The Big Mean Banks Are Out To Take Your Money
Nov21

The Big Mean Banks Are Out To Take Your Money

News flash the big Canadian banks are retail operations and their purpose is to sell you things. Shocker! I know it’s hard to believe but just like most other retail stores, they have products to sell and sales targets to achieve. And just like other retail stores they also have managers that expect their employees to achieve these goals. Because, guess what? Those same managers also have sales targets and goals. Now that is out...

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Your Money is Your Time – Don’t Waste It
Mar12

Your Money is Your Time – Don’t Waste It

It’s possibly the worst trade you will make in your entire life, your time for money and stuff. Quick question – If you were in the possession of a resource that was very rare and had no way to replenish itself, would you trade that resource for something that was available everywhere and easy for everyone to attain? Hell NO! That sounds like a raw deal. Why would anyone trade something finite (Life – If you’re...

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Get Your Piece of “Shred Equity”
Jan25

Get Your Piece of “Shred Equity”

Would you like the chance to experience some of the finest powder in the world and own a piece of the mountain as well? Here’s your chance to be that badass ski mogul you’ve always dreamed of (pun intended). Red mountain in little Rossland B.C has started a campaign with startengine.com to gauge whether there is enough interest to offer equity to the Canadian public. So far so good – as of writing they have over...

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Hamburgers, Cars, Stocks, Retirement – Buying Low and Selling High
Aug28

Hamburgers, Cars, Stocks, Retirement – Buying Low and Selling High

What happens when there is a 20% off sale at the local electronics store? People usually get excited to buy. Right? What happens when there is a 50% off sale? Those same excited people would buy even more! So why is it so different when we look at buying and selling shares in top notch companies on our local stock exchanges? Simply, It comes down to emotion and that emotion is FEAR. Why do people sell their portfolio when the stock...

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The Crossover Point – Freedom 50 or Earlier
Nov27

The Crossover Point – Freedom 50 or Earlier

Anyone remember this? Freedom 55? Imagine visiting yourself in the future… Inspirational. But everyone knows that it is 9-5 until your 65, or better yet 9-5 until you die…. right? If you went solely by the comments on this youtube video you would definitely agree. Pan Son says “they meant freedom 2055” cheeriosinabowl – “Freedom 55 ??It’s a Myth” and paulrvass “I love this...

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The Secret Formula – Dividend Payout Ratio
Nov22

The Secret Formula – Dividend Payout Ratio

J/k there really is no secret formula but it sure makes for a more interesting headline (Click bait anyone?). So, how do you calculate the dividend payout ratio of a company? Easy, Take the current dividend payout and divide it by the current earnings per share. This will give you the Dividend Payout Ratio. Dividend per share/Earnings per share = Dividend Payout Ratio This should be fairly obvious for most people. But I will try to...

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Warren Buffett – Business Advice
Jun07

Warren Buffett – Business Advice

Some of the best business advice can be found in the annual letters written by Buffett and Charlie Munger for the shareholders of Berkshire Hathaway. These letters don’t receive nearly the attention that they deserve. The 2014 letter might be the most important of all as it is really four letters in one. The first part is the usual look at Berkshire’s performance in 2014. Second, the acknowledgement of the 50th anniversary of...

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Teaching Your Children to be Financially Responsible
Jan20

Teaching Your Children to be Financially Responsible

One of the biggest problems with personal debt is that young people are not taught the dangers of borrowing. We live in a world of instant gratification and our standard of living has increased ten fold over the last twenty years. Consider: Back in the 1950s and ’60s, people thought it was normal for a family to have one bathroom, or for two or three growing boys to share a bedroom. The average American house size has more than...

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