Finance Wisdom

It is easy to run into credit card problems during the holiday season. Here is some motivation and clear action steps to avoid them. You can become a Credit Card Genius in 2 steps: Pay all your cards in full every month. The #1 perk of any credit card by far is the 6-week no-interest…

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Well-written article on Biz TV. Unconventional wisdom. So many Canadians limit their financial future because of beliefs they have that are simply not true or are not optimal. Myths about the stock market lead Canadians to invest too conservatively to achieve their life goals. Myths about retirement planning leave them far short when they retire.…

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I wanted to reach out to you today as loyal reader of Unconventional Wisdom to let you know about the Canadian Financial Summit. It’s the first time 25+ Canadian personal finance experts will be gathered in one place to share their insights, tips, and secret hacks with us in an online setting. It’s also completely,…

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TFSA vs. RRSP is one of the most common questions I am asked. If you want to know for sure which is better for you, then you need a financial plan.   Many articles have been written on this topic that list pros and cons with general opinions. The truth is that:   Rather than…

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After last night’s US election result, everyone is asking why Trump won and what this means for the US and the world. I have been reading about this all day and came across this insightful perspective from a particularly intelligent fund manager:   “Last night’s election results remind me of the1971 Monty Python album “And…

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Here is a good article about a fund manager avoiding today’s dividend bubble. The riskiest stocks today are “safe stocks”. Let’s be clear. We are in a dividend bubble. People are buying over-valued companies only because of a high dividend. With interest rates so low, investors are searching for a higher yield. Just like the…

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