High income and cheap credit Why are real estate prices so high? Isn’t the economy still recovering? Yes. Millions have lost their jobs and many are still looking for work. But recessions don’t affect everyone equally. The number of high income individuals is often underestimated. So in today’s post I’ll explain how people can afford to buy multi-million dollar… Read More »
Liquid’s rental property – 1 year update About a year ago I blogged about selling farmland to buy a rental property in the Lower Mainland. I wrote that I expected a 15% annual return. In today’s post I’ll discuss how my 1 bedroom rental apartment is performing, and share 4 important lessons I’ve learned along the way. 🙂… Read More »
In today’s post I’ll be sharing my finances and investment performance over the last 3 months. I totally understand that sometimes it doesn’t feel good to read other people’s stories. Feel free to stop reading here if you are uncomfortable to continue. Having said that, let’s dive right into the numbers. 🙂 Liquid’s Net Worth progress –… Read More »
Making the most out of compound interest In my latest YouTube video I spend 5 minutes describing how to make use of double compound interest. It’s basically like regular compound interest, but you end up with twice as much money in the end. 🙂 You can watch the video by clicking here or take a look below. … Read More »
My partner and I plan to have kids eventually so having more space is a priority for us. That’s why this summer I blogged about buying a bigger home. I had a six-figure downpayment ready to go from selling my farmland. And mortgage rates fell to all time lows. It felt like the right time to buy a… Read More »
Past and future predictions Last year I predicted rough waters for 2020’s economy, and suggested 4 investments to protect against uncertainty. How did those suggestions work out so far? National real estate prices are +7% from last year. Year to date my silver stocks (WPM.TO) is +79%. Major telco stocks are down by about -3%. XCB.TO, an ETF… Read More »