There was a good article over at The Globe and Mail that covered the problem with procrastination quite well. It gave an example of two investors, who contributed money to their investments at different stages of their lives. It is a classic example when investors talk about the time value of money simply because the outcome is so clear. Here is what the article said: Consider the story of two investors. Ernest has always been a "do-it-now" kind of person. He decided to start saving for …
International Equities – Asset Allocation
As I have talked about many times before on this blog, I try to structure my investments so that I am diversified across US, Canadian, and International equities. The purpose of doing this is to ensure that I remain exposed to different markets across the world as theoretically, some markets will be heading up while others will be heading down. That is the theory anyway. In recent years, it seems that these markets as a whole have been moving up and down in step. I am not sure what to make …
Continue Reading about International Equities – Asset Allocation
Slaughter in the Canadian Markets
You can't have an investing blog in Canada and not write about the blow up that occurred today in our markets as a result of the income trust policy change the federal government enacted. In essence, they have change the tax rules on trusts and the ability to reduce the amount of tax a corporation by converting to a trust. To sum up: Income trust investors suffered more than $20-billion in paper losses on their portfolios as some of Canada's best-known companies — from telecom giants BCE …
Writing Down Your Financial Goals
J.D. over at Get Rich Slowly wrote an interesting piece about setting up financial goals. In it he covers long, intermediate, and short term goals. He quotes: Many people make poor financial decisions because they don’t have long-term personal goals. If you don’t understand that buying a new cell phone or playing a game of poker takes money from a larger goal — a new home, a new car, a vacation to Europe — then there’s no incentive not to use the money for whatever seems fun at …
25 Rules to Grow Rich By
Money Magazine has recently published a list of 25 things that they claim will make you rich. Although I think that this title is total fluff - stuff that catches a readers attention to get them to buy the magazine - as it covers things like never hiring a roofer who is going door-to-door. Sure that is an important in terms of ensuring you don't get ripped off, it certainly won't make you rich. That being said, I went through the list and have highlighted the ones below that I think are …
The Four Important Dates for a Dividend Investor
There are four important dates that a dividend investor must keep in mind when investing in dividend paying stocks such as Bank of America or Pfizer. These dates tell the investor such things as when dividends will be declared and when the dividends will actually show up in your account. Knowing when the cash will be in your account is very valuable, especially for those people who are living off of their dividend income. The four dates to consider are: 1. Declaration date: The date on …
Continue Reading about The Four Important Dates for a Dividend Investor
