Figure #1: Canadian bloggers to follow in 2017 In one of my recent posts, I provided a guide on how to improve your financial health and recommended a few personal finance bloggers that I personally followed and learned quite a bit of personal finance concepts from their unique perspectives. Each personal finance blogger shared Read More …
Author: Leo T. Ly
How My Client Saved $30,000 When He Sold His Home
Figure #1: Home Sold. Recently, one of my client’s transaction was closed. It took almost half a year from the time that we started the work to get his property ready to be listed on the market to closing the sale. Looking back at this transaction, there were many noticeable events that are worth Read More …
Part 2: How To Improve Your Financial Health
Happy New Year Isaved5k readers. Welcome to the first post (second post if you count my giveaway post) of 2017 and I hope that you’ve had a great holiday and are ready to jump-start 2017 with a bang. I am happy that you are here, which means you are interested in having a healthy Read More …
The Isaved5k $2,017 Giveaway During 2017 – January 17, 2017
Welcome to the Isaved5K $2,017 giveaway during 2017. To celebrate the year 2017, we will be giving away a total of $2,017 CAD during this year. For our first giveaway, we’ll be giving away $200 of the $2,017 to one winner on January 17, 2017. This contest is 100% sponsored by yours truly, Leo T. Read More …
My 2016 Year End Performance Review
Ever since I started to manage my own investments, I often captured a snapshot of my net worth every quarter of the year, just like how publicly traded companies report their quarterly earnings. At first, I was just obsessed with comparing my investment performance to the S&P/TSX Composite index and S&P 500 index as I Read More …
Part 1: How To Improve Your Financial Health
Every year, right after the Christmas holiday, the fitness advertisements from health clubs, dietitians, exercise equipment manufacturers, weight loss products and exercise programs started to pour in. You’ll be bombarded by television commercials, radio ads, street billboards, ads on public transit, magazines, flyers delivered to your mailbox and even when you are surfing the Read More …
Freedom 48 Investment Toolkit: Foreign Market Investment Basics
When investing your money, it’s important to diversify your investment into different types of assets (such as stocks, bonds and real estate), different segments of the stock market (such as financials, consumer staples, utilities, technologies, telecommunications, etc.) and different regions of the world (such as North America, Europe, Asia, etc.). However, for a small and Read More …
Freedom 48 Investment Toolkit: Minimizing Your Income Tax
Before attending my first business class in university, I had always known that if I make any income, I’d have to pay income tax to the Canadian government, but I did not know approximately how much I’d have to pay. I think that I am a law abiding citizen and I am getting free health Read More …
Freedom 48 Investment Toolkit: Using Options To Improve Investment Returns
In my previous post, I covered the basics of margin account and options. For this post, I’ll go over the strategies that I used to buy stocks cheaper, sell stocks at a higher price, making money without selling or buying the actual stock, and pay less taxes. To fully execute these strategies, the basic Read More …
Freedom 48 Investment Toolkit: Margin Account And Option Basics
A while ago, in my emergency fund post, I used the buying power in my margin account as a way to access funds in case I need it for an emergency. Even though it is a viable and flexible method to get access to cash in a hurry, it’s not my true intent when Read More …