Wealthy people hold assets, the rest are in debt.
Know what else wealthy people do? They… Don’t own most of their net worth in real estate (e.g. their primary residence) Don’t want to be a slave to anyone or any
Ask me Anything! – Responses Part Two
You asked, and I am answering every Friday once I have enough questions! You can ask any question using the form here. I had such a great response to my Ask me Anything post that
Investing Series: You really don’t give a rat’s ass about your money, do you?
I am starting to realize that if you are a person who has…. ever randomly picked some mutual fund based on historical (past) returns haven’t looked at your return on s
Investing Series: What is the difference between weighted, listed, and effective MERs?
This is a part of the Investing Series. ————————————————- SHORT ANSWER: There is the “list” price of an MER (what the cost is), and the
Investing Series: Where I invest my money in index funds (ETFs) in Canada
This is a part of the Investing Series. ————————————————- I have almost every single penny of my investments (except for about $14,000 that is lock
Investing Series: How Capital Gains and Losses are treated in Canada
This is a part of the Investing Series. ————————————————- Before the end of the year (December 31st) if you divest (meaning “sell”) off
Investing Series: How to buy and sell ETFs on Questrade
This is a part of the Investing Series. ————————————————- WHY BOTHER SIGNING UP TO TRADE ON QUESTRADE? Because ETFs are cheaper than mutual funds,
Investing Series: Scared of investing your money and have no clue WTF you’re doing? Start here.
This is a part of the Investing Series. ————————————————- I am seeing a trend when I talk to people who are not part of our little personal finance
Investing Series: 10 Top Index-Tracking ETFs to hold in your Canadian Portfolio
This is a part of the Investing Series. ————————————————- Total credit goes to Mark of My Own Advisor who goes into detail for each index fund. He
Investing Series: The Quick Guide to an RRSP versus a TFSA – Which is better and why?
Last Updated: June 16th 2020 I am trying to figure out how to say this as plainly as possible while using layman’s terms, so bear with me! In Canada the Registered Retirement