Choosing the right asset allocation is one of the most important things you’ll ever do as an investor. In this post, I'll look at what things can be classified as assets and how owning a mix of them can lower your overall investment risk. What is an Asset? An asset is defined … [Read more...] about What is Asset Allocation?
February 2015 Dividend Income / Monthly Highlights
Here is my February 2015 dividend income report. February has been a very good month and we are on our way toward meeting our annual goals of increasing our net worth to $725,000, paying down our mortgage and achieving $7,500 in dividend income . Dividend Increases I've … [Read more...] about February 2015 Dividend Income / Monthly Highlights
Net Worth Update March 2015 $695074.53 (+3.23%)
Here is my net worth update March 2015. I like to track my family's progress through monthly net worth updates. To calculate our net worth, I add up all of our household assets and subtract any outstanding liabilities (ie. debt owing). The result is simply a snapshot of what … [Read more...] about Net Worth Update March 2015 $695074.53 (+3.23%)
Become A TFSA Millionaire!
In this post I look at how anyone...that's right I said ANYONE...can become a TFSA millionaire. If you don’t know anything about investing then this post is for you. This is the time of year when everyone’s focus and attention are on their RRSP contributions so they can get a … [Read more...] about Become A TFSA Millionaire!
Tax Question
Over the past few weeks I’ve been gathering information to do my family’s income taxes. I’ve started to input the info into Turbo Tax and run some optimizing tools to make sure that we get a decent refund. My taxes were pretty straightforward and I ended up getting a refund … [Read more...] about Tax Question