Category Archives: Debt

How to hedge against inflation in 2021

Inflation protection Do you remember when air was free at the gas station? Now it costs $1.00. You know why? Inflation. 😀 It’s crazy to realize that the dollar has lost over half its value during my lifetime so far. One dollar in 1987 could buy what $2.33 can buy today. This is why everyone should hedge against… Read More »

Canadians are the best! – at taking on debt – but not really

Putting Household Debt into Perspective . Canadian households currently owe more than $2 trillion. Our average debt to income ratio increased to 170%, making us number 1 among the G7 countries. 🙂 But do we actually have too much debt? Well perhaps not. Comparing Canada to the G7 group conveniently omits other highly developed countries. Australia’s national broadcaster… Read More »

How to Rationally Think about Leverage

Borrow money to make money Today we’ll explore a common question I get asked all the time: What is my thought process behind leverage? The short answer is simple. I want to make high returns without being exposed to high risk. Normally the two go hand-in-hand. But leverage allows me to separate them. For example, a speculative marijuana stock may grow 20%… Read More »

Using Leverage to Reach New Heights

Some people suffer from areophobia, the fear of flying. But this is plane silly. Flying is statistically safer than driving. Yet some people live entire lives without ever getting onto a plane due to this irrational fear. They believe merely walking into an airport could give them a terminal illness. 😄 Borrowing to invest is similar to flying. Nobody ever… Read More »