It’s time again for my monthly net worth update – The May 2007 edition. This month has shown another modest increase mostly due to savings, a small tax return, and organic gains in my RRSP account. I had a question from a reader about my last net worth statement. The reader asked how I calculated…

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I was reading a post on Get Rich Slowly the other day about a reader who lost his job and was looking for advice. Since I have experienced unemployment for a few months in 2006, here are some tips to minimize the hit on the loss of income. 1. Apply for Employment Insurance immediately This…

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I was browsing through the library the other day for some personal finance books and came by the title “Rich is a State of Mind – Building Wealth and Happiness“. The title intrigued me and since it was free, I gave it a go. Reading through the first chapter or so, I got the impression…

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This was a reader question from “Earl” as to when he should switch his retirement portfolio from mutual funds to ETF’s. Here is the question straight from the horses mouth: I currently have some registered investments that are held with Sunlife and was wanting to switch to an ETF where MER fees would be lower…

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