Articles
The written version of the reasoning behind the videos: retirement planning, financial freedom and stock analysis.
Stock analysis
Big Tech's $2.2 billion-a-day spending bill
Microsoft, Alphabet, Amazon and Meta spent about US$202 billion on property and equipment in one quarter. Who had cash left, and who is funding the gap?
7 min read Stock analysisSanDisk vs Western Digital vs Seagate
All three storage makers reported record quarters and their stocks fell anyway. Growth, margins, cash, price and risk, compared head to head.
7 min read Stock analysisIntel and Reddit: growth, then a 29% drop
Intel's revenue grew 21% and Reddit's 53%, yet both stocks lost about 29% on October 30. The answer is in the outlook, not the last quarter.
7 min read Stock analysisNvidia, Microsoft, Credo: three numbers
Nvidia's data centre concentration, Microsoft's shrinking cash after capex and Credo's two growth rates, explained with reported figures.
5 min read Stock analysisCash flow after capex, explained
Operating cash flow, capital expenditures and free cash flow in plain language, and why one quarter of data can mislead you.
6 min readRetirement
Financial freedom
Financial freedom is a savings-rate problem
Why the share of income you save matters more than your income itself, with a table of years to financial independence at different savings rates.
5 min read Financial freedomStart early: the compounding race
Ava invests for 10 years and stops. Ben invests for 30 years starting later. Ava ends up with more. Here's the math.
4 min read Financial freedomThe credit card minimum-payment trap
Paying only the minimum on a $5,000 balance at 20.99% takes about 22 years and costs about $6,700 in interest. A fixed payment changes everything.
4 min readAccounts & tax
TFSA, RRSP or FHSA: which first?
How the three registered accounts work, who each one suits, and a simple order of priority for most Canadians.
6 min read Accounts & taxNorbert's Gambit, step by step
How to convert Canadian dollars to US dollars using DLR and DLR.U, what it really costs, and when another route is cheaper.
6 min read Accounts & taxYour RRSP refund isn't a bonus
Why the RRSP tax refund is a loan from your future self, and the one habit that makes it pay off.
4 min read Accounts & taxThe 15% leak in your TFSA
Why US dividends lose 15% to withholding tax in a TFSA but not an RRSP, and how much it really costs.
4 min readInvesting basics
Covered calls, explained with every dollar
Selling a covered call pays you a premium today in exchange for capping your upside. Flat, rally and drop scenarios, break-even, and why 3.3% a month isn't 40% a year.
6 min read Investing basicsGold with any amount: coin, app or ETF?
Three ways to own gold, what each costs, and why gold miners are a different bet entirely.
6 min read