jim & david What’s Happening and Why It Matters Have you heard about the federal government’s latest announcement? Starting December 14th and running until February 15th, Canadians won’t need to pay GST on select retail items. This includes essentials like children’s clothing, footwear, diapers, newspapers, books, and a variety of beverages and foods. On top of that, there’s … Read more
We all love the comfort of our daily routines. That familiar pattern of work, home, and life feels safe and predictable. But what happens when change comes knocking on the door? Most of us feel anxious, maybe even frustrated. After all, change can force us to make decisions, change plans, or adapt to something new, … Read more
The Whipsaw of Market Chaos Before the days of gas-powered chainsaws, lumberjacks relied on a tool called a whipsaw to cut large logs. The whipsaw was a long metal blade with handles on both ends, requiring two people to push and pull in opposite directions to make a cut. It looked chaotic—a constant back-and-forth of … Read more
The greatest thing about money is that it can earn more money. When you have savings, your main goals are to protect them and grow them over time. If you were to bury your savings in the backyard, they’d be safe from theft, but they’d also lose value as the years go by. This happens … Read more
There’s an old story that illustrates a very important lesson about managing your money. It goes like this: A financial advisor, eager to gain a prospective client’s trust, takes the client on a tour of an exclusive yacht club. The advisor points out all the luxury sailboats owned by fellow financial advisors, fund managers, and … Read more
When David thinks about risk, it takes him back to his days working as a geologist. Every morning, he’d head underground into the mines, where risks like rock falls, seismic events, and poisonous gases were part of his daily reality. It was an environment where danger was unavoidable, but the reward was a paycheque. Risk … Read more
When it comes to investing in Canada, there’s no magic formula or shortcut to success. Yet, there’s a growing trend of people thinking that investing can be done with minimal effort and still yield great returns. The truth is, the world doesn’t work that way. If you really want to grow your wealth, you need … Read more
In today’s fast-paced world, the term “side hustle” has become a trending topic. From renting a room in your home to walking dogs, creative and enterprising individuals are finding new and innovative ways to earn extra income outside of their regular job. It’s a fantastic way to bring in additional money, which can be used … Read more
Money has always had a way of dividing people. Throughout history, we’ve seen society split into classes—kings and subjects, lords and serfs, supervisors and workers, the wealthy and the poor. Even in our modern world, where opportunities seem more open, the boundaries between social classes are still very real, often defined by how much money … Read more
Investing is one of the best ways to grow your wealth and secure your financial future. If you’re like most people, you’ve probably heard more than one story about someone losing their shirt in a bad investment. Whether it’s a speculative stock, a hot tip, or a company that seemed like a sure thing you … Read more
