This week, I started to look for renting a villa in Costa Rica just to see what my life will look like in December 2016 when I will enter this country for a 3-4 months trip. I must say I was quite excited to see what I can afford! This week, I’ve covered the situation in China with my post about Leverage being just an illusion. Then, I shared how I use the 80/20 rule in all aspects of my life. I also wrote 2 stocks analysis: Can You Believe there is a 30% Rebate on …
The Pareto Principle Used at Work, at Home and on my Investing Strategy
I first discovered this principle a long time ago when I was doing my bachelor’s degree in Finance. While I spent more time playing Tetris than listening to my teachers, I remembered I stopped everything to listen to this part of the class. The Pareto Principle is named after Vilfredo Pareto, who noticed over 100 years ago that 80% of the land in Italy was owned by 20% of the population. The principle itself was not developed by Vilfredo, but was instead developed by Joseph Juran and named …
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Leveraged Money is just an Illusion
Now that the situation in Greece is put back on the oxygen mask for a while, I’ve been reading a lot about the potential contamination problems we could face with regards to Chinese market situation. If you have been following global economic news, you definitely noticed how bad the Chinese market crashed (30% within 2 weeks) after cranking up by 150%. It is fascinating how China manages its finance over the past 10 years. I mean; the country is growing at lightning speed (mind you, its …
Financial Preparation for our RV Trip
Almost every week, I’m trying to update you with what we have done so far with regards to our 12 month RV trip across Central and North America in 2016. So far, very few people around me know about my project. Besides my family and close friends, nobody is aware of what we do. I would say that half of them sometimes start their sentence with words like: If you ever go… and If you don’t chose to go… I guess it’s part of the game of doing things unconventionally; most people have a hard time …
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BoardWalk Vs Rio Can
Since the Canadian interest rate environment will continue to be as exciting as a worm race across the garden, I thought of revisiting a two very popular Canadian REITs. Boardwalk REIT (BEI.UN) RioCan REIT (REI.UN) Canadian REITs have been a strong source of steady income for investors for several years. While they don’t show spectacular stock price growth or even dividend payment growth, this asset class is still a must for all conservative and income seeking investors. For example, both …
What Happens in Greece will Stay in Greece
In today’s post, I’m not going to write a lengthy post about the recent events in Greece and speculate on what will happen next. Each day, I receive about 25 pages worth of data and analysis about what is happening in Greece and it keeps my mornings entertaining, but that’s about it. Newspapers have found their perfect story for a calm period. Since there isn’t much going on the market these days, the Grexit phenomenon arrives as a savior to generate more clicks and newspapers sales. Still, …
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