January 2008

FREE STUFF! Win “Retire Rich From Real Estate”

Posted by on January 31, 2008 in Misc.

I joked with Million Dollar Journey this week that I am stalking him with two nearly identical posts. If you didn’t win a copy of Retire Rich from Real Estate by Dr. Marc Andersen from Million Dollar Journey, here’s your 2nd chance this week. My review is found here. Contest is really simple- all you [...]

The Reluctant Entrepreneur and the World of Personal Finance

Posted by on January 31, 2008 in Uncategorized

The “reluctant entrepreneur” is the term sometimes used to describe people who have been forced to become entrepreneurs not necessarily by choice but by circumstances beyond their control. More often than not, it is entrepreneurship born out of a layoff during down-times. With no other immediate job prospects available, one sets off on their own. [...]

Book Review: Retire Rich from Real Estate

Posted by on January 30, 2008 in Resources

Hindsight, as they say, is 20/20. Thus, I found it timely that I received Dr. Marc Andersen’s book Retire Rich from Real Estate in the same week as the global markets came to the realization the American economy may, indeed, be headed for recession (if not already so) due, in part, to the bursting of [...]

Is Dividend Yield Over-rated?

Posted by on January 29, 2008 in Investment Strategy

One of the more curious aspects of dividend investing is that some investors slavishly focus on dividend yield above other indicators of a healthy dividend yielding stock. For definitional purposes, dividend yield is ratio derived from: (amount of dividend paid annually/price per share). The higher the dividend yield, the higher the dividend paid relative to [...]

How Do You Make Sure You Stick to Your Goals?

Posted by on January 28, 2008 in Resources

This post is a companion piece to my previous post on financial goal planning and, given we are coming up to the end of month, it would be an appropriate time to muse about this topic since most new year’s resolutions tend to fade after the initial euphoria. I have always felt it was easier [...]

The Business of Blogging: Back Next Week

Posted by on January 27, 2008 in Resources

I am taking a one week hiatus from the Business of Blogging series. In the next three posts, I will address the following topics: (i) to incorporate or not to incorporate? (ii) what happens after I incorporate? (iii) how much can I get if I sell my blog?  I am always looking for new topics [...]

Secrets of the Financial Industry from an Insider- Part II

Posted by on January 25, 2008 in Misc., Uncategorized

Today’s post is a continuation of a discussion Preet Banerjee and I are having about the financial industry, investing strategies and money in general. The first part can be found here. Today, we discuss working with advisors, how to sabotage your portfolio and fees (my comments are in bold and Preet’s are in italics). The [...]

Secrets of the Financial Industry from an Insider- Part I

Posted by on January 24, 2008 in Misc.

Do you ever want to know what investment advisors think about their own industry? What started out as a Q & A about Preet Banerjee’s new book RRSPs: The Definitive book on Registered Retirement Savings Plan morphed into a wide ranging discussion between Preet and myself on the financial industry, dealing with financial advisors and [...]

Random Thoughts on what I am doing in a down market

Posted by on January 22, 2008 in Misc.

Not knowing what was going to happen on Monday, on Sunday night I wrote a post about buying gold as a hedge against inflation and then Monday hit. Today, I settled on my sale of some money market funds to buy gold- am I buying it? Not on your life. Gold went up 5% this [...]

Things you should always buy on sale

Posted by on January 22, 2008 in Misc.

Last week, my luggage broke upon arrival. It had survived 3 continents and lots of trips so I am not surprised it finally broke although Air Canada probably didn’t help matters. This meant I had to go shopping for a new one and, to my utter amazement, I found a Swiss Army medium sized luggage [...]