“The pain of discipline is far less than the pain of regret.” -Sarah Bombell “If you want something different You Gotta do something different.” – Nathaniel Williams We love to read and share – here’s some notable things from the last week covering life, investing and financial planning. Perspective Your Choices to Make […]
There are some really good reasons to choose an investment. When we hear things like, “it’s low cost, liquid, diversified, fits with my risk profile and is complementary to my other portfolio holdings”, we shout bravo! Unfortunately we hear lots of other reasons that aren’t so good – here’s a selection: “The people involved in it are […]
Over the weekend I was pleased to see an article on Emergency Funds by Rob Carrick from the Globe and Mail – see his article here. We have been talking a lot about Emergency Funds recently and specifically how to better convince people of their importance. In our experience, not a lot of families or […]
Canadians exhibit far too much home bias with their investments – while some home bias is normal and maybe useful if it helps reduce psychological barriers to investing at all, it can be particularly dangerous in Canada not only because of economic and stock market industry concentration but also the high proportion of total market capitalization […]
Good financial planning is about exercising control over income, expenses and investments over time to achieve what you desire in life. Exercising control over those three areas pays off when you focus your efforts pulling levers that have an impact. While people seem to understand what the levers are that both matter and are […]