I'm going to show you how to organize your important digital stuff as an IT & Database guy. Compartmentalize Your Directory Here's my directory at the highest level. See how it is very general yet easy to understand: Your folders should be named such that you will know what it contains even if you haven't touched it ...
So as you know, NCIX, Equifax, Target, JPM, have all been victims of data breaches. I am going to show you, the consumer, how to prevent and protect yourself from future data breaches. In my other posts, The Perfect Banking Setup V2 and The Perfect Banking Setup were both largely designed with security in mind. I ...
Many years ago, I posted the perfect banking solution. Well, I'm going to update it. No...tweak it, a bit. The core philosophy has remained the same and is this: Separate the daily transactions away from your large investments. Essentially, we have 3 tiers of risk: Tier 1. Super Safe: This bank is connected to your brokerage, ...
If you are starting on your journey to becoming retired, wealthy, financially free...well I've come up with some major milestones and benchmarks to help you out. I am going to use a conservative 3% yield on networth. The major milestone amounts are as follows: $50,000 = Full Stomach: ($1250/year or $125/month) Congratulations! You have scrimped and saved; You have ...
Now I am not against the idea of day trading in theory. The stock market is comprised of average investors, who are Mom and Pops, institutional investors who are subject to many rules and regulations, and hedge funds, who are also subject to various rules and regulations. So you think to yourself, "Hey, I am my ...
It is that time of the year again! Taxes! New TFSA Contribution room! RRSP Deadline! This will inevitably spur the discussion of Federal Government's "Gold Plated" Defined Pension Plan and how it's anchored basically by tax payer money. Globe and Mail reported that the public sector pension is simply unaffordable. Is it really that awesome ...
I recall seeing an wall ad on campus several years ago about a 2-hour financial independence seminar. Thinking it was related to investing and personal finance, I excitedly attended. In the conference hall, there were about 50 others already there. I noticed people from all walks of life there. I saw young guys suited up ...
It's that time of the year again, Christmas vacation, snowbirds flocking down south. Many of us will be needing US dollars to spend south of the border. You go to the bank and get quoted a rate of 1.19 when the spot rate is around 1.16. That is almost a 3% premium! You begin to ...
So far, I only had a vague idea of what this exclusive account is. You had to have over $500,000 in invest-able assets or generate over $5,000 in commissions. I heard of rumors that you get cool benefits such as exclusive events. It is pretty much the Centurion Card of TD Waterhouse. Today, while I was ...
Prelude: I will be analyzing sample individuals and evaluate their finances as if they were a company. How do they stack up if their finances were publicly available? Would investors "buy" their shares? In this segment, I am re-evaluating the financial situation from chatelaine.com and comparing my results with their financial experts. chatelaine.com Millionaire By Age 41 Name: Gerry ...