Portfolio Update February 2021

Another 3 months have gone by, so it’s time to report on our DIY Portfolio progress. As usual, expect our next update in about 12 weeks.

You can have a look at previous portfolio updates here:

All Portfolio Updates
Portfolio Update August 2018
Portfolio Update November 2018
Portfolio Update February 2019
Portfolio Update May 2019
Portfolio Update August 2019
Portfolio Update November 2019
Portfolio Update February 2020
Portfolio Update May 2020
Portfolio Update August 2020
Portfolio Update November 2020
 
On the human scope of things, those last few months have been rocky to say the least. Yet we all were lucky because events could have been even harsher, disasters were and are still just at our corner. Let’s hope for all our sake that things will get better now that the wolf is out of the sheepfold.
 
The air already feels fresher as common sense, cooperation and decency are getting back to the forefronts. Let’s hope most conservative Americans can wake up and really see the benefits of being kind to each other and sticking together.
 
Investing-wise, it has been smooth sailing, at least for us. We’ll briefly report on it next. Our main topic today will be to talk about our adventures withdrawing from our big banks RESPs. We’ll conclude with another quick review of our latest DIY Portfolio transactions.  
 
Once more, I’ll remind you that I am not an investment or tax professional of any kind. The intent of this blog is not to give specific investing advice. Before investing yourself, we suggest you do all necessary research and consult a licensed financial professional if need be. 
 
Still Going Strong
 
As always, we manage to stay patient thru all this. Markets and our morale were up and down (or maybe down and up) all last year. Our DIY Portfolio finally did quite well in 2020 with an overall return just under 15%, so our long-term average climbed a little to about 13%.

Housekeeping The 12-Minute Way (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 April 12, 2012

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

12-Minute Financial Makeover Step 4 - Keep Cash Flowing with Crap-Happens Plan

Our Financial Makeover Series talks about personal finance basics and lets you figure out what applies best to your own unique situation.

In Part 1, we pointed out to avoid fees as much as possible, especially the devastating recurring ones. We also suggested to open a no-fee online checking account.

In Part 2, we followed up by proposing to use no-fee savings account to organize the projects that provide you pleasure. We insisted on how budgeting can allow you to spend more on things you truly love.

We continued on a similar theme in Part 3, telling you that budget choices can make you feel awesome and emphasized on how it could provide you more freedom.

This time, we’ll talk about another way to liberate yourself from financial worries setting up a solid custom-made contingency plan.

In the financial realm, we often hear about that basic concept to set up a rainy-day fund. Some might argue that their financial days are already rainy, if not stormy.

But we really believe starting an emergency fund can be a great first step to getting out of the hazardous living-paycheck-to-paycheck spiral.

The object is not to obsess about risks. In fact, your own crap-happens plan could allow you to forget about possible misfortunes and free you up, allowing you to truly taste and appreciate life joys and ventures.

Try to Get Money Worries Out of Your Way

We know many of you worry about money even in normal situations, some even worry about finances all the time.

The main objective of the financial aspect of your contingency plan should be set enough money aside to allow yourself to focus on living through tough situations and fixing things for you and your family. Your contingency fund should allow to relieve financial pressure as much as possible in these bad situations.

It’s impossible to anticipate all eventualities, especially the worst ones. But, having some and enough money stashed away for those bad periods sure may help to cope with any situation. No matter how bad it can be.

For instance, losing your job can be very tough both financially and psychologically. Yet, having money aside should at least give you some time to get your act together and focus on finding a new job.

Another example would be if your fridge or car breaks down. Most people often have to move heaven and earth just to scratch sufficient funds for those kinds of repair. The actual hassle of just getting those things fixed is bad enough. At least get the money part of it out of your way.

Because it’s Much More Than About Money

You don’t have to become survivalists, but your contingency plan has to be more than about finances. For instance, everyone should have a plan in place to survive at home for 3-4 days.

Housekeeping The 12-Minute Way (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 April 12, 2012

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

Housekeeping The 12-Minute Way (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 April 12, 2012

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

Housekeeping The 12-Minute Way (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 April 12, 2012

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

Housekeeping The 12-Minute Way (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 April 12, 2012

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

Focus Your Life On What You Love

A couple weeks ago, I was often feeling down as I got irritated and annoyed by every little detail that went wrong. I know it will probably sound very cliché but then I remembered to simply focus my life back on things and people I love.

Thinking that way again almost instantly made me feel better. Or at least, it got rid of unnecessary tension and that lighter, more relaxed atmosphere got me back on the happiness trail…

Over the years, trying to stay positive in that fashion has been the best way for me to cope with hardship and to remain happy.

So when I’m able to remind myself, I always try to focus on the fact that I love numbers, I love reading, I love writing, I love to help others, I love to play games…I sometimes love being alone but above all else, I love being a devoted father and husband!

Housekeeping The 12-Minute Way (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 April 12, 2012

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

Housekeeping The 12-Minute Way

Living in a clean environment can contribute to your well-being and happiness but proper housekeeping takes time.

So, here are some 12-Minute Ideas to keep your house neat and tidy. Hope this helps make your home more peaceful, relaxing and inspiring.

Divide Your Home in 12 Distinct Areas and Adopt The Special-Room of The Week Approach 

After dividing your house in 12 Areas (or 12 Rooms), pay special attention to one specific area each week.

Teach your Children to Properly Manage their Money with Both an Investment Account and a Fun Account

Investment Account and Fun Account

To help your children adopt good financial habits, open them a Long term investment account. But also open them a Fun account.

Every time your children receive money, ask them to deposit half of it in their investment account and the other half in their fun account.

Subsequently, they can do whatever they want with their fun account money as long as it’s something fun for them.

Give Priority to Personal and Family Matters

Family First

While it’s commendable to think of others, you should always take special care of your family. Personal and family matters should be your first priority.

If you don’t do it, nobody will!

Work Hard Without Neglecting Your Family

Some work rigorously and prove to be outstanding managers for their company. But often become careless regarding their family and personal affairs. Therefore give at least as much importance to your family business.

Find A Good Family Doctor While You Are Healthy

Your Access-Point to the System

Nowadays, it is essential to have a good family doctor. Indeed, a good family physician will give you access to the whole healthcare system and its services.

Our healthcare system is not as bad as we believe; it is often only difficult to gain proper access to it.

Register Your Family Before You Get Sick

Because the registration process is usually pretty long, do what necessary now while you are still in good health and that you can bare the dreaded waiting-list. Even if this can take several months, it will be worth the wait.

Register all members of the family with the same doctor. Your future doctor is perhaps in a neighboring city, so make sure to check all services available in your surrounding area.