An introduction to investing- part two

Strategy Begins With Planning This is the second installment of An Introduction to Investing by Troy, the first of which can be found here. In this second installment, I’m going to be discussing the various investment strategies, and the pros and cons of each. Remember – there is no “right” or “wrong” strategy, only one that works (or doesn’t work) for you. Each investor is different and what works for me might not work for you. How can you determine which strategy fits you best? Test them out one at a time! The long, long-term investor What the long, long-term investor does is rather simply – just keep buying on the dips and hold his/her portfolio of stocks until he’s (or she’s) 60 years old. This is known as buy-and-hold. Every time the market falls, “It’s time to buy more. After all, I’m getting a discount”. Every time the paycheck comes in, set aside some cash to buy more stocks. Pros: The advantage of buy-and-hold does not lie in investment returns. There’s no way you can get 15% a year (on average) just by buying and doing nothing. Rather, the advantage in buy-and-hold lies in the fact that you’re doing nothing that’s difficult. Many […]

Investing 101 for Newbies

Contribution by: Troy Are you interested in investing and wealth management? Sorry to break it to you, but the world of investing is a lot harder today than it was 30 years ago. With a whole lot of quants (math geniuses) doing computer trading and a much more complex world, investing just keeps getting harder and harder. Now for the good news. For those of you who can wade through all the muck, the profits to be made have never been greater. As volatility increases, more skillful investors have more chances to make ever greater returns. So if your new to investing and one day want to be a kick-ass investor, this is the post for you. Here is some investment advice for y’all newbies out there.   Avoid Mutual Funds   (This is just my opinion – I’m sure others will have their own.) As you transition from a USA 401(k)/ Canadian Registered Retirement Plan (RRSP ) to your own brokerage account, I suggest you stay clear of mutual funds. In the past, I worked for one of those small-time retail customer banks. Essentially, we peddled mutual funds to all our clients without actually believing in any of the BS […]

Protect Your Investment: Planting Tips For Your Vegetable Garden

Growing your own plants or buying them from a garden centre is an investment of your time and money which you certainly don’t want to see wasted. By protecting your investment and taking proper steps towards keeping your plants healthy and strong you can ensure that your hard work will bring you the vegetable garden you deserve! It’s seems like spring is finally here to stay and I have some planting tips for your garden to help keep your vegetables and herbs on track, healthy and happy! Waking up and seeing green grass makes me very happy and very eager to want to get working outside! Just a couple more weeks and I’m going to be ready to start planting my garden. When we started this series we began with my garden growing guide sharing tips about how to start a garden and preparing the soil. Now it’s time to take it to the next level and that’s making sure you take the proper care of your vegetable garden. Whether you are growing a garden bed or a container garden there are a few things to  keep in mind when planting your garden that will contribute to the overall success of your […]

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