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Archive for the ‘Advice’ Category

Peer-to-Peer lending: A beginner’s guide

In Advice, Financial, Fresh on December 2, 2016 at 11:18 AM

Today, when you have money left over after paying your bills, you invest in big and distant corporations. You don’t even think about it. The government incentivizes you to save for your future through RSPs and TSFAs. You invest in stocks, bonds or mutual funds. Basically, all of our money goes to the financial markets. The financial system has been designed to funnel our our collective savings in that direction. As different as you might try to be, we all own a slice of the financial markets at large. Alternatively, you could start your own business or purchase an investment property, but this is a lot of risk, costs more in legal fees and taxes, and most importantly, it may entail work that you don’t have time for. So you invest in passive financial instruments. And until now, passive financial instruments basically meant big corporations. 2016 marks the year where we, individual Canadians, can re-channel some of those investments from large and distant corporations to local small businesses. Read the rest of this entry »

Survival of the Fittest

In Advice, Financial on November 25, 2014 at 3:28 PM

An oldie but a goodie originally printed in CA Magazine. If you’re looking for a Registered Education Savings Plan for your children, here’s everything you need to know.

Where is My Father’s Money?

In Advice, Criticism, Financial, Fresh, Uncategorized on January 3, 2013 at 1:26 PM

As some of you know, I’ve been working on a book for the last few years. Here is a sneak peak.

Breaking Investment Theory

In Advice, Financial, Fresh on November 6, 2011 at 9:06 PM

The global financial saga continues. Once Greece is cooked, Italy will follow, then maybe Spain and Portugal. Europe’s problems, much like America’s, are partly financial. There is legitimate concern that the banking system itself is overextended. There’s additional worry that these countries have too much debt, which is why the bond markets are punishing them. During times like this, you’ll notice the stock market (or your mutual fund) is losing money. However, your financial advisor is trained to tell you one thing: stay the course. They will continue to say it no matter how bad it gets.

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ETFs: Explained and Exposed

In Advice, Criticism, Financial on July 14, 2011 at 1:13 PM

During the “flash crash” of 2010, the Dow dropped 1,000 points in a matter of hours because of a computer glitch. During this crunch, ETFs were impossible to sell unless you were willing to take a devastatingly low price. Why?

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American Infrastructure

In Advice, Financial, Fresh on May 20, 2011 at 10:14 AM

America’s in a rut. Despite the mixed economic numbers, long term growth is absent. More importantly, many unskilled workers don’t seem to have a place in the modern economy now that production has moved abroad. This piece published on Seeking Alpha highlights how to capitalize on the inevitable solution.

Strictly Monetary VI: Dollar Downward Spiral

In Advice, Criticism, Financial, Strictly Monetary: A Series on April 22, 2011 at 3:42 PM

In January of 2010 I pointed to the decline of the American dollar as being permanent. I spat at the idea that it was simply a slump. When the stock of companies like Apple and Google were at lows, I advised people that while they were good companies, there was no way I was going to hold anything in American dollars. This past week, Standard & Poors rating agency issued American bonds a negative warning, citing that it had serious concerns as to whether or not the American government will get it’s fiscal situation in order, confirming something we’ve known for years. So, what took so long?

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Strictly Monetary Part I: A Primer

In Advice, Financial, Strictly Monetary: A Series on January 24, 2011 at 12:40 PM

The global system of money is going through some drastic changes. It is one of the more complicated economic topics, but it is worth a deeper look as the dynamics of this change will have a tremendous effect on our lives. This is the first piece on the topic of money, covering how the monetary system works. Each piece will build on the knowledge from the previous one.

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How to Use Cash as a Pillow

In Advice, Criticism, Financial, Fresh, Popular Posts on November 1, 2010 at 7:52 AM

Here’s what the Investment Industry never tells you about Investing: You may miss out on life. Without precise plans for your savings, Mutual Funds can lure your idle cash with their lucrative long run performance. When stock markets are confused and volatile as they are now, financial advisors will remind you that these are simply bumps in the road to prosperity. Investment has become so commonplace that Canadians don’t think twice when making an RSP contribution as to whether or not that money should live in the markets. How did investing become so ubiquitous?

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Investment Advice

In Advice, Financial on September 8, 2009 at 8:27 PM
I just found THE best investment advice article. It’s not written in a prophetic way, it’s just stating some observations, but personally I find facts more useful than predictions when it comes to investments. The author, Jason Zweig, touches broadly on the economy as a whole, market history, and for me, no investment advice column would be complete without some psychological bias that investors commonly fall victim to.