Podcast 5: Master Class with the Millionaire Teacher + MORE Feb 8th

TSX getting you down? There are always sound investment alternatives.
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Canadian tennis pro Pospisil upset about player earnings | Offside - Daily Hive Aug 7th

Canadian tennis pro Pospisil upset about player earnings | Offside  Daily HiveFelix Auger-Aliassime avoids beating himself in Rogers Cup opener  Sportsnet.caFelix Auger-Aliassime beat fellow Canadian Vasek Pospisil in first round of Rogers Cup in Montreal  TSNFelix Auge.... More »

What the data isn’t showing about credit stress + MORE Apr 15th

The broad picture of household finances indicates that Canadians are generally managing through the upheavals of tariffs, a soft job market, inflation, and other headwinds, but looking deeper shows pockets of severe credit challenges.  The recent difficulties at Goeasy Ltd. give a hint of those .... More »
investment

TFSAs, RRSPs and FHSAs: 10 things you might not know + MORE May 6th

Amidst volatile financial markets and economic uncertainty caused by the trade war, many Canadians are exploring different strategies to protect their savings. If you’re among them, knowledge about different registered accounts you’re saving in can influence how effectively you use them to secur.... More »
 mutual funds

Foreign home buyers surge 37 per cent in Montreal on growth in Chinese purchases + MORE Jun 22nd

Canada’s federal housing agency says the number of foreign buyers in the Montreal area surged by 37 per cent in the first four months of the year. The 236 purchases by foreigners accounted for 1.8 per cent of all real estate transactions from January to April, the Canada Mortgage and Housing C.... More »

What’s involved in moving investments from a high-fee advisor to a DIY setup? May 28th

Q. I have been concerned about high fees charged on my investments and have been trying to figure out a way to move my funds without getting hit with a huge tax bill. I started with mutual funds and today I have a 60% equity and 40% income balanced portfolio plan. My last statement shows about 5% re.... More »
Saving money with a semi-detached house(Freeimages.com)
For buyers dead-set on moving into a single family house, there seems to be little room to budge. The price-tag for detached urban homes is out of reach for many, but that’s doesn’t mean a move to a condo apartment is the right step. For some buyers, no amount of amenities or nearby transit stops are enough to give up on a private backyard, more living space or the freedom to renovate. Lengthy commute times be damned.
Buyers still juggling with the trade-off between budget, space and amenities, must really contend with finding the right type of home for their family and lifestyle. While detached homes and condo-apartments are options, there are also townhomes and semi-detached homes (known as duplexes in B.C.).
From a price-point perspective, a semi-detached house or a townhome can make good financial sense. Here’s what you need to know about these two housing types.
What is a semi-detached house?
A semi-detached house (semi for short) is a single family residence that is attached to its direct neighbour on one side through a common wall…

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Vancouver SunToronto financial district stabbing suspect Rohinie Bisesar set to go to trial next January after firing second lawyerVancouver SunTORONTO — A woman charged in an apparently unprovoked fatal stabbing in Toronto's financial district is expected to stand trial next January. Rohinie Bisesar is charged with first-degree murder in the death of 28-year-old Rosemarie Junor. Junor …Rohinie Bisesar, accused of fatal PATH stabbing, to stand trial next JanuaryCBC.caWoman accused of random PATH murder fires second lawyerToronto StarTrial for woman charged in fatal PATH stabbing expected to begin next JanuaryCP24 Toronto’s Breaking Newsall 21 news articles »

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Almost four out of every 10 Canadians polled in a recent BMO survey admit they’ve withdrawn money out of their RRSP early, and almost a fifth of them don’t ever expect to replenish what they’ve taken out.

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The Seattle TimesBombardier gets financial boost from Canada for jet programsThe Seattle TimesA new Bombardier CS300 taxis to the runway before taking off on its maiden test flight, Friday, Feb. 27, 2015, in Mirabel, Quebec. (Ryan Remiorz/AP). Canada's government will provide $282 million in support for Bombardier to help fund two jet programs, …Editorial: For Bombardier, let there be liftoff…or nothingOttawa Citizenall 187 news articles »

Continue Reading On Seattletimes.com »

My newest podcast features an interview with Andrew Hallam, author of Millionaire Teacher, a compelling introduction to building wealth through smart saving and disciplined investing.

Andrew grew up in Canada, but he’s a citizen of the world. He spent several years as a teacher at the Singapore American School and has lived and travelled all over the globe. As this podcast goes live, Andrew is touring the Middle East to speak to expatriate investors about how to avoid getting fleeced by the financial industry. And he’s not being paid for his appearances: “I’m not a saint,” he writes on his blog. “But when I’m teaching people about money, I’ll do almost anything so others can learn.”
Andrew has an interesting backstory, which I featured in my MoneySense Guide to the Perfect Portfolio. He was both comically frugal and a tremendously successful stock-picker for many years. This combination of talents allowed him to amass a tidy nest egg in his 40s. “So what did I do after a decade of stock-picking success?” he told me…

Continue Reading On CanadianCouchPotato.com »

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