Category Archive: Education

Mar 05

Investing professionally

I was hav­ing lunch the other day with a friend. We got to talk­ing about our kids and his son, who is about to enter uni­ver­sity is con­tem­plat­ing careers. One of the things his son was think­ing about was becom­ing a pro­fes­sional real estate investor. Ulti­mately, it sounds like the dream career…not a lot of …

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Permanent link to this article: http://www.easysafemoney.com/investing-professionally/

Dec 19

The falling market trap…

Real estate in Canada has been over­priced for years, but recently has seen some soft­en­ing. This can lead novice investors into a trap which can cause them to lose a lot of money. Over the past year, I’ve seen real estate prices tum­ble. When it first started, I was able to pick up a cou­ple of …

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Permanent link to this article: http://www.easysafemoney.com/the-falling-market-trap/

Nov 21

What really caused the real estate meltdown, and why it will happen again

Unless you’ve been liv­ing under a rock, I’m sure you’ve know how real estate crashed in the United States a few years back. When you look at the head­lines, you’d think it had to do with all the sub-prime mort­gages that were being handed out, lend­ing more than the value of the home, or the …

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Permanent link to this article: http://www.easysafemoney.com/what-really-caused-the-real-estate-meltdown-and-why-it-will-happen-again/

Oct 12

The little known truth about CMHC

Most peo­ple have heard, or prob­a­bly got­ten, insur­ance from the Cana­dian Mort­gage and Hous­ing Cor­po­ra­tion or one of the other pri­vate insur­ers out there. Most peo­ple think that, should their prop­erty go into default (fore­clo­sure), that the mort­gage would be paid out from this pol­icy and every­one would leave fairly happy. To some extent that …

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Permanent link to this article: http://www.easysafemoney.com/the-little-known-truth-about-cmhc/

Sep 05

Junior Monopoly — Future Success

The other day, my three girls were play­ing junior monop­oly. About halfway through the game one, the old­est, ran out of money. My mid­dle daugh­ter sug­gested she sell some of her prop­er­ties to get some more. My old­est declined. Soon one of the oth­ers landed on her prop­erty and she got some cash back, and …

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Permanent link to this article: http://www.easysafemoney.com/junior-monopoly-future-success/

Aug 21

Invest in yourself

Every time the con­ver­sa­tion turns to invest­ing, it seems the ques­tion turns up… What should I invest in? The plain and sim­ple answer to that ques­tion is, your­self. I don’t mean to be flip­pant about it, but let’s look at real­ity here…who knows you bet­ter than your­self? Even if you told me about your sav­ings, your …

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Permanent link to this article: http://www.easysafemoney.com/invest-in-yourself/

Jul 09

Conversion rates

Ever won­der how many peo­ple who attend a “life chang­ing sem­i­nar” ever actu­ally change? What kind of “return on invest­ment” dri­ves all those late night infomer­cials and sem­i­nars? Well, the truth is, all these ads you see to change your life work on less than a 2% con­ver­sion rate. That doesn’t mean that 2% of you …

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Permanent link to this article: http://www.easysafemoney.com/conversion-rates/

Jun 07

Progress, no going back?

So, Toronto has decided to ban plas­tic bags. I heard the announce­ment today as I was watch­ing my plumber install my new taps using plas­tic pipe, and it got me think­ing. Pipes used to be made of cop­per. They lasted a long time, at least before they got thin­ner to save costs, but are going …

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Permanent link to this article: http://www.easysafemoney.com/progress-no-going-back/

Jun 05

Investment Banks have their cake and eat it too

One of the major things that led to the finan­cial melt­down a few years back was a prod­uct known as a Credit Default Swap. In layman’s terms, a Credit Default Swap can be thought of as “insur­ance” against some­thing going into default. So, if you were smart enough to real­ize that sub­prime mort­gages were a bad …

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Permanent link to this article: http://www.easysafemoney.com/investment-banks-have-their-cake-and-eat-it-too/

May 29

Knickerbocker Trust Company

I’m cur­rently read­ing When Money was in Fash­ion by June Bre­ton Fisher (the daugh­ter of Henry Gold­man of Gold­man and Sachs). It’s the story of the found­ing of that famous, or infa­mous, com­pany. In Chap­ter 4, I was amazed at the story of Knicker­bocker Trust Com­pany (founded 1884), and until 1907 con­sid­ered “emi­nently suc­cess­ful and …

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Permanent link to this article: http://www.easysafemoney.com/knickerbocker-trust-company/

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