Dividends are not irrelevant. They are the REASON for a stock’s existence. Those who insist on the irrelevance of dividends, need to ask themselves a simple question: Would you hold Google stock if you could never sell it? Google famously doesn’t pay dividends. So let’s say tomorrow Google announces that at the end of the … Read more
On September 18th, 2023, my wife and I bought our first (and only) house all in cash in downtown Toronto at the best condominium in the city. We rented and invested our money for 19 years in the stock market, and today, after pulling out our investments at the age of 40 and 41 respectively, … Read more
Fractional reserve lending and the creation of money by banks is a bedrock of modern economic activity. However, despite its benefits, it’s fundamentally disrespectful and an affront to our sensibilities because it goes against what we’re all taught from a young age – that money is valuable and must be cherished and worked for. People … Read more
A full breakdown of my net worth which has finally crossed Rs. 50 Lakh. I think I can finally start looking forward to my retirement!
I have to pay 30% tax nf my future income for the year in September. How am I supposed to foresee my income before I’ve earned it? Use a crystal ball?
I’m set for retirement at 55. But I’m only 30. Good grief I have to work for 25 years more! Impossible. How am I going to manage it?