How to go about securing the best return for your investment in Canada.
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When To Sell Your Investment Property? Sep 25th
Theoretically, real estate appreciates forever. The housing market rises and falls but given enough time, all properties are worth more than their purchase price. However, holding on to properties forever is impossible. Moreover, taking advantage of a high point in the market can be the best decisio.... More »
Kathleen Wynne’s re-election bid is off to a bad start + MORE Mar 28th
As a rule, voters love to be bribed with their own money. However, I am cautiously pessimistic that this maxim is not going to work for the Ontario Liberals.
The election is only three months away and Premier Kathleen Wynne—deeply unpopular and behind in the polls—is handing out multi-billion do.... More »
Spotify files for IPO of up to $1-billion + MORE Feb 28th
The company intends to apply to list its ordinary shares on the New York Stock Exchange under the ticker symbol ‘SPOT’
.... More »
Stock market news live updates: Stocks waver as big earnings week begins - Yahoo Canada Finance Jan 23rd
Stock market news live updates: Stocks waver as big earnings week begins Yahoo Canada FinancePre-Market Brief: Stocks Mixed As Investors Brace For Tech Earnings BarchartMarkets: Wall Street drifts CTV NewsU.S. Stocks Trade Sideways As Fed Mouthpiece Hints At Interest.... More »
TSX poised to eke out gains in 2018, despite uncertainty over NAFTA and oil + MORE Jan 1st
While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to catch up with its outperforming global peers in the new year should instead anticipate more modest returns with the add-on o.... More »
Investors look for financial restraint as good times roll for gold miners
– theglobeandmail.com
In the past, strong gold markets have led to a round of mergers, acquisitions and mine-building, followed by a painful reckoning
Cenovus open to selling some natural gas assets it acquired from ConocoPhillips
– theglobeandmail.com
Canada’s Cenovus Energy Inc. has said it may sell parts of the natural gas assets it recently bought from Houston-based ConocoPhillips
Why BMO’s Brian Belski is buying certain sectors with his ears plugged
– theglobeandmail.com
Bank of Montreal’s chief investment strategist’s favourite sectors are financials, materials, and industrials
In Toronto real estate, short-term strain could help prevent long-term pain
– theglobeandmail.com
The key question is how far housing prices will come down when the boom comes to an end
This boring money advice never goes out of style
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.Money advice
I’ve read countless personal finance and investing books and articles. I’m sure I’ll read many more. Most books and articles all say similar things just differently – maybe you don’t need any more money advice at all!
Here is a collection of some ultra-boring yet time-tested money advice that never seems to go out of style. For kicks, I’ll include our efforts that take this advice to heart.
Debt
Holding long-term mortgage debt, in general, is not considered “good debt”. Unless…you are assured your investment (primary residence, rental property, other) will increase substantially in value over time. Lucky you Toronto and Vancouver. Not everyone owns a million dollar home that appreciates 15-20% more every single year. #unsustainable.
We don’t have this confidence in our home. So, we’re trying to kill our mortgage debt. The other benefit of not having any mortgage debt is I don’t have to think (or write) about mortgage debt anymore…
