Can You Live A Frugal Life?
The western world contains an abundance of goods and apparently unlimited money to buy them. Many people have a great deal of equity value in their homes and have found that cheap debt will help them live for today and pay it off tomorrow. The problem is that nothing may be left over for long-term investments.
A study of millionaires revealed that one of the secrets of accumulating wealth is t...What is going on with the market? (Part 1)
Over the past few weeks, you have probably seen your investment portfolio move up and down in value. Of course, investing in the markets means dealing with uncertainty, which encompasses both pros and cons. Uncertainty causes volatility, but this volatility allows rational investors to increase their holdings at a cheaper price. So, we will attempt to explain what all the fuss in the market is ab...
What is going on with the market? (Part 2)
Although the current sell off has been rapid compared to other corrections, it is not particularly severe. Since the launch of the current bull market in October 2002, the market has experienced at least five major sell-offs of more than 5 per cent, each of which lasted between 35 and 98 days. After each sell-off, the market not only made up lost ground but also continued to rise.
We remain co...
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