I finally managed to borrow the book, Stop Working: Here’s How You Can!, from our local public library. It is self-published by Derek Foster, who retired at the ripe old age of 34 and promises to teach how anyone can do it.
The book reveals that Derek was able to retire early by saving regularly and [...]
Entries from April 2005
Book Review: Stop Working
April 30th, 2005 · 6 Comments
Tags: Book Review
Ameritrade Canada
April 29th, 2005 · No Comments
Canadians investing in US equities should seriously consider Ameritrade for their brokerage account. Ameritrade offers one of the lowest brokerage commissions:
RBC Action Direct: Min. $29.95TD Waterhouse: Min. $29.00ScotiaMcLeod: Min. $25.95BMO InvestorLine: [...]
Tags: Investing
Random Thoughts
April 27th, 2005 · 1 Comment
Every week, I go through a whole lot of reading material to keep myself informed about what is happening in the markets and things that affect me from a personal finance perspective. Here are some of the stories I’ve been following lately:
TD Bank doesn’t think there is any housing bubble in Canada. I happen to [...]
Tags: Miscellaneous
Investing and Surgery
April 27th, 2005 · No Comments
Have you seen the TV commercial for an investment firm that shows a man with a shiny scalpel on the phone with his surgeon, who is giving instructions on where to make the incision? At the end of the conversation the man asks: “Shouldn’t you be doing this?” The underlying message is that investing is [...]
Tags: Miscellaneous
A Housing Bubble?
April 26th, 2005 · 20 Comments
Fellow blogger Ben Jones consistently argues in his The Housing Bubble blog that a real estate bubble in housing prices can be found not only in the United States but also in many countries around the world. I’ve made earlier posts about the bubble and what I intend to do about it?
I wanted to take [...]
Tags: Housing
Tech Value?
April 25th, 2005 · 2 Comments
After an 11% YTD decline in the NASDAQ, many analysts think that technology is now in value territory according to this New York Times column. Their main argument is that the earnings growth forecast for tech companies is too low. American companies have a lot of cash in their balance sheets and the bulls are [...]
Tags: Investing
Weekend Wall Street Journal
April 24th, 2005 · 2 Comments
The Sunday edition of The Wall Street Journal is always filled with interesting personal finance articles. It is the first thing I read online every Sunday. This week’s crop of articles include one that suggests investors consider the water sector to escape the market downtrend and another has insurance advice for young people just starting [...]
Tags: Miscellaneous
Buffett and Budweiser
April 22nd, 2005 · 2 Comments
Last month, I bought Anheuser-Busch (NYSE: BUD) in my retirement account. My primary reason for buying was that BUD traded at the low end of its historical valuation for a fine company that has consistently increased its sales, earnings and dividends. Yesterday, the stock popped 7% on the company’s terse announcement that Warren Buffet has [...]
Tags: Investing · My Portfolio · Warren Buffett
My Dumbest Investment
April 21st, 2005 · 4 Comments
My dumbest investment turns out to be not so much what I bought, but what I didn’t sell. Just out of university, I joined a start-up tech company in the go-go days of the late nineties. It was a good time to be an engineer. Companies held BBQs to hire software developers and gave away [...]
Tags: My Portfolio
On the Move
April 20th, 2005 · No Comments
For the last few years, I have been working in a small, privately held, software company. In a few weeks, I will be transitioning to one of the biggest software companies in the world. I am excited about the new opportunity from a professional standpoint. It will also be a very advantageous move financially. I [...]
Tags: Personal