s follow-up post, I’d like to discuss the following topics. 🙂 How to Open an IB Account How to transfer funds between TD and Interactive Brokers How margin accounts work with IB How to… Read More »