Invest

3 Money Lessons From Jay Z’s 4:44 Album

3 Money Lessons From Jay Z’s 4:44 Album

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  I finally listened to Jay Z’s new album 4:44. If you don’t have a TIDAL subscription that’s too bad, I hope, like me, you have friends with TIDAL accounts 😉 I kept bumping to the album for a week straight, I mean, it’s Jay-Z – it’s expected. On the second listen of the album, specifically the song “The Story of O.J” (which is my absolute favorite song on the album, btw) I realized that there were so many money and investing gems that I hadn’t learned and I want to share them with you. I hope you’ll find that Jay-Z wasn’t playing when he said: “I’m trying to give you a million dollars worth of game for $9.99” 😉 1. The value of long-term investing: “I bought some artwork for 1 million, 2 years later that sh*t worth 2 million. Few years later, that sh*t worth 8 million” Jay…

Investment Conversations With My Uber Driver

Investment Conversations With My Uber Driver

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I’m sure you’ve heard “You can get inspiration from everywhere”. But this was exactly the case this weekend. I got an Uber home from work and I quickly realized my Uber driver had all the personal  finance tea knowledge. It so happens that my new friend, John *real name withheld* is actually a financial planner and we spoke at length (well, for the duration of the ride) about different topics ranging from investing in the stock market, to the real estate market in Toronto. Safe to say that the 35 mins ride home was one of the best Uber rides I have taken in a long time. These are my key take-aways from my conversation with John: On selecting stocks to invest in: Investing in individual stocks can be daunting and also takes  a lot of research, that’s if you’re doing it right of course. This is in part due to…

7 Steps To Accomplish Your 2017 Money Goals

7 Steps To Accomplish Your 2017 Money Goals

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Whatever life you want to lead will cost you! The only way to lead the life you want is to save more or increase your earnings. This 7 step checklist will show you a few simple steps you can take to accomplish your money goals for 2017! Be On Top Of Your Money Where Does Your Money Go? In order to live the life you want and take control of your finances you must first figure out where all your money goes! The easiest way to do this is to get an app like Mint which shows you a weekly summary outlining all that you’ve spent money on. An old-fashioned but effective way to do this is to scan your bank statements each month or week this would show you all the places/ things you have spent your money on. Doing this quick exercise will show you the areas where…

INVEST IN YOURSELF YOU WILL GET THE GREATEST RETURNS

INVEST IN YOURSELF YOU WILL GET THE GREATEST RETURNS

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    Investing in yourself is the best thing you can do for yourself, not just for the future returns but also because of the current payoffs. Investing in yourself can take several forms but at its core it serves to increase your human capital. Wikipedia defines human capital as: “The stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value” In life, I’ve realized that a lot of us simply do not spend the time or money needed to invest in ourselves (the only one guaranteed investment in life) instead we give money to others by investing in the stock market, the latest gadgets, the newest cars, better homes, and so on – items that depreciate, or have wildly volatile returns. And all of this is fine and great, but imagine what could happen if we…

4 Things I Wish I Was Told About Money As A New Grad

4 Things I Wish I Was Told About Money As A New Grad

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You’ve finally graduated from university! You might be one of the lucky ones that get a job right out of university, or you might not be as lucky. Whatever, the case may be, no one told you that adulting would be this hard. You suddenly have to start paying all these crazy bills, including your student loan (if you have one), and have to start thinking about crazy stuff like getting married … or even having kids. *Shit just got real* There are lots of things I wish I was told about money and adulting when I first graduated. A year after my graduation, and there are 4 things I know now, that would make your life much easier as a new grad:        1. Treat Your Credit Card Like A Date That’s Too Good For You Credit cards come with a lot of problems and responsibilities and…