I entered into a stock picking contest with some other bloggers – who shall rue the day they decided to do battle with Four Pillars! Traditionally, the only way to do well with stock picking contests is to swing for the fences and hope for the best. With that in mind I picked 4 small [...]
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I’m competing in today’s March Madness bracket over at Free Money Finance. This is a big competition which results in money being donated to the winner’s charity – I choose the American diabetes association (it had to be an American charity). If you want to vote then go over and leave a comment with “trust” [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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There are a number of behaviours which are universally despised, yet often creep up as a scummy way to get a good deal out of someone. When an offer is made and accepted, to then take back your offer and try to get a better deal is a very low move. If you’re haggling in [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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I’m competing in today’s March Madness bracket over at Free Money Finance. This is a big competition which results in money being donated to the winner’s charity – I choose the American diabetes association (it had to be an American charity). If you want to vote then go over and leave a comment with “trust” [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.
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I read a couple of interesting articles recently over at the Simple Dollar – the first article was about a recent car purchase, a pretty good analysis of why they ended up buying the car they did. This post had a lot of comments that were critical of the fact that he bought the car [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.
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Busy times – I hosted the carnival of personal finance on Monday which contained 98 entries. The theme was learn the basics of investing. And the funny thing is that I’m hosting it again – 2 weeks later on my other blog – the ABCs of Investing. If you are a blogger then make sure [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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My favourite Jerry Seinfeld joke is: “According to most studies, people’s number one fear is public speaking. Number two is death. Death is number two. Does that sound right? This means to the average person, if you go to a funeral, you’re better off in the casket than doing the eulogy.” Like most people, I [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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One of the prevailing wisdoms floating around the internet is that your best value when buying a car is to get one that is only 2 or 3 years old. The idea is that you avoid some of the heaviest depreciation years in the beginning but the car should still have a number of good [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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Typically condos are made to be fairly luxurious accommodations. As well as trendy features like granite counters and spa washrooms, they’ll sometimes have concierges and martini bars. Each of these features has a cost, which gets passed along to the condo owners, typically as a high monthly condo fee. As an alternative, this idea is [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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Learning about investing and money management is the key to handling your own money. Whether it’s buying mutual funds or individual stocks or just keeping track of your bank accounts. YOU have to know what is going on and YOU have to take responsibility for everything that happens to you financially. This carnival’s theme is [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.
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I’m competing in a blogger competition and I need your vote! Head on over to Free Money Finance and leave a comment with the word “trust”. The winner of the competition gets $500 donated to their favourite charity. I picked the American Diabetes Association. I would have picked the Canuck one but it had to [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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There’s a saying that when the economy turns bad, techies go to grad school which has definitely been true for me. After the dot-com boom ended in flames, I headed back to school for my Masters, and by coincidence, soon after I started my PhD things turned south. It worked out just about perfectly for [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.
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Last week the Toronto Star broke the shocking news that Derek Foster had sold all his equity positions and was sitting in cash as of Feb, 2009. Currently he is selling put options on various stocks to make some money – a strategy he proposed in his third book Money for Nothing. For those who [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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Notaries are used to authenticate documents, providing additional weight that they mean what they say they do (and are between the people they’re supposedly between). I had this idea back during the dot-com era, and the core of it is that you build a company who’s primary purpose is to authenticate that documents were created [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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Million Dollar Journey discusses the bailout in The Great Homeowner Bailout. Preet tells us to look at Sales Incentives for Financial Planners and Insurance Salespeople. Financial Blogger talks about how Being Your Own boss is So Exciting. The Oblivious Investor explains Why the Stock Market is Unpredictable. Money Ning gives us 7 Money Saving Tips [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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A great way to invest is to make regular investments. Million Dollar Journey recently outlined 4 ways to invest small amounts of money each month, all of which are solid and worth considering. I agree with his 1% rule (the trading commission should never exceed 1% of the value of the trade), which can make [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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One of the highlights of President Obama’s recently signed American Economic Recovery and Reinvestment Act was the announcement of a $250 stimulus payment to individuals who currently receive Supplemental Security Income (SSI), Social Security benefits, Veterans benefits or Railroad Retirement benefits. Will Social Security Payments Be Paid If United States Defaults On Debt? Update -Will [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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Rent-to-own (also known as lease-option) is a popular real estate strategy in the US and has been making its way into Canada in “get-rich-quick through real estate” circles. This agreement, between a landlord and tenant, involves the landlord selling the tenant the OPTION to buy the property at a fixed price at some point in [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.
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The hosting problems we’ve been having lately are finally over – I’ve moved the blog from Dreamhost to Media Temple. I don’t normally blog about bloggy stuff but I know there are a lot of bloggers who read this site who might find this interesting. First of all I’d like to thank everyone who helped [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
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No sooner had I labeled the head of the CAW as a dreamer for thinking that he could reach a deal with GM that didn’t involve some sort of wage and pension reductions, then lo and behold – that’s exactly what he did. [edit] Apparently the original story was wrong and the union did give [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans
Everything you need to know about RESPs.
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