Buying Individual Stocks: The Sucker at the Poker Table

Buying Individual Stocks: The Sucker at the Poker Table

In the film Rounders, Matt Damon’s character, Mike McDermott, is quoted: “Listen, here’s the thing. If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker.”   If you're an amateur do-it-yourself investor buying stocks on your own, consider yourself the sucker. Read about why you should just walk away from the table instead of trying your luck against the professionals. 

5 Keys to Getting FIRE'd

5 Keys to Getting FIRE'd

The phrase "Financial Independence" has been gaining popularity as it does not carry the same baggage as the word "Retirement". Financial Independence gives you the freedom to choose how your time is spent (paid or not) and for some, can be reached in their 30s and 40s. Review these 5 factors to achieving FIRE.

Post-Secondary Study: Home or Away?

Post-Secondary Study: Home or Away?

Being a father of three young children, the topic of education costs particularly resonates with me as I start considering where we'll be financially in about 10 short years (gulp!).  Many clients list "sending their kids to university/college" as an important financial goal and make it a priority to save for this milestone event. This post crunches the numbers on a few 'home or away' scenarios for my kids 10 years from now. 

Worst Investment Advice Ever

Worst Investment Advice Ever

What is the worst investment advice you've ever received? I'm sure all of us have encountered an extremely confident person offering up advice on how successful they are at investing and making recommendations on what you should put your money in. Here's a short story about a conversation I had this past week.....