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The average weekly earnings of payroll employees rose to $855.66 in July, a 3.9 per cent increase from a year earlier and the largest hike since February 2008. This indicates the economy is recovering and demand for skilled labour outstrips supply. It also bodes well for the real estate market as it helps keep affordability [...] The truth is that the smartest businesspeople recognize the value of debt in building wealth. If there was ever a time to consider adding debt, now is one of the best times in history, as it has never been this cheap. This article expalins some of the top good reasons to take on debt including [...] Here is a link to neat site with a list of interactive Financial Calculators allowing to calculate a miriad of financial outcomes including “Time to Recover from a Bear Market” , “TFSA vs Taxable Investment”, “ Savings Growth” and “ Effect of Inflation on Income” among others. http://www.theglobeandmail.com/globe-investor/personal-finance/investing-calculators/ addthis_url = ‘http%3A%2F%2Fwww.investingincanada.org%2Finvesting-in-canada%2Ffinancial-calculators’; addthis_title = ‘Financial+Calculators’; addthis_pub = [...] This article describes the strategy of using your RRSPs as a downpayment towards your primary residence. Some of the conditions include you having to be a first time home buyer and it having to be your primary residence. Read the article to discover the pros and cons of using this strategy: http://www.efficientmarket.ca/article/RRSP_Mortgage_1 addthis_url = ‘http%3A%2F%2Fwww.investingincanada.org%2Freal-estate%2Fusing-your-rrsps-for-your-home-down-payment’; [...] In this article the Globe and Mail reports on a Stats Can survey showing that 60% of Canadians would be in financial trouble if they didn’t get their next paycheque. With record high debt and losses from the stock market, the majority of Canadians are on the brink of financial turmoil. “Fifty-nine per cent [...] In this Video link, US inflation, as measured by the consumer price index (CPI), is reported to be stagnent and there is no imminent threat of significantly higher interest rates. Canadian inflation inflation rate tends to move in tandem with the US. http://www.theglobeandmail.com/globe-investor/markets/markets-blog/market-view-video/inflation-goes-nowhere/article1711805/ However, as this video illustrates, real inflation is not necessarily best measured [...] Here is an interesting read about market efficiency suggesting, much like real estate, that one should buy and hold stocks or mutual funds and to never sell until they have to. The idea goes that buying and selling incure commission costs that deplete the value of your asset and that you are always purchasing any [...] |
peter@investingincanada.org 
Peter Merabian helps Canadian individuals and families by providing investment and tax saving strategies that help them achieve their financial goals sooner. Peter also manages his own multi-million dollar rental property real estate portfolio which he co-owns with investors. Unlike many financial advisors, Peter uses a global approach to investing and puts money where his mouth is by personally using many of the strategies he advises his clients on. |
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