Using Financial Advisors: A Cautionary Tale
This article is a cautionary tale of what can happen when you turn over full discretion to a ‘Financial Advisor’ and you pay minimal attention to what is going on. Continue reading...
Staying Motivated on the Journey to Financial Freedom
This post is a follow up to my recent Tips On Your Journey To Financial Freedom article. Unless you come into sudden wealth (eg. inheritance, lottery winnings), the journey will likely be lengthy and the manner in which you acquire your wealth may be varied. Not only will the manner in which you acquire your [...]
FFJ Portfolio – December 2017 Dividend Income Report
As at December 31, 2017, the market value of all holdings within the FFJ Portfolio exceeded the book value by ~CDN$66,000 and ~USD$136,000. I, however, pay very little attention to the positive variance as I have no intention of selling any holdings. […]
Tips On Your Journey To Financial Freedom
If one of your burning desires is to achieve financial freedom you: may have spent considerable time researching how you can reach this stage in life in the shortest period of time; may just be beginning your research on this subject matter. I don’t think there is any one right way of doing things. Everyone’s [...]
Should You Invest When the Market Appears to be Overvalued?
In this post I put forth my reasons why investors should tune out the noise and continue to invest despite current market conditions. This does not mean I advocate investing in anything and everything and at any price. That would just not be prudent! What I suggest is that investors do their homework, remain disciplined, [...]
Chasing Yield is Fraught with Risk
It is easy to see why some investors may be lured to invest in high dividend yield companies. Chasing yield, however, is fraught with risk. The vast majority of high yield stocks bear above average risk and should be avoided. Continue reading...
12 Lessons I Learned From Black Monday
Some of you experienced the bursting of the dot.com bubble and some may have experienced déjà vu when the Financial Crisis hit. How many of you, however, remember being an equity investor on Black Monday (October 19th, 1987) when the Dow Jones Industrial Average caught everyone by surprise and plunged 22.6% in one day!? Continue [...]
How Do You Know When Is The Right Time to Retire?
In May 2016 I retired at age 56 after having worked for roughly 34 years. Based on my personal experience and experiences shared with me by other retirees, there are several things you must consider before 'stepping away'. Continue reading...
The RRSP Retirement Account Meltdown Strategy
This post appeared as a guest post at Sure Dividend on October 7th, 2017. Recently I discussed my wife’s and my journey to financial freedom. I explained that we had diligently saved and invested in an effort to step away from the “rat race” earlier than most people. In my recent Brookfield Asset Management – [...]
My Recent Article Posted on the Sure Dividend Blog
This is Thanksgiving weekend in Canada so I am somewhat pre-occupied with activities which have relegated work on my blog to the back burner. As a result, I only have one article for your reading pleasure which was recently posted on the Sure Dividend blog. Continue reading...