Millennial Revolution: Updates Mondays, Wednesdays, and Fridays.




Live Free

Let’s Go Exploring! Galapagos: Sea Lion Shenanigans and Swimming with Sharks

It took us 19 hours of flying, 8 hours of layover, 4 flights, and a Hell of a lot of turbulence to get to the Galapagos. So when I stepped off that plane, exhausted and cranky, I thought “this better be worth it”. Half an hour later, after dropping off all our stuff, we took a short walk from our AirBnb on San Cristobal to the beach. The second our feet hit the soft, golden sand, Wanderer pointed excitedly towards the rocks near the water. “Whoa, I think I see a sea lion hiding behind that rock!” I laughed, took […]

The Yield Shield: Corporate Bonds & High Yield Bonds

Continuing on our little mini-series on how we build our Yield Shield (Read up on Preferred Shares and REITs if you missed it), today I’d like to talk about bonds. I’ve been lumping bonds together into one asset-class tracked by a broad ETF like VAB or BND, but the truth is the bond market is a bit more complicated than that. Usually, when people talk about bonds, they’re talking about those issued by the government. These are seen as ultra-safe and unlikely to default, since the government can always raise taxes to pay off bondholder’s interest payments. These are also […]

Do You Want to Be a TV Star?

One of the most memorable experiences, that I haven’t shared with you yet from FinCon last year was that I was filmed for a movie! The “Playing with FIRE” documentary is the brainchild of Scott Rieckens, an Emmy-nominated filmmaker, who after listening to Mr.Money Moustache on the Tim Ferris podcast, had a “Harajuku Moment” where he describes his earth-shattering revelation that FIRE (Financial Independence Retire Early) is the change in his life that must happen and he simply could no longer live without. So distracted was Scott by his new revelation, that he ended up being an hour and half […]

Friday Reader Case: Our Failed Muskoka Dream

It’s Friday and that means it’s time for another reader case! This family of 5 hails from the frozen white North and have just had their Muskoka dreams dashed. How will they get out of it? Let’s find out: “We are a family of 5 plus an au pair that helps with our childcare for our three young children. I am a pediatric critical care nurse and my husband works in technical sales for large industry. We are 33 years old. We make a decent family income of about $180,000, and thought we had things planned out when we left […]

The Yield Shield: Real Estate Investment Trusts

Since FIRECracker started a food fight on Monday by calling out the Toronto Home Boners, today’s article will be about… …the real estate we own in Toronto. Wait, back up a minute. Say what? What I am referring to is, of course, Real Estate Investment Trusts. What Is a Real Estate Investment Trust? A Real Estate Income Trust (or REIT) is basically a corporation that owns and manages investment properties all around the country. Those properties can be office buildings, commercial storefronts, shopping malls, and in some cases residential apartment buildings. The REIT owns the building, takes care of maintenance, […]

Social Media Auto Publish Powered By :
Want to join 30,000 monthly readers and get new posts in your inbox?