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…

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…

Mutual Funds And Stocks Are Not The Same

When I talk to people about investing in stocks, the first response that I hear from people is that they are expensive and they don’t want to buy mutual funds. “Mutual funds? When did I even say anything about mutual funds?” It’s all good marketing of course. Like how Kleenex is associated with normal tissue…

Why Do We Fear Losing Money?

Just recently a relative of mine cashed out in the frothy GTA real estate market by selling her home. It was quite a haul for a home that probably went up 2 times its original value. Now the question became how to retire on that amount of money? Of course this was a person from…

Why Gains Can Appear Small In Your Portfolio

Most people don’t follow their investments. They tend to just buy whatever their advisor at the bank says or use a passive investment portfolio like the popular Canadian Couch Potato portfolios. When it comes time to review, which might happen once year, investors wonder why the gains are so small when the market has done…

Lessons Learned

On a day when the TSX climbed to record highs, the darling of the Canada’s stock market, Shopify, took a beating; going down more than 8% despite reporting increased revenues. So who saw that coming? That goes to show that trying to pick winners in the stock market is anyone’s guess. Trying to time the…