All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
PlayStation 5 to be in short supply till second half of 2021 due to chip shortage - gizmochina Feb 24th
PlayStation 5 to be in short supply till second half of 2021 due to chip shortage gizmochinaSony Finally Announces Next-Gen VR For PS5 KotakuSony Explains Why PS5 Stock Is So Hard To Find ForbesThe best free PS5 games Digital TrendsSemiconductor shortage m.... More »
Financially Struggling? Here’s a Step-By-Step Guide to Help You Financial Freedom + MORE Mar 12th
Getting financially sound is one of the most difficult things to do in America’s consumerist society. There’s always things popping up that look interesting to buy. Figuring out how to navigate through this environment is very difficult for most people.
Luckily, there are some basic steps everyo.... More »
Saudi Arabia to sell off Canadian assets and stop buying Canadian wheat and barley Aug 8th
The Kingdom of Saudi Arabia is reportedly selling off its assets in Canada and will stop buying Canadian wheat and barley, in the latest escalation in the sudden diplomatic dispute between the two countries..... More »
Prince Harry, Meghan thrown cruel insult as King takes strict action - The News International Nov 3rd
Prince Harry, Meghan thrown cruel insult as King takes strict action The News InternationalKing ‘cuts financial ties to disgraced Prince Andrew after refusal to move out of home’ The IndependentPrincess Eugenie and Princess Beatrice dealt inheritance blow over Royal Lodge '.... More »
What to expect from Mark Carney’s fiscal update amid high deficits and rising risks - Toronto Star Apr 26th
What to expect from Mark Carney’s fiscal update amid high deficits and rising risks Toronto StarCarney faces pressure to show results in spring fiscal update: former PBO Global NewsLiberals must show results in spring economic update: former PBO Winnipeg SunCarney .... More »
Montreal’s TandemLaunch puts a twist on startup strategy
– theglobeandmail.com
Incubation and seed investment firm has backed 17 idea-stage tech firms and created conditions for success, while hiring women for half of senior roles in the process
How to win the endgame of financial independence
– moneysense.ca
SPEEDREADERBook: Building wealth and being happy: a practical guide to financial independence
Author: Graeme Falco
Publisher: Graeme Falco 2016
www.amazon.com/dp/B01MXRXM1A
Price: $11.99, Kindle $3.99
WHO IT’S FOR: People who want to get rich slowly over many years and retire early
MORE SPECIFICALLY: Those who want to know how to achieve financial independent but also how to find happiness—apart from the dollar amount in our investment accounts.
DOES IT BUST ANY MYTHS? Yes, that there are legitimate reasons to have a home country bias in your portfolio—favourable tax treatment for domestic stocks being one of them. And while there is no clear “right” answer to this asset allocation question, Canadian investors can reasonably defend an allocation made up of anywhere from 4% to 30% Canadian equity.
DOES IT TOUCH ON ANY OTHER INVESTMENT THEMES? Of course, the book talks about ETFs, stocks, asset allocation as well as taxes for someone setting themselves the goal of generating passive income for early retirement…
Toronto homeowners cash out of hot real estate market – CTV News
– news.google.ca
CTV NewsToronto homeowners cash out of hot real estate marketCTV NewsTORONTO — Sarah Blakely recalls feeling some trepidation when she and her husband shelled out more than $300,000 for a modest 1 1/2-storey house in a less-desirable part of Toronto. Scroll down or click here to vote in our poll of the day. Seven years …and more »
A pedestrian walks between homes for sale in the Leslieville neighborhood of Toronto, Ontario, Canada, on Saturday, March 4, 2017. (Mark Sommerfeld/Bloomberg/Getty Images)TORONTO – Sarah Blakely recalls feeling some trepidation when she and her husband shelled out more than $300,000 for a modest 1 1/2-storey house in a less-desirable part of Toronto.
Seven years later, they found themselves on the right side of a hot housing market, with values tripling in a ‘hood suddenly considered up-and-coming for young families seeking detached homes.
They recently sold that renovated three-bedroom for more than $1 million and now expect to live mortgage-free in a four-bedroom purchase in their hometown of Ottawa.
RELATED: Canadians are googling ‘housing bubble’ like mad
The 34-year-old says it made sense to cash out of a city that was draining their finances, energy and family time.
“My husband and I saw an opportunity to take advantage of the recent gains in real estate and to move to a less expensive city to live mortgage-free, support our savings for retirement and also to be closer to family,” says Blakely, whose new home has nearly twice the square footage…
Many buyers and sellers are waiting to see what will come of Tuesday’s scheduled meeting between Finance Minister Bill Morneau, Ontario Finance Minister Charles Sousa and Toronto Mayor John Tory, who are expected to discuss ways to rein in Toronto’s hot housing market. Meanwhile, the Ontario government is promising to announce affordability measures soon.


