When discussing investments such as stocks or equities, treasury bills and bonds, gold and other commodities, or even collectibles, people tend to lose sight of the forest from the trees. Why is that? Because really if you break it all down: When you invest in stocks or equities, you are investing in companies and businesses. ...
LCBO Price Analysis
For those of you who aren't Canadian (or Ontarian to be exact), LCBO stands for Liquor Control Board of Ontario. It has de-facto monopoly on the retail prices of liquor in Ontario. The reason I am doing a price analysis is to compare it against duty free and see exactly which products offer the best ...
Travel Pony: $35 off any hotel reservation
March 2014 Spending
How strong is your personal balance sheet?
Balance sheet analysis is the staple of fundamental analysis for a stock. A healthy balance sheet let's their owners know the stability of the company. However, what I rarely see are investors that analyze their personal balance sheet. I am going to draw out several sample balance sheets of people in various situations and run ...
Why your youth is the best time to accumulate wealth
You are 23. You just graduated college and landed a great job paying $50,000 a year. After suffering for 4 or more years on student loan money or scholarship money, you finally have some spending power. You've already mapped out your plans to splurge the new dough: 70" TV, Iphone 6, Alaskan Cruise, Luxury Condo, ...
What were the original DOW components?
Today, it is impossible to talk about the general economy of the United States without mentioning the DJIA. Every few years, companies are added and removed. Each year, new industries pop up. Old industries slowly fade away. Ever wonder what the original 'dirty dozen' were and where they are now? With some research, I've compiled ...
The financial cost of smoking
One of my good friend Chad came back town for the holidays after a tough semester of school abroad. At the dinner table, in between the laughter and chuckles, he suddenly got up and announced, "Guys, I'm heading out for a smoke break." I was absolutely dumbfounded. Now, Chad was a guy who got straight ...
Scotiabank Scene Visa Analysis
RBC Shopper’s Optimum Mastercard Analysis
I've been meaning to do a RBC Shopper's Mastercard for awhile. This will help you guys figure out if it is worth getting. As a prelude, I will be using the term SDM alot. SDM is just an acronym for Shopper's Drug Mart among internet circles. What are the rewards? 1. Earn 15 SDM points for every $1 ...