Category: Beyond Business
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5 Key Investing Principles to Build Long-Term Wealth
Investing is often perceived as complex, but the truth is, a few simple principles will set you on a path toward financial freedom. Whether you’re just starting out or looking to refine your strategy, these five key investing principles will guide you to make smart, sustainable decisions. 1. Spend Less Than You Make This principle…
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XUS vs IVV: Which ETF Is Best?
As a Canadian investor seeking broad market exposure to US stocks, it is important to use the most appropriate ETF for your objectives based on your account type and transaction size. But, Canadian investors have several S&P 500 ETFs available including many duplicate Canadian versions of US ETFs. So, which S&P 500 ETF is best…
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Sustainable Finance: The Impact of Banks’ Shift from Oil and Gas
The call for environmental sustainability among investors is growing louder. So, sustainable finance is influencing various sectors of the economy and having serious impacts for investors. Among these, Canadian banks are standing at a crossroads. They are under increasing pressure from shareholders and employees to divest from oil and gas financing. While the goal is…
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Buy-And-Hold Investing: A Forever Strategy?
In the era of digital trading platforms and zero-commission brokers, investors have never had it easier. With tools at our fingertips and little to no fees, we have the luxury of making stock market investments efficiently. However, with all these resources, a staggering number of both novice retail and seasoned professional investors still fall short…
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From Entrepreneur to Investor: Navigating the Transition
Congratulations! You’ve successfully sold your business. As you close one chapter of your entrepreneurial journey, a new horizon emerges: the world of wealth management and investment. Transitioning from an active business role to managing an investment portfolio is a distinct shift, both in terms of responsibilities and mindset. In this blog post, we’ll describe this…
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Six Strategies to Help You Reduce Investing Bias
Investing can be complicated, and our emotions often make it even more challenging. Investing bias will alter our investment decisions, usually for the worse. So, in this post we’ll discuss six practical ways to reduce investing biases, making your investing journey clearer, calmer, and more successful. Before we begin, let’s put your financial knowledge to…
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Stealth Wealth: Living a Low-Key Life of Financial Freedom
In recent years, the concept of “stealth wealth” has been gaining popularity among those seeking financial freedom while avoiding ostentatious displays of wealth. Stealth wealth is the practice of living a comfortable, even luxurious life without drawing attention to oneself or one’s assets. In this article, we will explore the origins of this phenomenon, the…
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What are Index Funds and how do they work?
Index funds are one of the fastest growing investment products. There are lots of reasons why, and this post will describe what they are. This post describes the basic way index funds are created and why their performance has been so good. If you’re interested in considering why index funds work, this post is for…
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Am I Rich?
How wealthy are you? Typically, we think of financial wealth in numbers: our income, our net worth, or maybe how much money we have. But of course, wealth is much more than just dollars & cents. Wealth includes our health, the quality of the relationships we have with our family & friends, as well as…
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What to do after you sell your business
Life becomes different after you come into a big pile of cash. Whether you’ve just sold your business, received an inheritance, or won the lottery. Suddenly being rich also brings problems. This post will describe some ways to approach life after you cash in. Take some time to reflect and celebrate If you’ve dedicated your…