Author archives: Jin Won Choi

My TFSA Update June 2018

Last update on July 16, 2018.

Image Credit: NESPIX / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book.

 

June Results: Up 1.8%

At the end of June, I had $66,303 in my TFSA account, which was up by 1.8% since the start of the month. By comparison, the Canadian stock market went up by 1.7% while the U.S. stock market went up by 2.7% in Canadian ...

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How Much Would The Trade Dispute Cost Canada?

Last update on July 2, 2018.

Image Credit: Norenko Andrey / Shutterstock.com

 

At the beginning of every month, I brief members on how MoneyGeek's Regular portfolios have performed and comment on the state of the financial markets. In this update, I’ll also talk about the potential impact that the latest trade disputes could have on the Canadian economy.

 

June Performance of Regular Portfolios

The performance of MoneyGeek's Regular portfolios for the month of June 2018 were as follows:

 

 

Last Month

Last 12 Months

Since Apr 2013

Aggressive

+0.7%

+13.4%

+101.2%

Growth

+0.6%

+11.7%

+83 ...

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My TFSA Update May 2018

Last update on June 18, 2018.

Image Credit: kovop58 / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book.

May Results: Up 5.8%

At the end of May, I had $65,120 in my TFSA account, which was up by 5.8% since the start of the month. By comparison, the Canadian stock market went up by 3.1% while the U.S. stock market went up by 3.3% in Canadian dollar ...

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The Italian Scare

Last update on June 4, 2018.

Image Credit: Trybex / Shutterstock.com

 

At the beginning of every month, I brief members on how MoneyGeek's Regular portfolios have performed and comment on the state of the financial markets. In this update, I’ll also talk about how the Italian political situation has caused some concern among investors.

 

May Performance of Regular Portfolios

The performance of MoneyGeek's Regular portfolios for the month of May 2018 were as follows:

 

Last Month

Last 12 Months

Since Apr 2013

Aggressive

+0.6%

+9.2%

+99.9%

Growth

+0.5%

+7.9%

+82.8%

Balanced

+0.4%

+6 ...

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The Quick Ratio And Its Significance To Tesla

Last update on May 28, 2018.

Image Credit: Jan Faukner / Shutterstock.com

 

Tesla is the most entertaining finance reality show around. On the one hand, you have its CEO Elon Musk claiming he’ll completely revolutionize the auto industry. On the other hand, you have famous hedge fund managers who are comparing the company to Enron.

Lately, the conversation has centered around whether the company could go bankrupt this year. Moody’s, which holds the reputation as the best credit rating agency, downgraded Tesla’s debt rating to B3 earlier this year, signalling that there’s a significant risk that Tesla will indeed go bankrupt. But ...

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My TFSA Update April 2018

Last update on May 21, 2018.

Image Credit: Abraham Magnawa / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book.

 

April Results: Up 33.2%

At the end of April, I had $61,559 in my TFSA account, which was up by 33.2% since the start of the month. By comparison, the Canadian stock market went up by 1.8% while the U.S. stock market went down by 0.1% in ...

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Searching For A Business Cofounder

Last update on May 14, 2018.

Image Credit: Nong Mars / Shutterstock.com

 

It has now been over 5 years since I launched MoneyGeek. During those years, I’ve experimented with a lot of different product/feature ideas.

A minority of those ideas bore fruit, and they have given me the impetus to keep going today. Starting this blog, for example, has proven to be very worthwhile as it has allowed me to connect t with some fantastic people.

Other initiatives, however, have failed to meet my expectations. One such initiative is the site saevis.com. I created that site a couple of years ...

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The Yield Curve Is Flattening, And It's Making Some Investors Nervous

Last update on May 7, 2018.

Image Credit: Mattz90 / Shutterstock.com

 

At the beginning of every month, I brief members on how MoneyGeek's Regular portfolios have performed and comment on the state of the financial markets. In this update, I’ll also explain what a yield curve is, and why its flattening could be a concern.

 

April Performance of Regular Portfolios

The performance of MoneyGeek's Regular portfolios for the month of April 2018 were as follows:

 

Last Month

Last 12 Months

Since Apr 2013

Aggressive

+0.5%

+6.8%

+98.8%

Growth

+0.4%

+5.8%

+81.9%

Balanced

+0.4 ...

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Interview with Perth Tolle of Life and Liberty Indexes: Part 2 - Discussion Around Specific Human Freedom Variables

Last update on April 30, 2018.

Image Credit: Orlok / Shutterstock.com

 

Jin’s Note: I had the pleasure of chatting with Perth Tolle, the founder of Life + Liberty Indexes. The following is the second of two parts of the transcription of that conversation. You can find the first part of our conversation here. I’ve edited the transcription for clarity, and occasionally made some comments in italics.

 

Jin: You mentioned that there are seventy-nine–do you call them factors? What do you call them?

Perth: Yes, variables.

Jin: So, seventy-nine variables. I don’t want to go through all seventy-nine of them, but are there ...

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Interview with Perth Tolle of Life and Liberty Indexes: Part 1 - Why Human Freedom Matters For Economic Growth

Last update on April 23, 2018.

Image Credit: Dietmar Temps / Shutterstock.com

 

Jin’s Note: I had the pleasure of chatting with Perth Tolle, the founder of Life + Liberty Indexes. The following is the first of two parts of the transcription of that conversation. I’ve edited the transcription for clarity, and occasionally made some comments in italic.

Jin: Hi Perth. Could you start by introducing yourself?

Perth: Sure. I’m Perth Tolle and my company is called Life and Liberty Indexes, we are an index provider that uses human and economic freedom metrics as primary factors in our investment selection process.

Jin: What do ...

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