I came across a story recently about a couple who moved from Colorado to California. Their incomes doubled and within two years they became debt free 🙂 The article starts off as follows. This couple dropped $185K+ of debt in 20 months – Here’s how! What do too many student loans, a mortgage, and a few bad money decisions equal? A… Read More »
Some experts say the North American real estate market is starting to become overvalued again. In today’s post we’ll compare property prices to rents and explore whether or not overheated markets like Vancouver are headed for a hard landing. 🙂 Rent vs Buy Let’s take two fictitious singles, Alice and Barry, who are both from Vancouver and work for… Read More »
The level of financial risk we can tolerate depends on our savings: The less money we have the more risk we can afford to take on. If you have worked with a financial advisor before then you’ve probably seen a risk tolerance chart like the following. Each portfolio from A to D represents a different risk tolerance of… Read More »
I have been battling a financial addiction since 2008. It has unfortunately gotten worse every year 😐 I just kept going back for more, and couldn’t help myself. The potential harm of this long term abuse came up in a discussion recently when a friend in Toronto asked me what would happen if I lost my job 😕… Read More »
As most of you already know I share all the stock holdings in my U.S. margin account under the “Portfolio” menu above. But let’s take a closer look at my holdings today. At the end of July I was holding 16 different stocks in my U.S. margin account. I gradually deposited a total of $14,000 USD into this account over… Read More »
Someone I work with told me yesterday about a company that designs and manufactures video surveillance equipment and software called Avigilon (TSX:AVO) He said he knows a person who knows another person who has worked directly with AVO and thinks the stock is very undervalued right now. The company is expected to announce their quarterly financial results very soon.… Read More »