Drafted: June 10, 2020 (I have been meaning to publish this for a while – better late than never) Introduction Most economic theories focus on why certain economic systems are better than others. Few, however, step back and ask, “What are the characteristics that could make a system (any system) run indefinitely? And what leads economic actors (i.e. individuals, families,…
Tag: investments
Welcome to tags! Here you will find all the relevant blog posts and content tagged with or discussing the term “investments”.
How do I Beat Inflation?
How do I beat inflation? Everyone wants to know these days, with the quickly increasing costs of food, energy, rent, used cars, and consumer goods front and centre in our minds. Add on weather-related disasters, supply chain disruptions, and record money printing and deficit spending by governments, and inflationary pressures look downright scary. Since the middle of 2020, living costs…
What Makes a Good Investor Day?
What Makes a Good Investor Day? Welcome to another My Money Moves YouTube video. Here I discuss what makes a good investor day as part of our free investor education series with Todd MacSween. The content was produced for my employer but it is likely applicable to many readers here too. Enjoy! For more on investing basics check out Investing…
Free Macro Economic Resources
Free Macro Economic Resources Welcome to My Money Moves third video. Here I discuss free macro economic resources and what websites I use personally. The content was produced for my employer but it is likely applicable to many readers here too. Enjoy! For more on investing basics check out Investing for Beginners and Make the Most of Your Investments, or…
Money News – August 2021
Personal Finance in the News – August 2021: Welcome to Money News – August 2021! Noteworthy news this month includes an overview of how each political party plans to address housing affordability if elected. Plus articles on zero cost trading commissions coming to Canada, and the stock market experiencing its fastest rally ever. Read: Canada’s elections are in full swing,…
How to Research Stocks
How to Research Stocks Welcome to My Money Moves second video. Here I discuss how to research stocks and what websites I use personally. The content was produced for my employer but it is likely applicable to many readers here too. Enjoy! For more on investing basics check out Investing for Beginners and Make the Most of Your Investments. If…
Money News – December 2020
Personal Finance in the News – December 2020: Welcome to Money News – December 2020! I have four noteworthy topics for you this month. Read: The era of low interest rates and high real estate prices continues. This month, HSBC offered a mortgage rate below 1%. This is a first in Canada, and a record low. Though rates could still…
Annual Financial Review and Goal Setting
As the year draws to a close, I have started my annual financial review and goal setting process for the year ahead. This is an important step in any financial planning. For me, the exercise helps me determine where my family’s finances stand and if adjustments are needed. It also gives me a clear picture of our current accounts and…
Make the Most of Your Investments
Introduction How do you make the most of your investments? Once you’ve mastered the basics, this is the next big question. In my experience, there are four main areas to consider to maximize your investments. This is true regardless of whether you’re a DIY investor or working with a financial advisor. In this article, we’ll take a look at all…
Money News – July 2020
Personal Finance in the News – July 2020: Here’s a summary of Money News – July 2020: Read & Watch: Last month I wrote about a nationwide coin shortage in America. Turns out the Americans are not alone! Here at home, there is a shortage of $50 bills as Canadians hoard them. This may not be a bad thing though…
Investing for Beginners
Intro Investing is a broad and far-reaching topic, and one that can be completely overwhelming for beginners. Over the years, I’ve had so many friends and family members ask me how to get started. In this piece, I’ll try to break it down for you, and share the steps that I went through myself. What follows is a summary of…
Liquid Net Worth
Liquid net worth is an unfamiliar term for most people. Many know about net worth, but few understand liquid net worth, what it means, and why it is important. This article will explore the term and unpack its usefulness. What is liquid net worth and how is it calculated? While net worth measures the value of all the assets you…
Personal Finance and the COVID-19 Coronavirus
Introduction: COVID-19 is a real wake up call for how we should be managing our finances. Aside from the health impacts, COVID-19 may result in real financial hardship for many. Quarantines, school closures, and lockdowns could result in lost time at work and reduced incomes. In the bigger picture, employers may be forced to lay off workers and reduce staff.…
Money News – February 2020
Personal Finance in the News – February 2020: February’s Money News has been a rough month for financial markets as the COVID-19 virus continues to spread. Though this outbreak has understandably dominated headlines and may have widespread financial impacts, there were many other interesting personal finance stories this month: Read & Watch: These articles by the Globe and BNN discusses…
Building a Budget
If you’ve already started to track your spending, you might be asking, “Now what?” The answer is, “Now build a budget!” This blog post will go through the basics of setting a personal budget to help get you started. If you haven’t already, you can also check out the Tracking My Spending post, which goes hand-in-hand with this one. …
Seven Financial Rules I Live By
Personal finance can be complicated. For me, I’ve found that simplicity serves me best. Here are some of the basic financial rules I use with my money: 1. Budget & Track Your Spending No matter what your finances are like today, they’ll probably be better if you start tracking spending each month and building a budget. This will let you…
Money News – October 2019
Personal Finance in the News – October 2019: A quick glance at October’s Money News: Read: New York Life Insurance Company takes a look at common financial regrets. What do you regret? Or, more importantly, what do you fear regretting in the future? And what can you do today to reduce the chances of regret? Read & Watch: According to…