There are baby boomers, generation X and then us. Who are the millennials and how am I getting lumped into this mass. Let’s recap for a moment.

Were you born after 1980?

Did any of your childhood television programs include Sesame Street, Tennage Mutant Ninja Turtles, Arthur, iCarly, Pokemon or SpongeBob Squarepants (a personal favourite of mine)?

Do you remember the stock market crash of 2008-2009?

Can you fog a window?

If you answered yes to any of these questions, then you are a member of the elite Millennial generation.

The vast majority of millennials have been brainwashed by their previous generation – the baby boomers – into a very simple one asset investment strategy. And this strategy will prove to be VERY dangerous in the coming decades if it's the extreme bulk of your net worth.

Canadians taking a vacation south of the 49th parallel are finding out their lone is worth around 80 cents US at the moment.

Such is life in this world of currency exchange - aka FOREX (Foreign Exchange).

The USD is worth about $1.25 CAD these days and that means that the Yanks can buy 25% more goods North of the border. Great news for the hawks that are looking for deals.

How much is my currency worth relative to another?

How do I know what the purchasing power of my local currency is?

A funny unit of measure is the Big Mac Index… Here's the equivalent price of a Big Mac in Us Dollars around the world.

There are several vehicles where you can put your hard earned money to work for you.

The headline photo above is a sure fire way to compound your spouse's disinterest of you and not a recommended way to grow your wealth through compound interest.

So the #1 question on an investors mind is this:

"How and where should I invest my money?"

Let's get to it….