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Blog

Bite Me!

August 7, 2009

Yea you heard that right, bite me. That is what you would like to say to your creditors. I imagine if you won the lottery you would say that to most people then move off to some exotic tropical island. However since this is probably not the case, you are most likely resigned to just […]

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Free Will!

August 6, 2009

Or settle for what life gives you. You decide. Grab life by the horns or sit in the bleachers, you have heard it all before. Are you working your plan, or working some else’s? It is either one or the other, there is no in between. Chances are if you are reading this right now, […]

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You Suck!

August 5, 2009

Yup you heard that right, You Suck! Don’t take it too personally, we all suck in some shape or form. However in this instance it is about how you manage your money, and specifically your debt. Here are some indicators that may apply to you. 1)You have used your credit card to pay for a […]

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Recession over? You tell me!

July 31, 2009

Last year this time, I found myself heaping praise on Wells Fargo for being basically the lone survivor in the Canadian Sub Prime or Alternative mortgage market. Now as of yesterday they are no more, they have thrown in the towel and hitched up their wagon and left town, just like all the others. See […]

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Hey Psst! Check out my stimulus package!

April 24, 2009

Get your mind out of the gutter, that is not what I was thinking. Although in truth you may not be far off, as noting can kill romance faster than worrying about paying your bills . Every where you look there are stories about companies getting billion’s of tax dollars so they can keep their poorly run […]

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Don't look a gift horse in the mouth!

April 22, 2009

Ok I am not asking you to kiss your sister. There is nothing unpleasant here (for you or your sister). Heck it’s practically free. I am going to break with one of my golden rules and talk to you about mortgage rates. Now before you get too excited, I am doing it to illustrate an opportunity rather than as […]

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Bank of Canada lowers interest rates to spur growth!

March 3, 2009

BY DAVID AKIN, CANWEST NEWS SERVICEMARCH 3, 2009 6:01 PM The Bank of Canada cut its main interest rate to a record low on Tuesday and signaled for the first time that it may take extra steps to pump money into a system that remains stubbornly short of credit. OTTAWA — The Bank of Canada […]

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How good is your network?

February 2, 2009

I have been dabbling at the social networking thing for the last few months. I am on Twitter, facebook, friendfeed, Stumbleupon and Linkedin. I used them all for different reason’s. One of the one’s that I really enjoy lately is Linkedin. Someone once described it as the “Facebook for people who have jobs”. It is a great […]

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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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