Finance Wisdom

How to Become a Credit Card Genius

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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Ed Rempel: Dedicated to Dispelling Conventional Financial Wisdom

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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FREE ticket to the Canadian Financial Summit – 25+ Experts Online

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 or RRSP? – The Right Answer for You

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: When you include the…

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Perspective on a Trump Government

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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The Bubble You Never Even Thought Was A Bubble: Dividends

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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Election-Proof your Portfolio??

With the US election all over the news, I have seen a bunch of articles on how to protect your portfolio. Is trying to protect your portfolio before an upcoming news event a good idea? Trying to protect your portfolio before a known event is likely a money-losing strategy. That’s not how the market works.…

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