Keyword Searches – May 21st

The following examples are recent keywords that random people have typed into their search engines, and have brought them to my freedom 35 blog. I’m posting these inquiries up because maybe other readers might be wondering the same thing, or would like to add their own comments on a subject.

May 20th – from Hamilton, ON…
“why is gas so expensive in vancouver”
Mostly due to taxes and inefficiencies. About 40% of what we pay for gasoline is tax, which helps to pay for social services.  For example, there is lot of public support in Vancouver for making housing cheaper, especially for the financially unfortunate. The local and provincial governments need funding to provide affordable housing, decrease the poverty rate, give homeless people shelter and food, and provide skills training to the community. So I think these relatively expensive gas prices are here to stay.

May 18th – from Los Angeles , CA…
“can i liquidate my rrsp account while in student debt to buy a house”
I believe you can. You could either use the home buyer’s plan or directly take the money out of your RRSP to do anything you want.

May 18th – from New York, NY…
“can i borrow more money margin if my stocks go up”
Yes. A margin account is like a home equity line of credit. If the value of your house goes up then you can extend your line of credit and borrow more money.

May 16th – from Toronto, ON…
“what is the median net worth in Canada”
The median net worth for a Canadian adult is $89,014.

May 16th – from Hamilton, New Zealand…
“why do males have a higher net worth than females”
Because males typically make more income than females. Why this is true, is for another discussion.

May 14th – from Hummelstown, PA…
“how to avoid loans in margin account”
Don’t buy more stocks than the money you put into your account. So if you initially deposited $100, you won’t have to deal with any loans as long as you don’t spend more than $100 buying stocks.

May 13th – from Davidson, NC…
“is siemens really pronounced that way”
Not quite, the first letter “S” sounds like a “z” so the English approximation of the name sounds more like zeemens. Siemens is an German engineering company, sort of like General Electric in the US. I like what they do and currently hold some of their stocks.

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Random Useless Fact: The most common months to have babies are July, August, and September.