We’re having some crazy days on the market for the last month or so and it looks like we’re entering a time of slower economic growth. This new economic cycle will be a time of volatility and fewer company profits which equals less stock price appreciation. To compensate for this slower growth, investors should be […]
Posts By: David Lester
Make a Mean Bird on a Budget this Thanksgiving
Thanksgiving can be a VERY expensive holiday. You have to buy an expensive bird, booze, and tons of veggies and desserts. After an expensive summer holiday with the kids, who has money left for a big holiday now? Because we LOVE our family and friends so much we still want to make it super special. […]
5 Ways to Put Your Cash on Cruise Control
It’s Fall now and there is so much to do that is more fun than paying your bills. Wouldn’t you rather carve pumpkins, shop for new turtlenecks or take the kids for a drive to see the changing leaves? Why not set up your money tasks so that they are off your to do list […]
Millions For The Middle Class!
THANK YOU EVERYONE! My new book from Middle Class to Millionaire is doing so well! It has been such an honour to meet so many of you who are doing well already or who need a bit of a help with the aid of my book. I’ve been from coast to coast doing book signings […]
Are Robo-Advisors Right For Millennials?
There has been a lot of press about these new fangled Robo-Advisors coming to the market and word is that it will be the preferred asset collector for millennials. So what can these new Robo-Advisors do that old school advisors or mutual funds can’t do? Recently Power Financial invested in one of the Robo-Advisor providers […]
5 Money Hacks for Students
Hey Money Monkeys, It’s back to school time and I thought I’d share with you some of the things I did (years ago!) to stay on top of my money when at school. If you start building your good money habits when you’re in school, they should stick with you for the rest of […]
5 Ways to Become Debt Free in 10 Years
Since debt became super cheap after the Great Recession, we all have taken on a ton of of it. According to a TransUnion report nationally we have an average of $27,000 in non mortgage debt and according to a Manulife Bank report have an average of $190,000 in mortgage debt. That’s a ton of debt! […]
6 Ways to Take the “Bite” Out of Visiting the Big Apple
I just came back from NYC and I wanted to pass on some of my money saving strategies. I saved money on everything from dining, roaming, hotels, attractions to my cell phone bill. It is easy to spend a ton in NYC with the exchange rate and higher Manhattan prices and after many trips I’ve […]
3 Easy Investment Lessons
When I was 9 I had my first mutual fund. My Grandma and Grandpa had given me money and I took it to my parents’s financial planner to invest. I had been reading up on mutual funds and knew that “diversification was the only free lunch in investing”. I’d sit for hours and MANUALLY enter […]
Plato, Money, and the Ideal Life
A great way to focus your money and efforts is to set solid goals for yourself. This time, instead of just writing down the same old stuff like going to the gym and reading more — blow out your ideal life. Plato wrote about his theory on True Forms and I’ve applied it to people’s […]