Feb
25
Lets talk economics, one of my favourite subjects for explaining how the world actually works. Toronto and the greater golden horseshoe is becoming expensive in terms of property prices and rent prices. Some people forecast that it has a lot more room to catch up to more expensive cities like New York, London, or Hong […]
Dec
9
After a month-long vacation in Florida, I am starting day 2 of my mandatory 14-day quarantine. The real estate market in the greater golden horseshoe is still on fire but I’ve been itching for another house for a while now. First thing I did when I landed was hop on a call with my team. […]
Nov
11
Today, we delve into a lesson on investing and how you can get ahead for the future you want for yourself and your family. This is especially important for all you FIRE seekers. Compound interest is commonly known as the “8th Wonder of the World”. Think of it like a snowball effect. The snowball gets […]
Sep
9
Capital or money is limited. Most investors will run out of capital before they max out on the number of mortgages they can qualify for. What if there was a way to own an investment property and get back most, if not all of your initial capital back. Then you rinse and repeat the process. […]
Mar
30
With the economy looking all rosy and unemployment at all-time lows just a month ago, no one expected COVID-19 to be the trigger to end this bull run. It shouldn’t be a surprise that a downturn was around the corner, after we had a decade of strong growth. Even though, we aren’t officially in a […]
Dec
23
This is the second part of a two part article. If you haven’t read the first part yet, check out “How to cashflow over $1000 in 2019”. It still baffles me to this day that we can create money out of thin air. The bank is doing this everyday by printing out more money and […]
Dec
11
After speaking with prospective clients, invariably this question will come up. “Is now a good time to invest?” I must admit, it is a very valid question. But it is always asked for the wrong reasons. The poser of the question wants to know if they are getting the best possible deal, getting the best […]
Nov
27
$100K is a target salary that society portrays as “rich”. They put this number on a pedestal and glorify it with names such as “the sunshine list” and that you’ve made it if you make this much. But have you really made it? Dating back a few decades, $100k could probably afford you a nice […]
Oct
5
Freedom comes in many forms, whether it be financial, time, or mobility. I am grateful that I can choose to travel as often as I’d like without restrictions to budget or limited vacation days from working at a company. We hustle and work our asses off 7 days a week just so we can enjoy […]
Sep
24
There is good and bed debt. In general, good debt:a) has lower interest ratesb) is tax deductible, andc) is used to purchase assets/investments that appreciate over time and has cashflow Bad debt consumes your life. It has:a) high rates (think credit cards ~20%)b) is not tax deductible, and c) the purchase depreciates over time and/or […]