How can you grow your money?

How can you make money?

I suggest that you steal a page from the wealthy.

Business e-Volution, by Jacoline Loewen

The Spectrem Group found business owners account for 6% of seven-figure households — triple that of doctors and lawyers.

Don’t expect to get rich quick; the payoff comes when you sell. There is a great deal of that so-called sweat equity that is not seen or experienced by the average tax payer in Canada.

The median price for a web-design firm last year was $687,500, according to BizBuySell. I write about how to use the Internet to grow your business in my book, Business e-volution.

Construction firms tend to fetch $2.1 million. The bricks and mortor businesses still deliver a good return Not shabby amounts to add to your investment portfolio.

Two demographic trends to keep markets rising

Next week, I am running a breakfast session with our economics strategist and the topic is "Is it Getting Late?"

Jacoline Loewen

This long run is worrying many investors. As we all know, change is constant so what could keep the markets trending upwards?

Here are two demographic developments that I believe are likely to move the markets for decades:

1. Canada’s echo boom

As the ratio of a country’s middle-aged (35- to 49-year-olds) to young (20 to 34) rises, so do stocks, says Brookfield research.
Why? As people age, they start to save more for retirement, which is good for the markets. The Canadian and U.S. M/Y ratio surged in the ’80s, sank in the 2000s, but is expected to turn around next year, thanks to the aging of the millennials.

2. China’s baby boom

Beijing is easing its one-child policy, starting off by allowing parents who are only children themselves to have a second child.
“Think about what that means for demand for infant formula, food, education, and housing,” says David Winters, manager of the Wintergreen Fund.

What do you think? Continue the conversation on Twitter: jacolineloewen