Here is my July 2014 net worth update. I like to track my family's progress through monthly net worth updates. To calculate our net worth, I add up all of our household assets and subtract any outstanding liabilities (ie. debt owing). The result is simply a snapshot of what my … [Read more...] about July 2014 Net Worth Update: $634,138.14 (+2.11%)
How To Make Extra Money to Save and Invest
This post looks at how to make extra money to save and invest. As we all know, when it comes to personal finance, success in achieving our goals has a lot to do with our own behaviour, such as, the importance of forming good habits like saving and investing on a regular … [Read more...] about How To Make Extra Money to Save and Invest
Why I’m Not Concerned About Rising Gas Prices
Rising gas prices have been a hot topic this week. I recently gassed up my vehicle at $1.42/litre…Ouch! At that price, it cost me about $8 more a week to drive. But $1.42/litre must seem like a bargain for those living in Vancouver where the average price for a litre of gas is … [Read more...] about Why I’m Not Concerned About Rising Gas Prices
Markets At All Time Highs! Where Do I Invest?
Since the Global Financial Crisis of 2008-2009, record low interest rates have been fuelling rising asset prices. Real estate, stocks, bonds and commodities have hit, and are at, all-time highs as evidenced by the charts below: Source: … [Read more...] about Markets At All Time Highs! Where Do I Invest?
Dividend Reinvestment Plans: What Are The Best Stocks to DRIP?
Here's my article on the best stocks to DRIP. This is the final post in my series on dividend reinvestment plans (DRIPs). If you missed any of those articles, I've provided links to them at the end of this post. In general, a good dripping candidate is an established company … [Read more...] about Dividend Reinvestment Plans: What Are The Best Stocks to DRIP?