Dungeons and Ratios
We’re joined by erstwhile co-host Jackson Middleton for a quest deep into the dark heart of determining someone’s financial health, aided by only a few trusty ratios. We may not have a twenty-sided die, but we are going to fight over whether net worth, credit score, and the total debt service ratio can tell someone’s whole money story, or if we need to expand the questions a little.
In this episode, we find out what Jackson’s been up to (hint, he recently had to decide between between a chicken coop and buffing the hallway floor), Chris plays dungeon master to three grumpy dwarves and Sandi throws the board across the room.
Also, we ask what we’ve all been reading, listening to, and thinking about in the as-yet-unnamed segment:
Because Money | Season 3 Episode 2 | Dungeons and Ratios with Jackson Middleton
A list of the interesting stuff we mentioned in this episode of Because Money
Total Debt Service + Savings Ratio is a guide to balancing debts, saving for things like retirement and spending on essentials and luxuries.
The Earth Awaits produces budgets for hundreds of cities around the world according to your lifestyle, family, and housing needs!
An active portfolio manager recently criticized index investing because Valeant became the biggest TSX component and then blew up, as Nortel did in ages past. The implication being that active investing would have avoided concentrating so much into a stock like that.
A lawsuit has been filed in B.C. Supreme Court challenging the provincial government's controversial property transfer tax levy on foreign buyers.
This comic was based on this essay from Augusten Burroughs: How to live unhappily ever after.