Category Archive: Real Estate

Jul 23

Being cheap can cost you.

Well, if you live in Edmon­ton, you’ve prob­a­bly heard of Oliver Gar­dens condo com­plex. If not, the brief sum­mary is the com­plex was recently hit with a 2.1 Mil­lion dol­lar spe­cial assess­ment due Sep­tem­ber 1 of this year. That aver­ages out to about $45,000/unit. The media, of course, is hav­ing a field day talk­ing about …

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Permanent link to this article: http://www.easysafemoney.com/being-cheap-can-cost-you/

Jul 22

Who is going to blink first?

Alberta is in a bit of a spot right now. Oil prices are down, there’s been a draught, for­rest fires…overall, It hasn’t been a good year. On the national scale, the Feds once again cut inter­est rates, but I doubt it will do much (when you’re this close to zero, it doesn’t have much impact). I …

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Permanent link to this article: http://www.easysafemoney.com/who-is-going-to-blink-first/

Jul 17

The price of profiteering

You’ve prob­a­bly heard about the drought in Alberta. It’s a legit­i­mate con­cern for many peo­ple as crop pro­duc­tion is way down over last year. For some, this has been seen as an oppor­tu­nity for profit, big profit. Unfor­tu­nately, this short term prof­i­teer­ing could have long term con­se­quences. First off, let me say that you need to …

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Permanent link to this article: http://www.easysafemoney.com/the-price-of-profiteering/

Jun 23

What did you expect?

We’ve all heard the stats…75% of money man­agers fail to beat the mar­ket, yet we con­tinue to pour more money into them. I often get asked by oth­ers to help them find a place, buy some stocks, or start a business…which usu­ally turns into “can you just do it all for me”. We as a soci­ety are …

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Permanent link to this article: http://www.easysafemoney.com/what-did-you-expect/

Jun 19

Know thyself

One of the ques­tions I’m often asked is… If I buy your book, do you guar­an­tee I’ll be rich? to which I answer… No, if you buy my book I guar­an­tee you’ll be $25 poorer. My book, like every other “how to” book ever writ­ten can’t make you rich, because noth­ing any­one says or shows you matters …

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Permanent link to this article: http://www.easysafemoney.com/know-thyself/

Apr 09

Have we seen this before?

Things are get­ting weird in the lend­ing indus­try. I was talk­ing to a cou­ple of mort­gage bro­kers about refi­nanc­ing lately and they basi­cally told me it’s eas­ier to get an unse­cured credit card than it is to get a mort­gage (which is a secured line of credit). The feds are hint­ing at cut­ting rates another …

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Permanent link to this article: http://www.easysafemoney.com/have-we-seen-this-before/

Jan 27

The Cliff has moved…again.

Cana­dian real estate is over­val­ued. That’s a gen­eral state­ment, it doesn’t mean you can’t find an invest­ment prop­erty, it just means find­ing one is going to be dif­fi­cult. If you’re a home buyer though, I’d be wor­ried. For the last 20 years, money has been get­ting cheaper and cheaper to bor­row. This means the “average” …

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Permanent link to this article: http://www.easysafemoney.com/cliff-movedagain/

Jul 24

A key to success — smell the roses

When peo­ple look at my back­ground (mul­ti­ple busi­ness owner, self employed, investor, real estate, fam­ily, vol­un­teer­ing, etc) they tend to assume I’m a very busy per­son. The media is full of the “you must com­mit every moment of your day to achieve suc­cess” mes­sage. When I started, that was prob­a­bly fairly true, I worked quite …

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Permanent link to this article: http://www.easysafemoney.com/key-success-smell-roses/

Jun 02

Too much information

As an owner of a design com­pany, you have to own a lot of fonts. When I started out, I had hun­dreds, if not thou­sands. Over the years, I’ve acquired many more to the point that I now have over 25,000. Some peo­ple may think this is a good thing but, in real­ity, it’s more …

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Permanent link to this article: http://www.easysafemoney.com/much-information/

Jan 31

15 years to overnight success

A friend of ours recently came by for a visit. They are inter­ested in start­ing their own busi­ness, and inspired by our appar­ent suc­cess. It’s very easy to look at our life and think it’s easy to dupli­cate. The truth is, we’re not even close to an overnight suc­cess. Busi­ness and invest­ing is not a …

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Permanent link to this article: http://www.easysafemoney.com/15-years-overnight-success/

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