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!
Weekly Recap
Some Thoughts on the Recent Market Drop
Late last week global markets took a big dive. It started in Japan with the Nikkei dropping close to 20% and quickly spread to Europe and North America. Many were taken aback by the sudden drop that seemingly came out of nowhere. But if you bother to read this blog then … [Read more...] about Some Thoughts on the Recent Market Drop
Trudeau and His Minions Continue to Destroy Canada’s Economy
In this latest budget, it's clear that Trudeau and His Minions Continue to Destroy Canada's Economy. 10's of Billions of new borrowing and spending. They are doubling down on their failed policies of the last 9 years. After years of struggling with foreign capital flight … [Read more...] about Trudeau and His Minions Continue to Destroy Canada’s Economy
2024 Will Be A Great Year to Grow Your Wealth
Are you ready for 2024? I think 2024 will Be A Great Year to Grow Your Wealth! Hey everyone, hope you like the new look of the website. I think there will be lots of great opportunities to buy stocks on sale. I think even real estate could still go down more. If Central … [Read more...] about 2024 Will Be A Great Year to Grow Your Wealth
Investing in Uncertain Times
What an age we live in! We live in age of extremes. A time where various trends and forces are pulling apart the fragile political, economic and social structures that have developed over the past 40 years. I titled this post Investing in Uncertain Times, but it's really about … [Read more...] about Investing in Uncertain Times