April 2012 Spending Plan

A couple weeks ago, a reader mentioned that they would be interested in seeing what my monthly spending plan is (people freak out when I talk about the b-word, therefore, I’ll call it a SPENDING PLAN instead)! After a bit of thought, I decided it would be interesting to see how my spending compares to […]

Pay down debt vs. Invest in Savings Account

Warning! There are going to be calculations and numbers in this post! If you have $20,000 sitting in your savings account and $20,000 in credit card debt, how much money do you have? You have nothing. Zilch. Nada. Please stop deluding yourself into believing otherwise! If you have $20,000, would it be better to pay […]

Case Study 1: March 2012 Update

After spending a wonderful week on the beautiful beaches in Punta Cana, located in the Dominican Republic, it is time to get back into the swing of things! We first met our case study three months ago; you can compare this with last month’s update to see their progress. The following net worth summary is […]

See you soon!

If I were a good little blogger, I would have pre-written a couple of posts to publish automatically when I was out of the country. Obviously, if I were a good little blogger, we wouldn’t be having this conversation. In the meantime, check out some of my favourite posts that you may have missed: POT: […]

EEE! Equity ETFs Explained

I had a couple readers ask what I meant with all my lovely 3-letter Exchange Traded Funds (ETFs) from yesterday’s post. What? Haven’t I talked about it enough for you guys to know? I really do appreciate comments and questions like this as it reminded me that I have never actually explained what they actually […]

Portfolio Update – February 2012

Phew, it has been a stressful month as the price of XIC continues to climb! But you know all about that from last week’s post. So this is what my investment portfolio looks like: TFSA – Stocks (CRS, SLF), ETFs (VTI, XSB) RRSP – ETFs (XBB, XSP, XIN, VEU, VTI) Non-registered investment account – ETFs […]

I’m not Gambling. Honest!

“Be fearful when others are greedy and greedy when others are fearful.” – Warren Buffet I have been called out a couple of times in regards to gambling and trying to time the market, but hear me out! Based on my current portfolio allocation, I know I want to add XIC to my portfolio to […]

Level 1: Cash Flow

“But I’ll be too old to enjoy anything by the time I retire!” “But it’s on sale and it’s SUCH A GOOD DEAL!” “How much SHOULD I be saving?” Want to know the secret to becoming wealthy? You ready for it? Are you sure? Spend less than you make. Oooh. Ahhh. Let that sink in […]