Remember Christmas time last year when stocks were getting pummeled and everyone was calling a crash that looked like 2008? Well guess what? If you sold everything you owned at that point you just ended up realizing missing out on over 10% in gains. That’s exactly how much the markets have rebounded since hitting their…
“Buy a house. It’s the best investment”. “The banks are crooks, they only benefit the rich”. Common words spoken by common people. Those are the popular phrases that have been drilled into our heads for as long as I can remember. It’s also been reiterated by man real estate agents and moms across the world…
The stock market has rocketed off to a ridiculous start in 2018. In fact if it continued at this pace we would be looking at gains past 100% for the S&P 500. Of course, that prediction is absurd and that’s why with the latest run up we should be wary that this won’t last. The…
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…
If you’re still confused about mutual funds, ETFs and index funds then you have to read this…
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…
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…
