Alain Guillot

Life, Leadership, and Money Matters

  • Invest in the Index, not in individual stocks

    Invest in the Index, not in individual stocks

    Every day, there are many companies experiencing significant price drops. There is a section on Yahoo Finance called “Day Losers” where the biggest losers of the day are highlighted. Are those good buying opportunities? Maybe. All of our favorite Blue Chip stocks have been part of this list. Some of…

  • Balancing Your Business With Family Life

    Balancing Your Business With Family Life

    Having a business to look after is normally a considerable undertaking. This is true regardless of the scale of it, although some businesses will obviously be even more of an undertaking than others. If you are keen to make sure you are doing everything right, you might be wondering how…

  • Increase your wealth by reducing your taxes

    Increase your wealth by reducing your taxes

    In our journey to build wealth, we are constantly looking for ways to increase revenues, reduce expenses and invest wisely. If you earn more than $80,000 per year guess what is one of your biggest expenses… Taxes! In Canada, a person in a higher income bracket is already paying more…

  • Now (and always) is the worse time to invest in bonds

    Now (and always) is the worse time to invest in bonds

    Anytime anyone consults a financial adviser, two things typically occur: We’ve discussed point #1 in previous posts. Financial advisers invariably promote funds with high expense fees because they receive kickbacks known as trailer fees, which constitute a significant portion of their income. However, it’s important to note that these trailer…

  • How to Take a Struggling Service-Based Business & Turn it Into a Thriving One

    How to Take a Struggling Service-Based Business & Turn it Into a Thriving One

    There is a difference between owning a business and running a successful one. There will be a selection of different criteria you will need to focus on depending on what sector your chosen business operates in. One of the most common types of business models people choose is a service-based…

  • Is a 4-year degree still relevant?

    Is a 4-year degree still relevant?

    I went to Concordia University (in Montreal) and earned a 4-year degree. For me, it took 5 years because I had to learn French as well, as French is necessary to survive in a French speaking province such as Quebec, Canada. For me, getting a degree was useless. I was…