How Much Will Rising Interest Rates Affect House Prices?

I’ve already written that an epic crash isn’t going to happen, if you’re sitting on the sidelines and hoping for a massive decline, you might be sorely disappointed. Yet there’s growing fear right now in the Canadian housing market. Every day large media centers are reporting huge drop in sales for real estate and an…

How Good Is Your Financial Literacy?

One of the things that the Canadian education system fails to teach our young kids are the lessons related to financial literacy. It’s quite bad if you think about. Most kids will grow up knowing how to read, write and do arithmetic but when they get older they won’t even know the basics of how…

How To Simplify Your Investment Portfolio

When I mention index investing a lot of people just give me bewildered looks. “What are you talking about?” “Are you even speaking English?” Hey! Were it not for the fact that I know most people don’t know anything about investing, I’d take that as a racist comment. But I’ll let that pass for now.…

What Have You Missed This Year?

If you’ve followed my blog, you should know by now that I’m a big fan of passive index investing. That means I don’t really like to pick individual stocks. I also don’t like to day trade and manage my money on a daily basis. Some may think this is a stupid way to make money,…

Should You Be Afraid of Home Capital Failing?

The business and economic news that is dominating Canadian media is how an alternative mortgage lender named Home Capital Group has lost over 80% of its value over the past week. This has led to speculation that the company won’t survive and it could be sold off as it continues to lose liquidity. Before we…