It’s really hard to know what the next right move is. On one hand, things seem to be going well, and the charts are pointing upwards. This is nice to see, but how long can it last when the markets continue to reach new highs? Keep Reading
2018 is off to a wild start in the land of crypto. We’ve seen ICOs halted, scams boldly emerge, utility tokens be declared securities. Facebook and Twitter have banned ICO ads, and Mailchimp just announced: no more ICO or blockchain email blasts. I’ve forced myself not to check my crypto portfolio as Bitcoin and Ethereum continue to drop, and the media has all but declared Bitcoin dead.
We’re going through a shakeout, and I think it’s much needed. Keep Reading
Investing isn’t: throwing money at something and hoping it’ll go up because people say it will.
Investing is: looking at the fundamentals of the asset or opportunity and understanding exactly why, or why not, you think the value may increase.
This post originally appeared on Voleo’s blog.
PERSONAL FINANCE 101: TOP 5 TAKEAWAYS
Last Wednesday evening I had the pleasure of hosting a personal finance workshop for Ladies Get Paid, a New York-based but nationwide organization focused on helping women find career and financial success, at San Francisco’s GitHub headquarters. I’m pleased to say that the event made for a very engaging and interesting discussion on how different people manage their money, what their perceptions of the stock market are, and the various approaches to investing, whether through work in a 401k or directly through the stock market.
Besides your bag, which may be an investment in itself, there are a several specific accounts that are designed to help you financially plan for the future.
Gary Vaynerchuk hosted Tony Robbins on his Youtube channel on March 1st to discuss Tony’s new finance book, Unshakeable, and oh man, if you are interested in investing in the stock market, it is worth your time. Keep Reading
During the Q&A at the most recent Discussing Finance event held at Unbounce, the most common answer from the panelists was, “well it depends on your financial goals.” This answer was given to nearly every question asked regarding savings vs. investment, how much to save, how much to invest, what kinds of investments are best to get into, etc, etc. My impression is that because the tools most commonly discussed, RRSP and TFSA accounts, basically have one-size-fits-all recommendations (use them! Max out your contribution space!), there is a misconception about there being a straight path to financial success. Much like our careers, each person’s financial path and strategy is completely different from the next.
In order to determine what to do with your finances and how to create a personalized financial plan, you must start by defining your goals. What is most important to you? What you want to do with your money will determine your savings and investment strategy. Keep Reading
Don’t miss out! More information & tickets here.
See you Vancouver people on Wednesday!
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Last Wednesday marked the first event in the Discussing Finance series in Vancouver, and we want to thank all who attended! We’re very pleased to announce that not only did the event sell out, but oversold with guests arriving last minute looking for extra tickets and happily, we were able to fit everyone in. Keep Reading
Mogo Money recently submitted a piece to the Financial Post featuring 10 top financial tips from Canadian personal finance writers and experts. Among the contributors are Chantal Chapman, Jessica Moorhouse, Sean Cooper, and Olivia Lovenmark, on behalf of The Paper & Coffee. Keep Reading