Even before the shut-downs, the economy wasn’t working for the majority of people. Our experiment in the free-market has been tested and it has failed. Ever since the Great Recession, people have been discussing the rising inequality in Western society, but especially in the uber capitalistic North American society. With COVID-19 impacting every industry, the […]
Our Economy is Broken: The Free Market Experiment Has Failed Read More »
We are in a recession. There is no doubt about it. Unlike some other downturns, we are often still debating if the economic data supports calling an official recession. The official definition is 2 consecutive quarters of slowing GDP. But with this pandemic, we know that GDP and all productivity has fallen off a cliff.
What Might the Economic Recovery Look Like? Read More »
Everyone’s talking about it, the disastrous day we had in the stock market yesterday. News Anchors are saying it’s the worse 1-day tumble ever or since the Financial Crisis. Pretty scary stuff, right? I can’t predict the future, but I can tell you what my experience was in 2007-2009 as we lived through the worse
What Happened In the Stock Market Yesterday? Is This Another Financial Crisis? Read More »
What is the difference between a sinking fund and an emergency fund? A lot of people have heard about the importance of having an emergency fund, and they work hard to secure it. But today we’re going to talk about another kind of savings. And that is a sinking fund. Both are equally important, and
What is the Difference Between a Sinking Funds vs an Emergency Fund? Read More »
Today, we’ll discuss the concept of asset allocation – which is just a fancy way of saying how you’ll split your money up into different buckets. In most financial literature, you’ll see it displayed as a pie chart. This pie will either be made of just 1 thing or they will be split into different
Asset Allocation: Easy as Pie a la Mode Read More »
Over the holidays, I read a very interesting book. The title is Brave, Not Perfect, written by Reshma Saujani, the founder of the not-for-profit Girls Who Code. What really resonated about this book is the discussion of gender expectations of girls versus boys in our Western society. How that impacts us as we grow up.
How to Go From Overthinking Investing to Taking Action Read More »
[social_warfare] One really common question that I get asked is, “do I need to add bonds to my portfolio?” In order to answer this, we need to consider what are bonds and how they work. If you don’t know, you’re not alone. A recent survey found that 92% of Americans can’t clearly define what exactly
What are Bonds Anyway and Do I Really Need Them?? Read More »
[social_warfare] An important relationship in your life might be one you never think about. It’s the relationship you have with your Financial Advisor. You might only see them once a year or perhaps not even that. But they are looking after your money so you should get to know them a bit more. If you
5 Questions You Must Ask Your Financial Advisor Read More »
[social_warfare] Last article, we talked about the myth of the rational investor. Somewhere along the way, we got the idea that we can repress our emotions and we would be better for it. We think that just because we experience emotions, that we are bound to make bad money decisions. But what if I told
How to be an Emotional Investor and Not Lose Your Shirt Read More »
[social_warfare] As a species, we are fascinated by living machines. We revere and fear it. Think of all of the movies and TV shows that are based upon this premise. Terminator, Star Trek, Bladerunner, A.I. We love the robot characters that look human but totally unencumbered by our pesky emotions. We want our homes to
The Myth of the Rational Investor: Taking Emotions out of Investing Read More »
