Michael James
@mjonmoney.bsky.social
Investor seeking good financial choices. Former math/engineering guy in high tech. Blogger at michaeljamesonmoney.com (no ads!)
Modern Portfolio Theory treats correlations between investments as constant across the spacing of samples (monthly, annually, etc.), but this isn't how it works in the real world. Here's an example to illustrate the problem: www.michaeljamesonmoney.com/2010/09/unde...
Understanding Correlation
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
November 30, 2025 at 1:23 PM
Modern Portfolio Theory treats correlations between investments as constant across the spacing of samples (monthly, annually, etc.), but this isn't how it works in the real world. Here's an example to illustrate the problem: www.michaeljamesonmoney.com/2010/09/unde...
By the time I'm forced to convert my RRSPs to RRIFs, I will have been withdrawing from my RRSPs for more years than I contributed to them. Yet they'll still have enough assets for my future. That's the power of compounding.
November 30, 2025 at 12:19 AM
By the time I'm forced to convert my RRSPs to RRIFs, I will have been withdrawing from my RRSPs for more years than I contributed to them. Yet they'll still have enough assets for my future. That's the power of compounding.
The complex rules around credit card points are designed to make shopping addicts feel like they're playing 3D chess when they're really just feeding their addiction. If you pay interest then you've lost the game.
November 29, 2025 at 2:22 PM
The complex rules around credit card points are designed to make shopping addicts feel like they're playing 3D chess when they're really just feeding their addiction. If you pay interest then you've lost the game.
Does buying a house make you more financially responsible? www.michaeljamesonmoney.com/2010/07/does...
Does Buying a House Make You More Financially Responsible?
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
November 28, 2025 at 10:56 PM
Does buying a house make you more financially responsible? www.michaeljamesonmoney.com/2010/07/does...
Reposted by Michael James
New - Book review: The Wealthy Barber
www.michaeljamesonmoney.com/2025/11/book...
www.michaeljamesonmoney.com/2025/11/book...
Book Review: The Wealthy Barber
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
November 17, 2025 at 12:35 PM
New - Book review: The Wealthy Barber
www.michaeljamesonmoney.com/2025/11/book...
www.michaeljamesonmoney.com/2025/11/book...
Reposted by Michael James
Dave opens up to Preet about the weight of rewriting a Canadian classic — and what made this version harder to write. Watch here: thewealthybarber.com/video/the-pr...
The Pressure of Updating "The Wealthy Barber" - The Wealthy Barber
The Pressure of Updating “The Wealthy Barber” Dave opens up to Preet about the weight of rewriting a Canadian classic — and what made this version harder to write. 💈💈💈 Did you have any baggage about t...
thewealthybarber.com
November 17, 2025 at 6:42 PM
Dave opens up to Preet about the weight of rewriting a Canadian classic — and what made this version harder to write. Watch here: thewealthybarber.com/video/the-pr...
New - Book review: The Wealthy Barber
www.michaeljamesonmoney.com/2025/11/book...
www.michaeljamesonmoney.com/2025/11/book...
Book Review: The Wealthy Barber
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
November 17, 2025 at 12:35 PM
New - Book review: The Wealthy Barber
www.michaeljamesonmoney.com/2025/11/book...
www.michaeljamesonmoney.com/2025/11/book...
"I've stopped trying to save money in this house." Apparently, my wife and I don't see eye-to-eye on spending decisions.
November 6, 2025 at 3:22 PM
"I've stopped trying to save money in this house." Apparently, my wife and I don't see eye-to-eye on spending decisions.
New: Book Review: Wealthier - The Investing Field Guide for Canadian Millennials
www.michaeljamesonmoney.com/2025/11/book...
www.michaeljamesonmoney.com/2025/11/book...
Book Review: Wealthier - The Investing Field Guide for Canadian Millennials
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
November 6, 2025 at 3:21 PM
New: Book Review: Wealthier - The Investing Field Guide for Canadian Millennials
www.michaeljamesonmoney.com/2025/11/book...
www.michaeljamesonmoney.com/2025/11/book...
