Leverage: Think of it as using "other people's money" to make money more quickly. Probably another topic that is best explained with an example. Greg has $1,000 a year to invest for 10 years. …
What is a GIC?
GIC: Guaranteed Investment Certificate. In the US these are known as CD's (Certificate of Deposit). This is pretty much as safe as you can get when it comes to investing. You buy a GIC at an …
Use our strong dollar to save on online purchases…
Our dollar has been hovering around $0.95 USD. So to figure out how much you pay for something that is listed in US funds, just divide the US price by 0.95. Now you have how much you will pay in …
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Inflate your tires properly and save $432 per year!
The EPA (Environmental Protection Agency) says that for every 2psi (pounds per square inch) of under inflation in your car's tires, you lose 1% in fuel efficiency. In a recent study (not to exacting …
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Can you Diversify too much?
This is a tricky topic to talk about. So please read the caveat at the bottom of this post! The wealthiest people in the world have, on average, made their fortunes on ONE stock... and that is …
What is "Diversification"? There is more to it than you might think!
Diversification basically means not putting all your eggs in one basket. If you hold only one stock and that company went bankrupt, then you would have lost all your money. If you hold two stocks and …
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