Mortgage Investment Corporations Returns in 2015 The Toronto Stock Exchange lost about 9% last year. But one group of investments that performed well in 2015 were mortgage investment corporations (MIC.) In the beginning of 2015 I held three different MICs. Since I didn’t add any new positions throughout the year it’s easy to calculate my total annual returns from them. Let’s take a… Read More »
More Income Streams Most people can make over $100,000 a year if they’re committed to improving their formal education, be dedicated to their careers, and be willing to work 60+ hours a week. But unlike most people, I’m lazy and don’t like to work hard. 😛 So I prefer to use multiple income streams to eventually earn a $100,000 annual… Read More »
The Current State of Canada’s Economy The economy isn’t so hot these days. Oil is down and so is the Loonie. The issue isn’t that we’re at a low point in the economic cycle. The problem is how quickly this happened and caught most people off guard. The price for a barrel of oil fell from $100 to… Read More »
What Does Risk Mean? It’s time again to learn about you, the readers. Awhile ago visitors of this blog were asked which word first comes to mind when they hear the term, “risk.” Here are the results. Thanks to everyone who voted. It appears most readers associate risk with uncertainty or opportunity. I would choose uncertainty as the first thing… Read More »
Mental Contrasting Mental contrasting is a visualization technique to help people get what they want. 🙂 It was developed by Gabriele Oettingen, a psychology professor at New York University. This technique has strong empirical support. 🙂 Over the last decade in studies conducted by Gabriele and other researchers, mental contrasting has been shown to increase attendance and academic performance for low-income… Read More »
Netflix I like to maintain an active lifestyle. So in 2014 I invited the popular online streaming service, Netflix, into my home because I wanted to do a marathon. After all, watching TV burns 70 calories per hour. Then earlier this week I welcomed Netflix (NFLX) into my stock portfolio. 😀 The price of oil is falling, the global economy… Read More »