DIY investing

Risk Tolerance and the Responsibility of Online Investing

**This is a sponsored post written by me on behalf BMO InvestorLine.  The idea of an investor’s risk tolerance can be kind of tough to define and is even more difficult to accurately determine. The problem is that when the stock market is doing well (aka “a Bull Market”) we’re all much more likely to say…

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Boring Finances are the Best Finances

Over the last couple of months, I’ve noticed a trend on my blog which has bothered me a touch. I haven’t been writing many personal finance stories. Don’t get me wrong, I’m writing posts on topics which I think are important including emergency funds and budgeting, but I haven’t written many pieces on how my…

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Why You Won’t get a Net Worth Update From me

I read a lot of personal finance blogs, and one theme that’s common with many of them is providing a monthly net worth update. The idea is that by providing monthly updates, they’re being transparent while providing inspiration. If your favourite blogger is saving so much money, you can too right? To be honest, I…

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It’s Okay to not Know Everything About Money

I recently took part in a Twitter Party where the focus was on online investing. What I noticed was that a lot of participants had similar questions. More specifically, many of them wondered if they should even bother with investing since they didn’t know that much about money? The short answer is yes, but the…

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How to Build Your Own Financial Spreadsheet

**Today’s guest post comes from Lars Kroijer, a former hedge fund manager based in London who has contributed to my site a few times now. In a world where online financial advice is omnipotent and financial calculators and portfolio management systems are free and easy to find, you might wonder why you should bother to do…

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Why I’m Not Abandoning my Financial Advisor Anytime Soon

I’ve been a do-it-yourself investor for quite a few years now, and I’ve never regretted that decision. I initially switched my investments from mutual funds to TD e-Series funds. But at the start of the year, I switched again to exchange traded funds to lower my management expense ratio (MER). I’ve calculated that I’ll likely…

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Canadians Facing Barriers When it Comes to Investing

When I started this blog, I never intended to talk much about investing, but it’s become a topic that’s become quite popular with my readers. I don’t think I did anything special since I started investing in mutual funds with my bank before I became a DIY investor, but I’ve realized that investing can be…

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It’s not an Investment, it’s Marketing

Ads are all around us; there’s just no way to avoid them. We can try our best to block them online, but walk in any direction and we’ll come across an ad soon enough. Ads are just a part of life, but every so often there are ads I come across where I wonder what…

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past performance

Past Performance is Not Indicative of Future Results

If you’ve ever spoken to an investment advisor who works for a bank, the odds are they showed you charts with the past performance. This is done to show you that the funds are a “proven” winner and you should invest them. However, what they should really be telling you (but never will) is that…

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trump

Worried About Trump? Here’s What to do With Your Money

Ever since Donald Trump became President of the United States (and even before), he’s been making headlines for a variety of reasons. From his immigration policy to his weird handshakes, people can’t stop discussing Trump. The problem with these kinds of headlines is that it creates a lot of uncertainties. What the President says or…

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