Archive for March 2022
4 Steps To Help Your Adult Child Buy A House
Housing has always been expensive. But these days, getting your foot in the door in the Canadian real estate market is a more significant challenge than ever before. With prices increasing steadily for nearly 30 years, it’s unlikely that your adult children may be able to afford a down payment if they live in a…
Read MoreWhat Are Your Money Dials?
One of the keys to designing a great lifestyle is to align your spending with your values, or to practice conscious spending. But what does that mean, exactly? If you showed me your budget would I be able to tell if you’re a world traveler, a wine connoisseur, a golfer, a philanthropist, an outdoorsman, or…
Read MoreWeekend Reading: Stocks Vs. Real Estate Edition
A good percentage of Canadians would prefer to invest in real estate (either through their primary residence or by purchasing an investment property) instead of investing in the stock market. There’s even a perception that real estate is less risky than stocks. Couple that with massive gains in house prices across the country and it’s…
Read MoreEvermore Retirement ETFs: A New Target Date Solution For Your Retirement
Investing has often been an expensive and/or complicated endeavour for Canadians. The vast majority of investors put their money into mutual funds sold by their bank or investment firm – funds which typically charge 2% or more in fees and leave Canadians with less money for retirement. Then along came exchange-traded funds (ETFs), then robo-advisors,…
Read MoreWhy Invest?
Building on my evidence based investing guide, this article further explores why we invest. When we think of investing it’s only natural to dream about discovering the next Microsoft or Amazon stock or about becoming a world-class investor like Warren Buffett. But why invest in the first place? Is it the thrill of building wealth?…
Read MoreWeekend Reading: Building A Diversified Portfolio Edition
Nobel Prize winner Harry Markowitz famously said that “diversification is the only free lunch in investing.” For investors, that means diversifying their portfolio across different asset classes, different sectors, and different geographies. The goal is to reduce risk without sacrificing return. Sounds easy, right? Investing can be simple, but it isn’t always easy. Think about…
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