As expected, the Bank of Canada Cuts by 50 BPS today. What does this mean for borrowers? Well that depends. Commercial Bank prime lending rates should follow suit so rates variable rate mortgages, HELOCs and Line of Credits will be cheaper. Any short term interest that … [Read more...] about Bank of Canada Cuts by 50 BPS Now What!
Thoughts on Finances
What People Don’t Understand About Building Wealth Is…
One of the things that has really annoyed me over the last few years (other than everything the Trudeau Government has done to Canada), has been how average people are getting sucked into bubble manias. What People Don't Understand About Building Wealth is that it's the long … [Read more...] about What People Don’t Understand About Building Wealth Is…
Why Canadians Need to Own GOLD
Here are some of my thoughts on Why Canadians Need to Own GOLD and I'm talking physical, hold it in your hand gold. First off, this isn't a doom and gloom kind of post. I've tried to articulate in as sane and sober way as possible my personal reasons for holding a portion of my … [Read more...] about Why Canadians Need to Own GOLD
Are You Putting Money To Work in This Market?
Are you people putting money to work in these crazy markets? In this post I discuss where I see value and where I'm putting my money to work. Asset Markets have been on quite the roller coaster ride the past few years. The ups and downs have everything to do with inflation … [Read more...] about Are You Putting Money To Work in This Market?
How Average People Get Rich
How Average People Get Rich is really quite simple, but few have the dedication to achieve it. If you think you're one of those people then keep reading. For years I've written articles on how to build safe, stable long term wealth on a middle class income. I've read all … [Read more...] about How Average People Get Rich