Aggressive investing and saving for a home don’t mix + MORE Jan 14th

 
 
SPEEDREADER
Book: Adaptive Markets: Financial Evolution at the Speed of Thought
Author: Andrew W. Lo
Publisher: Princeton University Press

https://www.amazon.ca/Adaptive-Markets-Financial-Evolution-Thought/dp/0691135142

Price: Hardcover $42.28, Kindle $33.99
WHO IT’S FOR: Anyone interested in investing or financial markets in general.
MORE SPECIFICALLY: Those interested in taking a fresh look at efficient markets and whether they actually exist.
WHAT’S THE THESIS? Lo delves into why the theory of market efficiency isn’t wrong—just incomplete. And he offers his own take on the Efficient Market Hypothesis (EFH) with his Adaptive Markets Hypothesis (AMH), in which rationality and irrationality co-exist.
IN A NUTSHELL: Lo uses research in evolutionary biology, psychology, neuroscience and artificial intelligence to explain how human behaviour shapes the markets, leading to swings between stability and instability, profit and loss, innovation and regulation. The book is an overview of developments in fields ranging from economics and behavioural finance to neuroscience and artificial intelligence—all influences on the adaptive markets hypothesis Lo Proposes as a framework for finance that considers both rational and irrational behavior…

Save, invest, prosper with My Own Advisor.
2018 Financial Goals Another year, another set of goals…and why not? In years past we’ve accomplished a lot by documenting our financial goals and trying to maintain some accountability to work towards them.  Here are some of the great milestones we’ve achieved since running this blog; keeping tabs on our money for today and for…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2018 Financial Goals is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.

Me and My TFSA: Cordell VanGenderen
AGE: 21   PLACE: Calgary AB
TFSA TOTAL: $31,834
STRATEGY: Mix of growth and dividend-paying blue chips
Like father like son. A recent Me and My TFSA profile generated a lot of interest and here’s another part to the story, the son. Cordell is a 21-year-old university student at the University of Saskatchewan. He’s doing an undergrad degree in science and hopes to one day specialize in medical tech research. Cordell still remembers the day he got interested in stocks. “It was 2010 and my big brother Derek and I had gone to the bank with my dad,” says Cordell. “I had gift money in my savings account as well as some money from my part-time job refereeing. That’s when my dad introduced us to stocks and the potential for bigger compounding gains.”
In fact, in 2010 Cordell’s only investments were in GICs and he distinctly remembers his dad openly wondering why they were investing in GICs if they were only getting 0.5% returns. “He then walked me through his stock investments and showed me the dividend returns he was getting, as well as the capital appreciation and even at that young age I could see that stocks offered the best potential for big gains over time…

The Motley Fool Canada3 Dividend Stocks That Are Feeling the Impact of Minimum Wage HikesThe Motley Fool CanadaThe Ontario minimum wage hikes have been greeted with immediate controversy to kick off 2018. The Bank of Canada ignited speculation after releasing a research note that projected 60,000 jobs could be lost due to minimum wage hikes across the country …In minimum wage debate, gender wage gap is being forgottenToronto Starall 10 news articles »