EI Personal Finance - Track Your Results One Quarter at a Time

EI Personal Finance - Track Your Results One Quarter at a Time

by Express Innovation

Investing Self-Improvement

Season 1

Episode 11 - Build Investor Network

As you establish yourself as a self directed investor, it is important to build a network of like minded investors. We all have pre-conceived notions on investing approach but we need to maintain an open mind set and look to others for ideas.

Episode 10 - Play Macro Game

Today we explore some critical Macro Economic indicators that can affect our investments. We believe everyone should have some attention on unemployment levels, interest rates, inflation rates and historical stock market levels.

Episode 9 - ETF Strategy

This week we look at ETF's as an excellent investment for gaining equity or bond exposure with less risk. We see the combination of ETF's, stocks and fixed investments as an excellent combination for the long term investor.

Episode 8 - The 4% Withdrawal Rule

Today we stray a little from the usual broader topics to talk about the 4% Withdrawal Rule and how it may need some refining. This episode leans toward soon to retire audience, but also useful for others in their long term planning.

Episode 7 - Company and Government Freebies

This week we talk about areas of investment that attract support from companies and governments. RRSP's, RESP's, and TFSA's should be part of everyone's investing mix. How we manage these accounts depends on investment time horizon, risk tolerance and our long term plans. Company support for RRSP/401K's along with stock options can help drive our long term goals.

Episode 6 - Why We Own Individual Stocks

On this week's episode, we discuss the benefits (and risks) associated with owning individual stocks. We fully realize that index ETF's and Fixed Income investments offer reduced risk, but owning one or two top stocks from five to seven core sectors, allows investors to participate in significant upside and/or gain strong dividend gains.

Episode 5 - Chasing Hype and Doom

This week we talk about avoiding too much hype or doom in the markets. We have seen a lot of volatility in the last three months and fully expect this to continue. Using the 30 Minute Drill we stick to our plan and given the great runs of 2023 and 2024, taking some profit and re-deploying to cash and equivalents not a bad idea. Work with your advisor to re-calibrate your portfolio appropriately, but re-balancing should be part of the plan !

Episode 4 - Thirty Minute Drill

We walk through the Thirty Minute Drill using real life experience as we get set for 2025. We completed our drill this weekend - in 30 minutes - and now have a view of our YoY results and how we plan to do continue to grow in 2025 ! We also review Morgan Housel's book - "The Psychology of Money."

Episode 3 - Basic Research

On this week's episode, we discuss some basic research tools and how to integrate these resources into your investing strategy. It is often confusing to source consistent information on stocks, ETF's and markets, but with some modest effort, you can create a shortlist of go-to resources supporting your investing objectives.

Episode 2 - Compounding Simplicity

In today's episode, we discuss the power of compounding in our investment portfolios. Whether it is dividends being converted to new share purchases or taking profit and re-deploying the proceeds to other investments, our approach to invest consistently and drive upside.

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