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How low can this go?

January 30, 2009

Over the past year or so our world economies have slid downward toward a recession. Now that we are in one, the question that comes to mind is how low can this go? Have we hit rock bottom or are we still digging deeper? Even though we may have very little impact on the general […]

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What to consider when doing your financial plan.

January 29, 2009

We all have goals, whether we realize it or not. It may be just to get through the day or it may be to make a million bucks. But we all have them. If you are smart you will write them down. According to the 3% who actually do that, they will make 10 time […]

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Bank of Canada sets key overnight rate to 1%

January 20, 2009

Well the Bank of Canada has done it again. They cut the key lending rate by another 50 basis points. So it is now at 1%. They are doing this because of the current world wide economic crisis, and the belief that our economy will shrink by another 1.2% this year. The central bank also […]

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Give ‘em the old one-two combination!

January 20, 2009

I would not profess to know a lot about boxing, however, something can be said for a good sport analogy. My point is that goals and massive action are like a one-two combination. You cannot achieve success with one and not the other. Sitting on the sofa and wishing you could win the lotto will not do you […]

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Obama knows a thing or two about timing!

January 20, 2009

By the time you are reading this Barack Obama may have already been sworn in as the next President of the United States. When he first announced his candidacy to run for the President of the United Stated on Feb 10, 2007, the odds were not in his favor. Many were predicting that another Clinton […]

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Big Goals are meant to be shared!

January 20, 2009

At one time or another everyone has started off a new year with a list of goals and objectives they want to accomplish. The common goals that people have are; to lose weight, quit smoking, get in shape, make more money and get out of debt. They start the new year off with all the right […]

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Quickest way to recession proof your life!

December 22, 2008

We all would love to have the same level of comfort we were used to when the economy was booming. Now that things are less certain, the spectre of job losses impacting our own income is looming large. How can we protect ourselves before the worst happens?  What if there is an option available, one that […]

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Bank's overnight rate drops to generational low!

December 9, 2008

The Bank of Canada just lowered it’s key lending rate by three quarters of a percentage point or .75 basis points. Assuming the banks follow the BoC lead ( they have not always the past few months) that will make the prime lending rate now 3.25%. This latest act of desperation by the BoC is […]

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Setting the record straight!

December 6, 2008

This post is in response to an article in the business section of today’s Chronicle Herald newspaper. While I admire and respect the broker quoted in the story, I believe that some of the message can easily be taken out of context and I just want to set the record straight.  I have been a mortgage broker […]

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Give yourself the best Christmas present ever!

December 5, 2008

it’s not an ipod, iphone, or even a new coalition government for those who want it. Curious? Be patient! Drum roll please……. here it is, a plan to get you out of debt and quickly. You may be thinking, well that is not very exciting. However when you think about it, actually it is! Picture […]

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Get away from the everyday!

December 3, 2008

Many of you may be unaware that my company also offers travel service. We are affiliated with a major discount travel provider called Inteletravel. Essentially I am also a travel agent, offering to others the ability to obtain discounts on travel and accommodations or you can also join their service and get travel agent prices for yourself. It worked […]

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Would you fail a liquidity test too?

November 28, 2008

The inspiration for this article comes from two sources. One the article about BCE takeover falling apart and the other today being Black Friday in the US. At first glance you may have a hard time figuring out how these two events are connected, however upon closer inspection they are essentially about the same thing. […]

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Citigroup gets rescued!

November 24, 2008

Today the news came out that Citigroup (Citifinancial’s parent) received a government bailout. They received a 20 Billion dollar cash injection, this is after they have already received 25 billion earlier this year. Now don’t get me wrong, I am all for stabilizing the economy. Many pundits said that if Citi failed it would de-stabilize the whole banking system. […]

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Analysis of paralysis!

November 24, 2008

I find that far too often that people are complaining that they hate their job, don’t have enough money, are too fat, too skinny, too tired or whatever. They get caught up in a cycle of complaining and they fail to do anything about their situation. They over analyze their situation but do not take any action to improve […]

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Signs that you may be in need of a bailout and what you can do about it!

November 20, 2008

Unless you have been living on a deserted island some where you are probably aware that we in the midst of some interesting and challenging economic times. Big business are lining up for bailouts, the markets are just one roller coaster ride after another, yet we ( the consumer and tax payer) are the engine […]

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Pat Sawler
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