Fear and loathing in the Vancouver property market: Don Pittis + MORE Sep 2nd

All about Canadian investments. Learn the ins and outs and get the latest news.
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Winning portfolios don’t have be volatile + MORE May 8th

In today’s investing world, there is no shortage of criteria to choose from when picking a stock. Investors can select to build portfolios based on a variety of factors from growth to momentum, or management quality to industry competitiveness. In particular, dividend portfolios are one type you m.... More »
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What every American should know before buying a home in Canada + MORE Jul 24th

Buying a home is one of life’s biggest financial decisions, but it’s also one of the easiest places to make an expensive cross-border tax mistake. For many families, purchasing a home represents stability, permanence, and the feeling of finally putting down roots. For U.S. citizens living in.... More »

Oil prices drop sharply after Trump moves to reassure markets over Iran war - The Guardian + MORE Mar 10th

Oil prices drop sharply after Trump moves to reassure markets over Iran war  The GuardianIran war live: Trump says conflict will be over soon; Gulf attacks continue  Al JazeeraMarkets Monday: North American stock indexes swing positive, oil prices fall, after Trump suggests war n.... More »

GameStop stock gains 110%, gets halted for volatility after 'Roaring Kitty' post - Yahoo Canada Finance May 13th

GameStop stock gains 110%, gets halted for volatility after 'Roaring Kitty' post  Yahoo Canada FinanceGameStop surges as 'Roaring Kitty' return adds fuel to rally  BNN BloombergGameStop shares are skyrocketing again  CTV NewsGameStop's volatile trading halted: Are meme .... More »
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2017 Financial Goals – March Update + MORE Mar 16th

Save, invest, prosper with My Own Advisor. In my previous update, outlining our 2017 financial goals, I told you my wife and I decided a long time ago we needed some financial goals defined so we have a hope of realizing them.  Nothing has changed… Our money goals for 2017 are rather simple but a.... More »
There’s a lot of debate over whether Apple is still a growth stock, or even if it is a true tech stock as opposed to a consumer staple stock

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CTV NewsVancouver home sales fall in August as demand coolsCTV NewsVANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 26 per cent last month compared to the same month last year, but prices continued to climb. The data comes a month after the B.C. government implemented a 15-per-cent tax …Vancouver real estate 'kicked in the face' by new foreign buyer taxbnn.caSlumping Vancouver real estate sales a return to 'historical' levels, says boardCBC.caVancouver home sales down 26 percent after foreign ownership taxReuters CanadaBusiness in Vancouver -The Globe and Mail -Macleans.ca -Vancouver Sunall 43 news articles »

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Recent buyers of Vancouver real estate have been horrified by reports predicting the collapse of the market. While a downturn is expected to be moderate, anticipation of the actual numbers sent a frisson of fear through markets beyond Vancouver.

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The financial difficulties of South Korean shipping line Hanjin has stranded good around the world, leaving merchants of everything from fashion to Christmas toys wondering when they will get their products.

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Vancouver homes sales fall 26% in AugustVANCOUVER – The Real Estate Board of Greater Vancouver says home sales fell 26 per cent last month compared to the same month last year.
The data comes a month after the B.C. government implemented a 15-per-cent tax for foreign buyers in Metro Vancouver in an effort to cool down one of the hottest real estate markets in North America.
Dan Morrison, president of the real estate board, says it will take a few more months before the impact of the new tax on the housing market can be assessed.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}8 reasons why Vancouver real estate prices are so crazy
Morrison says the record-breaking sales seen earlier this year have been replaced by “more historically normal activity” in July and August.
While sales were down, the real estate board also reported that the composite benchmark price for all residential properties in Metro Vancouver was $933,100, a 31…

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