Lifestyle decisions and a simple investing strategy

Major lifestyle decisions have a second cost: The savings you give up.  1 (Ryan Haiss, Twitter Sep. ‘26)

$3,000 more per month toward:

  • Travel
  • Cars
  • Bigger house
  • More clothes

Is $36,000 per year no longer going somewhere else. That does not make spending wrong, it just means you should understand the trade-off. Good financial planning is not about maximizing your net worth. It is about intentionally deciding what your money should do for your life.

Many people do not need a more complicated investment strategy.

They need a more consistent savings strategy.

  • Automate contributions
  • Increase them when income rises
  • Invest bonuses intentionally
  • Avoid interrupting the plan every time markets have a draw down
  • Give compounding time to work

The portfolio does matter but behavior usually matters more.

Sincerely,

Mike Busby (1-Oct-26)



THE COMMENTS CONTAINED HEREIN ARE A GENERAL DISCUSSION OF CERTAIN ISSUES INTENDED AS GENERAL INFORMATION ONLY AND SHOULD NOT BE RELIED UPON AS TAX OR LEGAL ADVICE. PLEASE OBTAIN INDEPENDENT PROFESSIONAL ADVICE, IN THE CONTEXT OF YOUR PARTICULAR CIRCUMSTANCES. THIS ARTICLE WAS WRITTEN, DESIGNED AND PRODUCED BY MIKE BUSBY FOR THE BENEFIT OF MIKE BUSBY WHO IS A FINANACIAL ADVISOR FOR BRANDON LINDSAY INSURANCE AGENCIES, A TRADE NAME REGISTERED WITH INVESTIA FINANCIAL SERVICES INC., AND DOES NOT NECESSARILY REFLECT THE OPINION OF INVESTIA. THE INFORMATION CONTAINED IN THIS ARTICLE COMES FROM SOURCES WE BELIEVE RELIABLE, BUT WE CANNOT GUARANTEE ITS ACCURACY OR RELIABILTY. THE OPINIONS EXPRESSED ARE BASED ON AN ANALYSIS AND INTERPRETATION DATING FROM THE DATE OF PUBLICATION AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. FURTHERMORE, THEY DO NOT CONSTITUTE AN OFFER OR SOLICITATION TO BUY OR SELL ANY SECURITIES. MUTUAL FUNDS OFFERED THROUGH INVESTIA FINANCIAL SERVICES INC.

Facebook
LinkedIn
Email

WE CAN HELP

Without barely a moment’s thought, you would…

Do you ever feel like life is too automated?  Maybe…

You have worked all your life and saved for…

After years of living the “rat race”, you are looking…

First you were putting on their diapers. Then you…

LIFE STAGES

If you are just starting out, it’s easy to…

You get home from work, your spouse is…

You are more experienced now, your bank account is…

During the last market downturn, retirees who…

Running a single-person household has a unique..

WHAT WE DO

Many people will offer you advice on…

For most Canadians, retirement is a…

Many people assume that estate planning is…

Investment tax planning is not just about…

Careful portfolio analysis is necessary to…

Proper analysis is vital to ensure that…