The Position of FU
Sep16

The Position of FU

Sometimes there is some deep level wisdom coming out of Hollywood and there is certainly something to be learned by this short one minute snip from the movie The Gambler. I agree 100% that the position of fuck you would be a great position to be in, but I want to clarify that it doesn’t mean that you are now free to be an asshole, it means you can better spend your fucks on things that actually matter to you. It means that you...

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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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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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