Long ago, I wrote about why the typical mutual fund is hazardous to your financial health. I tallied up management expense ratios and created hypothetical investments and the costs of these expenses and fees. The graphs showed very vividly the dangers associated with paying the typical fees and expenses associated with most mutual funds. In case that post didn’t make it clear enough on why you should avoid being ignorant about your investments, I’ve searched far and wide, high and low, to find the last thing you will ever need to read on about the problem with mutual funds and investment fees. Are you ready?
Yesterday was like any other day at work: droning away amidst tedious tasks. Often times, I let my mind float and wander while I conduct mindless work. It’s relaxing and takes my mind off the fact I am utterly bored out of my mind. But yesterday, while my mind was floating down a road of emptiness, a sudden revelation appeared and crashed into me with the force of a semi-truck. It’s my story of shame and resentment.
Over the weekend, I posted my Top 20 Must Read Money Books. Rather than leaving it as a passive post, I want to make this a more active call to action. Therefore, I will be giving away some of my favourite books from this list for free every month starting today. Yes, you read that right: FREE. The Money Book Giveaway First Edition. Check out the details.
Since I started getting seriously interested in money, investing, and finance back in 2011, I’ve been devouring knowledge on these topics to prepare myself for the plan I have for financial independence and how I intend to get there. These books are my 20 must read money books. Take a look.
So recently, I got some shiny new Questrade and Tangerine subscribe buttons up on my sidebar. If you click on it, like magic, you will be transported to the respective websites. Who doesn’t like cool custom ads? It had to be constructed in HTML. Let me show you how you can make some kickass subscribe buttons too!
Recently, I shared a vision of the direction I was taking. And that was to build a minimum of $700,000 of capital producing assets in 10 years. Now, the first step towards achieving any substantial goal is to have a detailed plan on how the goal will be achieved. Every successful business has a business plan. So should you.