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 »
In today’s post I’ll share my finances and investment performance over the last 3 months. 🙂 My liquid net worth does not include my home or rental properties. My liquid net worth progress – April to June It has been an amazing quarter for most asset classes. The TSX hit 20,000 points for the first time ever. Here’s… Read More »
Hello friends. It’s a new year. 😀 My investment strategy for 2017 was simple; to buy dividend growth stocks and alternative investments. Dividend stocks and alternative assets tend to grow in bull markets but also hold up well in recessions. The plan is to earn respectable returns while reducing risk to the downside. Here are my 2017 results.… Read More »
2016 is turning out to be a spectacular year for equity investors. 🙂 The Canadian S&P/TSX index is up 17% year to date, while the Dow Jones index in the United States is up 14%. Wow! That’s impressive even by historical standards. The markets have done an excellent job of beating expectations lately. 😀 We could even see the Dow hit… Read More »
The level of financial risk we can tolerate depends on our savings: The less money we have the more risk we can afford to take on. If you have worked with a financial advisor before then you’ve probably seen a risk tolerance chart like the following. Each portfolio from A to D represents a different risk tolerance of… Read More »
How to Turn Existing Savings into Passive Income Many people look at their savings as money they can spend in the future. But I like to think of my savings as a perpetual generator of income instead. The difference is once you spend money in the future it’s gone. But if you have a machine that brings you a… Read More »