Today’s Stock Market Report:
Sep08

Today’s Stock Market Report:

I’m not sure where on the internet this gem came from – but if you haven’t seen it and you happen to be a personal finance geek, you gonna love it. I’ll also throw in a couple of stock market memes for good measure. Enjoy. Helium was up, feathers were down. Paper was stationery. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Cows steered into a bull market. Pencils lost a few points....

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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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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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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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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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Is it a bargain or a giant evil plot to take your money!
Jan23

Is it a bargain or a giant evil plot to take your money!

What if I were to tell you that those 50%-70% off sales are not really bargains but just a giant evil plot to separate you from your hard earned money. Well I’m here to break it to you. Those bargains are not really bargains at all. Sometimes referred to as loss leaders these sales only exist for one purpose and that is to get you primed for an endless round of mindless consumption. You HAVE been tricked. In most cases the stuff...

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