Posts by Robb Engen
What Will It Take For You To Save More This Year?
I know it can be tough to save money. It’s even more difficult to up the ante and save more year-after-year. But saving is necessary to meet both our short-and-long term financial goals. Without any savings, you’ll live paycheque-to-paycheque (or worse) every month with no retirement plan whatsoever. Related: Retirement planning for late starters So…
Read More2021 Investment Returns
Happy New Year! 2021 was another crazy year for investors. Unlike 2020, which saw global stock markets shrug off a 30% decline before posting positive returns for the year, 2021 began with a meme stock craze and ended with a flurry of new all-time highs in both Canadian and US stock markets. In this post…
Read MoreNet Worth Update: 2021 Year-End Review
Last year we reached the million-dollar net worth milestone. The goal itself wasn’t life changing, by any means, but it was something we had been striving to hit for nearly a decade – and it felt pretty damn good! The truth is we have changed our lives for the better over the last two years.…
Read MoreWeekend Reading: Another Money Bag Edition
Welcome to another edition of Weekend Reading. I continue to get dozens of emails from readers every week and I’m pleased to share some of those questions and answers with the broader community so we can all learn from each other. Today, we’ll look at investing FOMO and regret, where to park your cash savings,…
Read MoreWeekend Reading: Money Like You Mean It Edition
Erica Alini quickly became one of my favourite personal finance writers when she joined Global News as a national money and consumer reporter. Her columns and Money123 newsletter tackle a breadth of financial topics and are must-reads each week. That’s why I was excited when I heard that Erica planned to write a book. I…
Read MoreWeekend Reading: 2022 Financial Goals Edition
Yes, I know it’s not even December yet but I’m going “that guy” – the first to share his 2022 financial goals. First, a quick trip down memory lane. I’ll never forget attending a ceremony to be recognized for 10 years of service at the University along with dozens of other employees receiving awards for…
Read MoreWeekend Reading: Back From Boston Edition
My wife and I travelled to Boston last week and spent four nights in this amazing and historic city. We had a great time, but it felt strange to travel outside of Canada for the first time in almost two years. We had a lot of anxiety about the requirements for leaving and entering Canada,…
Read MoreWeekend Reading: Reboot Your Portfolio Edition
Reboot Your Portfolio: 9 Steps to Successful Investing with ETFs is a new book written by Canadian Couch Potato blogger and PWL Capital portfolio manager Dan Bortolotti. Simply put, this book is the definitive guide to building an index investing portfolio today, brought to you by the author who is synonymous with this low cost,…
Read MoreA Sensible RRSP vs TFSA Comparison
Should you contribute to your RRSP or your TFSA? It’s one of the most frequently asked questions here and on other financial forums, yet the answers couldn’t be more divided. Furthermore, there is a growing sentiment among Canadians that somehow RRSPs are a government scam because you’ll be forced to pay tax on any withdrawals…
Read MoreWeekend Reading: Is It Time To Go Vegan Edition
Our family switched to a plant-based diet two years ago. We have our reasons – a dairy intolerance was the driving force but there’s also environmental concerns, the ethical treatment of animals, a healthier diet, etc. We’ve never looked at it from a financial perspective, mostly because we haven’t noticed much of a change in…
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