May 2007

Saving Money- an ongoing experiment at the supermarket

Posted by on May 31, 2007 in Uncategorized

Years ago, I read or saw something that the price of goods in a supermarket depended on where the good was located- if it was at eye level, it would be more expensive than if it was on the top or bottom shelf. My recollection on this is hazy at best (comes with age, one [...]

Condos: How to Control Maintenance Fees

Posted by on May 30, 2007 in Real Estate

Savings Journey posted a series of question in Monday’s post about condo fees. In particular, he wanted to know how condo fees can get so high and what to do in order to control it (note: you can’t stop the increases, just control it). Maintenance fee price increases are especially deadly to real estate investors [...]

Investments in International Stock and Mutual Fund: Time for New Thinking?

Posted by on May 29, 2007 in Investment Products, Investment Strategy

If you ever read business and/or investment publications on-line, you are often advised to purchase some investments in international stock or mutual funds to mitigate against risk. This is considered conventional investing wisdom- spread your risk but not placing too many investments in one geographic region; if North American doesn’t do well, at least you [...]

Condos: The Cost of Maintaining my Condo

Posted by on May 28, 2007 in Real Estate

I just received notice that my condo is having its annual general meeting in two weeks’ time. As part of this notice, all condo owners have been presented with the audited statements for the last fiscal year. I bought my condo last December and one of the reasons why I purchased my particular condo was [...]

Insurance as Investment Vehicles and Tax Shelter

Posted by on May 25, 2007 in Investment Products

I attended a seminar last week aimed at credit-proofing and tax savings for self-employed individuals. One of the presentation’s themes is the insurance industry increasing pitching insurance as an investment product. In particular, the presentation addressed universal life insurance as a tax sheltered investment product (Million Dollar Journey has an article about segregated funds which [...]

Building a Finance Company- how much to invest?

Posted by on May 24, 2007 in Uncategorized

(this post is in the continuing series about building a financing company that I am the President of) One of the issues that any investment company faces is how much money do we invest? For every dollar invested, some of it has to be factored in for overhead, salaries and other fixed expenses. Once those [...]

Time to Play Defense

Posted by on May 23, 2007 in Investment Strategy, Misc.

One of my favourite sayings in life is: “offense wins games but defense wins championships” (yes, I am a sports nut) and its really time to play some defense. I made my last trade for the foreseeable future today by buying shares in RBC. See my previous posts for reasons why with one addition; I [...]

What Pension Funds do with their money: Lessons for us?

Posted by on May 22, 2007 in Investment Strategy

Many financial blogs have written about piggy-backing on what mutual funds buys in order to invest wisely and to profit from free financial advice (please see Investoid’s post and NonyMous’ post as two excellent examples on this topic). Last week, the Globe and Mail published an article on the limitations of this strategy; I agree [...]

Technology stocks, online advertising companies and me

Posted by on May 22, 2007 in Investment Strategy

Microsoft announced last Friday it was acquiring AQuantive Inc., a company which buys, sells and creates online advertising for websites. This acquisition may be in response to Google purchasing DoubleClick Inc., another online advertising company, for $3.1 billion! Let’s not forgot Google purchasing YouTube as well. Combine that with the purchase of 24/7 Real Media [...]

The Investment Advisor Quote Machine

Posted by on May 18, 2007 in Misc.

As usual, I am ending the end of the week with something fun- here are the craziest things investment adviors have ever said to me (fortunately, not mine): “I only disseminate information; please don’t ask me anything too technical.” “Why would you need to see any documents? Everyone is buying it.” “Headquarters says to push [...]