The Bitcoin Bust

There were talks of $200,000. Investors said that currency as we know it today would cease to exist and we would be using digital money. Bitcoin was supposed to be the digital currency to rule them all. The defacto measure of wealth in the whole world. Alas, none of those predictions are coming to fruition.…

Revisiting Your Risk Tolerance

Stocks ended October with a thump. If you were holding Apple you ended down 9% in the month. This was never supposed to happen. Weed investors that held Canopy from $7 saw their investment hit ten fold to $74.75, only to feel the wrath of Mr. Market 14 days later when it took a 41%…

Higher Interest Rates? Learning to Say No.

Three or four years ago people thought interest rates were going to go negative. There was talk about the bank actually giving you money for free because the interest rate was actually lower than inflation. Imagine… free money. Little did people know, there was no such thing as free money. Those that took the bait…

The Shocking Investment Truth No One Told You About

“Buy a house. It’s the best investment”. “The banks are crooks, they only benefit the rich”. Common words spoken by common people. Those are the popular phrases that have been drilled into our heads for as long as I can remember. It’s also been reiterated by man real estate agents and moms across the world…

Why It’s Not Dumb To Sell Your House And Rent

In a recent conversation the topic of renting versus buying came up for a retired couple. This said couple decided to sell their home and rent rather than downsizing or continuing to live in their own home. You can imagine the blasphemy that erupted from the table. “Why are they renting? Why would they sell…

Your $800K House Costs More Than You Think

Five years ago Canadians, particularly those in Toronto and Vancouver, went on a buying spree for homes. Interest rates were dirt cheap at 2% and homes could be bought with a 5% down payment and 25 year amortization. Heck, if your household income was around $80K to $90K, you’d qualify for buying a house. Fast…

It’s So Easy To Start Investing Now

40 years ago trying to invest by yourself was almost unheard of. Buying stocks and trying to invest in companies always involved a lengthy conversation with your broker. Only the rich would do it, since employing a broker to work for you was always an expensive endeavour. Fast forward a decade later and the advent…