Latest Posts

January 18, 2016

Be Patient, Be Decisive, and Buy More Real Estate

My wife started a family tradition when the kids were quite young. Each New Years Eve, we would sit together, and jot down on our respective pieces of paper our personal goals -resolutions if you will- that we had for the coming year. Twelve months later we would repeat the process with the added amusement of reading what we had written the previous New Years Eve. The cramped jar has become a testament to my personal shortcomings, as a review... View Article

December 15, 2015

In Support of Travel

A friend of mine, recently purchased a vacation property in Florida. It is good to have such friends, willing to bare the burden of expense and provide an excuse for folks like me to pay them a visit. I havent visited his home in Guelph for years, but I jumped at the opportunity to fly south and spend a few days at his second home. It would be rude after all, to decline. Travel, has always been a love of... View Article

November 16, 2015

Nice Hair Though

As I write this, Canada seems to be on the verge of a political change of tack. As politics, like religion, is a subject best left undiscussed in social gatherings and SNAPd articles, I will avoid like the plague commenting on any of the actual political issues. In any case, I dont feel as though I really had a horse in the race as I find myself equally disappointed with all political parties – (I very much doubt that Im... View Article

October 16, 2015

Lot’s of Room at the Top

Now that school is back in session, my morning routine has once again returned from somewhat haphazard, back into – well – a routine. It goes something like this: home – school – coffee – office. My coffee of choice has always been, and mostly remains Tim Horton’s. Once in an odd while if I’m feeling particularly high brow about my coffee, I wander over to Planet Bean or more recently – Balzac’s at the corner of Gordon and Waterloo... View Article

September 16, 2015

An Investing Observation

Many Canadians, particularly those without a structured pension to rely on, have necessarily turned to investing in order to provide for their needs (and hopefully wants) down the road. In the strictest financial sense of the word an investor is interested in one thing – accumulating wealth. However, as the saying goes, there is more than one way to shine a penny. So too, there are more ways than one to be an investor. Fortunately, there are experts to make... View Article

July 20, 2015

Got Your Bathing Suit ?

The Bank of Canada lowered the prime lending rate this past week, in a move that garnered very little attention in the media. For the better part of a generation, interest rates have been low, so a move from almost zero, to a little closer to zero raises few eyebrows. As my livelihood is closely and visibly tied to people’s willingness to spend borrowed money, I notice these things. It is easy to take cheap money for granted, but it... View Article

June 24, 2015

Compounding Interest

  Real estate investors, or those who fancy themselves to be, sometimes turn for inspiration and gumption to a poem entitled ‘Procrastination’. Penned by an anonymous author in 1918, Procrastination retells the fabled sale of Manhattan Island to Peter Minuet for $26 in 1626. The poem is written from the perspective of the second place bidder who walked away from the deal, deeming it too expensive. He knew the real estate market was over-heated, and determined he would wait for... View Article

May 14, 2015

What Ever Happened to Cheaters Never Prosper?

Sport, in many ways mimics life. The harder you train for your sport, the better you get. The better you get, the higher level you achieve amongst your peers. The better you are able to combine your talents with those of your peers, the more success your team will achieve. It is not difficult to correlate sport to the working world, and thus sport has long been a good teaching tool for children. The lessons learned on the playing field... View Article

April 15, 2015

An Acceptable Form of Payment

A farmer, whose land holdings grew ever closer to the boundaries of an expanding metropolis, patiently waited for the right time to sell his land. When that day came, he and his family became instant millionaires. Set for life, he placed his money securely in the bank, and, true to his disciplined demeanor, did not touch it. Within five years through the wonders of inflation (in this case, hyperinflation), the sum he had received for his lands and which he... View Article

March 11, 2015

Look After the Pennies & the Dollars Will Look After Themselves

On my commute from work one day last month, I caught the tail end of a story on CFRB about a recently deceased gentleman who left the majority of his life’s fortune to those who provided for his care in his final days – in this case, the local hospital. The public interest component of the story is not so much the amount of the fortune, but rather assumption of the local town folk in Brattleboro Vermont that Mr. Read... View Article