Archive for the ‘Opinion’ Category

Search for anything on the Internet and I dare you to find reliable information. Every single time I search for a topic - any topic on the Internet I get the views or theories of the so called "freelance writers" who may or may not be 12 years old. In my...

October 20, 2013 | In: Opinion

Cloud and Snake Oil

I was going to title this post "Why I don't respect technology companies that use the term cloud", but I figured it was a very long title, so I went with a shorter title. Let me get straight to the point: Cloud is about saving your data somewhere on...

October 12, 2013 | In: Opinion

The MBA Is a Scam

A few years ago - I applied for MBA candidacy at Concordia - twice. I even published my statement of purpose on this blog. The first time I was accepted, I didn't have the time to attend even the first session, so I opted out. The second time I was...

January 23, 2013 | In: Opinion

How Low Can AAPL Go?

Every since the release of the disappointing iPhone 5, AAPL was sliding in a downhill. Some investors wonder, how low will AAPL go? A few months ago, everyone thought that $600 was an unbreakable support level. A week ago, everyone thought that $500 was...

I had a chat with a flight attendant the other day while on the plane back to Montreal. The flight attendant said that she loves the hotel that she stays in when her airline goes to Toronto. So I asked her, which hotel is it? She said it's the...

I had an overdraft charge this morning - the thing is that I used the wrong account to make a purchase, and I got dinged with a ridiculous $30 ($29.95 to be exact) just because I bought some fruits worth $7 with my Interac card at the local grocery. In...

High speed trading is the "trading du jour" nowadays. Every bank is now running to implement its own system of high speed trading, simply because this method of trading incurs no loss whatsoever. High speed trading consists of a computer software (running...

May 4, 2012 | In: Opinion

Why RRSPs Are Bad

Everytime I have a meeting with someone in a Canadian bank the first question they ask me: "How come you don't have RRSPs with us?" My immediate answer to this question is: "I don't know, can you tell me about the benefits?" So s/he usually says the...

The Canadian Stock Market had indeed caught the attention of the investors since 2008, being supported by an economy that was resilient to the economical downturn that started then. In fact, here are some facts about the Canadian economy: Most of the...

February 12, 2012 | In: Opinion

Are Banks a Ponzi Scheme?

We use them everyday - we deposit checks in them, we withdraw money from them, we transfer our salaries to them, they charge us outrageous interests and fees and we seem to be always grateful, regardless of how much they're using us. They are called...

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