Just a short post today as I promise that FU will be back up to the usual posting schedule in a few weeks after my winter/spring project is finally coming to an end.
A few months ago I asked y’all if you wanted to hang out with THE MAN, THE MYTH and THE LEGEND, Nelson in Calgary. And people did want to hang out, which was pretty cool. Except it seemed like all of them were in the Toronto area. Thanks a lot, jerks.
Anyhoo, I’m planning a trip to Toronto to visit a buddy that lives in the area. So I’ll be in the city on June 4th to the 6th and I’d love the opportunity
for you to buy me a meal to meet some FU readers. We can talk about investing, running a blog, or how I manage to keep my physique so ripped.
If you want to arrange something either leave a comment here or fire me off an email (financialuproar (at) gmail) and we can work something out. No weirdos, please. Just kidding we’re all weirdos.
Seriously though don’t murder me.
The original title of this was going to be “want to hang with a creepy internet celebrity” but then I realized that would be a lie. I’m not a celebrity. I’m not even an internet celebrity, which is the saddest kind of celebrity.
Okay kids, here’s the dealie-o. One of the reasons why this here blogening exists is so I can talk investing with like-minded people. I don’t have a lot of investor friends in real life, so I’m forced to talk to y’all about it. This frees up time to watch TOM BRADY ABSOLUTELY DOMINATE BABY WHOOO while not boring these same friends with P/E ratios.
So I’m going to organize a little blog meet-up. We can all get together and talk investing, or personal finance, or whatever. These things tend to cover a wide array of topics. Anyone is welcome, so don’t worry about having a blog or anything like that. I want to open this up to everyone.
Except nerds. THIS MEETUP WILL BE COOLIES ONLY, DAMMIT.
I’ll be in Calgary for lunch on Saturday, February 2nd. Rather than stare at
the wall of McDonald’s my phone, I figure I could talk to you guys instead.
But here’s the deal. I’m not from Calgary and I really don’t know much about restaurants and whatnot. If there’s just going to be a few people then we can just show up anywhere and it’ll be fine. But if there’s going to be more than 6-8 then we’ll have to make alternate plans. So we don’t really have a location nailed down yet. That’ll be open to suggestions once I have a better idea about numbers.
I do have to be back home at a reasonable time that day, so I say we meet at noon exactly. If you are one minute late you will be banished to hell forever.
Here’s what you do
If you’re interested in coming to the Calgary meetup then do one of two things:
- Comment on this blog post. Put the correct email when filling in the info before you comment and I’ll be able to access it. Or post it publicly for all that I care.
- Reach out to me (financialuproar (at) gmail [dot] com) and tell me you want to come. Or find me on Twitter.
That’s about it. We’ll then decide where y’all are going to buy me lunch. Oooh I hope it’s classy!
These seem to be relatively popular, assuming I have any readers left. My mom is still here, right?
It turns out even she’s too embarassed to admit she reads this crap.
Alright, so here’s the deal. I’m doing an AMA over at the ol’ dividend investing website. So go check it out if you’d like, and please ask a question or two. I will cry if you won’t. WHATEVER I’M NOT AFRAID TO ADMIT IT.
Hey, regular readers. Just wanted to remind everyone that I’ll be appearing live on Business News Network (BNN) today at 10:45 a.m Eastern Time (8:45 here in Alberta). If you’re reading this before I’m on, DROP EVERYTHING and tune in. I guarantee* it’ll be the handsomest TV you’ll see all year.
*Guarantee void in Tennessee, all other 49 states, 10 provinces, and two territories. Nunavut, we cool.
If this is your first time here, welcome to the greatest website in the history of the internet! There’s no way to dispute that, so you’re just going to have to believe me.
Financial Uproar is where Bay Street meets Main Street. It’s a blog for regular Canadian investors who are good at saving but struggle with where to put their money.
I firmly believe one thing. Regular folks are capable of managing their own investment portfolios. You can take a somewhat hands-off approach and put your money in ETFs or you can invest in one of the thousands of active investing ideas that are out there.
