Does High Inflation Destroy the 4% Rule?
Move over, coronavirus. After dominating the news for 2 years straight, the buzzword that has now taken over the financial media is no longer the dreaded C-word, but the dreaded I-word: Inflation. Inflation used to be something we read about in the history books. Well, not anymore. With inflation hitting 20-year highs all around the world and everything from a tank of gas to a package of hot dogs becoming more expensive that it was even a few months ago, all of a sudden inflation is the issue that everyone’s talking about. So let’s talk about it here. Over the […]
Will There Be a Recession in 2022?
These past few weeks have been an excellent time to get out, enjoy the nice weather, and ignore the financial markets because YIKES, have they been volatile! The Dow Jones Industrial Average lost 1,063 points, or 3.12%, to close at 32,997.97. The tech-heavy Nasdaq Composite fell 4.99% to finish at 12,317.69, its lowest closing level since November 2020. Both of those losses were the worst single-day drops since 2020. Dow tumbles 1,000 points for the worst day since 2020, CNBC.com The S&P 500 fell more than 13% between January and April of this year. That’s the worst four-month start to a year […]
How To Avoid Investment Scams
- Let’s Go Exploring! Zagreb, Croatia: Quirky Museums and Eye-Opening History - January 23, 2023
- Our 2022 Expenses - January 9, 2023
- Can You Buy Happiness? - December 26, 2022
Back in 2015, while travelling, we went to the Canadian Consulate in Chiang Mai, Thailand to request some tax documents for our first book. There, we met another Canadian, who was trying to convince the Canadian consulate to fly him home for free because he’d run out of money. Let’s call him “Nick”. Nick, as it turns out, was in a dire situation because after selling a multi-million dollar company, he’d bet hard on a second start-up, which was hemorrhaging money and was in Thailand with his Thai wife, hiding from his creditors. He started chatting us up, saying how […]
How to Invest When the World is on Fire
Has the news been freaking you out lately? Has the war in Ukraine been making you seriously question your portfolio choices? Have you been thinking of pumping the brakes on investing, or moving everything to cash? You are not alone. I’m not sure how this happened, but our inbox has become an interesting sample of broad investing sentiment. When times are going great, our inbox fills up with emails asking “Stocks are too expensive, what do I do?” When times are going not so great, our inbox fills up with emails asking “Stocks are falling! What should I do?” These […]
Investing During High Inflation
So how’s everyone’s 2022 been so far? It’s only been a month or so into the new year, and already some pretty momentous things have already happened. At the beginning of the year, there was quite a bit of news to feel crappy about. A new COVID variant of unknown transmissibility and deadliness was rampaging around the world. A push for boosters renewed the mad scramble for vaccines that we thought were a distant memory. And multiple cities (including ours) had re-implemented lockdowns. What a difference a month makes. Now, multiple governments all around the world (including up here in […]