Should Rate Hikes Worry You?

This past week the Bank of Canada raised interest rates by another quarter point or 0.25%. That small change didn’t seem like much, but the Bank of Canada prime rate now sits at a measely 1.25%. Still low for historical reasons. The commercial banks followed suit with most major banks raising their prime lending rates…

Simplify Your Portfolio

When it comes to investing your money it can be a daunting task. There are so many options, there are so many opinions, and there’s so much media influence in the money world that it can often become so confusing that we do nothing. Doing nothing always seems like the most logical choice because it…

New Year’s Housekeeping

The new year is when I always like to start fresh and take a look at all my personal financial needs for the new year. This doesn’t just mean my investments, but a lot of other things too. Like are my insurance needs covered? Did I pay all my bills? Do I need a new…

2017: Year In Review

Bitcoin, Bitcoin, Bitcoin! That’s all I hear from anyone that is investing nowadays. Do I regret missing out on the massive crytocurrency gains in 2017? Definitely not! I’ve already mentioned how many people speculate on Bitcoin to make big bucks, but as a long term wealth building portfolio, it doesn’t match what a diversity investment…

The First Step To Investing: Saving

I get asked all the time “What should I buy?” It’s assumed by many that the best way to financial independence is to find the right assets to buy so that your money can grow quickly. This is exactly the wrong type of thinking. Achieving financial independence isn’t about finding quick hit wins with your…

We Are Failing Personal Finance

Just last week the Statistics Canada released notes that stated that Canadians are now more educated than ever. 54% of Canadians age 25 to 64 have post secondary education. That’s quite astounding when more than half the workforce in the country have high levels of education. Despite all that education, Canadians are failing more and…