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Compound Interest

When an investor makes a loan, they typically expect the recipient to pay interest to compensate for use of the money. So, on a loan of $200 with an interest rate of 10%, the investor would be paid $20 of interest. As much as receiving 10% on a...
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2016 Goals

Having just completed my review of 2015, it is time to leave the past twelve months and project ahead for the dozen to come. Rick will be providing his goals in a separate article (or I may simply amend this one when he’s got his down on paper)....
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Recent Buy: Bank of Nova Scotia

The recent volatility in the stock market has demonstrated the importance of keeping a watch list of stocks on hand. This way, when equity markets crater downward it is possible to move quickly without needing to go into a full analysis of stocks and potentially miss an opportunity....
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Book Review: The Millionaire Mind

Are the richest people in the world extravagant spenders? Do they live with flare and spare no expense in their personal lives as a reward for having earned from business or inherited their wealth? Our author in this read, Thomas J. Stanley, sets out to find the truth...
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Book Review: The Science of Getting Rich

Is there truly a unified method that, applied by any individual, leads to riches? Using his experience in the domain of richness, Wallace Wattles has put together a comprehensive outline of what it takes to achieve wealth; the chief factor being the mindset of the individual. Specs Author:...
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Money Can’t Buy Happiness

So you told your close friend/mother/distant relative/cat that you want to Get Rich yet they shot you down. They gave you the age-old “money can’t buy happiness” spiel, right? Would you like a quick fix? Here goes: Irrational skeptic: “Money cannot buy happiness!” Me: “Neither can poverty.” Boom!...
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