Alright well last poll ended with more than 1/3 of the people saying I should pay off my car. I listened, and I did it.
I’m officially debt-free!
New poll! I’m getting my passport soon, and I’ve always contemplated living in another country.
Again, my reasoning behind the choices:
- Stay in Canada: Pretty straight forward, I already live here, I have everything (job, doctors, my pets, etc.). Not much of a challenge, I see it more as the “comfortable” choice.
- Central/South America: Cheap cost of living, would allow me to trade and live comfortably as long as I have a big financial cushion.
- UK (most likely London): I love the UK culture, but the cost of living… Read More…
Wow, it’s been a while. Sorry about that, I’m gonna use the same old excuse but I’ve been busy with personal and professional events. But I felt I needed to post this today.
Tomorrow, Wednesday April 27th is probably the worst time to trade. Why? Three major events will impact any USD pair:
- US FOMC Statement @ around 17:00 GMT (12:00 GMT -5 Eastern Time, New York)
- US Federal Funds Rate also @ around 17:00 GMT (12:00 GMT -5 Eastern Time, New York)
- Followed by US FOMC Press Conference @ around 19:00 GMT (14:00 GMT -5 Eastern Time, New York)
Trading under these conditions is a financial suicide. Expect your Stop-Loss to be hit, spikes on both sides.… Read More…
I’ve always told everyone that in order to make money you need to be able to save money. Well even though I have recently moved and had a few expenses, I managed to save up $5000, most of it coming from my Telus Shares, and I’m looking for ideas on how to spend it.
All of them have a reasoning behind it:
1. Pay off my car: This is pretty much the only “debt” remaining that I have, and even though I make monthly payments every month, that would just be out of the way.
2. Save up for a home: Banks here don’t care if you work partly commission, they only look at your base wage. Now… Read More…
First of all, Happy New Year to everyone! Sorry I’m a bit late, I have been busy with my full-time work.
With the New Year, comes new investment opportunities. The market is always changing and 2011 will not be an exception. Here is my opinion on investments for the New Year.
Emerging International Markets: Let’s be frank, the U.S. Market is suffering and most likely going to be only sustainable for a few years, and the Canadian Market is following shortly. Right now is the perfect opportunity to invest in International Stock Markets. Jim O’Neill, from the Goldman Group, has already started to look into these emerging markets. To name a few, Indonesia, Mexico, Turkey and Korea are all “growth… Read More…
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