A Guide to Dollar-cost Averaging

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


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.

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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.

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August 2017: Financial Update

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.

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Get your MBA for Free.

How I completed a 20-month MBA without a significant change in my net worth.


Back in 2012, I made a decision that accelerated my career and income potential. I did an MBA. Three letters that mean: smart, employable, qualified.

The source of this big leap back into academia originated during my job as a project coordinator. I would sit in meetings with project managers and it was very obvious that they all made way more than me. After some LinkedIn stalking, I found that they all had business degrees.

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July 2017: Financial Update

Four birthdays, a wedding, and a funeral.


For the second year in a row, July comes in at my worst performing month spending-wise. The birthday celebrations and weddings always seem to hit this month hard, not to add the very sad passing of my girlfriend’s father.

My savings rate, excluding investment income, for July was  41.9% 47.8%. This number has been revised to be inclusive of my pension deductions, based on reader feedback.

For the month, I spent $2459.87, which is quite high by my standards. Ouch! Granted, if I excluded the outlier items such as gifts and charitable contributions, I’d be in the typical range of my spending of below $2000.

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Staying Entertained in Toronto on the Cheap.

How I keep my entertainment expenses in check.


Last month, my company had a staff event: dinner followed by a Jays game – all expenses on the attendee of course, since we’re in the public sector.

As the ambitious worker bee who understands the value of networking (it’s how I’ve literally gotten every job I’ve worked), I woefully signed up. By the end of the night, I had spent close to $60 combined on the ticket, one concession item, and dinner and a drink at the fancy Rec Room. $60! My girlfriend then reminded me that really isn’t that much relative to other people.

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June 2017: Financial Update

Summer and a three pay check month.

Summer is officially here and June means it’s a three pay check month – not that I’m spending any more than I need to.

Blue Whale Exhibition at the ROM. Got free tickets from EQ Bank!

In fact, even though in a three pay check month I technically saved over 66% 69.55% of my income (this number has been revised to include pension deductions at reader advice), I’m still not doing as well as I’d hoped, overspending to $2,135.41 for the month. What did that look like?

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