Is diversification dead? It largely failed us in the 2008-2009 financial crisis, but if you held on for the long haul it did breathe life back into your portfolio on the way back up.
A perennial question is how much diversification is enough? If you’re invested in mutual funds and ETFs, these are by definition already [...]
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May 9, 2010 · 16 comments
in DIY, cashflow, consumers, credit cards, determination, discipline, estates, financial education, financial fitness, financial planning, goals, life, money decisions, psychology, spending, success, wealthbuilding
If you’ve been around on the interwebs and Twitter enough, and if you’ve read enough personal finance books, you’ll know a heck of a lot about The Millionaire Next Door. She or he spends less than you’d think, they don’t drive a Rolls Royce or Jaguar, and they’ve probably made it to millionaire within one [...]
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April 5, 2010 · 6 comments
in bubble, discipline, economy, emotions, financial planning, future, investing, market crash, market timing, money lessons, opportunity, preparedness, psychology, purchases, savings, stock picks, stocks, wealthbuilding
One week we’re done with market crashes, the next week there’s more talk of bubbles and Wall Street antics wasting taxpayers’ money. This list of market doom headlines is a good enough reminder of how the fear for the end of the world felt like just over one year ago now in early March 2009.
What [...]
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March 22, 2010 · 6 comments
in DRIPs, books, cashflow, discipline, dividends, education, financial education, financial fitness, financial planning, investing (general), investment tools, money management, portfolio, purchases, stocks, wealthbuilding
I’ve been an individual stock investor for almost a decade now (starting out very small, while still an undergrad), but it’s taken me some time to revise my methods and learn what’s most important in terms of record keeping. When I first started out, all I cared about was the excitement of the purchase itself [...]
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This cash ISAs guide is written by Clare Westwood of the Savings team at moneysupermarket.com, the price comparison website, and aims to highlight some key points to consider when using or opening a cash ISA account.
A cash ISA is a great idea for any UK-based saver as it means saving a set amount and keeping [...]
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March 1, 2010 · 4 comments
in Federal Reserve, US economy, USD, consumers, deflation, depression, economy, financial planning, interest rates, investing, market trends, money supply, recession, stimulus, unemployment, wealth protection, wealthbuilding
The rally has been over for a good two months, and the markets have been stuck in a trading range since the New Year. Recent concerns over the potential of sovereign debt crises, however, show that we’re not out of the woods yet.
Just consider some of the following areas for potential setbacks in the markets: [...]
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January 23, 2010 · 13 comments
in Canadian, Computershare, DRIPs, S&P/TSX, dividends, financial planning, money decisions, passive income, stock picks, wealthbuilding
Ready to buy your first share in a Canadian DRIP plan? Deciding which Canadian DRIP stock to invest in first?
These are my top picks for Canadian DRIPs today, in early 2010. The DRIP landscape is always changing so it pays to keep one eye open and monitor your investments. That said, DRIPs in general are [...]
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