In a rapidly changing world Environment and social issues are shaping how policy makers, consumers, and corporate executives behave. Therefore, investors also have to understand how these issues impact economies and financial markets. 🙂 In today’s post I’ll explain what those changes are, and what I’m doing to position my finances accordingly. As usual I don’t plan to… Read More »
Asset Allocation Many investors use a common rule of thumb to help with their asset allocation. They simply hold a percentage of stocks equal to 100 minus their age, and put the remaining amount in fixed income assets. So for a typical 30 year old millennial, 70% of his portfolio would be in equities, and the rest (30%)… Read More »
Deciding which accounts to hold different assets in Should you put stocks in your RRSP or TFSA? What about fixed income like bonds? This post will answer these types of asset location questions. Readers should already be somewhat familiar with tax advantaged accounts such as the RRSP, and regular taxable accounts. The importance of asset location Asset allocation… Read More »
There’s a saying that younger people should invest more in equities (stocks) and older people should buy more bonds. Some like to use the “100 minus your age” rule to determine asset allocation. Start with the number 100 and subtract your age. The resulting figure is the percentage you should allocate to equities, and the rest should be invested in bonds. For example… Read More »
Skilled and outgoing individuals are what companies look for when they hire. They don’t care about how rich or financially successful an interviewee is. They’re called the “human” resources department because they’re responsible for recruiting the best ‘human’ capital. In part 1, I wrote about what that means, today will be about why it’s useful. By properly maintaining our human… Read More »