Why don’t young people invest?

Why don’t young people invest?

I was talking with a couple of Mutual Fund Sales people the other day.  One of them asked the question: Why is it so hard to get people to start investing?  Especially younger (under 40) people who have the greatest investment tool there is TIME. I didn’t have a...
Dealing in Crypto. (without being Scammed)

Dealing in Crypto. (without being Scammed)

There is a lot of talk about cryptocurrencies these days.  I do not own any cryptocurrencies directly.  I leave that to my sons.  My oldest got into Bitcoin when it was under $10,000.00.  He is the only person that I know personally, who has done well in direct Crypto...
Have things improved?? (Then/Now)

Have things improved?? (Then/Now)

I was scrolling the other day when an ad from the Royal Bank popped up — all smiles and sunshine. It was aimed at newcomers to Canada, showing how the bank could help them settle in. The storyline was simple: you need a credit score to rent an apartment, you go to the...
ON SALE (but do you need it?)

ON SALE (but do you need it?)

I work with a fair number of younger people. Under 45.  They have a tendency that I just can not figure out.  Just because something is ON SALE does NOT mean that you have to BUY it!!!! I will give you two examples. One is my ex-son-in-law. (I still like the guy) It...
The Real Path to Wealth.

The Real Path to Wealth.

The Real Path to Wealth: It Starts with Cash Flow and Lifestyle No two financial situations are alike. Everyone has different goals, abilities, and circumstances—which makes building a personal financial plan both essential and challenging. The hardest part?...
Working or Playing the market.

Working or Playing the market.

I believe that there is a big difference between “PLAYING” the STOCK MARKET; and “WORKING” the STOCK MARKET.  Over the last few months, I have switched from Playing to Working.  It has made a large difference in my returns. The guy in the...