Coincidentally, I was talking to the portfolio manager of our index funds today and part of the conversation was surrounding tracking error and the use of ADRs and GDRs. In a post from last week I had …
Leverage Part 2: The Dark Side!
So now that you are all hot and bothered about getting an investment loan (aka leverage), let me take you down a notch! (Trust me, it's for your own good...) :) Okay, so let's now say that Greg, who …
Leverage Part 1: What is Leverage?
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. …
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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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 a "Line of Credit"?
A Line of Credit is basically like a credit card in that you apply to have the ability to borrow money whenever you want and have a set limit that you are authorized to use (let's use $10,000 as an …