Category Archives: Wealth

How Winning the Lottery Ruined This Girl’s Life

A survey done a few years ago found that 34% of people rely on winning the lottery as a legitimate retirement plan. ūüėź¬†#smh. I’m no financial expert, but when it comes to aggressively planning for one’s retirement, playing the lottery more frequently¬†probably isn’t the best strategy. But of course some people can get very lucky, like Jane Park,‚Ķ Read More »

Becoming A Billionaire Investor Like Warren Buffett

I recently watched an HBO documentary called “Becoming Warren Buffett,” which features the life of the man himself.¬†The show gives viewers an extensive look at Buffett’s achievements, struggles, and challenges with his career, and probably more importantly, with his personal relationships. Buffett started making money at a young age selling gum door to door, and delivering newspapers. He¬†began‚Ķ Read More »

Apartments I Can’t Afford – Homes for the Ultra Rich

The Most Expensive Home in¬†Canada If¬†you’re in the market for the best property money can buy then look¬†no further than Vancouver, B.C. Earlier this year the exclusive downtown penthouse in Coal Harbour went on the market for CDN $58,888,000, which makes it the priciest Canadian home to be listed on the MLS. This custom designed,¬†upscale penthouse¬†features two full‚Ķ Read More »

Year End Balance Sheet Update 2016

2016 is turning out to be a spectacular year for equity investors. ūüôā The Canadian S&P/TSX index is up 17% year to date, while the Dow Jones index in the United States is up 14%. Wow! That’s impressive even by historical standards. The markets¬†have done an excellent¬†job of¬†beating expectations lately. ūüėÄ We could even see the Dow hit‚Ķ Read More »

Rich People are On the Rise

More Millionaires¬† The best way to¬†make a lot of money¬†is to work for the mint. ūüėĄ¬†But even if you don’t, chances are your finances have been improving. About 25,000 Canadians became millionaires in the past year according to a report released last week¬†by Credit Suisse. The bank claims that there are currently 1,117,000 individual adults with net assets‚Ķ Read More »