YES, IT IS DIFFERENT THIS TIME – About two and half years ago, the NASDAQ index reclaimed the high mark it had set a decade and a half earlier when the dot-com bubble was at its most inflated. Rather than being met with hand wringing and apprehension, however, the re-crossing of this once frothy threshold generated little angst amongst the investing public and not even much fanfare from the ordinarily excitable financial press.
Click here to read more: DM-Monthly-Report-Jan-18
If you’ve made a resolution to be more disciplined with your spending, or you’ve overspent over the holidays, a budget is a good way to get back on track. Here’s a good article from Practical Money Skills that you might find helpful.
A budget is a plan, an outline of your future income and expenditures that you can use as a guideline for spending and saving.
Only 47 % percent of Canadians use a budget to plan their spending. But Canadians are feeling more in debt than ever with 90% saying they have more debt today than five years ago. A budget can help you pay your bills on time, cover unexpected emergencies, and reach your financial goals — now and in the future. Most of the information you need is already at your fingertips. Read more
Too Far, Too Fast? – Stretched, overdone, long-in-the-tooth. Unprecedented. As gains pile up, such labels are being applied more frequently to stock markets and, with another strong year now in the books, they aren’t likely to be put away anytime soon. Of course, underlying these descriptions is a nagging fear that things are going too well, that today’s growth will eventually be reciprocated in tomorrow’s crash. With the long shadow of the financial crisis still cast across investor memories, bouts of trepidation are understandable.
Click here to read more: DM-Portfolio-Commentary-Q4-17