Reposted by Michael James
New: What is the goal for decumulation?
www.michaeljamesonmoney.com/2025/10/what...
www.michaeljamesonmoney.com/2025/10/what...
What is the Goal for Decumulation?
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 27, 2025 at 3:56 PM
New: What is the goal for decumulation?
www.michaeljamesonmoney.com/2025/10/what...
www.michaeljamesonmoney.com/2025/10/what...
New: What is the goal for decumulation?
www.michaeljamesonmoney.com/2025/10/what...
www.michaeljamesonmoney.com/2025/10/what...
What is the Goal for Decumulation?
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 27, 2025 at 3:56 PM
New: What is the goal for decumulation?
www.michaeljamesonmoney.com/2025/10/what...
www.michaeljamesonmoney.com/2025/10/what...
This is my 8th year of drawing down my RRSP to reduce lifetime taxes. Despite this "RRSP meltdown," during that time my balance is up 75%! This stock market performance has been amazing. I keep reminding myself not to get used to it.
October 23, 2025 at 9:05 PM
This is my 8th year of drawing down my RRSP to reduce lifetime taxes. Despite this "RRSP meltdown," during that time my balance is up 75%! This stock market performance has been amazing. I keep reminding myself not to get used to it.
New book review: The Wealth Ladder
www.michaeljamesonmoney.com/2025/10/book...
www.michaeljamesonmoney.com/2025/10/book...
Book Review: The Wealth Ladder
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 21, 2025 at 12:25 PM
New book review: The Wealth Ladder
www.michaeljamesonmoney.com/2025/10/book...
www.michaeljamesonmoney.com/2025/10/book...
Filling out a T3 trust tax return for a family member who has died can be bewildering. There are dozens of incomprehensible questions to answer and amounts to fill in. ChatGPT does a great job of explaining each part. In contrast, CRA's T3 Trust Guide is mostly useless.
October 18, 2025 at 8:24 PM
Filling out a T3 trust tax return for a family member who has died can be bewildering. There are dozens of incomprehensible questions to answer and amounts to fill in. ChatGPT does a great job of explaining each part. In contrast, CRA's T3 Trust Guide is mostly useless.
I updated yesterday's post on contradictory retirement plans to include the 10% OAS increase at age 75. It doesn't make a material difference to the discussion, but it's more accurate this way.
www.michaeljamesonmoney.com/2025/10/cont...
www.michaeljamesonmoney.com/2025/10/cont...
Contradictory Retirement Plans
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 16, 2025 at 4:29 PM
I updated yesterday's post on contradictory retirement plans to include the 10% OAS increase at age 75. It doesn't make a material difference to the discussion, but it's more accurate this way.
www.michaeljamesonmoney.com/2025/10/cont...
www.michaeljamesonmoney.com/2025/10/cont...
Reposted by Michael James
New: Contradictory retirement plans
www.michaeljamesonmoney.com/2025/10/cont...
www.michaeljamesonmoney.com/2025/10/cont...
Contradictory Retirement Plans
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 15, 2025 at 12:16 PM
New: Contradictory retirement plans
www.michaeljamesonmoney.com/2025/10/cont...
www.michaeljamesonmoney.com/2025/10/cont...
New: Contradictory retirement plans
www.michaeljamesonmoney.com/2025/10/cont...
www.michaeljamesonmoney.com/2025/10/cont...
Contradictory Retirement Plans
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 15, 2025 at 12:16 PM
New: Contradictory retirement plans
www.michaeljamesonmoney.com/2025/10/cont...
www.michaeljamesonmoney.com/2025/10/cont...
Reposted by Michael James
New: Parallel conversations: Private equity and used cars
www.michaeljamesonmoney.com/2025/10/para...
www.michaeljamesonmoney.com/2025/10/para...
