I have $X, what should I do with it?

Deciding what to do with new money As the average global population continues to age there will be greater instances of wealth transfer from the old to the young. Most people will come into a bonanza sooner or later. Maybe it’s $5,000, or maybe it’s $500,000. Whatever the amount happens to be, it’s essential to grasp the significance… Read More »

Liquid’s RRSP and TFSA Performance

3 Year History Usually when investors talk about expected market returns we like to look at historical averages. Over the past 115 years stock markets in the developed world delivered an annualized return of roughly 8.5%. This means we can probably assume that a normal range would be somewhere between 6% and 11%. I use TD as my… Read More »

Today’s Trick Question: What is Profit?

The Profit Motive What is profit? It’s often described as a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example if the mint makes 25 cent coins, then it should expect quarterly profits. ? But here on Freedom 35 we like to think outside the box. So here’s another definition.… Read More »