I’ve been very fortunate with my past real estate investments. My Vancouver condo, and farmland near Yorkton, SK have altogether made me over $75,000 in pre-tax capital gains, at least on paper. 😉 Not too shabby considering how 5 years ago I still had student loan debt and a negative net worth. 😛 Researching a New Investment Idea Recently I was brainstorming ideas for my next… Read More »
Is our home an asset or liability? The answer depends on how we define “asset.” 😉 According to the Oxford English dictionary it’s a a useful or valuable thing or person. Investopedia defines asset as a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefits. According to these definitions a home… Read More »
E-Commerce Giant Don’t feel bad if you don’t know what Alibaba Group Holding Ltd does. An Ipsos poll conducted for Thomson Reuters found that 88% of Americans had never heard of the e-commerce company. Based out of China, Alibaba is like a combination of Ebay + Amazon, and is responsible for 80% of all online sales in the world’s… Read More »
I came across a story recently about a couple who moved from Colorado to California. Their incomes doubled and within two years they became debt free 🙂 The article starts off as follows. This couple dropped $185K+ of debt in 20 months – Here’s how! What do too many student loans, a mortgage, and a few bad money decisions equal? A… Read More »
Some experts say the North American real estate market is starting to become overvalued again. In today’s post we’ll compare property prices to rents and explore whether or not overheated markets like Vancouver are headed for a hard landing. 🙂 Rent vs Buy Let’s take two fictitious singles, Alice and Barry, who are both from Vancouver and work for… Read More »
MICs – Real Estate Investment Through Debt It appears both the real estate and stock markets in Canada are at all time highs 😯 Meanwhile yields on bonds and GICs are still near record lows. 🙁 Even cash is losing its appeal because energy and food prices have pushed the inflation rate to a multi-year high. Which begs the question: Where… Read More »