August 12, 2019

Portfolio Update August 2019


Despite being on overly relax mode for a while, we are still glad to bring you our latest DIY Portfolio developments. As it has been the case for the last few years, you can expert our next update in about 12 weeks, in early November 2019.

You can also access our earlier portfolio updates here:


Granting things have been somewhat quiet on the markets since our last report, we’ve still experienced the usual ups and downs. In fact, it was more down followed by up this time around, as after a rough patch around May, most stocks resumed their climb up on a slightly slower yet steady pace.

As we eluded to on our last report, we are in a cleanup mode and high market values were a good fit, at least sell wise. Buying replacements was more difficult to accomplish as interesting opportunities rarely materialized. As some of you may have predicted, we adopted a decisive yet patient approach in that context. To sum it up in a few words: decisive to sell and patient to buy.

August 03, 2019

12-Minute Basics (Revisited)

The 12-Minute Series was originally posted in 2012.

We’ve decided to republish it integrally because we believe it can still help as everyone aspires to make things better.

Let’s hope it stirs up the discussion and stimulates you to change the world 12-Minute at a time!






This article was originally posted on January 12, 2012

Help To Change 

By suggesting simple methods and unique ideas, the 12-Minute Approach will help you implement change and improve.

For exemple, for most people, the optimum concentration period is only 12 minutes. That is, the time they can really focus on a task.

July 12, 2019

Jump Start Change with Only 12-Minute

It’s kind of odd that a lot of people rather dream about being millionaires than actually doing something about it.

But the great thing is that you can start fundamental change with just 12-Minute to spare. In fact, 12-Minute can be the easiest answer to that widespread psychological hurdle that many never seem to surpass. So, if you can’t seem to get things going, remember that you can accomplish anything and everything starting with only 12-Minute.

So, start doing something about it, 12-Minute at a time. The truth is, beginning by investing only 12-Minute, can be a huge first step for improvement for the rest of your life. It’s impossible to accomplish everything all at once so take an easy step, the first step, now!

The long-haul recipe to success and happiness can be quite simple: just think about going forward in the next 12-Minute.

Action Out of Too Much Reflection

I must admit l can be the first to reflect too much. It’s not a crime to think about what you’re going to do. In fact, any accomplishment begins with someone thinking or if you prefer, dreaming about it. Too much reflecting only becomes a problem when it freezes up action.

July 03, 2019

12-Minute Principles (Revisited)



The 12-Minute Series was originally posted in 2012.


We’ve decided to republish it integrally because we believe it can still help as everyone aspires to make things better.

Let’s hope it stirs up the discussion and stimulates you to change the world 12-Minute at a time!










This article was originally posted on December 12, 2012

There's more to the 12-Minute Approach than great number 12. Some principles and premises also inspire this revolutionary method.

They are exposed here with some brief explanations:


1-Realize Your Dreams  

Having dreams is essential. Dreams give life a meaning. They give you a purpose and a sense of direction.

Planning to realize your dreams is also important. By setting goals and making plans, you’ll move closer to your dreams.

Your unconscious and intuition will guide you thru the venture even if you don’t possess all the details right now.

June 12, 2019

Despite Widespread Belief, TFSAs Can Stay Liquid

A few weeks back, we were kind of stunned when we discovered someone in the family (Ray not to name her) had a lot of money in a savings account but did not register it as a Tax-Free Savings Account (TFSA). Interests gained in that account resulted in a juicy tax bill for her. Unnecessary because she still had plenty of TFSA contribution room available.

The money was not put in a TFSA because it was primarily used for emergencies and to pay for imminent renovations and Ray thought funds in a TFSA were not easily accessible. We checked with other members of the family and again, to our surprise, a lot of them believed TFSA money was not liquid at all. For many, TFSAs and RRSPs are all the same…money stashed there won’t be accessible till…far away retirement. So, many folks have the impression that TFSA money is tied up in some way that would prevent immediate access to their funds. But in fact, this is not true.

It’s sad because despite our financial knowledge and a lot of effort, money remains a taboo subject for many in the family. It seems like the more you are successful with money, the more people get shy and the less they are willing to talk about it. We try to remain humble about all of it, but it appears our glow still scares quite a few. These poor folks (no pun intended) prefer to keep things as anonymous as possible and give their trust to alleged advisors.    

So, another one greatly handled by so-called expert advisors. In this case, with no commission in play, the «expert» simply did not bother.
 
The Frozen TFSA Asset Misconception

Somehow, many people think TFSA funds are frozen and not easily accessible. And, despite the fact we love Disney, we are not talking about Frozen starring Anna & Elsa. And in reality, your TFSA might be more like Olaf, the chill snowman that loves and dreams about summer.

June 03, 2019

12-Minute and Your Career (Revisited)


The 12-Minute Series was originally posted in 2012.



We’ve decided to republish it integrally because we believe it can still help as everyone aspires to make things better.

Let’s hope it stirs up the discussion and stimulates you to change the world 12-Minute at a time!





This article was originally posted on November 12, 2012


The 12-Minute Approach offers you a multitude of techniques to improve your job and career.

Here are some ideas we hope will inspire you on the way to becoming real happy and efficient professionals in your respective fields.

Achieve A Little More Each Day

A quick and easy way to start improving right away is to take 12-Minute to accomplish one simple extra action each day.