Traditional Balanced Funds No Longer Work
What are balanced funds and how are they meant to work? A balanced fund is a fund that has been appropriately diversified between negatively correlated (and sometimes non-correlated) assets. A […]
Dr. Marius Bernard & Critical Illness Insurance
I have a truly renewed and reenergized appreciation for critical illness insurance. In the last six months alone those close to me have experienced a successful quadruple bypass, lost a […]
Will your critical illness policy pay for THAT particular cancer? Words Matter – Critical Illness Insurance, Cancer Definitions & What You Need To Know
If a bank, an agent or a broker is selling you a critical illness policy without this definition be very suspicious of their motives. Those who know me know that […]
Ontario Lawyers Must Read This Before Purchasing Life Insurance
I was recently asked to review the Canadian Bar Insurance Association (and Ontario Bar Association / OBA) term life insurance plan that if offers to its members. Below is a […]
Insurance Companies Are Bastards & the Life Agent’s Job as Advocate Quote
“Look, insurance companies are bastards. It’s not that they’re evil and trying to screw the little guy out of their money. It’s that they are totally, morally, apathetic. The same […]
Dickens’ Mr. Micawber Teaches Us About Personal Financial Planning
“Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” In David Copperfield by Charles Dickens (free […]
Bad Investments, Closed Minds, and Holding On to the Wrong Person’s Nuts
Monkeys are cute, fun, intelligent, and a little ridiculous. I only mention this because I required an opening statement for what is to follow. In many towns and villages in […]
Cognitive Bias, Logical Fallacy, and How Brain Shortcuts Cost You Money
What would you say is the number 1 reason that people don’t achieve their financial goals? What do you think the greatest single threat to financial un-breakability is? It isn’t […]
Ten Most Common Wealth Accumulation & Financial Planning Mistakes
If your goal is to be financially unbreakable you want to avoid these 10 common mistakes. Procrastination. This is the biggest money mistake of all – putting off until tomorrow […]
Every take off is optional, every landing is mandatory (Or why math doesn’t always align with real life) – Part 2
This is post 2 of 2 in the series “Every Landing is Mandatory (Or why math doesn't always align with real life)” Every Takeoff is Optional, Every Landing is Mandatory […]