What would you say to a young person who has given up on the idea of owning a house in today’s economy? If you’re in the BC or Ontario market especially, or any other market in Canada where prices have skyrocketed such that homes have increased in value between 2 and 5 times in the […]
What can I do if I’m under water? Real estate investment isn’t always successful and depending on market conditions, you may lose money. The economic climate isn’t static and it’s prudent to know your options if your investment results in unmanageable monetary costs. I’m located in Alberta where, along with the COVID-19 pandemic, we’ve been […]
Make sure you’re generating profit over the long term Owning property costs money – and when you’re investing in real estate, it’s important to make sure that your bases are covered. After all expenses are paid, what should you expect as a return on your property? There are two metrics that you can use to […]
One of the major hurdles for business owners when trying to grow their businesses is deciding whether an investment is going to be worth it or not. Unfortunately, nobody has invented a working crystal ball yet, so we can never be 100% sure if it’s going to be worth it when we lay down money […]
What are High Interest Savings Accounts, GICs, and High-Interest ETFs? Many business owners pay GST or business taxes quarterly or annually. But what can you do with this cash that is sitting on the sidelines? Before I answer that, let’s make sure that you ARE setting aside money to pay your tax bill. If you […]
It’s that dreaded time-of-year again – I am not talking about winter, but tax season. Did you know there is a difference between tax planning and tax preparation? A tax preparer helps you file your taxes, whereas a Certified Financial Planner® can help you plan and execute a strategy in advance of tax time, helping […]
Money is one of those topics that so many people struggle with, either at some point in their lives or throughout their entire life-time. A couple of years ago, a really good friend of mine interviewed me for his podcast channel called Moving Millennials. You can listen in here: Listen to Audio Here are three basic […]
