Kiera and I hang’n out at Point Pelee, the southernmost tip of mainland Canada. (Middle Island is actually the Southernmost point in Canada.)
The point I’m trying to make (yes, there actually is one!) is exactly what I wrote last year, i.e., personal resources (time and money) directed towards experiences as against “stuff” are the keys to both short and long term happiness. This is one of the reasons we feel so good when we are engaged in acts of giving through its many different levels – not just money, but also time, friendship and, most important … love.
DEC 12, 2017
MERRY CHRISTMAS FROM MONTY THE PENGUIN
BY KEITH THOMSON
For each of the last ten years the British retailer, John Lewis, has aired what has become an iconic holiday season commercial. Although this year’s #MozTheMonster was clever, in my opinion nothing comes close to 2014’s, “Monty the Penguin”. Admittedly, it is a rather slick piece of marketing directly targeted to tug on our heart strings … and open up our wallets and purses! Having said…
JUL 20, 2017
WHY ARE YOU WEALTHY
BY KEITH THOMSON
“Like all of life’s rich emotional experiences, the full flavor of losing important money cannot be conveyed by literature. You cannot convey to an inexperienced girl what it is truly like to be a wife and mother. There are certain things that cannot be adequately explained to a virgin by words and pictures.” – Fred Schwed Jr. (Author of “Where Are the Customers’ Yachts?” First…
JUN 14, 2017
THE SUCCESS CIRCLES
BY KEITH THOMSON
“I cannot believe that the purpose of life is to be happy. I think the purpose of life is to be useful, to be responsible, to be compassionate. It is, above all to matter, to count, to stand for something, to have made a difference that you lived at all.” —Leo Rosten
I have a wise friend who shared with me how he helps individuals…
MAY 23, 2017
THE PYRAMID OF INVESTMENT SUCCESS
BY KEITH THOMSON
What is the secret to multi-decade, inter-generational wealth creation? Fortunately, it can be summed up in one easy illustration I call “The Pyramid of Investment Success”. I am utterly convinced that over 80% of one’s long term investment success comes down to a single variable … one’s individual behaviour. In other words, for many of us, our single greatest enemy in our quest for wealth creation is the…
APR 19, 2017
WHEN NOT TO INVEST
BY KEITH THOMSON
“Knowing what you don’t know is much more useful in life and business than being brilliant” —Charlie Munger (Warren Buffet’s older, and some would argue, smarter partner)
I am convinced there are Canadians who can actually invest successfully themselves. However, like the Loch Ness Sea Monster, they are often sighted but rarely actually seen! For long term wealth creation you need to possess what I…
FEB 10, 2017
TIME TO FEED THE GOOSE 2017
BY KEITH THOMSON
“Taxes are our way of feeding the goose that lays the golden eggs of freedom, democracy and enterprise. Someone says, ‘Well, the goose eats too much!’ That’s probably true. But better a fat goose than no goose at all” —Jim Rohn
As I have now begun to receive a flurry of tax “T-Statements” I realize, once again , it is that time of year…
JAN 18, 2017
99 REASONS 2016 WAS A GOOD YEAR
BY KEITH THOMSON
“The progress of human knowledge will be rapid, and discoveries made of which we have no conception. I begin to be almost sorry I was born so soon, since I cannot have the happiness of knowing what will be known 100 years hence.” —Benjamin Franklin
It has been my practice to begin each year’s “Wealth with Wisdom” with a focus on the many positive…
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