Archive for August 2011
Net Worth Update August 2011 (-0.92%) – Market Correction Edition
Welcome to the Million Dollar Journey August 2011 Net Worth Update – Market Correction Edition. For those of you new to Million Dollar Journey, a monthly net worth update is typically posted near the end of the month (or beginning of the next) to track the progress of my journey to one million in net…
Read MoreA Primer on Futures Contracts – II
In the last post, we looked at the fundamentals of futures contracts. This week, we will conclude by looking at a few more interesting aspects of futures contracts. Variations between Stocks and Futures In the stock market, the holder of a security may witness many days of paper gains and paper losses during their holding…
Read MoreA Primer on Futures Contracts – I
A futures contract is a derivative instrument (i.e., an instrument whose price is based on the price of an underlying financial security) contract in which two parties consent to trade a financial security or physical commodity for future delivery at a stipulated price. In other words, the buyer of a futures contract agrees to purchase…
Read MoreTop 5 Pension Myths
This is a column by Sean Cooper. With uncertain economic times upon us, pensions have been a hot button issue as of late. One of the major issues in this past federal election was pension reform. The federal government isn’t alone; a number of provinces have reformed their pension legislation, such as Manitoba. Pensions are…
Read MorePOLL: Market Correction – Are You Buying, Selling, or Holding?
With the current market correction and extreme market volatility, i’m curious as to what the readers are doing with their money. The market has a way of bringing out the true risk profiles of investors. If this correction is making you queasy, then it is likely that your equity exposure may be a bit too…
Read MoreCovered Call ETF Flaws
This article is a guest post from Intelligent Speculator’s new site: Covered Call ETFs. The website covers everything you need to know about Covered Call ETFs. There is no doubt that Covered Call ETFs have their flaws but the only reason why we would dedicate an entire niche website to the product is because we…
Read MoreTop US Dollar Credit Cards in Canada
One of the hot topics in Canadian financial landscape is the strong Canadian dollar and the deals that we can obtain from the U.S. I’ve written about USD Chequing accounts, how to save money during foreign currency exchange and even the process of buying a car from the U.S. When I shop in USD, despite…
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