My portfolio is not what most would call diversified. I am about 70-80 percent real estate, 10-15 percent permanent life insurance and about 10-15 percent higher risk stuff. My only stock exposure is only high-risk stuff like mining companies on the Toronto Stock Exchange. To be clear, I am not advocating for this approach. That’s […]
For the last year, every week I sent out a “weekly wealth widget” every Friday. Last week, I wrote an article about speculation and asymmetric bets. It was a good article and I was waiting to see your responses on Friday morning. But then…something happened. It didn’t come out! Of course, my immediate response was to curse at […]
Back to Basics. What is exactly is the wealth formula again?