Why It’s So Easy to Overspend We are all tempted by instant gratification to some extent. And thanks to poorly implemented public policies it’s now easier than ever to live beyond our means. When we run out of savings, we can simply use credit to continue buying what we want. At least that’s what I usually do. 😉 Once upon… Read More »
Not So Special Around this time last month I proclaimed that I had a million dollar in assets. At first I was really happy about my situation because I thought I was unique. 🙂 But as it turns out, a million dollars isn’t all that impressive in my neck of the woods. I live in Metro Vancouver on the west… Read More »
A Crappy Way to Smuggle Gold In a story that would fit right into a heist movie, an ex-employee from the Royal Canadian Mint has been accused of stealing gold nuggets from the government facility by hiding the precious metal in his butt. Talk about gold bottoming out. I guess you can say this alleged gold heist was an… Read More »
When Average Isn’t Enough Everyone knows that exotic dancers are bad at investing. After all, they always end up losing their shirts. 😆 But they are not alone. Most people in general are simply not very successful at investing. According to BlackRock, the largest financial management company in the world with nearly $5 trillion of AUM, the average American investor managed to make only… Read More »
Lower Cost with Interactive Brokers Everyone likes a discount, especially personal finance enthusiasts. We tend to get hyped over even marginal deals. 😀 Speaking of margin-al discounts. I recently lowered my stock margin rate from 4.45% to just 1.95%. Hot damn! It’s even lower than my mortgage now, haha. 😁 One of the best things investors can do to increase our… Read More »
The Effects of Debt on Your Health According to a Globe and Mail article I recently read, people have gotten sick and depressed thinking about their debts. “Researchers and health professionals are making the case for treating personal debt as a public health problem.” Oh no. 🙁 Dr. Donna Ferguson, a psychologist in Toronto says, “I think that it’s a major crisis.… Read More »