The Advantages of Inflation Today I want to share one of my biggest secrets to success. I will explain how I generate $5,000 of value a year in passive wealth creation using my mortgage and other loans. It’s automatic, hassle free, hidden from my friends and the government, and is completely legitimate. 🙂 The Destroyer of Credit Everyone knows that inflation drives up the cost of… Read More »
What you can buy for a Canadian dollar these days is absolute noncents. 😀 The loonie has sunken to a multi year low, valued at only $0.86 U.S. The lower Canadian dollar rate today means it’s more difficulty for Vancouverites to pick up milk and cheese for half the price across the border. This Canadian dollar trend going lower will probably… Read More »
Guess what I found on Ebay. Money! But not just any money. It’s a 1923 one dollar bill. Spent $30 but I think it’s well worth it . I scanned both sides of it below right. Click to enlarge. The face value is a dollar, meaning worth the same as a loonie if I decide to spend it.… Read More »
The Canadian Loonie edged up higher today. As of right now you can trade 1 Canadian dollar for 1.028 US dollar. And the US based S&P; 500 is trading at a discount compared to the Canadian S&P;/TSX Composite index so I decided to take this opportunity to buy some US stocks because it’s like taking money that’s worth… Read More »