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Posts Tagged ‘wisdom’

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.

Being a Bank

In Financial, Fresh on March 4, 2014 at 4:31 PM

Banking is the best business in the world. People give you money, trusting you to keep it safe. In exchange, you pay them a tiny amount of interest. You then have the right to lend a portion of that same money and charge a higher interest rate, keeping the difference as profit.

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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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Build it already – Whispers in the wind clearly annoyed at lack of progress with TTC

In City, Financial, Fresh, Personal, Popular Posts on April 10, 2011 at 9:59 AM

In Field of Dreams, when Ray Kinsella (Kevin Costner) heard whispers in the wind, he took a leap of faith. He cleared out his crop to build a baseball diamond, clinging to a completely irrational belief that somehow things will work out in the end. Real life doesn’t work that way.

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Globalization: If he really loves her, he’ll be back

In Criticism, Financial, Fresh, Popular Posts on November 10, 2010 at 8:11 AM

If Globalization is like dating, Canada has some gorgeous features that make some countries jealous, and other countries eager. This allows her to get away with a lot. If he shows his desire openly, she makes him prove it. When he gets fed up, she’ll wait until they’ve both had time to cool off and then send a coy text message: how r u feelin?

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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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Warren’s Edge

In Advice, Criticism, Financial, Fresh, Popular Posts on March 9, 2009 at 7:27 PM

Warren Buffett said the American Economy has just fallen off a cliff. Most of you know him as a business mogul, or a billionaire celebrity, or maybe as a philanthropist, but the world of finance knows him in quite a unique way. I’ve laced this piece with some of his silky fine thoughts, to remind us how wisdom doesn’t expire.