Archive for the 'Economics' Category

I’m going to have to pay myself a salary soon, and I’ve been learning a lot about the different taxes that one has to pay, both on the employer and the employee side of the equation! Canada has always been known for having a relatively high level of taxation, but as I’ll soon show you, […]

35 Comments Kevin on Jun 18th 2012

  Is there such a thing as a guaranteed rate of return? There seems to be a trend for people to “flock to safety” by buying certificates of deposit (CDs) or their Canadian equivalent, guaranteed investment certificates (GICs). There is no risk if a capital loss, at least in nominal terms.   However, money is […]

39 Comments Kevin on May 9th 2012

The following post is by staff writer Teacher Man, who writes at My University Money. While the budget that was announced last week wasn’t exactly revolutionary (despite what political spinsters on either side might have you believe) I believe that it was a small step in an overall paradigm shift that is subtly taking shape […]

7 Comments Teacher Man on Apr 4th 2012

Last week, I talked about the three stages of financial despair. We all want to get out of the rat race, but before we get there, we need to get out of the hole and onto level ground. Financial freedom Financial independence is one of my life-long dreams. I don’t really believe in the “traditional […]

59 Comments Kevin on Dec 12th 2011

There is a concept in economics known as comparative advantage. The idea is that we are better off by specializing in the things that we are good at, and trading with others for the things that they are good at. We’re all better off as a result. It doesn’t even matter if one person is better than […]

17 Comments Kevin on Oct 27th 2011

We’re entering a new season, nearly three years after the beginnings of the worldwide recession. Government stimulus plans have not turned things around; in fact, they have added significantly to the debt without much to show for it. Will Europe get over their debt woes? Will China save us all? Where do we go from […]

5 Comments Kevin on Sep 13th 2011