I’ve been using a peer to peer lending service called Lending Loop for several months now. It allows businesses to access financing from lenders all across Canada (except in Quebec due to excess regulatory hurdles.) There’s about 6,800 investors using the platform so far. I thought I’d share my thoughts about investing in Lending Loop. Discuss the advantages… Read More »
The New Land of Opportunities is Cold, but Friendly Many Americans want nothing more than to have the equal opportunity to achieve success and prosperity through hard work, determination, and sheer sticktoitiveness. 🙂 But research from the Pew Research Center suggests that there is a growing gap between the country’s rich and poor. As the middle class gets squeezed it… Read More »
I recently came across an informative and inspiring thread on the financial independence subreddit about additional income streams that people have. Here are some ones I thought could be relevant to people who read this blog. Ideas for Extra Income Rent your car. Turn a depreciating asset into an income stream. 🙂 “I rent my car out on… Read More »
A Car Buying Formula Someone once said that an old car is like virginity. Once you’ve had it for over 25 years it’s kind of hard to get rid of because nobody else wants it either. 😄 But I’m not here to give relationship advice. This is a personal finance blog after all. So in today’s post we’ll discuss one of the… Read More »
Dow Jones trading over 21,000 points It’s only the beginning of March and the stock market indexes are already up 6% to 9% year to date in the United States. The Dow closed over 21,000 points last Friday. Of course hitting new highs is nothing special for the stock markets. But who knows how long this momentum will last. We… Read More »
I’ve been saying for years that real estate prices in Canada are not that high. Certain areas like Vancouver and Toronto have the perception of being unaffordable. But the fact that population growth is still positive in these major cities suggests otherwise. If these places weren’t affordable then people would be moving out of them, not in. 🙂 People… Read More »