As discussed in Saskatchewan Economic Success, natural resources are a key driver for the province’s current economic success.
Learning about Saskatchewan’s natural resources is important for many different people and for multiple reasons.
And not just for those living in Saskatchewan. Or only the natural resource sectors. (more…)
Avoiding an investment bubble is not as easy as it may seem. If it were, investors would take appropriate steps and the bubble would never be created in the first place.
So what can you do to avoid losing a lot of money quickly? Let us consider some common sense avoidance tips.
Learning how to invest while young is likely the best investment in time you will ever make. You can attempt a variety of strategies on paper. If they succeed, they may be used with real money once you have some to invest. If they do not, you learn a valuable lesson without losing any money.
Today, let us look at ways to practice identifying investment bubbles. (more…)
Following on from “Three Common Investment Mistakes” and the impact of behavioural finance on investing, let’s take a quick look at investment bubbles.
Most of you are familiar with the US housing crash over recent years. Some of you may also remember the dot.com craze in the 1990s. Those would be examples of bubbles breaking.
In his very interesting work, The Ascent of Money, Niall Ferguson lists 5 stages of an investment bubble. The headers are his. The editorializing is all mine. So do not blame Niall. (more…)
Recently we have explored developing investment and business ideas from unusual sources.
Jay Walker uses his library to help stimulate his business creativity. (more…)
In a prior post, “Investment Ideas Come From Everywhere”, we looked at how potential investments can be found pretty much anywhere.
But at the U-haul shop? (more…)
Smart investors find clues for making profitable investments in all sorts of places.
You do not just find good investments by reading the financial pages or watching the business channels. You can uncover investments at work, when shopping, on vacation, or in even stranger places. (more…)
I tend not to make general recommendations.
Each person is unique and what one person enjoys, another will not.
Please subscribe to the Personal Wealth Management RSS feed for free, easy access to new posts.
© 2009-2012 Personal Wealth Management All Rights Reserved
