2022 Goals and Resolutions – Q2 Update
As some of you may know, I’m a goal-oriented person. I like to set challenging goals for myself so I can focus on reaching or completing specific tasks and plan out my actions. Setting yearly …
FIRE
FIRE = Financial Independence Retire Early
A large part of this website is about financial independence retire early (FIRE) and our FIRE journey. Topics include – What does financial independence retire early mean, How to achieve financial independence retire early, Lessons learned during our FIRE journey.
Let’s talk about FIRE!
High inflation rate & interest rates = recession? + Good reads from the PF community
The May consumer price index increased 7.7% from a year ago. Bloomberg estimates that the June inflation rate might be 8.4%! The actual June inflation rate was 8.1%, making it the fastest annual increase since …
Dividend Income – June 2022 Update & FI Journey Update
Wow, it’s hard to believe that 2022 is already half over. For the most part, June was cold and wet here in the Lower Mainland. Many people even used the term Juneary because it felt …
Is it time to re-evaluate Smith Maneuver + Good reads from the PF community
Since Canadians can’t deduct mortgage interests in our income tax filing, many Canadian homeowners use Smith Maneuver as a legal strategy to enable them to make their mortgages tax-deductible. Essentially, Canadians would borrow money against …
Is dividend investing stupid? + Good reads from the PF community
Recently I was featured in an article called “Experts say dividend-paying stocks are not for everyone.” Since the article is by The Canadian Press, it appears on many different sites and I certainly had my …
10 lessons I’ve learned along the FIRE journey
Although I grew up in a household where my dad retired in his early 40s and a couple of my cousins reached financial independence and/or retired early in their 40s, I had never really put …
Stock market volatility + Good Reads from the PF community
Wow, the stock market sure has been volatile lately. The retail sector is taking a big hit, just take a look at Target, Walmart, Amazon, and Costco. Ouch! Should you hoard cash and wait till …