What a Liberal Government Means for Canadian Investors ? Last week the charismatic Justin Trudeau lead the Liberals to win the 2015 federal election. I’m sure his good looks has nothing to do his popularity and success. 😛 Justin pledged to make meaningful policy changes to the country that could benefit millions. But will his commitments help you? The… Read More »
The R Word Stock markets fell about 5% in August and my assets have dropped in value. Canada is technically in a recession now. 🙁 Oy vey. But we investors are deep thinkers. For example, if pencils came with erasers at both ends, what would be the point? ? So we understand that recessions are necessary for economic growth to… Read More »
Best Cities In the World The Economist recently released its new livability scale report. This study compares 140 cities across the world and ranks them based on factors such as political stability, healthcare, safety, and educational resources. Canadian and Australian cities dominated the top 5 spots for having the best koala-ty of life! 😀 Below are the top five cities in the list. Melbourne, Australia… Read More »
The Bank of Canada Governor Stephen Poloz stated last month that this country’s housing market could be overvalued by as much as 30%. This may very well be true, but it’s nothing to be alarmed about. 😉 In fact I would be really surprised if our real estate market was not overpriced given what’s going on in the rest of the… Read More »
Flawed and Unreliable The debt to disposable income (DTI) ratio represents the ratio of one’s total debt amount to his after tax income. But the debt to income flaw is not often discussed. “Debt” is a balance sheet item (net worth,) but “income” deals with budgeting (income statement.) Debt is simply a static number, while income requires the element of time… Read More »
Americans VS Canadians on Household Debt Consumers love to spend money. And around this time of the year big spenders tend to have a whole lot of purseonality. A report from the newyorkfed.org shows that Americans have a total of $11.7 trillion of household debt. Roughly 74% of that is mortgage debt. That’s aboot $37,000 of total debt for every… Read More »