In the last couple of years, there has been a group of people enthralled in the F.I.R.E. movement. I can see why many think that F.I.R.E. (Financial Independence, Retire Early) is a perfect life. Almost every personal finance site you go to will mention all the perks and joys of early retirement. I think most... Continue Reading →
A while back we talked about the 5 big mistakes to avoid during retirement. This week we want to focus on financial mistakes to avoid when you're younger. A lot of time younger people downplay financial decisions because "retirement is still so far away". However, the financial decisions that we make now can have an... Continue Reading →
In last weeks blog post we talked about a technical concept called "Upside/Downside capture" (If you haven't read that yet click here). In order for a portfolio to have good upside and downside capture, there needs to be proper diversification. What is diversification? Diversification is a way of systematically spreading your investment assets around so... Continue Reading →
In the world that we live in today, most people will carry debt at some point. Being approved for and paying for debt becomes a lot easier and more affordable with a high credit score (read about why your credit score matters). However, when someone doesn't have a good credit score, being approved for a... Continue Reading →
The American Social Security system has been under a lot of scrutiny lately, many questioning its sustainability. With the potential downfall of American social security, we thought it would be interesting to take a look at the current status of the Canadian government benefit system. The main government benefit in Canada is the Canadian Pension... Continue Reading →
Retirement is the stage of life you leave work priorities behind and partake in the things you enjoy most. However, financial stress can place a large roadblock in many retirement plans. To help you get the most out of your golden years, we have outlined some of the financial mistakes we believe are crucial to... Continue Reading →
What is a credit score? A credit score is a number that reflects your credit risk level ranging from 300-850. The higher the number the lower the risk you are to a potential lender. The higher a persons credit score is, the more likely they are to secure some form of a loan with favorable... Continue Reading →
As some of you may have noticed, we took a short break from our weekly blog for the warm summer months. We are now back to business as usual and will be posting regularly. Picking up where we left off, we previously released a couple posts shedding light on the crippling effect of the Canadian... Continue Reading →
Last week we talked about credit-card/consumer debt, and how those debt figures seem to be trending higher year after year (click here to read that post). This week, we want to look at another contributor to increasing debt figures. Since 2012, the number of outstanding auto-loans is up by 57%. GDP growth over that period... Continue Reading →
