Affordability doesn’t always mean cheap vs expensive prices. If a gallon of milk is cheaper in the US than in Canada that doesn’t automatically mean milk is more affordable for Americans, although in this case that does seem to be true (>_<) What I mean though is that affordability can also refer to our purchasing power in a local economy.… Read More »
To become successful investors we have to think like burglars, because we must be constantly looking for windows of opportunity 😀 I saw an interview recently on BNN about alternative investing and how buying a farm can be a wonderful long term investment. Of course as any diligent person would do, I did some more research into this topic to… Read More »
We’re three quarters done the year already. Time goes by so fast and it waits for no one. The impact of time on the world’s demographics have changed it so much. For example, according to Statscan in just the last 20 years the number of seniors in this country has increased by 57.6%, while the number of children… Read More »
Buying second hand items may not be everyone’s cup of tea, but for the frugal minded it is a great way to save money and still get what you want. But what’s even better than getting used items at a discount, is getting them for free, and there are sites which will let you find freebies online. I… Read More »
I recently sold a bunch of stocks and parked the money in my savings account. I did this because the recent market rally this month made me a little nervous about the next short term market cycle, and also because I’m saving for a down-payment. I’ve had a savings account for almost 10 years now and it’s where I… Read More »
A recent study about individual debt has made me reflect on the question of whether people are too smug about their debt situations. The poll seem to suggest that even though our debt levels are at an all time high, most Canadians are quite comfortable with using debt as a financial strategy. 9 out of 10 respondents would consider… Read More »