Personal Finance, Personal Life

Having A Budget Is Great, But Being Disciplined Has More Impact Towards Financial Freedom

As a blogger, I am always reading other personal finance or related blogs to see what others are writing.   Not surprisingly, budgeting is a HUGE attention grab and I bet over 50% of personal finance bloggers out there are blogging about budgeting in many ways.  For instance, some bloggers post their excel budget worksheets on… Continue reading Having A Budget Is Great, But Being Disciplined Has More Impact Towards Financial Freedom

Net Worth, Personal Finance

An Update On My Net Worth (November 2017)

I keep myself in check of my net worth regularly to make sure I do not forget my goal: "SIX MILLION DOLLARS!"   My Current Assets Cash -> $5,338.18 TFSA - > $18,447.95 RRSP -> $38,103.06 Investment -> $10,512.60 (TD stock), $1,914.37 (Bitcoin), $210.71 (Ethereum) Car -> $7960.00 Residence -> $90330.08 (This is how much… Continue reading An Update On My Net Worth (November 2017)

Personal Finance, Personal Life

I Treat This Blog As My Passion, But More Importantly, A Business

In addition to stocks and real estate, I LOVE BUSINESS AND ENTREPRENEURSHIP!!! Although I love to write and share my journey to become a millionaire on this blog to everyone around the world, I treat this blog as a business as well.    I would like to be compensated enough down the road to keep… Continue reading I Treat This Blog As My Passion, But More Importantly, A Business

Personal Finance, Personal Life

MY PASSION: Stocks and Real Estate!

I LOVE STOCKS! Because I get to choose which stocks to buy and how many shares I would like to buy.  In addition, I know how much online brokerages charge me for commission.  Lastly, I could buy and sell my shares anytime via online brokerage. Having said that, I am not a fan of day… Continue reading MY PASSION: Stocks and Real Estate!

Personal Finance, Personal Life

I Have NO LOVE In Bonds and Mutual Funds

I HATE MUTUAL FUNDS! I know a lot of people would hate me for saying this but I don't care! I just hate mutual funds because I don't know how much I am paying for MER! MER, Management Expense Ratio, is basically the fee that you have pay for the fund manager to "grow" your… Continue reading I Have NO LOVE In Bonds and Mutual Funds

Personal Finance, Personal Goal

An Update on My Plan To Get Rich (September 2017)

When I first started this blog, I mentioned I would like to reach a net worth of "SIX MILLION!" and I will reach that either by building a real estate empire or owning a franchised business. Most of my seed money will be coming from the home equity built from my condo. In addition, I… Continue reading An Update on My Plan To Get Rich (September 2017)

Net Worth, Personal Finance

An Update On My Net Worth (September 2017)

I think I will start to update my net worth on this blog from time to time to see where I am to reach.. "SIX MILLION DOLLARS!" My Current Assets Cash -> $6,111.9 TFSA - > $18,586.33 RRSP -> $38,025.61 Investment -> $9296.00 (TD stock) Car -> $7960.00 Residence -> $90330.08 (This is how much… Continue reading An Update On My Net Worth (September 2017)

Personal Finance, Stock Market Series

Are Canadian Insurance Companies Great Investments?

In addition to bank stocks, I also look into insurance companies because they also pay dividends.  But are they great investments to buy for your portfolio? Let's take a look. Three of the biggest Canadian insurance companies are Manulife Financial (TSE:MFC), Sun Life Financial (TSE:SLF) and Great-West Lifeco (TSE:GWO).  They all have offices all over… Continue reading Are Canadian Insurance Companies Great Investments?

Personal Finance, Stock Market Series

TD Bank vs. Other Four Big Banks? Which bank(s) to invest in?

First of all, I would like to thank all the people who are following and reading my blog.   I am shocked because I just started this blog recently.  I appreciate you guys love my content. Let's get back to the topic. We now know TD Bank (TSX:TD) is a good company to invest in… Continue reading TD Bank vs. Other Four Big Banks? Which bank(s) to invest in?

Personal Finance, Stock Market Series

Was Buying TD stocks the right decision (Part 2)?

So far, TD Bank (TSX:TD) seems to have a durable advantage because of its positive results from the income statement. Lets evaluation the bank's balance sheet in the 2016 annual report (some of the accounting calculation require the income statement): 1700% of net receivables to gross sales, which remains questionable to its durable advantage  … Continue reading Was Buying TD stocks the right decision (Part 2)?