I am wading in on investing in discounted debt to make solid money on funds while equities appear expensive. I have followed David Tepper and Prem Watsa who both use discounted or distressed debt at times for impressive returns and look to make similar investments to get great returns on what would otherwise be idle […]
After watching the movie the Big Short I heard all about mortgage backed securities. It makes me nervous to learn that a major Canadian bank is putting together a similar type of product. I am not saying it will be filled with bad mortgages but it does raise a question for me is why now […]
Enjoying a vacation south of Cancun. Do it yourself value investing’s long term approach and margin of safety make vacations stress free. Plus the stock market has had big gains this week. Love it.
Two videos covering four great reasons why I invest for myself. Compares mutual funds, etf’s and stockpicking. Do it yourself investing does not have to be hard and even using low cost etf’s can help returns. Story on why invest for myself
Deciding to retire is a big step. One has to make sure there is enough money to live on and afford to do things one wants to do once they are not working. I have talked to retired people who do not know what to do with themselves and the extra time they have. It […]
Earlier, in the website I wrote on saving money to have money to invest. I recently retired from a six figure job and now have to spend according to my income. There is a decrease of $1,850 from my working after taxes income. Here are 5 savings I initiated. Cutting Cable TV – I used to […]