6 things that surfing can teach you about investing and personal finance

Today I’ve got a guest post coming at you from Troy over at markethistory.org. Troy runs a small hedge fund that invests in S&P 500 ETF’s. He employs a quantitative strategy that combines fundamentals and technical factors. Feel free to follow him on twitter.

6 things that surfing can teach you about investing and personal finance

Anyone who reads my blog would know that I’m an avid surfer. I usually go 3-4 times a week in the morning, which means that I also get some really good photos at dawn.

Like investing, surfing is a rather lonely and individual activity that yields great rewards for those who know what they’re doing. Here are 6 things that surfing can teach you about investing and finances.  Read more

How am I spending my bonus?

my bonus

How am I spending my bonus?

I’ve been very fortunate in my life financially. After graduating I moved to an area that had a great demand for workers and got a much higher paying job than I would have if I stuck around in my home province. I worked hard and got promoted and was fortunate that during company restructuring I kept my job.

Then oil crashed and I managed to stay employed. Over 40,000 people lost their jobs. I was fortunate enough to just get a wage reduction.

Throughout the restructuring and the recession my coworkers and I were able to keep costs low for the company. Luckily throughout all of this cut back I was able to make up for some of my lost wages. Recently I was given my largest bonus I’ve ever received, so I’m going to splurge a little in celebration!

So what are you buying with your bonus?

Now in the past I’ve put my bonuses along with my tax returns into investments or savings. They usually come within a month of each other so I treat them the same. I don’t rely on these for anything, it’s just padding my retirement fund. This year is going to be a little different. I’m spending my bonus on two main things, splurge items and trips. Read more

Are financial advisors looking out for your best interests?

Financial advisors

Are financial advisors looking out for your best interest? The quick answer is no, but the reasons why are a little more confusing than you’d think.

Back in March you may have seen some front-page news articles stating some TD bank employees admitted to breaking the law to meet sales goals. TD of course denies that these allegations are accurate (as a company probably would until they’ve investigated further). This along with similar accounts has started a federal investigation into the major Canadian banks’ practices.

I think after seeing Wells Fargo opened 2 million fake accounts to meet sales goals last year the TD accusations aren’t a complete surprise. Sure, they’re a friendly Canadian bank and wouldn’t go to such lengths as bank fraud, right? Well let’s hope so! But they’re certainly not without their trickery. All of the major banks have a common deceiving fact about their financial advisors.  Read more

Q1 2017 Update – Starting off slow!

Q1 2017 update

As always with the first quarter of 2017 over I’ll be recapping the last 3 months. This includes how I’m doing on the goals I set for myself and any highlights or interesting things that I may have done over the last 3 months.

Personally, what has happened?

Nothing! At least nothing compared to Q4 of 2016 which was pretty packed full of trips, my sister’s wedding, birthdays, holidays and lots more.  The big events in the last 3 months were much smaller on scale. We went to see Tom Segura, who’s as funny in person as you’d expect from his Netflix specials.  Read more

3 simple financial resolutions you need to start

3 simple financial resolutions

Happy New year everyone!  

I hope 2016 was better to you than the media portrayed it to be. For the last few months of the year you’d swear nothing good happened. I think those people just didn’t have time to look at their retirement savings. The year was pretty solid overall for the markets, the Dow Jones was up 14.4% as of closing just before Christmas.

3 simple financial resolutions you need to start

Very solid year for the Dow Jones

For Canadians, the TSX composite index was up 17.8% over the same time period! So, if your investments are close or matching these indexes you’re looking at a possible 14-18% return for one year.  To put that into perspective you’ll double your portfolio in 5 years without any additional contributions! Read more

How to make money in real estate

make money in real estate





How to make money in real estate? That’s a very popular question and has tons of answers! You can literally make money with lots of different options, and each option has multiple ways to execute them. On top of that, you can apply each of those options to different areas of real estate like residential, commercial, industrial, etc. I could go on for a while with these but I won’t. Soooo see ya next week!?

NAAA! I’m just kidding…had ya for a minute though didn’t I? You thought I was going to take my dozens of blog dollars and disappear for ever didn’t you?  Actually, I’m just going to touch on a few popular options and a few lesser known options on a higher level. In a future post I’ll break each of them down in greater detail, but for now we’re just going to dip our toes in the water on how to make money in real estate.  Read more

Money tips for any age

4 of the best money tips for any age




Money tips for any age

Here are four money tips that you will either have success with, or you will regret not following. The choice is yours!

Never finance depreciating assets

If you’re borrowing money and the asset depreciates in value you’re paying much more than you think.  Debt is not a bad thing if used correctly. If you use it to purchase properties that increase in value it can be worth it. You can borrow at 3% on a mortgage and you gain 4% each year on average on that house value, your net worth will still be increasing. If you buy stocks on a margin and they gain more than the cost to service your debt, you’re still ahead.

It’s when you buy everyday products on a credit card and don’t pay it off before you incur interest when you fall behind. With a depreciating asset you’re losing money over time on owning the asset and you’re also paying interest to own it. Look at owning a new car for an example. Buying a new car at 0.9% interest is a pretty good deal as far as finance rates go, but you’ll still pay more to lose money. Buying one at 0% is even better, the car will depreciate but you won’t be on the hook for any interest.  Read more

Passive income: It’s the best income

Passive income

Passive Income is the best income

Why is passive income the best income? Well first let’s break down what passive income is.  Passive income is earnings derived from equity investments such as rental properties, dividends, enterprises, or limited partnerships that you are not directly involved with.

Basically you give someone money and they give you a small amount of money back for an indefinite amount of time. The time could be forever provided the equity in your investment doesn’t go to $0. Passive income can be derived from numerous sources, the majority of which are available to everyone with minimal efforts.

What are some common sources of passive income?

Passive income can come in many varieties. I’ll touch on a few of the most common ones Read more

5 Tips For Beginner Investors

beginner investors

5 Tips For Beginner Investors

Investing your money for the first time is a daunting task. Sure, it can sound pretty exciting; the idea of putting money away and watching it multiply over time would be appealing to anybody, and if you do everything right, that’s just what will happen. But to actually confront the strategies, challenges, and mental hurdles involved with setting up an investment portfolio is different than just imagining things going well. It takes a lot of diligent work, and to some extent there’s a leap of faith required.

But never fear. Millions before you have invested, and done so successfully. As a result there’s plenty of good advice out there for when you’re just getting started. What follows is by no means a comprehensive list, but these are five general tips that can help to get you in the proper mindset to approach your first investments.  Read more

What is the financial effect of Pokemon Go?

Pokemon Go

Pokemon Go is the most popular thing in the world.

If you haven’t heard of Pokemon Go yet than you’re probably living under a rock. So if you’re living under a rock and don’t already know; Pokemon Go is quite possibly the biggest fad? Trend? Phenomenon? I’ve seen in my life time. Definitely one of the most visual ones. Ever since it was launched I’ve been seeing articles popping up everywhere online. Then when it was launched in Canada I couldn’t avoid it.

In the last week I’ve seen hundreds of people playing Pokemon Go at all hours of the day. Everyone has seen at least several news articles on it. Most of them are about a player that had something happen to them that happens to thousands of people each day. Now because the news can relate it to Pokemon Go it’s now a “story” or hoped to be a viral piece. Right now it seems like everyone is either playing it or trying to relate their product to it for the extra publicity they’re hoping to cash in on.  I even saw a fire department put it to good use among many other great ads.
Read more

1 2