Financial Independence

Its July 4th, Independence Day in the United States of America!  I decided that today is the most appropriate day for this short post on financial independence. What does it mean to be financially independent? Financial independence has a different meaning each person.  To some people it may mean not having to worry about paying mortgage, bills, or putting food on the table.  To others, it may mean not being at the mercy of a company...

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Financial Advisors – A Different Perspective

Many times people ask “Do you need a financial/investment advisor?”. Perhaps a better question would be what would you need from a financial advisor? Many people have a fixed conception of what a financial advisor is, including the advisors themselves.  They also have a fixed picture of what they should be doing for you, and how everyone needs to have one, because that is what we are told by society.  My question would be...

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Maket Plunges As US Bailout Fails, A Day To Remember

Exchanges all over the world plummeted yesterday, after US lawmakers blocked the $700M US bailout.  The result was a global plunge in the stock markets.  The Dow Jones Industrial average lost a record 748.21 points.  The TSX was down as much as 955 points at one point.   From Japan and China, all the way to London and Frankfurt, no exchange was safe from the panic stricken exit of the investors.  It will definitely be one of those...

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