What Is The Purpose Of Having An Emergency Cash Reserve? When there is a leak in your home, it's important to act quickly to minimize the flooding damage before you can go deal with the source of the issue. Having an emergency cash reserve works in the same way as a bucket would to contain […]
Over the course of most people's life, there are a number of major expenditure decisions that we must all face. Here we look at why each of these 5 key decisions are so important and what you should consider before making your decision. Your Car Purchase A car purchase is far from the biggest decision […]
Have you ever tried to convert your Canadian dollars (CAD) into US dollars (USD) or the other way around? You may have noticed the exorbitant fee that is charged to you on top of the exchange rate. Most banks or brokerages are either charging you a fee directly or a spread that amounts to 1.5% […]
Managing liquidity is a challenging task and much more important than we realize. But what Is Liquidity? Liquidity is the ease an asset can be converted into cash without incurring significant costs. Cash, by definition is the most liquid asset. On the other hand, something like a 1st edition base set PSA 10 Charizard is […]
When it comes to investing, retail investors have always been playing a game of catch-up against the big institutional investors. While this trend is not going away any time soon, we should still work towards closing that gap. What Advantages Do Institutional Investors Have? Capital! Capital! Capital! - At the end of the day, more […]
On the surface, it would appear that short sellers only profit off the suffering of others, or specifically profiting of the failure of a company. Although one can interpret it this way, the idea that short selling is unethical is rejected by almost all academics, practitioners and policy makers alike. The ability to short sell […]
What Is Short Selling? The concept of short selling is actually quite simple. This is when an individual borrows a stock and proceeds to sell it immediately with the intention of buying it back at a later date. Why Would Anyone Want To Short Sell? When an investor believes that a particular stock is overpriced, […]
If you are running your own business in Canada, your family members can help you reduce the overall tax incurred as a family unit! This strategy can be used if you are running your business as a sole-proprietor and have a family member who is in a lower income tax bracket than yourself. For example, […]
Popular option has suggested that the US government needs to cut the "pork" with regards to the wasteful spending that has come to light in the most recent omnibus spending bill. The truth is, as an average individual, there is only so much we can do to change government spending decisions. But what we can […]
Whether you have a investment property, an extra room or a separated suite, many of you have asked the question of "should I rent out my space long term or short term?". In this article I will evaluate what happens through the lens of several categories and decide whether long term rentals or short term […]