There’s no doubt about it. We’re in a period of volatility in the stock market. For the first time, in a long time, there’s been a run of “down” days. The stock market has been in the red and the market has closed lower than the day before. I do not claim to be any […]
When it comes to mortgages, you never want to be underwater. Repeat after me – living underwater is for fish, not people! A person is underwater on their mortgage when the mortgage amount owing is higher than the value of the house. For example, if you have a $450,000 mortgage but you would only be […]
Today, I’m encouraging you to spend your money on what you love. The beauty of personal finance is that it is uniquely specific to what each individual needs and wants. There are general, overarching financial needs that everyone has – think emergency funds, retirement accounts, and just-for-fun money. Everyone who is alive needs to have […]
For those who don’t know, F.I.R.E. is the acronym for Financial Independence, Retire Early. It’s a financial point of view that has gained traction in the past 10-15 years. People live significantly below their means in order to grow their money as fast as possible until they no longer need to work. Once they hit […]
Ever since I started working, I’ve been thinking about the day that I can stop – for good. Thankfully, I’ve had very good jobs and worked with amazing people. My work has been challenging and my tasks have been interesting. All that said, work is not my passion in life. I’m not one of those […]
If you’ve been paying attention at all, then there’s no way that you’ve missed the impact of inflation at the grocery store. Food has gotten more expensive! One of the few ways to combat the increase in prices is to make each grocery dollar stretch a little bit further. Enter meal-planning. One of my friends […]
This post is about creating cash flow by understanding ex-dividend dates. Buying a share in companies that pay regular dividends is way to creating passive income for yourself. Once invested, your money will be put to work. The dividends will come to you for as long as you own the shares. It’s a great way […]
Yes. Short though the answer may be, it is accurate. Today is the best time to invest in the stock market. Since the start of 2022, my portfolio has seen a lot of volatility. My personal definition of volatility is that its value has moved between $7,000 and $15,000 in one day. Some days the […]
As we gradually move into a vaccinated post-COVID world, I wonder how many of us have discovered a new normal for our money. The lockdowns forced many of us to curtail our spending in many areas of our lives. Those lockdowns have all but disappeared in my corner of the world. However, there were some […]
Allow me to be very transparent, right from the start. I’ve had a non-registered investment account with BMO Investorline for decades. They’ve recently introduced a list of exchange-traded funds that can be purchased for free. Let me tell you say it again. Commission-free investing is fantastic! I suspect that this move to providing commission-free purchases […]