To become a successful farmer you have to be outstanding in your field, if you know what I mean. But as most investors know, commodity prices have been in a slump over the past couple of years. This means many grain farmers have to live a very tough life. Perhaps some of them barley survive from wheat to wheat! But things may not… Read More »
Profitable Farmland Sometimes when I run out of topics to write about for the blog I would visit the fabric store to find new material. 😀 But other times, I am inspired by visitors like you! A while ago a reader requested I do a profit and loss statement for my farmland. Great idea! So today’s post is… Read More »
April has turned out to be one of the best months of the year so far. 😀 -Stock markets climbed roughly 2% in Canada and the U.S. (27% annualized return) -The bond market is paying higher interest rates. Great for new fixed income investors. 🙂 -Real estate market continues to stand strong. What bubble? 😛 -Canadian dollar strengthens against other… Read More »
Canadian Farmland Values Up Again Okay, it’s that time of year again when the national agency, Farm Credit Canada, release its farmland value report about the previous year’s farming landscape. As it turns out in 2014 the average Canadian farmland price increased 14.3%. 😀 Meanwhile residential real estate prices increased only 5.2%, according to the Canadian Real Estate Association.… Read More »
In January of this year I wrote down 3 goals for myself to accomplish this year. Here’s a recap of those 2014 financial goals. 1) Increase net worth by $55,000 Pass! From the end of December 2013 to now my net worth has increased by more than $110,000. I never expected to exceed my target by twice as much, so that’s a pleasant surprise. Here’s a… Read More »
The American economy is starting to pick up. U.S. stocks have held steady in September. However the Canadian stock market dropped 4.3%, the price of oil fell $3 per barrel, and the value of the Loonie sank to just 89.4 cents U.S. Thankfully my finances held up okay in September. I did lose about $5,600 of value in my stock portfolio… Read More »