Posts Tagged ‘investment wisdom’
Gold Goes Down on Inflation. Why Doesn’t the Industry Know This?
Gold goes down on inflation. Why doesn’t the industry know this? This is one of the most common and wrong conventional wisdoms. The conventional wisdom is that Gold protects you from inflation, so if we have high inflation Gold should be up. It should maintain its value. The problem is – this isn’t true and…
Read MoreFinancial Post Article: Middle-aged woman who just lost her high-income job wonders when it’s ‘safe’ to retire
The Financial Post asked me to review the finances of a 47-year-old woman who lost her high-income job, and wants to know when it’s “safe” to retire. A successful professional, she was well on her way to an early retirement at age 52 or 53, but now she’s wondering if that will still be possible,…
Read MoreWhat is a Hedge Fund? Inside the Semi-Secret Hedge Fund World
20 years ago I took the most fascinating investment course, and by far the most in-depth. The course made me a “Certified Hedge Fund Specialist” (CHFS). I loved it so much I received the top mark in Canada. From the course and meeting with hedge fund people, I’ve learned the ins and outs of the…
Read MoreShould I start my CPP early? – Real-Life Examples
The most common CPP question I am asked is: “Is it smart to take my CPP early?” Prefer an overview? Like videos? Check out our whiteboard video, podcast episode or read the full post below! A quick review of the facts: The simple breakeven calculation misses many important factors. For example, if John starts receiving…
Read MoreSmith Manoeuvre or Smith Maneuver?
Why the two spellings and which is correct? This strategy (which I’m most known for), helps Canadian homeowners make their mortgages tax deductible in a simple way. What’s the proper spelling? Who pioneered this legal strategy? Does it work in Quebec? Can you use it if you live in the United States? All these questions…
Read MoreAsset Allocation Loss Ratio (AALR) – What Is It & How Does It Help You?
When you go to any investment firm, they require you to fill out & sign a Risk Tolerance Questionnaire of some kind. The purpose is to prevent you from investing too aggressively. This can be important, because you might sell a more aggressive investment when it is down and lose money. However, there are 2…
Read MoreGambling, Speculating, Saving & Investing. What’s the difference?
How should you invest your money? If you don’t invest wisely, it will be hard to fund your future. There are always new areas you can put your money into, but are they worthwhile long-term? In my latest video and podcast episode, I look at all the possible areas to invest your money and fit…
Read MoreInvest a Lump Sum or Bit-by-Bit. Which Is Smarter?
Invest a Lump Sum or Bit-by-Bit. Which Is Smarter? You have a lump sum of cash and you’re trying to figure out how to invest it. The stock market seems pretty turbulent at the moment, so you may be wondering if you should invest your lump sum all at once or bit-by-bit. Maybe you got…
Read MoreOptimism is the Only Realism
Optimism is the Only Realism. That’s my belief, and you’ll learn why in my latest YouTube video and podcast episode. I feel compelled to talk about optimism for 2 reasons: 1/ Optimism is absolutely necessary for financial success – effective investing and financial planning. You need to feel you will be better off in the…
Read MoreUsing Your Corporation As Your Retirement Fund
Can you fund your retirement from your corporation? That’s the question I answer in my latest video and podcast episode specifically for business owners. This is part # 2 of the video I did last week, where I go deeper into tax-efficient investment strategies when owning a corporation. It may seem complicated (if you’re talking…
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