Online profiles vs reality Apparently people who use online dating websites are self reportedly richer, taller, thinner, and better looking than the average person. Who would’ve guessed? But how honest are people really when it comes to sharing their personal information on dating sites? Many women approaching 30 seek men to get married. But they have to be… Read More »
Proper Portfolio Diversification Once upon a time a topiary artist invested all his money in shears and hedge funds. But he lost all of it because he wasn’t properly diversified. We diversify our assets so if one investment fails miserably it won’t drag down the rest of our portfolio with it. Owning 10 stocks is better than 1. But there comes a… Read More »
Advantage of Long Term Thinking There’s an advantage in the business world for thinking long term. If a company only makes short term goals then it will be forced to compete with many other businesses in the same industry. It doesn’t take a lot of foresight or planning to run a company for 1 or 2 years, so that’s what… Read More »
An Economy Based on Resources Our current economic system can use some improvement. The government’s manipulation of currency, deficit spending, and bank bailouts are among many of the controversies that we have to deal with in modern times. But I recently found out about an organization called the Venus Project that aims to replace the society we currently have with one that’s… Read More »
Real Estate Incentives Financial advisors sometimes get a bad reputation for not having their client’s best interest in mind. Many continue to earn commissions even if their client’s portfolio is losing money. But what about real estate agents? Their compensation structure is also heavily based on commissions. They often earn a percentage from the final sale of a… Read More »
New Milestone It has been a surprisingly eventful month in the markets. Volatility was high during the last week of June but in the end North American stock markets ended relatively flat. The Dow Jones was up slightly, but the Nasdaq fell. The TSX Comp in Canada dropped by about 1%. However my mining stocks performed really well so… Read More »