Case #2: Buy Or Rent?

Let’s face it. In most areas of Canada, at least the ones with jobs, real estate has reached epic high proportions when it comes to cost of ownership. The costs are so high that many young professional and families have been completely priced out of the market. But does that mean it still makes sense…

How Are People Buying Million Dollar Homes?

Perhaps the question that everyone wants to know is how are Canadians affording homes that are so expensive when compared to the standard average salary in the city they live in? Regardless if the housing market is in decline like Calgary or Vancouver, or steaming hot like Toronto, Halifax and Montreal, house prices in Canada…

Why 99% of People Should Buy A House

When I started learning about personal finance and started to share my knowledge on this blog, I thought it was a good idea to teach people how to save and invest. But boy was I wrong. What I realized after learning about saving and investing is that the save and invest model only worked for…

Case #1: Buy It Or Rent It?

Canadians love real estate. Let’s face it we’re all infatuated by it, but sometimes we have to question our desires to see if buying is actually better than renting at a financial level. I’m a true believer that you can’t put a price on emotions. That’s why if your heart and life goal is set…

Stocks Quietly Doing Well

Among the noise surrounding the controversies of President Trump and Prime Minister Trudeau, the Canadian and American stock markets have done incredibly well to start the year. So much so that the main Canadian stock market indicator, the TSX, closed at an all time high just before the Easter holiday weekend. This is surprising for…

Paying Taxes On Your Return Can Be A Good Thing

With a little over two weeks to go before tax returns are due for Canadians I’m starting to hear a lot of grumbling over having to pay taxes. Paying taxes is inevitable for every Canadian. We’re probably the most taxed people on the face of the Earth with high income taxes and also extremely high…