Money Management

The Secret to Financial Success

There is one thing that is of primary importance on the road to financial success. It’s not your income, or Registered Retirement Savings Plans, or home ownership, or negotiating a better interest rate from your bank. The most important thing that determines whether a person will be financially successful is controlling your cash flow. What…

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The Worst Plunge In Years

In late July North American stock markets suffered the worst decline in years. Or did they? I don’t mean to say that the markets didn’t come down. They did. What I mean is, was it really the worst downturn in years? Well, yes and no. And it’s mostly no. Here’s the thing about the financial…

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Making Good Decisions

I’m putting this column together on the day after Canada just beat Russia to advance to the gold medal game of the World Junior Hockey Championships. It was an amazing game. Many of you will remember this game. It’s the one where Russia scored with less than 3 minutes left in regulation time to take…

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Father’s Day

June 17, 2007 will be remembered as one of the great days in my lifetime. It was my first Father’s Day. A question that has puzzled mankind for eons is, “What is the meaning of life?” But all Dads know the answer when your little baby girl smiles at you. As I was puttering about…

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Investment Scams

They just keep popping up. The other day I realized that I don’t just have a house in the country. I have a dandelion farm. And I’ve got a bumper crop this year. I can mow the lawn and the dandelions are back in all their glory almost before the lawnmower engine is cold. I’ve…

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How To Not Screw Up Your Life

Just now I was consulting with Meagan on a situation where some people have found themselves in a jam, and she says, “You know, we need to petition the B.C. government to educate people starting in Grade 7 about how to not screw up your life.” “Ah ha, that’s the next column,” I said. There’s…

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