Net Worth: Assets: Cash = $10,000 Stocks = $32,200 Home = $237,000 Liabilities: Mortgage = $212,300 Line of Credit = $4,000 Total Net Worth = $62,900* ( +4.13% MoM) Overall 2010 Numbers:Year to Date Net Worth +102.9% Investments Ave Return 7.3% Total Passive Income $650 High increase to yearly net worth is mainly because my net worth was… Read More »
Whenever you buy something from Wal-Mart using your Visa CCard, Visa will charge Wal-Mart a transaction fee. These fees usually cost Wal-Mart about 2.5% of the total transaction amount. But they can vary between 1% to 3% usually depending on which type of CCrd is being used, (air-miles, points, platinum, etc) Stores who accept CCs, like Wal-Mart, can… Read More »
There are a lot of good deals on TVs during this boxing week. It’s surprising how TV prices have dropped compared to just last year. Speaking of flat-screen TVs lets talk about these new “LED TVs” on the market. In brief, every LCD screen has a light source behind it, (that’s why TVs, monitors, laptops, etc give off… Read More »
I recently read a study by the Chinese government about how inflated they think their real estate market is. ———————————————————————- The key points… Of the 35 major cities surveyed, property prices in 11 including Beijing and Shanghai were between 30% and 50% above their market value, the China Daily said. And in some major cities like Fuzhou, real… Read More »
IKEA hands out free bikes to all its employees. ——————————————————- Key Points… Christmas for Ikea staffs came a little early this year as the Swedish company recently gave out full sized bicycles to all of it’s 12,400 employees in the US. Unfortunately we didn’t get any here in Canada. The bikes are all-terrain, uni-sex, and painted in the… Read More »
A recent Harris/Decima poll shows that people are investing more for their retirement. ——————————————– Here are some key points. 74% of Canadians either plan to, or already have RRSPs (similar to 401K plans) People are planning to put more into their RRSPs this year compared to last year 43% of Canadians have opened up a TFSA (similar to… Read More »