I was recently catching up with an old friend (we’ll call him Gary) discussing life, family, our careers, and then inevitably.. money.  Perhaps it’s because I think about money a lot, but if I have a conversation with someone long enough, it will almost always lead to finances in some way or another. Gary in particular has always…

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Since having children, our family has put travel and vacationing on the priority list.  Although travel is important to us, we consider it a luxury that we save for after taking care of other financial priorities like maxing out our RESPs, TFSAs and RRSPs. As a result, there have been a couple of years where we have skipped a more…

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The Smith Manoeuvre questions keep coming in. For those of you new to the Smith Manoeuvre, it’s essentially a leveraged investing strategy where you obtain the capital by borrowing against your house. You can read all about it here. Sounds risky? I’m not going to sugar coat it, the strategy is certainly risky. Borrowing to…

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