Parallel Conversations: Private Equity and Used Cars
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 14, 2025 at 12:20 PM
New: Parallel conversations: Private equity and used cars
www.michaeljamesonmoney.com/2025/10/para...
www.michaeljamesonmoney.com/2025/10/para...
Reposted by Michael James
Real-life examples say these three estate-planning tips are VERY IMPORTANT. Give this video two minutes! Watch here: thewealthybarber.com/video/3-cost...
3 Costly Life Insurance Mistakes—Don’t Make These! - The Wealthy Barber
3 Costly Life Insurance Mistakes—Don’t Make These! Three quick life-insurance tips that I think you’ll find interesting. Honest! 💈💈💈 I had a great phone call from an insurance expert a few weeks ago. ...
thewealthybarber.com
October 14, 2025 at 1:12 PM
Real-life examples say these three estate-planning tips are VERY IMPORTANT. Give this video two minutes! Watch here: thewealthybarber.com/video/3-cost...
New: Parallel conversations: Private equity and used cars
www.michaeljamesonmoney.com/2025/10/para...
www.michaeljamesonmoney.com/2025/10/para...
Parallel Conversations: Private Equity and Used Cars
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 14, 2025 at 12:20 PM
New: Parallel conversations: Private equity and used cars
www.michaeljamesonmoney.com/2025/10/para...
www.michaeljamesonmoney.com/2025/10/para...
One of the concerns with modern connected cars carrying AI and cameras is the potential for mass surveillance. How can we prevent this with cars we build? What about foreign-built cars, such as the Chinese EVs we could let in to get China to remove canola tariffs?
October 11, 2025 at 10:30 PM
One of the concerns with modern connected cars carrying AI and cameras is the potential for mass surveillance. How can we prevent this with cars we build? What about foreign-built cars, such as the Chinese EVs we could let in to get China to remove canola tariffs?
Reposted by Michael James
How NOT to Invest (Book Review) #investing #PFcan #CanadaSky #FinSky #retirement #Stocks findependencehub.com/how-not-to-i...
How NOT to invest (Book Review) - Financial Independence Hub
By Michael J. Wiener Special to Financial Independence Hub Before reading Barry Ritholtz’s book How Not to Invest, I wondered if the “Not” in the title was a sign it would be filled with gimmicky wa...
findependencehub.com
October 9, 2025 at 1:13 PM
How NOT to Invest (Book Review) #investing #PFcan #CanadaSky #FinSky #retirement #Stocks findependencehub.com/how-not-to-i...
Relief by indexing - My move from stock picking to indexing lifted a burden and likely improved my future returns.
www.michaeljamesonmoney.com/2010/07/reli...
www.michaeljamesonmoney.com/2010/07/reli...
Relief by Indexing
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 8, 2025 at 1:02 PM
Relief by indexing - My move from stock picking to indexing lifted a burden and likely improved my future returns.
www.michaeljamesonmoney.com/2010/07/reli...
www.michaeljamesonmoney.com/2010/07/reli...
Reposted by Michael James
New: The real reason to start saving when you're young
www.michaeljamesonmoney.com/2025/10/the-...
www.michaeljamesonmoney.com/2025/10/the-...
The Real Reason to Start Saving When You’re Young
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 6, 2025 at 12:06 PM
New: The real reason to start saving when you're young
www.michaeljamesonmoney.com/2025/10/the-...
www.michaeljamesonmoney.com/2025/10/the-...
New: The real reason to start saving when you're young
www.michaeljamesonmoney.com/2025/10/the-...
www.michaeljamesonmoney.com/2025/10/the-...
The Real Reason to Start Saving When You’re Young
A blog about money, personal finance, and investing.
www.michaeljamesonmoney.com
October 6, 2025 at 12:06 PM
New: The real reason to start saving when you're young
www.michaeljamesonmoney.com/2025/10/the-...
www.michaeljamesonmoney.com/2025/10/the-...