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…

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…

How To Protect Yourself From A Stock Market Crash

It’s been over ten years since the stock market took a major tumble that took stocks down 50%. During the next decade since then North American stocks, specifically the United States, have enjoyed the longest bull run in maybe the history of the US economy. Despite the cries that the American empire was crumbling, the…

Why Americans Should Always Buy A Home But Not Canadians

A recent article came my way that was titled “Self-made millionaire: Not buying a home is the single biggest millennial mistake“. This is supposed to make the Millennials rush out the door and buy a home. Make no mistake the author of the article makes very good points. If you’re renting you’re just throwing money…

How To Use Your RRSP To Boost Child Benefits

RRSP season is out in full force for Canadians and there’s just about 1 more week to go before the deadline. If you’ve been reading this blog you’ll know by now that the RRSP account has many uses. You’ll also know that the benefit of the RRSP is to defer taxes to a later date,…