So you have emptied your piggy bank, read my book, and are now motivated to start a stock investing account. Or you already have accounts at a few different places and want to consolidate them to start managing yourself. Perhaps you are working with a financial advisor but want to take more control. How do […] Read more
Starting your self-managed accounts
Getting accounts started is a simple as a visit to your local bank
Where in the world should we invest?
Time to get down to the details and choose the stocks for your TFSA portfolio
With the groundwork for international diversification laid in my previous column, let’s now complete “construction” of a prospective TFSA portfolio begun on March 27. This prospective portfolio would be suitable for an account of $15,000 to $57,500, the current maximum TFSA contribution if you hadn’t made a previous contribution, and you were 18 years of […] Read more
Build your portfolio with international stocks
There are many reasons to diversify outside of the country. Get the details
My first three columns have covered a lot of ground, but there is more to cover. The stock market presents endless learning opportunities, but we want to keep our approach simple and effective because we have our farms to run and our lives to live. The first column covered the advantages of a TFSA; the […] Read more
The most important investment number
The “Rule of 72” is one of the most fundamental principles of investment
One of the most fundamental investment principles is the “Rule of 72.” Understanding this rule is key to understanding investment returns, the benefits of tax-advantaged accounts, and why starting with limited funds can still lead to great outcomes. The year 1972, for those of us old enough to remember, was a year that will forever […] Read more
How do we start building, secretively?
Get started soon, with a small portfolio, to build financial returns for your future
Have you kept our secret? You know, our secret about building wealth over time in the stock market. The secret that it’s about buying common shares in solid companies, and holding them for a long time. The longer we can keep this secret the more time we will have to build our portfolios, before others catch on. But […] Read more
Shh… don’t tell anybody. It’s our secret
Using a Tax Free Savings Account to build your off-farm investment portfolio
Of the three main tax-advantaged programs: Registered Retirement Savings Plans (RRSPs), Registered Education Savings Plans (RESPs) and Tax-Free Savings Accounts, TFSAs are quickly becoming the investment program of choice for Canadians. Personally I have taken full advantage of all three programs, because it’s hard to beat investment returns inside a tax-free program. The simplicity and flexibility of […] Read more
Cyber-Savvy Farmer
