Iqbal ghuman

On a journey to improve my $ financial literacy everyday ..

[Iqbal ghuman @ClearFinPath]

@JonFlynnREstats

[Iqbal ghuman @ClearFinPath]

It was a great read @cullenroche enjoyed it thoroughly.

[Iqbal ghuman @ClearFinPath]

“Diversification is learning to hate some part of your portfolio all the time” — Brian Portnoy #investing

[Iqbal ghuman @ClearFinPath]

@StephenPunwasi It was never intended to close at first place…flip it and make money was the master plan.

[Iqbal ghuman @ClearFinPath]

@CGWM_Muhs @awealthofcs “Book your profit and do sector rotation knowing which sector will perform ahead of time” - sounds similar to me as well.

[Iqbal ghuman @ClearFinPath]

@ronmortgageguy Hi ron, my earliest renewal date for a 2 year fix is april 20. Is there anything i can do in this situation ?

[Iqbal ghuman @ClearFinPath]

“How much an item costs is so much more than what you see on a price tag, it is what i will call the life which is required to be exchanged for it immediately or in a long run” - Henry David Thoreau #quoteoftheday #investing #finance

[Iqbal ghuman @ClearFinPath]

Invest in evidence not speculation. Great article by @larryswedroe

https://t.co/GFv2J411f8

[Iqbal ghuman @ClearFinPath]

@Wealthsimple i am trying to consolidate two accounts within wealthsimple from yesterday, have spent hours chatting. Initial agents seem to have no understanding and end up sending the query to a specialist for which again i have to wait in a https://t.co/xNqnBpvBLk inconvenient

[Iqbal ghuman @ClearFinPath]

@DGibs @ronmortgageguy Better interest rates on deposits, no monthly fees, unlimited interac transfers, no minimum balance, 5 times more CDIC coverage on deposits , debit/credit card with better perks and much more …

[Iqbal ghuman @ClearFinPath]

@genymoneyca TFSA
You pay $4,000 tax
You have $6,000 left to invest

RRSP
You invest the full $10,000
You pay tax later, not now
Withdrawal at 30% RRSP wins not TFSA

[Iqbal ghuman @ClearFinPath]

@genymoneyca You compared unequal money.
RRSP person puts in $6,000 before tax
TFSA person puts in $6,000 after tax

Those are not the same amount of money.

[Robert Sterling @RobertMSterling]

FRIDAY NIGHT FINANCE THREAD 🚀📊

"Why do banks front-load so much interest into the first few years of a mortgage?"

This is a great question. People ask it a lot.

So let's talk about amortization: what it is, how it works, and why interest payments feel so punishing at first 👇

[Iqbal ghuman @ClearFinPath]

@RichaChadha Are these accounts only from india or around the globe ?

[Iqbal ghuman @ClearFinPath]

@Byte_Sized_Blog Such a valuable information at the right time 😀

[Iqbal ghuman @ClearFinPath]

Gold's Role Reconsidered: What Drives Its Value And Returns? https://t.co/QEXTe95N7a

[Iqbal ghuman @ClearFinPath]

" Like the climate, the average long -term investing experience is never surprising. But like the weather, the short -term experience is frequently surprising "- Charles D. Eliis

[Iqbal ghuman @ClearFinPath]

"If you don’t know who you are, the stock market is an expensive place to find out " - Adam Smith

[Iqbal ghuman @ClearFinPath]

“October’’ is one of the peculiarly dangerous months to speculate on stocks. The others are July, January, September, April, November, March, December, August and February - (Mark Twain) #investing #StockMarket

[Iqbal ghuman @ClearFinPath]

@ronmortgageguy