Over the next few weeks, I’m going to a series of posts about whether certain asset classes are overvalued. I call it the bubble series. First up: Canadian housing. Over the past decade, real estate has been one of the best performing sectors in Canada, if not the best. There are countless stories of people…
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This economy has produced an unlikely winner in the housing market. If you have a home that won’t sell and you don’t have the option of staying put, your home could be a cash generator for you. Here’s why, over the past year the demand for rental property has surged and it is expected to…
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New reports say that the rate of foreclosures down in the US has once again picked up. This is certainly bad news but some economists believe that before the housing market can rebound, the balance of the toxic mortgages have to be flushed out of the system. Here in Canada where the real estate market…
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There are many beliefs about personal finances that are sometimes unfounded and often not interpreted correctly. As people’s relationship with money can vary a great deal, when it comes to personal finances there are unfortunately no magic formulas for ‘getting rich’, ‘saving’, or ‘eliminating debt’ that can be applied to everyone. Here we’ll look at…
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Did you feel inclined to build Lego cities or sand castles when you were young? Did you always insist on decorating and setting up your room so that it’s trendy, practical and useful? Are you worried that your creativity is not fully utilized in your job? Well, then you should consider flipping houses as a…
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If I’ve learned one thing from my current move, it is that you can save a lot of money and a lot of stress by timing your move right. So we knew we were going to end up moving by the end of the month. What we did not know is that we were going…
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Residential property investment is a potentially excellent form of wealth creation- If you know what you’re doing. There are many possible traps, too, and you must have a very clear, realistic approach to your investment strategies and expectations. This is one of the most lucrative areas of capital investment, but it can also be one…
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