We need more people like Gremel
Aug17

We need more people like Gremel

This is a good example of the power of compound interest over a long period of time. The fact that you can turn $1,000 into 2 million is – Mind blowing. I’m almost certain at the age of 98 you have just about zero fucks left to give and that totally explains why buying a fancy house and multiple cars would not be be something that Mr. Gremel would be interested in. And if he ever was interested, he would have bought these...

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Read books? The internet says you don’t.
Aug16

Read books? The internet says you don’t.

Even though I would rather read a book (Ha!) than spend my time on social media, I consider it my duty to call out bullshit when I see it. This old but new again internet info-graphic is making its rounds on FB. And it contains some statistics that are extremely unpleasant specifically to a guy that likes to read books. The title is “Surprising Book Facts” and the only thing that I find surprising is that people believe...

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Look at this Glass!
Aug15

Look at this Glass!

The one thing that we can control is how we react to any given situation. One of the ways that I like to think about it is the “Glass half empty” with a twist. Take a look at the glass below is it half full or half empty? Well you already know this one – pessimists say it’s half empty and optimists say it’s half full. But I say who gives a shit about how much water is in the glass – LOOK at the...

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DRIP – Not your kitchen Sink
Aug14

DRIP – Not your kitchen Sink

My kitchen sink is currently dripping like a cold wet winter in Vancouver. But don’t worry I’m off to fix it as soon as I’m done writing this out for you. On to the meat – DRIP (Dividend Reinvestment Plan) It’s just a nice way of saying that any dividend payments (your money) that you receive from an individual stock or ETF will automatically go towards purchasing more shares/units of the same. That means...

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Nihahi Creek Trail – Hiking Kananaskis
Aug13

Nihahi Creek Trail – Hiking Kananaskis

Nihahi, Nahahi, Nahali, Tahini or whatever you want to call it (I lost the bet by the way), is one of the most interesting hikes in Kananaskis. This is one that you will remember for sure. This is a 13.2K out and back hike but according to my GPS it was 14.66 but we included many side detours, ridge hikes and we rarely hiked in a straight line. Our total hike time with 2 kids aged 4 & 7 was 5 housr and 35 minutes with an elevation...

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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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OMY Syndrome & Early Retirement
Feb06

OMY Syndrome & Early Retirement

Despite the weighty title that this study carries “Optimum Strategies for Creativity and Longevity”, it is worth reading again and again. The work of Dr. Sing Lin makes a great case against OMY (If I work One More Year it will be all good) syndrome and makes a fairly strong case for early retirement. According to Dr. Lin, pension funds in many large American corporations (e.g., Boeing, Lockheed Martin, AT&T, Lucent Technologies,...

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