Avocado Report

You just received a $10,000 bonus. Your financial advisor suggests maxing out your TFSA immediately. Your friend says rates might go higher—wait a few months. Your credit card balance sits at $8,000 with 19% APR. Which move costs you the most money? This isn't a trick question, but the answer reveals why most people struggle with wealth building. Understanding the time value of money isn't academic theory—it's the difference between building wealth and watching opportunities evaporate while you wait for the "perfect" moment. The core idea is simple : wealth is not primarily built by picking the perfect investment — it is built by putting money to work as early as possible and keeping it there. TL;DR A dollar today is worth more than a dollar tomorrow because time, not talent, drives wealth. Money invested earlier compounds longer, while delays quietly destroy future wealth through lost returns, inflation, and high-interest debt. Starting early with small...

In November 2024, I wrote about concerning S&P 500 valuations , noting that " the market appears to be trading at relatively high valuations based on the current P/E ratio of 30.47, which is well above historical averages. " Those concerns seemed validated when the market experienced a sharp 21% selloff in March 2025, triggered by the Deepseek AI announcement and sweeping global tariffs from the new US administration. However, what followed was remarkable: a 42% rebound from the April lows, propelling the S&P 500 to a fresh all-time high on October 29, 2025. The index currently trades at 6,877, up 17.66% year-to-date. With the market at new highs and investors feeling euphoric, this is precisely the time to step back and assess where we stand from both fundamental and technical perspectives. A Historic Bull Run: The Numbers  The S&P 500's performance from 2020 through 2025 has been extraordinary. Here's the year-by-year breakdown with total returns (includ...