It’s been said time and again that money is the root of all evil; many disagree and claim that it’s not money which is evil, but the love of money is. I disagree on both points. I don’t think that either money or the love of it is the root of all evil in this …
It seems crazy, but in just a few short months I will be 30 (30 is the new 20, right?!). The last decade included many of the biggest moments in my life – graduating from college, getting married, and the birth of my daughter to name just a few. But over the last 10 years, …
I was still in grade school when I was confronted with the following question; “Would you rather have a million dollars today or a penny doubled every day for 30 days?” Little did I know at the time that a penny doubled every day for 30 days amounts to more than 5 million dollars. Of …
We’re all motivated by money in some way. Whether we think it can buy happiness or we believe it’s the root of all evil, our money hang-ups – often formed in childhood – can really impact our financial lives as adults. The key is to recognize these inherent convictions and do our best to approach …
Whether actively or not, most of us invest in the stock market in some capacity. If you don’t invest yourself, your retirement account probably does. For teens, getting an early start in the stock market is the best way to ensure you retire with a lot of money. Getting started when you’re young allows you …
I am dedicated to pursue financial independence, by saving most of my paycheques and investing in income-generating assets. But there are so many different ways to invest, why did I specifically choose Dividend Growth Investing (DGI)? There’s quite a few good reasons, let me explain in details. I never have to sell One of the …
“Motivated Money” by Peter Thornhill is the book that started it all for me. Thornhill would say the book is a guideline to investing, not speculating. It was also the first time that an investing strategy really “spoke” to me in any significant manner, and my basic strategy was derived from the wisdom contained in Motivated Money. …
By the time they reach 14 or 15, kids are capable of handling more financial responsibility, but are rarely given the opportunity to do so. Teens have more expenses as they get older, but most of them don’t have a clue how to budget their money when they start earning a paycheck.The 3-category kids-money-management system …
What exactly is “Managed” money? The term “managed” money commonly refers to investment accounts that are handled by a professional money manager where the money manager makes specific investments with the intention of achieving a specifically stated investment objective, investment performance, investment strategy, or maintaining a certain asset allocation or income stream. These accounts are …
When it comes to investing, there are tons of people out there that love to give stock advice. Which stocks to buy. Which to avoid. Buy now! Sell now! You can turn on the television and hear Jim Cramer shouting about the next great stock. You can go to Seeking Alpha and find many different …