For those of you just joining us, below is my portfolio that is leveraged with money borrowed from my home equity line of credit (HELOC). As the money borrowed is used to invest, the interest charged is tax deductible. I write an update every so often to show new positions added along with any market…

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Ultrashort term bond funds (not to be confused with shorting) are mutual funds that include government bonds, corporate bonds, and mortgage-backed securities. As seen before, bonds offer fixed income with maturities varying from a few months to several years. The ultrashort bonds have short maturity periods ranging from a few months to a year, thereby…

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During my net worth updates, one question that often comes along is why I hold so much cash.  I believe the rationale behind the question is that  under normal circumstances, cash could be put to work and grow instead of sitting in a “high” interest rate savings account that barely keeps up with inflation.  I…

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According to the CRA, someone who runs a business, be it a sole proprietorship or partnership, is classified as a self-employed person. Since January 2011, self-employed Canadians can register for Employment Insurance special benefits including maternity, parental, and sickness benefits. This post will look at some key items that would be useful for self-employed people.…

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Defined benefit pensions (DB) – call them what you want: pyramid schemes or retirement safe haven. Some are skeptical of their long-term sustainability, while others are thankful to have an employer that offers one. With tough economic times upon us, it’s not uncommon for large multinational firms like General Motors or Canadian Pacific Railway to have…

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