Tag: retirement
-
The Case Against Gold in My Portfolio
in Stock MarketI refuse to invest in gold. I know two people who invest in gold. They believe that one day our financial system will collapse, anarchy will follow, and somehow their gold investments will be converted into shiny gold coins delivered to their homes and If that happens, they they’ll be among the privileged few who…
-
From Financial Hardship to FIRE: My Journey to Frugality and Financial Independence
Today I would like to speak about frugality and why am I so frugal. I have always lived a frugal life, but now as I am transitioning into retirement, I am questioning my frugality. When I came to Canada, as an international student, I experienced financial hardship, like most college students. I was working under…
-
Money has never been a motivating factor for me, Danica Patrick
If I do a good job at something, the money will show up. If people believe in it, if they like it, the money will be there. Money has never been a motivating factor for me. It’s merely a barometer. I want to make money because it means that people like what I am doing,…
-
The true secret to Warren Buffett’s wealth no one is talking about
People have written books about the investment strategies of Warren Buffett, how he values companies, how has been opportunistic buying companies in distress, how he is so smart. So on and so forth. But none of those books are talking about the real reason of why Warren Buffett’s is so wealthy. Warren Buffet has a…
-
Retirement Alert. Your Pension Plan May Fail You
Question: What is the difference between a government pension plan and a Ponzi scheme?Answer: If the government does it, it’s legal. Every time you get a paycheck, you will see a deduction for the Canada Pension Plan or the Quebec Pension Plan. This money is taken away from you (and from your employer), not for…