Some people are so debt averse they even refuse to borrow money when interest rates are at rock bottom. They save up for a 30% down payment for a home instead of 20% because they want to save on interest costs. This is despite the fact that Canadian mortgages only cost about 2.5% currently, or sometimes lower like in… Read More »
Welcome to this edition of cooking with Liquid. 😀 Today we’ll be making a simple yet delicious cheeseburger. As many of you may already know, McDonald’s recently started to sell its secret sauces in grocery stores across Canada. This is the first time ordinary consumers can recreate the iconic tastes of the famous restaurant at home without buying dozens… Read More »
Different Priorities for People in Different Income Groups According to the U.S. Bureau of Labor Statistics, people from across the income spectrum have different priorities when it comes to their spending. The graph below from npr.org shows average spending patterns for U.S. households in 3 income categories — one just below the poverty line, one at the middle of the… Read More »
Investment Outlook BlackRock, Inc. based in New York City, is the world’s largest asset manager with $5.4 trillion ($5,400,000,000,000) assets under management, which is even more than what Vanguard has. Due to its power and influence, BlackRock is often referred to as the world’s largest shadow bank. So when this company releases a report, investors tend to pay… Read More »
How to Invest in U.S. Infrastructure Donald Trump’s policies focus on building infrastructure and prioritizing America first. With the U.S. economy growing stronger than Canada’s, I believe this is a good time to look south of the border for opportunities. Thanks to the Trump rally, the S&P 500 market index in the U.S. is up about 7% year to date.… Read More »
Stocks Continue to Climb Technology stocks in the U.S. have recently performed exceptionally well. The Nasdaq index (full of technology stocks) reached a new high, passing 6,000 points. Stock markets reaching new highs is actually quite common. On average, this happens about once a month. But unlike the tech bubble of 2000, this time I believe technology giants… Read More »