Archive for December 2023
The World is Getting Better All the Time
As we look forward to the holidays and 2024, one thing I know for sure is: “The World is Getting Better All the Time”. Every generation of young people thinks the world is getting worse, but the world is dramatically better in every important way than 100 years ago. For example, 170,000 people are lifted…
Read MoreSmall Print “Gotcha” in Credit Card Interest (Hint It Can Be 20,000%)!
You probably think credit card interest is pretty high. It can be far higher than you think! If you or your kids ever do not pay your credit card balances in full by the due date, this is the video to watch and podcast to listen to. Credit card debt is the single most common…
Read MoreFinancial Post Article: Couple expecting $1-million inheritance want to know if they can retire early
The Financial Post asked me to review the finances of a couple who are expecting a $1 million inheritance and want to know if that will help them retire early. Given that an estimated US$84.4 trillion in savings, stocks and property will pass from baby boomers to their heirs and favoured charities by 2023, this…
Read MoreCan you be confident in the stock market?
Which is true? Can you be confident in the stock market? Prefer an overview? Like videos? Like listening to podcasts? Check out our whiteboard video, podcast episode, or read the full post below! Most investors are scared of having a major loss. They try to reduce the risk of their investments mainly with 3 methods:…
Read MoreWhy You Should Open an FHSA This Year
You should open up an FHSA Account this year! This is for you if you don’t own a home now or in the last four years and are age 18 – 71. You get contribution room starting the year you open your FHSA, but if you wait until next year you lose that room. The…
Read MoreWhen can I Retire with the Lifestyle I Want?
Financial freedom. It is what we really want. You need a Retirement Plan to get there. It will not happen on its own. Creating your Retirement Plan is fun. It makes you wealthier. It’s not about your money – it’s about your life. Prefer an overview? Like videos or podcasts? Check out our whiteboard video,…
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