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How to Make a Million Dollars in the Stock Market (in the shortest time possible)
Since 1900, the S&P 500 has earned an annual compounded rate of return of 9.53%. Too bad we don’t live this long! So, the question on every investor’s mind is, “How do I make a lot of money in the stock market in the shortest time possible?” If you want to know how I’m doing it for my clients and personally, keep reading!
We’ve all seen the same ads and charts suggesting that if you start at 25, investing 2.14 every month for the next 40 years, you can retire a millionaire at 65. Well, maybe you don’t have 40 years, or you simply would like to make a lot of money sooner, so you can enjoy some of pleasures that kind of money can bring with it. What if I told you it can be done in less than 10 years regardless of your age, level of education, who you know, or how much you currently earn? What it does require is patience, discipline, and the ability to chan... Continue reading
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Travel Tips
Passport – check, itinerary – check, sunscreen – check, bathing suit – check, reading material – check, medication – check, travel insurance – what? Due to the harsh climate of where we live, Canadians love to break up the winter doldrums with a couple of days of sun. So, anywhere between December and March we may find ourselves looking for some last minute deals to get away.
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The Retirement Gamble
Lately I have been reading a number of articles by industry experts and journalists espousing the virtues of the sixty-equity, forty-bond allocation. Their reasoning is that there is no alternative (TINA) to earning a good return on your hard earned capital. I know better, and it is more in line with their interests than yours. In 2017, it will have been 10 years since the beginning of the last financial crisis and for someone who is retired, or soon to be, this may be very dangerous advice. Here’s why!
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Lucky Number 7
The calendar years ending in 7 have not been kind to stock investors. I’m sure I don’t need to remind you what year we’ve just begun? So why don’t we take a stroll down memory lane starting forty years ago and build the case.
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January 1, 2030
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