Archive for August 2010
Why the Long Term Growth of the Economy is Not Relevant to Investing
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…
Read MoreNet Worth Update August 2010 (+1.56) – RRSP Contribution
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…
Read MoreFlipping Houses, Electric Cars, Market Roll Over and More
Flipping Houses for Profit @ in the Archives (1 year ago today) Is the Market Headed for a Rollover Accident? @ Balance Junkie Thoughts on Electric Cars @ Canadian Money Forum Geothermal Home Heating Case Study – Going Green Puts Green into Your Pocket @ Canadian Financial DIY Advice To Future University Students @ Canadian…
Read MoreThe Downside of Owning REITs
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…
Read MoreLandlord-Tenant Relationship (A Tenant’s Perspective)
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…
Read MoreCPPIB and Highway 407
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…
Read MoreING Direct Thrive vs PC Financial – Battle of Free Chequing Accounts
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…
Read MoreOverseas Canadian Residents and Tax Returns
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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