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 …
Category Archive: Education
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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 …
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 …
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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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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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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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 …
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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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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