Author Archives: Liquid Independence
Making sense of real estate taxes in Canada Real estate has historically kept up with inflation. But I’m not sure if it can keep up with taxation moving forward. I’m all for reasonable taxes. I benefit a lot from government services. But at some point real estate taxes in Canada can start to feel excessive. Someone buying a… Read More »
What’s your sign? What is your take on horoscopes? Legit or completely meaningless? If your birth month has no effect on your future prosperity then the rich should be proportionally distributed. Yet that’s not the case. For example, roughly 9% of people in the general population are Libra. However, Libras make up nearly 20% of billionaires. Meanwhile Sagittarius… Read More »
July options trading review This month I received $1,068 in premiums from trading options. This is a new record for me! In today’s post I’ll break down my trades for July. And I’ll explain how I make option trading decisions to maximize income without blowing up my portfolio. 🙂 Here are some key points from this month. I… Read More »
Global wealth rose 7.9% to US $431 trillion last year. This is how much everyone owns collectively, $431,000,000,000,000. The segment that generated the most growth was real assets such as real estate. Society is getting richer as a whole The financial assets owned by everyone in the world increased by 9.3% last year to a record $250 trillion.… Read More »
In 2008 I started out with no assets and zero investment income. All I had was a dream. 😅 Since then I’ve worked hard to make my dream come true. And today I have 3 real estate properties, a growing stock portfolio, and a 6 figure investment income. In today’s post I’ll break down all the ways I… Read More »
In today’s post I’ll share my finances and investment performance over the last 3 months. 🙂 My liquid net worth does not include my home or rental properties. My liquid net worth progress – April to June It has been an amazing quarter for most asset classes. The TSX hit 20,000 points for the first time ever. Here’s… Read More »