This is the fourth of four blog posts on the election platforms of the national parties that had seats in the House of Commons at dissolution. I exclude the Bloc Quebecois because they do not appoint candidates outside of Quebec. In the previous posts, I...
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My Initial Thoughts Way back in the 1980s, when I was younger … and the earth was still cooling … inflation was running hot. I had a small student loan at the time, about $5,000 as I recall. The interest rate on that loan was 13%....
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“But Statman says for some people that’s like telling an Orthodox Jew he should save money by buying cheaper cuts of pork and donate the extra money to the synagogue.” – Dan Bortolotti referring to Meir Statman in “More on socially responsible index investing.” This reference...
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Beginning in the 1970s, my father got involved in investing in real estate in British Columbia’s Fraser Valley, mostly in Chilliwack, where I grew up. My wife and I owned our own home in Chilliwack from 1996 to 2003. We lived in it for all...
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You are careful with your money. You have made it a general rule to avoid debt – except for the mortgage on your home – in order to force yourself to live within your means. Well, you do use a credit card, but you have...
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Every once in a while in my earlier career, I was approached by people who were interested in market-linked Guaranteed Investment Certificates (GICs). These are investment products that protect your principal but give you the opportunity to participate in the growth of the stock market....
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Low Interest Rates Make This an Option Worth Considering When my wife and I bought our first house, the interest rate was 7.5%. That sounds awfully high today when you can sometimes see mortgage rates posted for less than 2%. On the other hand, we were...
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An Introduction to Tax Planning – Part 4 You think of yourself and your spouse along with your two children as an average family. Like me you are a resident of London, Ontario. Between the two of you, you earn about $80,000 per year or about...
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AN INTRODUCTION TO TAX PLANNING – PART 3 In a world where governments are scrambling to address the impact of the novel coronavirus on our society, the topic of this post may seem rather mundane or even unnecessary. However, there is applicability. Let’s assume a married...
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An Introduction to Tax Planning – Part 2 “Oh, man! What is this guy talking about? He’s calling people losers and then he is suggesting a way to take advantage of them!” Let me explain. First of all, I am not calling *people* losers. Second, this...
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