Home buying guide for low income households Are you renting in an expensive city but want to buy your own property? If so, this new video is for you. It focuses on a hypothetical couple in Vancouver, but could be relevant to any other growing city. Anyone can afford to become a homeowner, even those making the minimum… Read More »
High income and cheap credit Why are real estate prices so high? Isn’t the economy still recovering? Yes. Millions have lost their jobs and many are still looking for work. But recessions don’t affect everyone equally. The number of high income individuals is often underestimated. So in today’s post I’ll explain how people can afford to buy multi-million dollar… Read More »
Owning a piece of the suburb The recent stock market mayhem is a crucial reminder of how important it is to maintain a well diversified portfolio. After selling my farm last year I was too overweight in stocks so I decided to rebalance. 😉 At the beginning of this year I welcomed a new investment property into my… Read More »
Time + Ownership = Financial Freedom When financial writer David Bach was just 7 years old his grandma took him to McDonald’s and explained to him that there were 3 types of people in the world: The minimum wage employees working there, the consumers who pay money and eat there, and the owners who aren’t there but can… Read More »
I think believing in superstitions is bad luck. But bad things can happen to anyone. So one way to deal with unexpected situations is to be like Batman and have a contingency plan for everything. 🙂 I’ve recently updated my stress test page to reflect my current financial situation, which has improved since last year. A stress test removes uncertainty… Read More »
House it Going in the Real Estate Market? So this is the kind of house you can expect to buy in Vancouver today for about $1.19 million. To put this into context, the same $1.19 million could be used instead to create a dividend growth portfolio that would generate $40,000 each year of tax advantaged income for a lifetime. 🙂… Read More »