Alain Guillot

Life, Leadership, and Money Matters

  • The end of the year is coming. Are you updating your will?

    The end of the year is coming. Are you updating your will?

    Every year I write a Last Will. These are my reflection for the 2023 year.

  • Paul Allen Record-breaking $1.5bn art sale underperformed the market

    Paul Allen Record-breaking $1.5bn art sale underperformed the market

    In case you don’t know who Paul Allen is, he is co-founded Microsoft in 1975 with his childhood friend Bill Gates. One of the things he did with his money was to collect art, to have it stored in his basement, under high expensive security, only to bring it out…

  • Why having bonds in your portfolio is dumb

    Why having bonds in your portfolio is dumb

    In most personal finance books I have read, the experts suggest a constant rebalancing of a portfolio, shifting from stocks to bonds as we get older. I think that’s the dumbest idea I have ever read. There are two main reasons why rebalancing is such a prevalent idea: The objectives…

  • Tip of the day: Never buy Gold or any Crypto assets

    Tip of the day: Never buy Gold or any Crypto assets

    It’ sounds like a bold statement, but Gold, Crypto-whatever, NFTS, and many others are non producing assets. Let me explain: When you buy stocks in a company, you expect that company will sell a product or a service that will generate revenues and hopefully a profit. A stock is a…

  • Free money from the Quebec Government $400 to $600

    Free money from the Quebec Government $400 to $600

    When François Legault was campaigning during the last election he promised every Quebecer a bribe of $500 if he got elected. Well, François Legault is keeping his promise. He got elected and now he’s handing out cheques to Quebecers ahead of the holidays. The checks will be between $600 to…

  • How to Keep Your Employees Safe

    How to Keep Your Employees Safe

    Keeping your employees safe is a concern for almost every employer. Employees are an important part of your business and you need to make sure that they are properly taken care of at all times.  Security is always a huge issue and you need to ensure that they are taken…