10 Ways To Reduce Your Water Bill

10 Ways To Reduce Your Water BillHaving already looked at how to reduce your heating and electricity bills, here are ten ways to reduce your water bill. Only wash full loads with your dishwasher and laundry washer. A partial load can use the same amount of water, but you will be washing more often. If replacing a dishwasher or washing machine, replace it with a high efficiency model. Use a low-flow shower head. This can easily…

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Conversations with History: Canada Relations

Conversations with History: Canada RelationsHost Harry Kreisler welcomes distinguished Canadian diplomat Allan Gotlieb to discuss the U.S.- Canadian relationship. After tracing the features of their strategic partnership during the Cold War, Gotlieb analyzes the changes in bilateral relations in the wake of 911 and the 2008 economic collapse. In the context of America’s focus on homeland security, rising unemployment, and environmental degradation, he examines the impact of domestic politics for any effort to develop…

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Book Review: Your Money or Your Life

Book Review: Your Money or Your LifeThere are a few books that are beloved and can be a bit dangerous to review.  YMOYL is the bible to a number of people, so I’ll start with saying that I think there’s a lot of good stuff in there, it’s a solid book and just about everyone should read it.  In spite of this, I think there are some major weaknesses in it. Overview Joe Dominguez was a…

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Stock Selection For The Individual Investor

Stock Selection For The Individual InvestorThe latest stock market turmoil, in the fourth quarter of 2008 when stocks declined significantly, has left retail investors with a larger challenge than ever before. Many feel let down by their advisors, mutual funds, and the financial industry structure that is supposed to help them. Is it possible for an individual managing his or her own money to make their own stock selection decisions, when they likely don’t have…

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A national regulator? It’s about time.

A national regulator? It's about time.The government is about to unveil plans surrounding a national securities regulator. Finance Minister Jim Flaherty is expected to unveil a government plan Wednesday to create a single Canadian securities regulator. Currently, each province and territory runs its own regulator… It’s about freakin’ time. I’ve had my mutual funds license since about 1994/95. And let me tell you, it’s a major pain in the ass when you’re dealing with a…

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Using Put Options to Protect Your Portfolio

Using Put Options to Protect Your PortfolioAs options are a fairly sophisticated method of investing/speculating, I rarely write about them as I’m a big believer in sticking with the basics.  However, with the expectation of some sort of market correction between now and October 2010, I’ve had thoughts on ways to hedge a portfolio to reduce the potential for loss. One way to protect a portfolio is to purchase insurance in the form of put options. …

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Beware the M2 Credit Card

Beware the M2 Credit CardI got caught out! Here is what I learned the hard way about credit cards and interest charges on late payments. Mea culpa, through simply not paying attention, I was a day late paying the full balance. Of course, that means interest is charged and not just for the one or two days that payment was late but for the whole time since the purchase date up to the payment…

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Successful Motivation of Investors

Successful Motivation of InvestorsSuccess is often difficult to determine and many use a measurement based solely on absolute returns although all investors seek positive returns in abundant forms.  It’s no mystery that the behaviour of investors follows similar cycles seen over and over in both boom and bust segments of market ups and downs and investors for the most part attempt to avoid these cycles only to find themselves frequently falling into a market mentality and accepting…

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Debate Free Trade vs Fair Trade at The Economist

Debate Free Trade vs Fair Trade at The EconomistFair trade must be threatening someone’s bottom line. Starting today, The Economist is hosting an online debate. The proposition: “This house believes that making trade fairer is more important than making it freer.” Two economists, one for and one against present their positions. You can vote or comment after completing a free registration. Read my own comments below. “Free trade” is a rhetorical term that means whatever you want. Bearing…

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Money May Not Buy Happiness, But It Is Necessary

Money May Not Buy Happiness, But It Is NecessaryWe all know that “money can’t buy happiness.” However, a certain amount of money is needed for the building blocks of happiness — or at least security. It’s quite difficult to be happy when you don’t have access to the basic necessities of life. And this is where money and happiness come together a little bit. Even if you are a gardening master, you still need money to purchase food…

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