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Category: Personal Finance

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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“The 20-minute financial expert” – Article Review

“The 20-minute financial expert” – Article Review

I read an interesting article. Here are my thoughts on it. Source/Issue: “The 20-minute financial expert” , (MoneySense , www.canadianbusiness.com ) Written by: By Ian McGugan and Duncan Hood Key points from the Article: 1. This article attempts to give the reader a good basis on personal finance related topics such as how to save, smart ways to invest, tax tips, how to use leverage for benefit, insurance, will , how to find a financial adviser, and how to retire….

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TFSA – Tax Free Savings Account

TFSA – Tax Free Savings Account

I am a big promoter of Tax Free Savings Accounts ( TFSAs). In Canada anyone with a valid social insurance number ( SIN), who is older than 18 in most provinces and 19 in some can contribute to a TFSA. The great thing about TFSA is that it doesn’t just have to be a savings account. You can have a self – directed TFSA and can buy shares, bonds, units of mutual funds etc … Remember any income you earn…

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