Ringing In The New Year

With 2018 in the rear view mirror it’s time to start looking forward at what the next year may bring. There are already quite a few known changes in Canada to the economic landscape that will affect our personal finances in 2019, so now is a good time to run down through the changes so…

2018: Year In Review

I went back one year to see what I wrote about in 2017 and the headlines were all about Bitcoin. Well guess what? Last year I wrote about how I couldn’t give a damn about Bitcoin because it was just a one hit wonder with no longevity and not a proper way to reach financial…

Stocks Don’t Always Go Up

No, that picture is not to scare you, it’s just used to described what people call a down market. A “bear market”. Despite the record setting years of the last decade, stocks are down this year. This is no surprise as I wrote about it at the beginning of the year. Interest rates are rising…

Budgeting For Couples

Black Friday came and went. It’s the holiday shopping season full of deals and lots of extra trips to the shopping mall or visits to Amazon to hunt for gifts for friends and loved ones. With all the extra time shopping, it’s not really a crime to actually want to get something for yourself. Maybe…

The Bitcoin Bust

There were talks of $200,000. Investors said that currency as we know it today would cease to exist and we would be using digital money. Bitcoin was supposed to be the digital currency to rule them all. The defacto measure of wealth in the whole world. Alas, none of those predictions are coming to fruition.…

Revisiting Your Risk Tolerance

Stocks ended October with a thump. If you were holding Apple you ended down 9% in the month. This was never supposed to happen. Weed investors that held Canopy from $7 saw their investment hit ten fold to $74.75, only to feel the wrath of Mr. Market 14 days later when it took a 41%…

Higher Interest Rates? Learning to Say No.

Three or four years ago people thought interest rates were going to go negative. There was talk about the bank actually giving you money for free because the interest rate was actually lower than inflation. Imagine… free money. Little did people know, there was no such thing as free money. Those that took the bait…