Investing

What are the 3 common investing myths? Do you succumb to these myths or chart your own investing path? Don't let these investing myths prevent you from investing successfully.

1. Investing on your own is very risky.
False! Investing on your own is only risky if you don't know what your are doing. Investing is only risky if you are speculating. My value investing approach is simple, easy to implement, and requires you to take on very little risk. I can show you how to reduce all of the 6 major …

Yes, you can buy individual stocks within your RRSP. Take advantage of the benefits of having an RRSP, and any employer matching contributions while taking charge of your own retirement money. Plus you can avoid the high fees mutual funds typically charge.

A Registered Retirement Savings Plan (RRSP) is an account that provides tax benefits for saving for retirement in Canada. Any money that you put into your RRSP reduces your taxable income by the same amount; therefore your income taxes will b…

The beginning of the new year is a great time to plan for the future. Plan on how you will be able to earn more passive income this year than last year. Here are 3 tips to help you earn more:

1. Remain Focused Ignore all the media noise about debt, high unemployment, and downturns. Do not jump from one strategy to the next. Stay focused on investing in quality dividend paying companies when they are undervalued (priced low).

2. Patience Investing requires patience, in the short term stock pric…

“The secret to successful investing can be reduced to two simple words: know value.”  

These famous words were uttered by Arnold Bernhard more than 25 years ago. Here is an excerpt from the December 2011 edition of Investment Quality Trends (p. 10):

My friend Dr. Mark Skousen recently presented me with a copy of The Maxims of Wall Street, his collection of “old Wall Street chestnuts, proverbs, slogans, poems, and aphorisms, drawing from experiences in the marketplace and reading dozens of book…

A recent study* showed that “earning more” is at the top of most people’s mind when it comes to making new year resolutions. Earning more than last year is a good goal to have, but how do you achieve it? Education is the key, the right knowledge will help you make wise investment decisions which will lead to more money. But first, why is this goal important to most people? What do all these things have in common?

• donating to charity
• spending more time with family and friends
• going on vacati…

Someone recently asked me regarding my stock portfolio, about how I felt regarding the latest fears about Greece, the Euro, higher banking fees, and higher consumer debt, “How do you sleep at night, knowing that all your money is in stocks?”

I sleep very well, because I ignore the media noise. There is just too much chatter about economic doom and gloom on the internet, radio, and television. Reality and what the media portrays are two different things. The media is focused on selling advertisi…

Ever since the whole idea of “Efficient Market Theory” came into vogue on the investing scene academics and several “experts” have been touting the advantage of index investing.  For those of you that aren’t sure of exactly what index investing entails, it is basically a very low-maintenance strategy to guarantee your investments will return the exact average of the overall market. 

An index of a specific market (you can buy them for just the USA stock market, the Canadian stock market, or the …

I didn’t used to invest on my own. For years I left my hard-earned money to the “professionals” to invest on my behalf. For years I bought mutual funds thinking that was the only way to invest and that’s what I was supposed to do.

Here’s my story on how I went from being dependant on others to being independent, from losing money to making money. I bought my first term deposit (GIC, Guaranteed Investment Certificate) in 1988. Interest rates went higher after that so I could have made more money…

Do you have what it takes to be a successful investor?

Here are the three must have attributes of a successful investor, patience, optimism, and education. Without these three attributes you are doomed to failure.

1. Patience
In the short-term stock prices go up and down. In the long-term stocks prices rise and dividends increase. Recessions come and go, nothing lasts forever. We may have a small down turn in the economy that last a few months to a recession that could last a year or two.

As …

Recently the stock market has been on a roller coaster ride, the markets go down, up and then down again. Should you buy/sell your investments (stocks, mutual funds, ETFs, bonds) or panic? Don’t panic! In the short-term markets fluctuate, this is normal.

Here what you should do…. Don’t panic, it’s not the end of the world, though the news media may want you to think otherwise. Remember bad news sells more papers, and increases TV news ratings. The news media lives off of advertising (radio, tv,…