Welcome to the recurring monthly net worth update – The September 2008 edition. Seems that lately having the word “frugal” in my handle is hypocritical.  As one of my regular readers puts it, I’ve been “spendy”.  This month, it started with the new HD TV along with cables, then of course we had to get…

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There was an interesting report by Merrill Lynch that Canada could be facing a similar real estate/financial crash that the U.S is facing right now.  The rationale being that Canadians have turned from being savers to spenders with an increasing net household deficit.  While I agree that the real estate market in Canada is due…

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I received an email from a regular reader, Nick, who had a question about how one knows if they are cut out for a career in the financial services sector. Basically, Nick was wondering if his hobby as a personal finance enthusiast could translate well into a career in the field. Here’s the question: There…

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With the coming Federal Election, there are a few buzz words going around. One of these buzz words is the Liberal party plan to introduce a carbon tax and have dubbed the plan The Green Shift. This platform has caught my attention in particular because it would provide environment reform in Canada (much needed) along…

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I received an email from a reader about whether it was a good idea to sell their non-registered portfolio to pay down debt. As always, my answer was “it depends”. It depends on the interest rate of the debt, how long the term is, the marginal tax rate of the debt holder and the capital…

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As our little one has reached the age of constantly looking for fun things to do, we’re doing our research on the “essential” toys for the baby. Judging from our friends who have been through this once or twice already, the toys below seem to be the consensus as the “must haves.” Judging from the…

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I guess I had it coming when posting about putting our child in daycare after writing about buying a new TV and new furniture. Don’t know what I’m talking about? Here’s what a reader emailed me. First off I must say I quite enjoy your pieces. I do however completely disagree with the childcare road…

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