When it comes to successful investing the guidelines are pretty straight forward. Start as early as possible and do it often, because compound interest is one of the greatest discoveries known to mankind. Match the markets and don’t try to pick individual winners and losers. Index investing is the way to go for a majority of people out… Read More »
Steve Zussino, the author of Travel Hacking for Canadians, kindly gave me a copy of the book so I could review it. Along with his book, Steve also launched a website to help Canadian travelers save money on the road, called Canadian Travel Hacking. Steve also happens to be the founder of Grocery Alerts Canada, which is a website that posts the… Read More »
I finally sold my shares of Potash Corp./Saskatchewan Inc a couple of days ago. I first bought this company in 2012, and when it dipped in price earlier this year I bought some more to average down. I got rid of this stock now because I don’t want to risk it dropping in the new year. Overall I only… Read More »
In January of this year I wrote down 3 goals for myself to accomplish this year. Here’s a recap of those 2014 financial goals. 1) Increase net worth by $55,000 Pass! From the end of December 2013 to now my net worth has increased by more than $110,000. I never expected to exceed my target by twice as much, so that’s a pleasant surprise. Here’s a… Read More »
What do you call the world’s largest bulletin board which has 174 million users? Reddit! 🙂 Registered members provide content on this social news website, and everyone decides, through voting, what’s important and what’s rubbish. Submitted pictures, links, and articles that receive community approval get pushed towards the top, so the front page is constantly updating with fresh, interesting entries.… Read More »
Flawed and Unreliable The debt to disposable income (DTI) ratio represents the ratio of one’s total debt amount to his after tax income. But the debt to income flaw is not often discussed. “Debt” is a balance sheet item (net worth,) but “income” deals with budgeting (income statement.) Debt is simply a static number, while income requires the element of time… Read More »