A “Fund of Funds” or “FOF” is an investment structure that invests in a portfolio of other investment funds rather than holding direct investments in stocks, bonds and other assets. The idea is that as an investor you can make a single investment in a Fund of Fund, while receiving the diversification benefits associated with investing in several different investment funds. Below is a chart which shows the typical structure of a Fund of Funds. [Read More...]
Holy Crap!, my wife is pregnant and life is about to change BIG TIME!
My head is spinning, primal hunter/gatherer instincts are setting in. Find food and water, secure shelter, wrestle beasts, protect the family! Time to review our behavior and make some financial changes ASAP…
Immediate thoughts in my head:
Batten down the hatches
Hoist the main sail
Build cash reserves and liquidity
[Read More...]
If you are holding an investment portfolio of stocks, bonds, mutual funds and ETFs then you don’t need me to tell you that the markets have been quite bumpy lately. Furthermore, there are no clear signs that equity market volatility is going to let up in the foreseeable future. Naturally, this forces individual investors to question their tactics or even their entire approach to investment management (and the value of their financial advisor).
Here are questions I am asking myself: [Read More...]
Today I am publishing a follow-up post to Neo’s 5-part blog series titled, “5 Key Planning Steps to Ensure Financial Freedom”, which focused on developing a detailed plan for achieving financial freedom. Once you have gone through all of the hard work of understanding your financial means, goals and budget, the next big task is the execution of your budgeting strategy. When setting up a system I always ask …Read more…
Unfortunately, I have been working way too many hours at my day job this week, which means little time for blogging creativity. Hopefully this is an anomaly and I will be back on track beginning on Saturday. The website redesign and logo competition is going well and I am hoping to have everything published for you this weekend. Oh, how I dream of having a …Read more…
My post was chosen to appear in the Canadian Finance Carnival at Canadian Finance Blog. Neo at NetWorthProtect.com presents 5 Ideas to Get Your Spouse or Significant Other On-Board with Your Savings Plan, saying “It is very important to make sure you and your partner are on the same page regarding your financial goals and how you plan to achieve these goals. Here are 5 ideas …Read more…
Last week I recommended splurging when it comes to your fitness. While I believe that an investment in your health is one of the best investments that you can make, I have to clarify- a wise investment doesn’t have to be an expensive one. So where can you cut costs? What fitness deals more than justify your expenditure? I’m not a financier; so I won’t go …Read more…
Everyone loves a good deal, and I’m no exception. I’m often willing to spend my time looking for the best price on a major purchase (ok, on any purchase) and I have absolutely no shame about my love of the sale rack. When it comes to fitness, though, I’ve come to realize that sometimes it’s worth a splurge. In a world of flashy (or just plain …Read more…
Pop Quiz: You have $70,000 and you MUST spend it. You have to choose between a 4-month trip around the world with a significant other or a brand new 2011 Porsche Carrera, which do you choose? Choose wisely, how you spend your money says a lot about you as a person… Ok, so this is not the most scientific testing process, but you get the point… Or do …Read more…
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