Building Wealth And Being Happy

A Practical Guide To Financial Independence

Month: December 2016

Currency Risk And Home Country Bias

I’m getting a lot of questions about asset allocation and the percentage of your equities (stocks) you should allocate to your home country. This is a much bigger question for those of us who live outside of the world’s largest economy but still want to be heavily invested in it. With that in mind, I’m posting an excerpt on currency risk from my book. This is a controversial topic so […]

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Norbit’s Gambit – An Investment Fee Lowering Technique

In Building Wealth And Being Happy: A Practical Guide To Financial Independence, we discussed how even the smallest of investment fees can have a large, expensive impact on your portfolio. Management expense ratios (MER), made up of both operational and administrative fees, are even higher in Canada than they are south of the border. For this reason, many Canadians who are striving for fee-optimal portfolios use a strategy called Norbit’s […]

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Where to put your savings – USA [Flowchart]

If you’ve read my book Building Wealth And Being Happy: A Practical Guide To Financial Independence, you may remember that I had to cut some of the images out because of formatting issues. I promised to include supplemental info, and now I am! Here’s a flowchart that will help you prioritize your savings if you’re American. If you’re Canadian, click here. Emergency fund. Keep 3-6 months worth of expenses in […]

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Where To Put Your Savings – Canada [Flowchart]

If you’ve read my book Building Wealth And Being Happy: A Practical Guide To Financial Independence, you may remember that I had to cut some of the images out because of formatting issues. Here’s a flowchart that will help you prioritize your savings if you’re Canadian. If you’re American, get out of here! Go to your own flowchart.   Emergency fund. Keep 3-6 months worth of expenses in a high […]

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