August 2010 - Million Dollar Journey

An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today. – Laurence J. Peter Our last article explained why the economy is not relevant to investing – short term. If you want to forecast the stock market this year or next year, the economy is essentially irrelevant…

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Welcome to the Million Dollar Journey August 2010 Net Worth Update – RRSP Contribution Edition. It’s a little past halfway through the year and I finally got my act together and made our RRSP contributions. I figured since our cash savings was buiding up, we might as well put it to some use. The bright side is…

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This is written by our resident real estate guru Rachelle. In many of my past columns I have discussed the problems of buying real estate in our current market. I have mostly decried that current prices, even at today’s interest rates, are too high to make a profit. I have also warned of the dangers…

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This is a column by regular contributor Clark. This blog has recently featured a number of posts about real estate. I figured that a tenant’s perspective on the relationship would do justice. I have shared an apartment during my school days and currently rent one level of a house on my own. I’d like to…

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With the talks of the Canada Pension Plan Investment Board (CPPIB) bidding on the company Intoll for $3.2 billion, it got me curious to do more research on the deal. InToll owns 30% of the Toronto toll highway 407 and 25% of a toll highway Westlink M7 in Sydney Australia. The CPPIB interest in the company was…

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It looks like the no-fee chequing account space is heating up with ING Direct being the newest player in the market. ING has introduced a new online based chequing account, called “Thrive“, and is direct competition to PC Financial’s offering. As a client of PC Financial since its inception, I must say that I’m a fan…

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This is a column by regular contributor Clark Recently, a friend went overseas (the US) on a temporary assignment. He is a perennial last-minute income tax filer and so, I joked that the tax deadline in the US is two weeks before the Canadian one and that he might want to advance his last-minute rush…

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To skip the review and go straight to the ING orange key $25 referral bonus, click here. Recently, I was surfing the net doing research on high interest tax free savings accounts and when I came across ING Direct, I noticed that they are offering a sign up bonus of $25 when depositing $100 initially…