Welcome to the traditional monthly net worth update – The June 2008 edition. I keep writing these updates to give myself a little heads up on how the finances are doing and it seems that most readers find them enjoyable also. Lets start off with our income and expenses. Even with our reduced income due…

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Time again for the monthly Smith Manoeuvre Portfolio update, June 2008 edition. For those of you just joining us, The Smith Manoeuvre is a Canadian wealth strategy that utilizes a home equity loan to invest in income producing assets. The result is a tax deductible loan and portfolio that increases as you pay down your…

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Some great articles by The Money Writers this week: The Digerati Life has written another great article that explains the ups and downs of the stock market in “A Stock Market Reality Check: What Investment Risk Actually Looks Like.” It shows that historically, down periods are followed by much higher markets. My Dollar Plan lists…

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This is a guest post series by Brian Poncelet who is an independent certified financial planner (CFP) working in the financial services industry since 1994. Along with insurance, Brian Poncelet focuses on mortgage and retirement planning. The justification for the purchase of insurance is endless but in general, insurance is typically purchased to alleviate the…

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The Suns Financial Diary posted this question for his readers and I thought that I would ask the same question to my readers. For those of you with discount brokerage accounts, which one is your favorite? Or, if you only have one, who do you hold your account with and why? I personally have multiple…

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A reader asked about the Horizons Betapro (leveraged) ETFs in a comment thread and I thought that it would make an interesting post as these ETFs have huge return and loss potential. What are the Horizons Betapro ETFs? They are ETF’s that double the exposure of the underlying index via built-in leveraging. Double the exposure…

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Bryan is a young, well paid, high tech worker from Ottawa. He is looking to start trading stocks but first needs some questions answered. I have a question for you regarding online brokerage services. I’ve read your posts about Questrade and how you use them, and I think that I understand the concept. With a…

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