Tag Archive: Life Lessons

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

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

August 1, 2013

Human Nature Comes to Ruins

This past summer, my family embarked on a wonderful trip which brought us to the Acropolis in Athens. It was a bucket list day to be sure, having the chance to see in person one of civilizations earliest and most impressive monuments. The monument did not disappoint. Unfortunately, just about everything else about the day did. As you may expect, we weren’t the only ones keen to visit the Parthenon. As luck would have it, 5 cruise ships, each with about... View Article

July 1, 2013

A Little Regress Please

My Father in-law Ennis Day was born and raised on the outskirts of Grayson Kentucky, a small country village with a stagnated population of about four thousand people. It remains a modern day Mayberry, albeit one with the accouterments of a Kmart and a half-dozen payday loans outlets. Little else has changed in the last 50 years, until a few weeks ago. In a squeaker of a vote, the residents of Grayson voted to allow the sale of alcohol in... View Article

June 1, 2013

Setting the Bar Low

By the age of 10, I was the only sibling of five remaining in the family home…located just beyond the reach of Rogers Cable. Rabbit ears mounted atop our 21 inch black and white RCA delivered three channels on a consistent basis, (another two and a half on exceptionally clear days) one of which was usually showing Gilligan’s Island reruns. As I was effectively the only child of two middle aged working parents during these years, I had to learn... View Article

April 1, 2013

Short Arms. Deep Pockets.

At least twice a month my father and I meet for breakfast at Eggcetera after I have dropped my kids off at school. It’s something of a luxury of self-employment to afford the time required for our bi-monthly routine, and one that I thoroughly appreciate. My dad keeps a little paper notebook in his breast pocket where he keeps phone numbers, a record of appointments and most importantly a log of who paid for the last breakfast. In the same pocket, he... View Article

February 1, 2013

Just Be Nice

My wife, during her career as a teacher, used to comment to me about the importance of a good school secretary in maintaining a smooth running school. She had experienced several, in her particular case, all female. A good one could be the benevolent caring motherly type one moment, and Margaret Thatcher the next. Staying on her good side was well advised whether you were a teacher or principal0. Circumvention was a strictly ‘at your own risk’ proposition. Businesses I... View Article

January 1, 2013

Pennywise

    Justified or not, I bear a reputation for frugality. My wife feels it is justified…I feel it is not. In any case, I will admit that I have, at the very least, a dichotic relationship with money- or more precisely – parting with it. I generally think little about the price of menu items when at a restaurant, yet I will agonize over purchasing Campbell’s chicken broth instead of the no-name variety that might save me 50 cents.... View Article