Buying a Covered Call Index Fund – ZWU

It finally happened. The Dow index broke 20,000 points for the first time in history. It’s never been so high before. If the stock market was a rapper, it would be Snoop Dog. 😀 With valuations being stretched so much it’s important to be very selective about what investments we buy now. One wrong move and we could… Read More »

Why I Don’t Compare My Investment Returns to the Market Index

Beating the market isn’t necessarily hard. We don’t have to outperform everyone else. We just have to do better than the average. By picking individual stocks my investment returns have either matched or beaten the S&P/TSX Composite index every year since I started investing. 😀 But in today’s post I will explain why that doesn’t actually matter. When Using Debt… Read More »

The Increasing Wealth Gap

Meet the World’s Wealthiest Charity group Oxfam recently reported that the world’s 8 richest people have as much combined wealth as the poorest 50% of the world’s population. Here is the list of the 8 richest individuals, in order of net worth: Bill Gates: America founder of Microsoft (net worth: $75 billion) Amancio Ortega: Spanish founder of Inditex… Read More »

2017 Financial Goals

What’s 6 inches long and gets Kim Kardashian excited? That’s right. It’s money. 😀 Especially the one with Benjamin’s face on it. There is certainly no shortage of liquidity in the world today thanks to central banks. As investors, our priority is to increase our expected returns while reducing our anticipated risks. A good way to go about doing this is by… Read More »