All articles about mortgages
There are a lot of advantages to owning a principal residence in Canada. Property is an excellent hedge against inflation, it offers an opportunity to earn revenue from rentals (allowing the asset to act as an alternative to other fixed-income investment products) and any gain in value on your principal residence is sheltered from taxes […]
How to make a Canadian mortgage tax deductible Read More »
Here in Canada, we don’t get to write off home mortgage interest on our personal residences they do in the United States without formal planning. Many Canadians have to pay every dollar of interest with after-tax dollars. The name of the game here is tax savings and wealth creation through strategic conservative leverage wealth strategy.
How to make your Canadian Mortgage Interest Tax Deductible Read More »
I have been asked by hundreds of investment advisors, portfolio managers, mortgage professionals and clients my perspective on the syndicated mortgages as a whole. Here is my most simplified opinion on the matter along with a simplified explanation. I have no financial gain in writing this and will never comment on individual projects or their respect
Investors: Beware of Syndicated Mortgages! Read More »
I recently took the time to sit down and enjoy my second Jonathan Chevreau book, “The Victory Lap Retirement” which addresses a topic covered in my own book “The Real Estate Retirement Plan” in a different way. Both books address the topic of retirement in different but very complementary fashion. The underlying problem is the
Victory Lap Retirement – A tribute to the new retirement model Read More »
Isn’t it nice when you go to your bank to deposit a cheque and they hand you $500 just as a thank you having an account with them? No? That’s never happened to you? Strange. Then you must not be using RESPs! The RESP, or Registered Educational Savings Plans, is a fantastic initiative by the
RESP – The Tax Sheltered Education Plan You Shouldn’t Say No To! Read More »
Everyone knows what a wealth advisor does, but do they really? Of course a wealth advisor helps you with financial planning and to meet your wealth objectives but we’ll cover in this article the actual process of how that’s done. At the end you’ll understand what your advisor actually does (or should be doing) and be
6 Simple Steps to Having a Great Financial Plan Read More »
An age old question in investment suitability is “how much risk do I take?” and it’s a key consideration in your investment activities. Naturally changes in life circumstances may change your tolerance for risk over time, but self-reflection helps in this area so you can be confident that you’re making smart financial decisions which are
4 Financial Risk Factors & Your Risk Tolerance Read More »
As we all know, real estate financing plays an integral role in the affordability of real estate to most Canadians. In fact, every 1% increase in residential mortgage rates literally ends the dream of home ownership for thousands of Canadians. When these rates play such an integral role in the availability of housing for Canadians,
The Basis of the Mortgage Rates (How They Work) Read More »
When creating a financial plan, and making any investments you need to be clear on your objectives. To be most effective the process must start with some self-reflection which is often easier said than done. To help with that, here are 6 things you must consider as they relate to your objectives. #1 – Time
You Must Consider These 6 Financial Planning Objectives Read More »
Key trends in the world of personal finance today require a shift in mindset for most Canadians to maximize their short and long-term financial success. These trends are making the concept of financial self-reliance more important than ever before. In this overview we examine a few of these trends and how you can get ahead
7 Personal Finance Trends You Can Exploit Read More »