Archive for November 2007
Nov 2007 Net Worth Update (+0.52%)
It’s time again for the monthly net worth update – The November 2007 edition. October was a great month for the markets, but November has been terrible. This recent drop has taken a bite out of my registered/non-registered accounts. Thank goodness for our bigger savings these couple months as they have offset most of the…
Read MoreConfessions of a Car Salesman
I’ve always wondered what it would be like to be car salesman. What goes through their minds as soon as a potential customer enters the lot? Do they see the new comer as fresh meat while anticipating the kill (sale). Do they profile the customer based on the car that they drive and clothes that…
Read MoreRental Property Income Taxes and Deductions
As tax season is coming up, I’ve had a few readers email me about how income taxes are calculated with investment rental properties. It’s actually a pretty basic calculation, with your total NET rental income added to your regular income throughout the year. The basic formula works out like this: Total Rental Income – Expenses…
Read MoreHow I (try to) Save Money During Christmas
Christmas is coming up and the shopping season has kicked off in full force. As the theme of the Canadian Tour of Personal Finance Blogs is saving during Christmas, this post is about how I save money during the Christmas shopping/holiday season. What are some ways to save money during Christmas? Set a budget of…
Read MoreAsk the Readers: What is Your Tipping Policy?
Here’s an interesting topic that seems to be making it’s way through the personal finance blog world, Tipping! It appears that everyone has their own tipping rules for restaurant servers, delivery drivers, cabbies, fast food cashiers and the guy playing guitar on the corner of the street. Here are my tipping policies and my rationale:…
Read MoreBook Review: The Key
Just after writing a book review on “The Secret”, Dr. Joe Vitale and his publisher sent me a pre-published version of their new book “The Key” for review. Perhaps this is the law of attraction at work? The Key is based around the concept of The Law of Attraction and what Dr. Joe Vitale feels…
Read MoreQCash on Investing in Second Mortgages
Since writing about investing in second mortgages, I’ve gotten a good response from readers looking for more information. QCash, the retired 37 year old millionaire, has taken some of his time and written about his experiences with buying and holding second mortgages. After FTs excellent posts about 2nd mortgages and my comments, FT invited me…
Read MoreBook/Movie Review: The Secret
By now, everyone has heard about the popular book/movie “The Secret”. But what is “The Secret”? The Secret is basically a gimmicky word for “The Law of Attraction”. Still confused? What if I told you that you can have anything you want by just thinking about it? That’s what “The Secret” wants you to believe. …
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