Einstein: The Rule of 72
Einstein may not have invented the rule of 72 but he did make it popular. A very useful heuristic to estimate compound interest growth.
Einstein may not have invented the rule of 72 but he did make it popular. A very useful heuristic to estimate compound interest growth.
Einstein once quipped that insanity is doing the same thing over and over and expecting different results, an idea that applies beautifully to your financial life. Whether it’s paying only the minimum on credit cards,… Read More »Einstein and Your Money: Why Doing the Same Thing Keeps You Broke
Yup, that happy time in the Christian calendar when we can choose to change ourselves for the better. We can remove something we know we shouldn’t be doing, remove something we like doing to show… Read More »Sunday Thought: Lent is coming
What was the point of the Ontario Clean Air tests for cars? Not really sure, at first it was a tax grab, but after that it wasn’t so clear.
The Smith Manoeuvre is a controversial Canadian tax strategy that converts non-deductible mortgage interest into tax-deductible investment loan interest. This article explores the basics of the Smith Manoeuvre, discusses why some financial professionals caution against… Read More »Is the Smith Manoeuvre Still Worth It? A Canadian Perspective