Since the early nineties every administration has put some tweak on how the consumer price index (CPI) is measured. CPI used to be me measured by comparing the price of one basket of goods one year to the same basket of goods the next. Over the last 2 decades many changes have been made [...]
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With the new year upon us and an improving economic outlook, it is time to sweep the financial woes under the carpet and get your financial house in order. The following are critical steps in establishing your foundation for financial security: Money Management- You first need to get an understanding of your income [...] For those in a lower income bracket with expectations of being in a higher one down the road, it makes sense to put retirement savings into a tax free savings account (TFSA). Since the tax deduction of the RRSP contribution today may be low or negligible, it is more beneficial to stick your after [...] I met with a client the other day and she was distraught over the idea of having to sell her condo because she needed a larger home and her strata rules forbid rentals. My client was wanting to use the equity in her property to buy a second, larger property for her growing [...] I was at a real estate investment seminar where they presented some great tips on landlording. Seeing as how I too implement many of these in my portfolio, I thought it would be worth sharing. 1) Screening tenants Get rental references from past landlords and ideally the landlord before the one [...] |
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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