The latest book I’m reading “One Up On Wall Street” is a great read, I’m not quite done of it yet with about 100 pages left, but it’s a great companion book to my other favorite finance book “The Wealthy Barber”.

The reason that I like it so much is that it fills in the gap in how to research a great company and gives great explanations as to what some of the confusing terms are when you’re looking at [...]

I know tax time is behind us.. but you know, I just found this blog article and decided to write about it. I haven’t written many financial posts lately and this is one that I didn’t want to leave till the last minute.

It’s really a straight forward concept, but I’ve never really thought of it this way.

If somehow you ended up saving, or have $10,000 to contribute to your RRSP – instead of taking the refund (say you’d get [...]

I knew this day would come soon, and sure enough.. today is the day. The Canadian Dollar is at par again with the US Dollar. It got pretty close back in mid-march as I posted before, but today it breached (although as of this minute it’s back up over just by a fraction of a cent).

Should be interesting to see how fast all the major companies drop their prices to reflect the difference between the US and Canadian markets.

You Can Save Some Green.. Definitely

So in part 1 of this series I wrote about basically how easy it was to open up an account with Questrade, and told you step by step on how to go about doing it. In this part, I’m going to show you how to fund your account, make it automatic and how to start buying mutual funds.. whether it be on a monthly, bi-monthly, yearly basis. I mean unless you’ve got some loose [...]

As the March 1st RRSP contribution deadline approaches, I’ve been relatively busy trying to get things in order.

I must say that Questrade has become a large reason why this is happening. I am re-discovering and really appreciating Questrades’ services lately. Firstly, I realized not that long ago that I can trade mutual funds really easily using Questrade. Second, and probably a bit more important – is that they have what they call ‘the Mutual Fund Maximizer’.

The Mutual Fund Maximizer sounds [...]

Make sure you read the whole post… found at Jason Kelly’s Blog.

look at the 3x.. now imagine 100x!!

Kelly Capital is proud to announce on Friday the 13th the world’s first pair of 100x leveraged ETFs: Kelly Daily Nasdaq 100 Bull 100x Shares (SOAR) and Kelly Daily Nasdaq 100 Bear 100x Shares (SINK). The investments seek to replicate, net of expenses, 10,000% of the daily performance of the Nasdaq 100 Index in the case of SOAR, and 10,000% of [...]

I’m becoming a library junkie, but I’m sort of proud of myself for doing so. Hell, up until a few years ago I barely read anything if it wasn’t on a glossy page with Maxim on the cover. Lately I’ve been picking up a TON of finance books and I have to be honest in saying the best one so far has still been “The Wealthy Barber” in terms of opening my eyes to how to save money and grow [...]

I posted back on August 21st that I was looking for a spot to invest my Smith Maneuver money. I think I’ve found it!

I had a few goals that I wanted to achieve with this money when invested.. and the criteria was as follows:

low-risk
low commissions
automatic deductions? Or easy to purchase
dollar cost average
ability to get out at any time

The other day I was browsing the Financial blogs which I subscribe to, and noticed that The Financial Blogger had an article back [...]

Are we heading back to better than par for the Canadian dollar?? Personally.. ya.. think so.. and I think it’s going to be there for awhile..

Here’s the latest chart chart from yesterday I have with the latest price and you can see that 1 Canadian Dollar will buy you 0.946 of a USD right now. That’s pretty good.. but I think it’s only starting.. (As of this morning October 9th.. it’s at $0.955)

One of my favorite [...]

0.4% Interest… that’s what you’ll get.. 0.4!!

How brutal is that eh? Department of Finance Canada has the report and I can’t help but think back to when the bonds were paying off a health 7% interest rate and my little $100 bonds that my parents made me buy were doubling every 7 years… good lord, at 0.4% interest.. I dont’ even want to guess at how long it would take, it’s not even worth the effort!

Well, if it makes you [...]