DRIP Investing.

I like my investing the way I like my coffee.

coffe-2359488_960_720

In my office we have a coffee connoisseur.

He makes his cup of Joe in a French press twice a day with incredible meticulousness. First, he coarse grinds his beans at his desk by hand with a little manual machine. Then he puts it in his press, pours boiling water in it and gives it a stir. He waits precisely 4 minutes to the second before pushing down on the plunger and pouring the brew into his mug, mixing it with some hot milk he has just microwaved. It’s an absolute symphony to watch the preciseness of it all. It’s also so much damn work.

Me? I watch it in bemusement with my cup of drip Kirkland brand coffee. It’s the cheaper and easier way to get what I want – just like my investments.

Continue reading “DRIP Investing.”

Advertisements

A Guide to Dollar-cost Averaging

Why I invest my money, two weeks at a time.

investing

I’m a risk averse person. I don’t bike in the city, I don’t enjoy jumping into water, and I don’t even dare go ten above the speed limit (put me in the slow lane, thanks very much). When it comes to my investments, it’s very much the same thing.

Continue reading “A Guide to Dollar-cost Averaging”

When Index Investing, I Skip the TSX

Canada is great. Its major stock market index is not.

canadian flag.jpg
A diverse nation with an undiversified index.

Passive investing is in, active investing is out. The literature is all there, frequently citing how a passive fund tracking the major international indices will frequently outperform actively managed mutual funds. Those passive index funds also have lower management fees, to boot.

Continue reading “When Index Investing, I Skip the TSX”

August 2017: Financial Update

IMG_20170820_153257
The site at Evergreen Brick Works

The last month of summer came and went, and with it went $2046.37 in expenses, inclusive of higher entertainment, dating, and food costs. With fall approaching, sometimes you just have to cram in missed opportunities, right?

My savings rate of my take home pay for this particular month was 56.9%. Not quite as good as August last year, but a number I’m still quite happy with.

Continue reading “August 2017: Financial Update”