Deutsche Bank is the latest institution to join in on the growing number of voices warning about the Canadian housing market. According to a recent report, the Canadian housing market is overvalued by 63%. What struck me about this report what that this is the highest estimate of … [Read more...] about Warnings on the Canadian Housing Market!
Net Worth Update January 2015 ($664,597.55)
Here is my net worth update January 2015. I like to track my family's progress through monthly net worth updates. To calculate our net worth, I add up all of our household assets and subtract any outstanding liabilities (ie. debt owing). The result is simply a snapshot of what … [Read more...] about Net Worth Update January 2015 ($664,597.55)
December 2014 Dividend Income / Monthly Highlights
Goodbye 2014 and hello 2015! Here is my December 2014 dividend income. December was the busiest month of 2014 for us. We are settling into our new home and have encountered a number of unexpected expenses that will be the subject of a future post. That said, the expenses are … [Read more...] about December 2014 Dividend Income / Monthly Highlights
2015 Financial Goals
For me a new year means, among other things, a new set of financial goals for the year. Now that the home purchase and all of its initial expenses are behind us, I feel like we can finally start analyzing how our finances fared last year, where they stand today and where we … [Read more...] about 2015 Financial Goals
Pay Down Mortgage or Invest?
One of the major debates of personal finance has been the question of whether it is better to pay down your mortgage or invest your money instead. Of course, there is no simple answer to that question and the fact that the media is constantly reminding us that we have too much … [Read more...] about Pay Down Mortgage or Invest?