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Month: February 2016

Setting up a Canadian Partnership Business

Setting up a Canadian Partnership Business

As an independent contractor you have the option of being a Sole Proprietor or an owner of a Partnership. A friend of mine recently became a contractor, and he had the option of registering as a business and billing as a business. My friend and I decided to do some investigation to understand how this worked and what some of the processes involved are. Sole Proprietorship First Step, you must understand the benefits of registering as a sole proprietorship. This…

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Iceland – Glacier Caves or Ice Caves

Iceland – Glacier Caves or Ice Caves

One of my reasons for visiting Iceland in the winter was to visit the beautiful Glacier Caves of Iceland. I had seen photos of the blue caves and had become fascinated. Visiting Iceland would solve two items I had really wanted to do. See the Northern Lights and Visit a Glacier Cave. I wrote a post on shelter/food and transportation in Iceland if you require some information the post is here . We had originally planned to visit the Glacier…

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Where to find events that may affect the financial markets tomorrow?

Where to find events that may affect the financial markets tomorrow?

The financial markets are affected by many different events. Events such as a Central Bank’s decision on interest rates, government releasing different type of numbers such as unemployment rate, major companies reporting earnings, events that affects large countries such as a recession in China, and events that affect specific sectors such as OPEC’s decision to cut oil supply. In addition to the specific news stories that come out throughout the day, the markets are affected by specific events. See below…

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Iceland – Mode of transportation, Shelter and Food

Iceland – Mode of transportation, Shelter and Food

I visited Iceland in 2015 with a group of friends. I wanted to visit Iceland in winter for two main reasons. One to see the Northern Lights, and the second to visit the Glacier Caves.  We were there for a week starting on February 24th 2015. I am from Canada and most of the flights to Iceland from Canada is directly to Reykjavik Airport, Iceland.  Reykjavik is the capital of Iceland and about two third of the population of Iceland…

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How to monitor your stocks while you are at work!

How to monitor your stocks while you are at work!

My job is filled with phone and in person meetings in the mornings. I don’t normally get a chance to check online till about 11 am EST. About an hour and half after the US and Canadian market opens. I am also rarely at my desk. I am more of a long term investor than a short term trader. So I don’t always need real time data during the day. I do however want to be able to receive alerts…

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My Canadian Investing Ideas for the year – 2016!

My Canadian Investing Ideas for the year – 2016!

One of my goals for this year is to make $50k in addition to my income. Having a goal is nice, but like most people if you don’t have a plan you are not going to get there. There is only two ways I believe that I can get there. Starting a company or investing. I believe I don’t have enough passion to start a company. After spending some time understanding entrepreneurs and what drives them to start companies I…

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