Storyline Investing
The point of the headline is to distinguish what kind of investor you are. Do you follow storylines as described in the media headlines, or do you rely upon numbers and data to build your wealth and achieve financial independence? Warren Buffett has made this point clearly by stating that in the short term, […]
Summer Optimism
My last email talked about how business optimism had steadily increased going into the summer and how high Global Stock Markets had risen. We have seen some choppy waters since then but hit fresh record highs in Canada and the USA this July1. Much of this momentum here in Canada is directly related to lower […]
The Power of Compound Interest
“Money makes money. And the money that money makes, makes more money.”1 This quote by Benjamin Franklin is referencing the power of compound interest. Albert Einstein extolled the wealth-building virtues of compound interest as well. He is reputed as saying he considered it to be man’s greatest invention and the eighth wonder of the world.2 […]
Protecting Your Financial Well-Being Post-Divorce
“After 38 years of marriage, I was blindsided when my husband asked me for a divorce,” says Patricia, 61. “I didn’t see it coming and was shocked at how fast and efficiently he left the life we had built together.” Like many women of Patricia’s generation, she had made the decision to stay home […]