Tag Archive: financial planning

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

November 1, 2013

Stickin’ To My Knittin’

    While travelling through the States recently I took the opportunity to read the business section of the local paper. The pieces that I find myself gravitate towards are personal help columns written by financial planners. The Globe has such a piece each Saturday, replete financial advice that often includes a warning not to be too heavily invested in Real Estate. It’s a form of professional self torture to read these pieces, but all the same it is interesting to... View Article