After reading the Canadian Payroll Association (CPA) survey on how dismal personal savings rates are, I thought I'd write a post on the "pay yourself first" principle. First off, in case you missed it, the CPA report found that: More people are living … [Read more...] about Pay Yourself First!
The Case for Balanced Funds
For those who find the world of investing to be scary, confusing and overwhelming, balanced funds can provide a relatively stable and conservative investment choice. Investing your money can be as complicated or as simple as you want it to be. If you're the type of person who … [Read more...] about The Case for Balanced Funds
Net Worth Update September 2014 : $659,963.18 (+2.13%)
Here is my net worth update September 2014. 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 … [Read more...] about Net Worth Update September 2014 : $659,963.18 (+2.13%)
August 2014 Dividend Income / Monthly Highlights
Here is my August 2014 dividend income. August has been another strong month and we are well on our way toward meeting our annual goals of increasing our net worth to $700,000, being mortgage-free in early 2015, and hitting the $4,000 in dividends mark. This year, my family … [Read more...] about August 2014 Dividend Income / Monthly Highlights
Investing in Canada’s Energy Sector
Canadian energy stocks have been on a tear this year and it is easy to see why. Canada's energy resources are long-lived assets, while the "fracking" techniques that have captured all the publicity in the past few years mostly produce short-lived wells. You may be surprised … [Read more...] about Investing in Canada’s Energy Sector