Big drop in Shoppers Drug Mart? @ Canadian Money Forum What Happens to the Money We Don’t Spend? @ Frugal Dad Cheating on taxes and Benford’s Law @ Canadian Capitalist Carnival of Personal Finance #252: Famous People With Tax Troubles Edition @ Carnival of Personal Finance Meet The Money Mavens Network @ Canadian Finance Blog…

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Some time back, I bought a car at an auto auction (link) and figured someone else could learn from my experience. Please note that the link is a Saskatchewan auction house and while most points mentioned in the post below should hold anywhere, it is better to explore your local auto auction to see if…

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I’ve read more personal finance books than I care to admit. I’ve had more conversations about money with people than I’ve had about most other subjects. I enjoy getting a new perspective on money. There always seems to be something new to learn. Recently I found out about a side of banking I’d never heard…

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A relative recently approached me for investing advice.  This relative, we’ll call him Uncle Alex, is approaching retirement and is wondering how to create an income portfolio.  Uncle Alex was a small business owner for most of his working life and managed to accumulate a fair bit of capital to fund his retirement years. Some…

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I’ll admit I have a few fears, boa constrictors and heights among them. Fortunately I don’t have to face either on a regular basis. To really face my fears I’d have to go bungee jumping with a boa constrictor. A true anxiety invoking fear of money is called chrematophobia. Some of its symptoms include heart…

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For those of you just joining us, below is my portfolio that is leveraged with money borrowed from my home equity line of credit (HELOC). As the money borrowed is used to invest, the interest charged is tax deductible. I write an update every so often to show new positions added along with any market…

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Lets talk about how to run the best and most profitable housing business. That’s right: you are in business now. A neophyte mistake people make when they end up with an extra property is to fail to recognize that they are in a whole new business, with rules, regulations, and demands specific to that business.…

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