Financially speaking this has been the best year for me so far. Here’s a 2014 year end review and some updates about what’s been going on in my personal life. Braces Removed Earlier this year I decided to get braces for financial reasons. According to my research people with very straight teeth make more money than the average person. The… Read More »
The American economy is starting to pick up. U.S. stocks have held steady in September. However the Canadian stock market dropped 4.3%, the price of oil fell $3 per barrel, and the value of the Loonie sank to just 89.4 cents U.S. Thankfully my finances held up okay in September. I did lose about $5,600 of value in my stock portfolio… Read More »
Last week I invested roughly $5K into two new companies: Timbercreek, and Atrium. Both are mortgage backed securities called MICs and trade publicly on the TSX. Timbercreek (TMC) is based out of Ontario, where it conducts most of it’s lending business. TMC recently lowered its interest payout to 7.8% a year, which is still pretty attractive 🙂 Its CEO… Read More »
I recently read an article about people who camped out for 3 days to be among the first to own the next “hot” thing on the market. What did those people wait in line for? A new smartphone? Nope. A sale on a 60 inch LED TV? Nope. How about a new condo. Yes! Within the first 5 hours of… Read More »
MICs – Real Estate Investment Through Debt It appears both the real estate and stock markets in Canada are at all time highs 😯 Meanwhile yields on bonds and GICs are still near record lows. 🙁 Even cash is losing its appeal because energy and food prices have pushed the inflation rate to a multi-year high. Which begs the question: Where… Read More »
Apple and Beats The world’s largest company, Apple Inc, has purchased Beats Electronics for $3 billion. Beats by Dre is a popular brand of headphones that sells for $300 a pair. #veryprofitable. As an Apple shareholder I approve of this deal and hope to make lots of money from this strategic move 🙂 I hope consumers are ready… Read More »