For many, 2018 will be the year of the crash. Those Black Swan Fans have been praying for this over the past 3 to 4 years. They have been sitting on the sideline for so many years that they don’t even look at how much they have lost by not investing. In fact, it’s probably too late for them anyway. Even if the stock market crashes in 2008, it will only get back to the 2013 to 2014 level! Both for those like me who stayed the course of their investing strategy throughout the years, is there …
Don’t Speculate and Wait for the Facts
Sometimes it will be too late, but better be late than sorry… Last week, I experienced another premiere as a financial author; I got my first live interview on a Cheddar TV, a live streaming financial news network. All I can say is wow… this moves fast! I recently started to do live webinars (you can register to my newsletter if you want to know when I do them), but being interviewed is a whole different ball game. The difference? You don’t control where the discussion goes. At least, not when …
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What is the Importance of Past Data in Your Investment Process?
On Tuesday, I explained how I intend to grow a 192K portfolio into 1 million before I retire. After over a decade spent in working, researching and investing in the stock market, I feel well confident that I can make it happen. A fellow blogger, Dividend Geek, pointed out a very interesting question: How we use past data to predict future (without taking into account macroeconomic trend, e.g. AMZN) baffles me. While we picking dividend growers, are we not again relying on past data? Past …
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Growing 192K to $1M; This is How a Former Private Banker Does It
Summary #1 At the age of 36, I have $192,430 invested for my retirement. #2 I plan to reach the iconic million dollar value by the age of 59. #3 This article is not about more raw calculation numbers, you can do that. #4 This article is about how I will manage my assets to get there while sleeping at night. *you might want to print or bookmark this article as it is over 2,700 words of wisdom ;-) If you have been following me for a few months, you already know that I quit my job this …
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Three Key Questions You Must Ask Yourself Before Purchasing A Dividend Stock
Note this is a guest post from Dan at Stocktrades.ca. Dan is an active Canadian dividend growth investor with whom I share many investing similarities. Hope you enjoy! -Mike Dividend investing isn't exactly the risky business that growth investing is. That being said, a lot of people have the misconception that dividend investing is a bullet-proof route. Although excellent income stocks tend to be resilient during adverse market conditions and often survive the lows of a bear market, you …
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How to start an education fund for your kids
How can I pay for my children’s tuition fee? This is a question we often ask ourselves when we see our kids blowing their candles on their 16th birthday (like it or not, they will still accept candles if they get a bigger piece of the cake!). At that point, it is sometimes too late to think about funding their education. Hopefully you read this article before it happens. I’m going to do a brief review of how to start saving for your child’s education and I will quickly jump to what is of …
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