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Dec 2017Merry Christmas from Monty the Penguin
For each of the last ten years the British retailer, John Lewis, has aired what has become an iconic holiday season commercial. Although this year’s #MozTheMonster was clever, in my opinion nothing comes close to 2014’s, “Monty the Penguin”. Admittedly, it is a rather slick piece of marketing directly targeted to tug on our heart strings … and open up our wallets and purses! Having said…
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Jul 2017Why You Are Wealthy?
“Like all of life’s rich emotional experiences, the full flavor of losing important money cannot be conveyed by literature. You cannot convey to an inexperienced girl what it is truly like to be a wife and mother. There are certain things that cannot be adequately explained to a virgin by words and pictures.” – Fred Schwed Jr. (Author of “Where Are the Customers’ Yachts?” First…
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Jun 2017The Success Circles
“I cannot believe that the purpose of life is to be happy. I think the purpose of life is to be useful, to be responsible, to be compassionate. It is, above all to matter, to count, to stand for something, to have made a difference that you lived at all.” Leo Rosten I have a wise friend who shared with me how he helps individuals…
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May 2017The Pyramid of Investment Success
What is the secret to multi-decade, inter-generational wealth creation? Fortunately, it can be summed up in one easy illustration I call “The Pyramid of Investment Success”. I am utterly convinced that over 80% of one’s long term investment success comes down to a single variable … one’s individual behaviour. In other words, for many of us, our single greatest enemy in our quest for wealth creation is the…
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Apr 2017When NOT To Invest
“Knowing what you don’t know is much more useful in life and business than being brilliant” – Charlie Munger (Warren Buffet’s older, and some would argue, smarter partner) I am convinced there are Canadians who can actually invest successfully themselves. However, like the Loch Ness Sea Monster, they are often sighted but rarely actually seen! For long term wealth creation you need to possess what I…
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Feb 2017Time To Feed The Goose 2017
“Taxes are our way of feeding the goose that lays the golden eggs of freedom, democracy and enterprise. Someone says, ‘Well, the goose eats too much!’ That’s probably true. But better a fat goose than no goose at all” – Jim Rohn As I have now begun to receive a flurry of tax “T-Statements” I realize, once again , it is that time of year…
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Jan 201799 Reasons 2016 Was a Good Year
“The progress of human knowledge will be rapid, and discoveries made of which we have no conception. I begin to be almost sorry I was born so soon, since I cannot have the happiness of knowing what will be known 100 years hence.” – Benjamin Franklin It has been my practice to begin each year’s “Wealth with Wisdom” with a focus on the many positive…
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Dec 2016Merry Christmas featuring Buster the Boxter
Clearly, I realize this video is a TV advert for the British retailer, John Lewis. Cleverly, it utilizes the song, “One Day I’ll Fly Away”, performed by the Vaults. (The original song was performed by Randy Crawford and very much amplifies the commercial’s impact.) Creatively, it is a slick piece of marketing that is directly targeted to tug on our heart strings. Taking into account all…
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Nov 2016Top 5 Regrets Of The Dying
If you are reading this, congratulations you likely have more money than 99% of your fellow Canadians! I believe that having secured financial freedom one is much better equipped to focus on those life goals that are truly meaningful. Think of this exercise as a version of Maslow’s “Hierarchy of Needs”. Recently I have been introduced to Carl Gustav Jacob Jacobi , a German mathematician who…
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Nov 2016President Trump … Really?
The best argument against democracy is a five minute conversation with the average voter.” -Winston Churchill I’m going to assume that you were a bit surprised when you woke up to the news that “The Donald” is now the leader of the free world. I sure as hell was! So the question is, now what? Well, in keeping with our investment philosophy that we can…
