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 MoreFear of a False Factor is Favourable – II (Long Answer)
This is a continuation of the 4 Fs: Fear of a False Factor is Favourable but with an expansion of the main points. What is really going on? The reason that today feels as scary as 2008 is that the memory of 2008 is still fresh. But this is nothing like 2008. In 2008, credit…
Read MoreFear of a False Factor is Favourable – I (Short Answer)
“More important than predicting the future is understanding what the market thinks will happen.” – Eric Bushell Have you noticed that almost every day recently the news is about a fear of something new that will not happen? We have actually had more concerned calls than in 2008. The constant negative news makes it hard…
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 MoreSmoked by the Market, Debt Free Life, Financial Stress and More!
How to Save Money when Eating Out @ One Year Ago Was it just me that got smoked in the market today? @ Canadian Money Forum How to Manage Financial Stress @ Frugal Dad 10 Steps to a Debt Free Life @ Canajun Finances 10 Largest Drops of Dow Jones @ Sun’s Financial Diary Timing…
Read More5 Tips for Buying your Dream House in a Seller’s Market
This is a guest post by Sean Cooper. We are officially in a seller’s market in Canada’s biggest city, Toronto – with housing prices up a whopping ten per cent to $476,371 in June 2011 from just a year ago, first time home buyers are finding it increasingly difficult to afford a house. If you…
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…
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