Jim Chuong
Investor achieving early retirement; invests in U.S. real estate and stocks; shares practical strategies.
Survived Toronto's Last Housing Crash, Grateful for This
I adulted into the last Toronto real estate meltdown and I’m grateful to be here for this one.
Even the Clueless Can Thrive with Low‑fee Index ETFs
Someone dumber than you is getting rich by just investing in a low fee index etf
2010 Housing Boom: Cheap Homes, Tiny Commissions, Agent Exodus
In 2010 the best house I bought in the U.S. in was $40,000. The cheapest was $30,000. The most expensive was $90,000. U.S. dollar was parity with the Canadian dollar. Realtor commission was $500 to $1,000 per. Most left the industry because they...
Investing Creates Passive, Tax‑deferred Wealth—Buy Discounts
Investing makes you unemployable. This small investment alone made me a passive $175,000 tax-deferred over the last year. Liberation Day April 2025 was one of the best months for the stock market in recent memory. You can’t buy the bottom, you can...
Earn 70% Profit by Monetizing Social Media Opinions
If you want to start a business that makes money, the simpliest is a posting opinions on social media where you have no overhead, no employees; just a smartphone or laptop. Pay corp tax but generally keep 70% of the revenue.
Wealth Vs. Poverty: Luck as Reason, Not Reality
The rich use luck as a reason they are rich. Poors use luck as an excuse as to why they are not. That’s the difference.
Spending 42%+ on Housing Signals Financial Trouble
If you knowingly spend 42% on housing you’re worse with money. Should be an automatic pass.
Canadian Homes Have Been Losing Money for a Decade
Canadian real estate is getting DEMOLISHED 🇨🇦 If you bought a principal residence in the last 10 years you lost money. Even if you bought all-cash you’re negative with inflation, property tax, insurance, and maintenance. And if you had interest payments, you’re even...
Dollar's Dominance: The World’s Reserve Currency Forever
The U.S. dollar will be the world’s reserve currency until the day you die. Everyone wants the U.S. dollar 🇺🇸💵 Everyone ✋
US Stock Market $1 Trillion Cheaper—Rethink Your Strategy
CHANGE your investing mindset: 🇺🇸 The US stock market nearly $1 trillion less expensive today.
Buy the Dip: Invest More as Markets Fall
You can't pick a stock market bottom, you can only pick a stock market discount. The strategy for investing is simple: 1. Always stay invested at an asset allocation 2. If the stock market falls 25%/50%/75%, invest 25% of the allocation not...
Missed $15k‑$60k US Homes During GFC
That time during the GFC when you went to buy U.S. real estate, found thousands of listings in a few zip codes with asking prices from $15k CAD to $60k CAD, and Canadians real estate “experts” told you that it...
Toronto Starter Homes Cost $750k, Rent $2.4k
$750,000 purchase price with a $600k mortgage is a “starter home” in Toronto btw. Rents for $2,400/month.