Where to Do Your Investing

In the previous post, I wrote about the “what” and “why” someone would want to do investing of savings on their own rather than through financial advisors or pre-packaged bank products like Guaranteed Investment Certificates (GICs) or mutual funds. Some might be good for diversification of your portfolio, yes, though if you had time on your hands to let those savings grow, they’re not the best bets. Index funds or Exchange Traded Funds (ETFs) that basically give you a sample of the stock market that always outrun inflation and even 92% of financial advisors, as well as mutual funds that are some “average” of some investing by others, minus fees by the bank or institution offering them, are your best option with time. Then there’s the riskier stock picking, of course. But index funds, ETFs, and stocks, how do you do this on your own?

Continue reading

Facebook Deals Gets You Discounts, While Vendors Gets Your Info and You Advertise… FAIR?

As of today, Mon Jan 31, Facebook is offering deals in Canada through Facebook Places, although I imagine it’s slightly old news in the US and some other countries by now. What you give up in exchange is your “Facebook soul” in your demographic information, which could be singled out if there aren’t many users doing it at the same time, like at a small business, and you end up advertising with a status update that goes out to all your Facebook friends.

Continue reading