A few weeks ago, the news was suddenly filled with stories about “meme stocks,” in particular the US video game retailer GameStop Corp (GME). Followers of the Reddit community Wall Street Bets began buying up GME, causing a huge runup in the price, at least...
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Estate planning has to do with more than just your will. There is a lot that fits in between good, healthy life and death. Once we reach mature adulthood, we might even think of the remainder of our lives as a long slow glide toward...
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On February 4, 2021, Rob Carrick, the well-known personal finance columnist at The Globe and Mail, published an article entitled, “Why Canadian investors should stop buying U.S.-listed ETFs.” I tend to agree with Carrick on this point, but his argument is boiled down to two...
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A few years ago, a 30-ish man moved into a house across the street from us. Shortly after, we saw a large bin placed in the driveway and, based on the debris going in, it soon began to look like a good section of the...
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Beginning in the 1970s, my father got involved in investing in real estate in British Columbia’s Fraser Valley, mostly in Chilliwack, where I grew up. My wife and I owned our own home in Chilliwack from 1996 to 2003. We lived in it for all...
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You are careful with your money. You have made it a general rule to avoid debt – except for the mortgage on your home – in order to force yourself to live within your means. Well, you do use a credit card, but you have...
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There are two striking things about the returns of investment markets over the last decade or so. One is the consistently steady performance of the US stock market. Although not necessarily the top performing market every year, the US stock market has done very well...
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At the end of 2020, the fathers of two friends and an uncle of mine died. For none of them was death unexpected. Two were over 100 and the other was 90. Even when death is expected, though, the loss of a loved one brings...
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Year-end lists are ubiquitous but that does not mean they are not useful. If you think you need to do something about your finances before the end of the year but aren’t sure what, maybe something on this list will be of help. Contribute to Your...
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We have probably all heard the stories of big-name stars or athletes who, having earned millions during their careers, suddenly made the news because they had to declare bankruptcy. For example, Nicolas Cage who had reportedly built a fortune of more than $100 million over...
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