Aug 212014

Tweet Since last week went so well, here’s another post from Eddie. He blogs at Summaticus, which is worth a couple minutes of your time.  Every human being lives in a world governed by the laws, principles, and concepts of economics. Our lives are subject to the principle of scarcity, in that the earth only possesses limited resources to satisfy our infinite needs and desires. At a microeconomic level, a person has a limited amount of capital to satisfy their needs, wants, and aspirations. Therefore, we must hone our decision-making Read More [...]

Aug 202014

Tweet I stumbled upon an interesting article over at Seeking Alpha yesterday, talking about margin debt and how its growth nicely correlates with the stock market in general. Let’s steal a small part of his work. As you can see, the price of the S&P 500 and the level of margin debt have moved pretty much hand in hand throughout the whole chart. The author of the piece breaks it down even further, suggesting that most major stock market corrections were actually predicted by margin debt, which peaked a few Read More [...]

Aug 192014

Tweet As I’ve mentioned approximately 6,395 times before (author’s estimate, but I’m pretty sure it’s right), you need to read a ton if you’re going to be a successful investor. Personally, I read at least a couple hours a day, and maybe even more. I have a book that I’m working on (currently The Snowball, Warren Buffett’s biography, for the third time), I read Seeking Alpha and of course Motley Fool almost every day, and I cruise the interwebs for all sorts of interesting stuff. I also stumble upon interesting Read More [...]

Aug 142014

Tweet (Hey kids, Nelson here. I’m breaking my no guest posting policy for the day for Eddie, who blogs at Summaticus. No, not that Eddie. A different, better one. If you like the serious parts of Financial Uproar, I’m pretty sure you’ll like Summaticus. His full bio is at the bottom. Take it away, Ed-ster.) This article is a commentary based on the Forbes article written by Amy Leyishian. I am familiar with the Myers-Briggs test and was intrigued by this article. I have expanded on a few thoughts. Protectors Read More [...]

Aug 132014

Tweet If I had a crystal ball, I would probably be using it to predict more fun things than the stock market. Also, I’d be a gypsy, and nobody likes them. Not even gypsies like other gypsies. Now that we’ve concluded that I don’t definitively know that the market is going down, I think we’re in the beginning of that correction all the kids have been talking about. Bear markets don’t happen right away, but I think craziness from Russia/Ukraine  and weakness out of China will start to bring the Read More [...]

Aug 122014

Tweet If personal finance aficionados were in charge of the world, a LOT of things would be different. You guys have no idea. First, we’d all have separate savings accounts for travel. This would be mandated with all the enthusiasm of Brad Lamb shilling his latest condo development. The vacations wouldn’t *have* to be exotic, but you’d get mocked endlessly if you spent your travel fund  going to Saskatoon. Secondly, we’d all churn credit cards to get reward points, but only once our debt was paid off. Because, obvs. Y’know, see Read More [...]

Aug 072014

Tweet When it comes to a lot of things, I’m above average. Handsomeness, for instance. I’m mucho good at that, just ask my girlfriend: I have no comment at this time. Well. Never mind. At the risk of tooting my own horn excessively, I’d say I’m above average at accumulating capital. Part of that is because I’m a cheap bastard. I went to a baseball game last night and sat in the cheap seats, instead of blowing my cash on nicer tickets. I regularly stay in 2 star hotels, because Read More [...]

Aug 062014

Tweet If you’re anything like me, you read The Snowball (number 17 on the Uproar Reads list) and probably loved it more than you ever thought it was possible to love a book. I loved how Buffett was a complicated man, almost childlike in a lot of ways, while being extraordinarily intelligent and hard working. I loved how Buffett barely tolerated his kids when they were young, choosing to spend his spare time upstairs staring at annual reports. I even enjoyed reading about the affair he probably had with Katherine Read More [...]

Aug 042014

Tweet I’ve been blogging for about 4.5 years, and I can’t believe I haven’t done this post yet. I have failed you all, and for that, I apologize. Like, from the bottom of my heart, which is approximately 3 sizes too small. FINALLY, A DR. SUESS JOKE ON FINANCIAL UPROAR. Enough dilly-daddling. It’s time for some unethical life hacks. The concept is simple. Unethical life hacks are things that make your life easier, but are things that you probably wouldn’t want to do. Some of them are just mean, while others are Read More [...]

Jul 312014

Tweet It’s Thursday, which means it’s your weekly helping of Vanessa. No, you cannot have seconds.  Teaching English to (mostly) adults has some pretty neat perks. For one, I get to have delightful discussions in my conversation classes about a whole range of topics — travel, weddings, philosophy, aaaaand, my absolute favourite… money! I bring up money and the economy SO often and I love hearing opinions from people of a different culture. Here are some things that I’ve learned: Girls get an allowance until they’re married, men until they Read More [...]