I have previously written about the element of privilege when it comes to FIRE, i.e. Financial Independence Retire Early.
Category: Investing
Don’t trade on the news: coronavirus & your money
The last couple of weeks have been turbulent market-wise. Fears of the coronavirus and its impact on the Chinese economy sent markets into bear territory worldwide. My own portfolio lost between 5% to 10% over that period. And I don't really care. Yes, you've read correctly. And, yes, you also guessed that I didn't sell …
Continue reading Don’t trade on the news: coronavirus & your money
Return since inception vs. yearly return
I recently received my December statement for both my RRSP and TFSA portfolio. This portfolio is for retirement purposes only, therefore I don't plan to draw from it until I retire. As an information, its breakdown is as follow: 75 % equities, 20% bonds, 5% cash. Its geographical allocation is predominantly North American, but I …
Opportunity cost
If you are a reader of the blog, you know I decided to obtain an MBA. I have been studying for almost a year now. Last September, an opportunity came across to study for a semester on the Malaysian campus of my university. After careful budgeting, I decided to accept it. I have been in …
When to sell your stocks
I sold some stocks recently. Not only I didn't loose any money, but I actually made some.
High-Interest Savings Accounts and GICs in Canada
It is notorious Canadian banks and credit unions alike pay peanuts on savings accounts.
10 Financial killers
In my previous post, I shared how F.I.R.E. has an element of privilege to it.
F.I.R.E. explained and debunked
F.I.R.E. is a very popular acronym is the Personal Finance blogosphere. It stands for Financially Independent Retire Early. Over the years, this concept has become more and more appealing, and no wonder. With major changes in the workplace, such as stagnant wages, the disappearence of pension plans and a higher unemployment rate, a growing …
Time-weighted vs. Money-weighted rate of return
With the implementation of CRM2, Canadian banks, investments brokers, mutual funds dealers and other financial entities must disclose the method used to calculate the rate of return of a portfolio or investments like an ETF or a mutual fund.
Book review: Stock Investing for Canadian for Dummies
My first introduction to investing was horrendous, to say the least.
