the Wealthy Canadian

Empowering Investors

Entries from January 2009

Budget 2009 and Me

January 30th, 2009 · No Comments

It looks like the Canadian budget has passed with the support of the Liberals (not surprising, it did appear to be a Liberal budget) and with it the current government will get to keep their seats for a while longer.  Politics aside, how does this budget affect me?
First are tax cuts.  The basic personal amount [...]

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Tags: Economics · Planning

Expected Value of an Investment

January 29th, 2009 · 2 Comments

How to Make 7 Million in 7 Years has an interesting poll going on about what decision you would make if you were on Deal or No Deal, which gave me an idea for a post about expected value.  
Expected value is statistical tool that economists may use to determine what outcome to expect.  [...]

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Tags: Economics

Recession Hits Oil Hub

January 26th, 2009 · No Comments

There is an interesting article in the Globe today titled, “Oil patch cuts claim Alberta’s high-paying jobs.”  For those who don’t know, Alberta is Canada’s hub of the energy sector.  Alberta, has (some may say had) huge reserves of oil and gas, has the infamous heavy oil projects and Calgary (the largest city) is home [...]

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Tags: Economics · Real Estate

Inside the Mind of an Analyst

January 22nd, 2009 · No Comments

Mark Evans, on his blog All About Nortel, reprints an excellent report by NT analyst, Tom Astle.
Mr Astle reflects on the lessons that he has learned from his coverage of NT over the span of 15 years.
Capital structure is key, he says, knowing how to generate cash and raise money.  He mentions that many successful [...]

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Tags: General

Share Your Number – Review

January 16th, 2009 · No Comments

Today I am writing a review of ShareYourNumber.com
First I’ll start by explaining  What ‘your number’ is; well it seems to be based off of Michael Mastersons’ Seven Years to Seven Figures‘ book (a decent book, by the way, I should really review it sometime) where you determine what level of lifestyle that you’d be comfortable [...]

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Tags: Book Review