For me, there’s no contest. Passive investing is okay for people with no interest in finance, but that’s not you or me. I’ve never understood the logic of somebody who’s passionate about their money settling for a couple of index funds. There’s nothing wrong with index funds — in fact, there’s logic behind picking them instead of choosing individual stocks — but investing doesn’t stop with stocks and bonds. There are tons of opportunities out there.
Here are some of the best posts I’ve written about alternative investments, followed by some more general finance stuff.
The best of the best
Curious about the private mortgage business? In this article I take a long and detailed look at the business including how I got into it, the interest rates I charge, and what I look for when doing a deal. It also includes details of real mortgages I’ve done over the years.
Trailer parks get a bad rap, with too many people letting their personal biases get in the way of making money. They offer fantastic returns, multiple potential exit strategies, and the ability to hire a cheap property manager to make a passive investment even more hands-off. Here’s an article I wrote on investing in trailer parks.
We consider a stock trading at 12 or 15 times earnings cheap today. Small business valuations are far lower. Want to buy a restaurant, franchise, or some other business for less than five times earnings even after paying someone to run the place for you? You can do that.
Only have a few thousand bucks to invest and a little spare time on your hands? Then you should be looking at buying a website. Not only do many websites offer absolutely succulent returns (50% to 75% annual returns are common, and no, that’s not a typo), but a savvy operator can easily improve a dormant site, increasing both cash flow and the resale value. Just be careful; there’s a lot of crap out there.
I’m also a big fan of the storage business. It’s a largely passive business that offers some nice returns. And as one commenter put it, “stuff has no rights.” I took a look at a local storage business, but, alas, I haven’t quite pulled the trigger yet.
More good stuff
Let’s pivot away from the specific investment types and highlight some of the best general finance posts I’ve done.
This is one of my favorite posts of all time. Here’s how you can run a fake lottery scam with your co-workers and pocket at least $100 a week. Note: don’t actually do this. Please. I don’t want to get sued.
Want to amass $1 million in your TFSA? Don’t we all. Accomplishing such a thing is actually pretty simple of you’re persistent, save enough, and invest right.
We do a number of things to really supercharge our savings rate, which has allowed us to get rich even faster. Here’s how my wife and I bought our house for $30,000 under market value, and how we survive easily on one car.
Each year I run a stock picking contest. Here’s the link to this year’s contest, which has nearly 100 different picks from more than 20 top finance bloggers.
Worried about running out of money when you retire? Probably. Most people are concerned about that. But it’s probably not the biggest threat you’ll have to face, especially as you get older.
And finally, are you tired of paying 2.5% to exchange your money at your bank or using your online broker? Here’s a much cheaper way to do it — at least when converting Canadian Dollars to U.S. Dollars.
The best for last
I also recently completed a passive income guide which outlines 16 different investments that pay 9%. If you’re a little unhealthily addicted to getting paid while you sleep (like I am), this is for you. All I need is your email address and you’ll be reading the report in minutes. Did I mention it’s free?
What are you waiting for? Sign up using the form below!
So it turns out that my work day is almost over and I haven’t come up with any ideas for tomorrow’s post. I swear, I’m usually better prepared than this.
No you’re not.
Really, Italics Man? I though I killed you.
No, that was a random hooker. I knew her. Nice gal.
Anyhoo, I did one of these ask me anything posts back in March, and it was reasonably successful. People who weren’t my mom actually commented. More than once, too.
So go ahead, and ask me anything. Whether you want to know about your investments or personal finance or real estate or my book recommendations or a million other things. I’ll be hitting refresh more often than all those jerks who bought all the NES Classics.
Allow me to ask some questions to get y’all started:
- What’s my favorite food? Cheeseburgers with slices of pizza as buns
- Coffee or tea? Trick question the answer is literally any other liquid including urine
- Is my emergency fund too high? Yes
- But you don’t even know what my emergency fund is. Don’t care. Too high.
And so on. I’ll check back every hour or so and answer your questions.