July 30, 2021
If you're reading this post, then you’ve likely at least heard of the term net worth. But what does the term mean and why should you care about it?
July 23, 2021
fter some extensive research, I finally landed on an ETF called the Hamilton Enhanced Canadian Bank ETF (ticker symbol HCAL). It’s a relatively new ETF (launched in Oct 2020) with a ton of promise. Here’s why I was a fan of it for my leveraged investment.
July 2, 2021
Have you ever noticed how toilet paper comes in about 10,000 different shapes and sizes of packaging? How about power tools? Ever tried to buy a Dewalt drill? You have about a gagillion different options to choose from. Usually, the stores that offer products with this wide variety of selection are the same ones that claim they offer price matching. Here’s why I think that’s a joke.
June 11, 2021
We all want to retire someday, and the most surefire way to make sure that day comes sooner rather than later is to educate yourself on personal finance matters. Beyond reading personal finance books (I recommend a list here), here are three personal finance blogs you should be checking out.
May 28, 2021
As someone who’s passionate about personal finance, I’ve been asked a few times by friends if I’d be willing to give a bit of a 101 session to help them take control of their money a bit more. We host these sessions on Friday nights, and call them “Financial Fridays.” Turns out we’re not the only ones who do this – not even by a longshot.
May 14, 2021
I’ve written a few 101-type articles on investing in the past, including one piece explaining how a mutual fund works. Today’s piece will walk you through the mutual fund’s cousin, the Exchange Traded Fund (ETF).
April 30, 2021
As someone who is right in the thick of things when it comes to the FIRE movement, I cannot believe I haven’t written about it until now. But hey, better late than never, right? FIRE is an acronym, short for “Financial Independence, Retire Early.” It refers to a movement, especially popular among Millennials, where you save significantly more than the average savings rate (often upward of 50% of your income) in order to retire much earlier than the standard age of 65 (think 30s or 40s). You can think of it as “Freedom 55” on steroids.
March 19, 2021
Buying your first home in a seller's market like this one isn't easy. Luckily, there are strategies you can use to get your foot in the door!
March 12, 2021
Recently, I’ve been playing around with a penny stock as a form of entertainment. I invested a bit of money as a gamble, was happy to see that it paid off. My money doubled, and I sold. Had I left it in, it would have doubled again. This reminded me of an important investing lesson: timing the stock market is a fool's game.
February 26, 2021
A couple weeks ago, I wrote a post about why now might just be a great time to start a side hustle. If you haven’t read that post, go back and check it out! As a follow-up to that post, today I’ll show you a few different ways to monetize your side hustle.