The 4 ways to make money

The 4 ways to make money

I was a meeting this week where the Cash Flow Quadrant came up.  This is one of the most important financial concepts there is.  This should be taught in schools.  At my college, in the personal finance course, this never comes up.  Understanding this diagram can mean...
Why would do you do that!?

Why would do you do that!?

This was the comment I got from a friend of mine the other day when I told him what I had done on the weekend.  No, it wasn’t sky diving, or drag racing.  I had written 6 hours of exams for Life Insurance. (They were qualification exams, not the Provincial Exam. That...
When should I start investing?

When should I start investing?

This is a very frequent question I get asked.  There is only one answer.  YESTERDAY!!  If you are not already investing, you need to start TODAY!  I recently heard of a new rule in the financial world.  (You never stop learning!)  It is called the Bankers rule, or,...
Financial Freedom. Monthly income or Lump Sum

Financial Freedom. Monthly income or Lump Sum

At graduation last month I had a student ask me to describe the best was for them to get to financial freedom.  That is a tricky question.  The reason being, that the answer is dependent on a number of things. Age being one of the most important.  If you are under 30...
What is a Mutual Fund anyways?

What is a Mutual Fund anyways?

I run into this all the time.  Lots of people have them and there are literally thousands of them available, but most people are not really sure what they are.  Part of that is because Mutual Funds come in all kinds of flavors, and types.  There are now even ones...