Debt can be like fire. Loans, financing, mortgages, and lines of credit all use other people’s money to get the things you want NOW. But this debt can also burn out of control, chasing us to places we really don’t want to be.
Vancouver real estate values have been the talk of my home town for many years now. We’ve landed podium finishes atop “most unaffordable city” and “most expensive city” lists time and time again.
Trying to add up the answer can be frustrating. This is an industry that hasn’t always seemed to strive for transparency. So, what are you paying? How much less could you be paying? In the example below we’re going to look at a couple with $600,000 in traditional public investments across RRSP, TFSA, and Non-Registered accounts. What are “Good”, “Bad” and “Ugly” annual cost approximations?
While this might be an internet banner ad or a spam email, it’s also actually possible! You could start with a handful of dollars and earn millions with a few investment trades. There’s a catch though...
What investment path will you chose to your investment destinations?
Insights into the finances of public companies and nations are often best understood through financial analysis that calculates ratios. Whether you're BlackBerry or Greece financial analysts are most interested in a few key measures. Let's look at some of these key figures for your own financial situation and understand how we got them.
Investing to win dividends and income has grown to staggering levels of popularity. Perhaps at the cost of what investors should really be concerned with: total return.
Game theory, as outlined by psychologists, economists, political scientists and a bunch or other intelligent folk, suggests there are three types of “games”, broadly speaking.
We live in an age of instant access to awe-inspiring amounts of information. I can learn almost anything from the comfort of my living room: a few well placed Google and YouTube searches will tell me how to remodel my kitchen, play the guitar, or diagnose a skin rash. It's all fantastic stuff, but there are perhaps more permanent consequences for do-it-yourself (DIY) investors who make these common mistakes.