As all the world’s financial markets are losing trillion’s of dollars almost daily, I am having to think “What is money anyway?” It is more than pieces of paper with pictures of deceased notables on it as Anthony Robbins says. Some say that it is financial currency for the value placed on the exchange of […]
Unless you were living under a rock or had your head in the sand, you probably know that most of the central banks lowered their key lending rates yesterday by 50 basis points. This was in response to the ongoing financial crisis that seems to be gripping the world. The strange part for us Canadian’s […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-10-09 10:52:252008-10-09 10:52:25Who is calling the shots?
From today’s issue of the Globe & Mail. Major central banks slash rates in extraordinary move to ease crisis Globe and Mail Update Wednesday, October 08, 2008 OTTAWA — Major central banks took the extraordinary step of deeply cutting interest rates in a coordinated move on Wednesday, a development that serves to underline the deterioration […]
On days like we have been having lately it is tempting to just turn off the TV, avoid reading the paper or surfing the finances pages of the internet. However sticking your head in the sand – as reassuring as it can be at the time – is a great way to guarantee that you go […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-30 11:40:192008-09-30 11:40:19Don't get caught with your finances down!
I have to admit that I bought into it as well over the last 2 weeks, I watched countless hours of CNBC, CNN and read the latest horror story on the many financial websites that I visit. However thanks to an e-mail subscription that I received from Matt Furey, I realized that there is more […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-29 10:30:352008-09-29 10:30:35Whose Fertilizer are you buying?
If you have been watching the news lately you have probably heard that times are tough and it may possibly get tougher. Well that does not have to apply to you personally. Below are a few suggestions to help you ride through the turbulent times with a smile on your face. 1) Trim the fat. As obvious […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-26 11:50:102008-09-26 11:50:10How to recession proof your life!
If you want a first hand account, then click here, here or here. As horrific as a run on a bank is, this is real: my friend in Hong Kong can see the crowds from his office. If enough people withdraw their money, it doesn’t matter how well-run or profitable a bank is, it has […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-25 09:19:512008-09-25 09:19:51What would happen if the bank where your savings are goes bust, and the bank where your mortgage is doesn't?
You’re about to learn some closely guarded information you’ll never hear from bankers, brokers, insurance agents, or credit card companies. Many love to keep you in the dark about debt, credit, and investing so they can keep getting richer at your expense. If you don’t do something about it, more than half your lifetime earnings […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-23 14:25:052008-09-23 14:25:05How to get a risk free double digit return on your money!
On Friday, September 19, 2008 the Department of Finance issued its final mortgage insurance guarantee parameters and accompanying explanatory notes. The final guidelines follow the initial announcement on the financial guarantee for mortgage insurance providers issued July 9, 2008 by the Department of Finance. There are two noteworthy changes from the draft parameters: 1. Elimination […]
The Supreme Court of Canada has denied an appeal of the plan to rescue $32-billion of stranded asset-backed commercial paper, clearing the way for thousands of individuals and companies to start reclaiming investments that have been frozen for 13 months. A group of Canadian companies holding about $600-million of notes had challenged the ABCP bailout […]
If you enjoy a good train wreck, then watching the financial markets of the past few days should have given you plenty to watch. For those of you who have not kept a roll call then here is a brief summary, Lehman Brothers the large brokerage house has filed for Bankruptcy protection, Merrill Lynch brokerage house was bought out […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-16 17:11:532023-03-06 17:32:41Another one bites the dust!
If you are like the average family, you probably have 2.5 kids, a house, a car or two and maybe even a cottage. You are most likely both working and counting down the years till you can kiss your nine to fiver good bye. You may even have a company pension and contribute to the Canada Pension […]
I just read this article in the Globe and Mail, you can read it here. If not here is my take. Current stats seem to indicate that we are slowly changing from a seller’s market to a buyer’s market. The change is sweeping us from West to East. As the market was at it’s hottest […]
It can reach the point where you don’t want to pick up the mail or answer the phone. There isn’t anything to look forward to anyway, who writes letter’s anyway? The daily mail invariably consists of a few pieces of colorful junk mail and yet another pesky bill to pay. Believe it or not, those […]
I just read this article here. The Americans have got them selves in a pretty sticky situation. As with every challenge there is a learning experience. So what can we learn from this? 1) Don’t bite off more than you can chew. If you can not afford it with out the use of “creative” financing […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-09-05 12:44:482008-09-05 12:44:48Lesson's from the US housing crisis!
What is money anyway?
As all the world’s financial markets are losing trillion’s of dollars almost daily, I am having to think “What is money anyway?” It is more than pieces of paper with pictures of deceased notables on it as Anthony Robbins says. Some say that it is financial currency for the value placed on the exchange of […]
Who is calling the shots?
Unless you were living under a rock or had your head in the sand, you probably know that most of the central banks lowered their key lending rates yesterday by 50 basis points. This was in response to the ongoing financial crisis that seems to be gripping the world. The strange part for us Canadian’s […]
Rate cuts everywhere!
From today’s issue of the Globe & Mail. Major central banks slash rates in extraordinary move to ease crisis Globe and Mail Update Wednesday, October 08, 2008 OTTAWA — Major central banks took the extraordinary step of deeply cutting interest rates in a coordinated move on Wednesday, a development that serves to underline the deterioration […]
Don't get caught with your finances down!
On days like we have been having lately it is tempting to just turn off the TV, avoid reading the paper or surfing the finances pages of the internet. However sticking your head in the sand – as reassuring as it can be at the time – is a great way to guarantee that you go […]
Whose Fertilizer are you buying?
I have to admit that I bought into it as well over the last 2 weeks, I watched countless hours of CNBC, CNN and read the latest horror story on the many financial websites that I visit. However thanks to an e-mail subscription that I received from Matt Furey, I realized that there is more […]
How to recession proof your life!
If you have been watching the news lately you have probably heard that times are tough and it may possibly get tougher. Well that does not have to apply to you personally. Below are a few suggestions to help you ride through the turbulent times with a smile on your face. 1) Trim the fat. As obvious […]
What would happen if the bank where your savings are goes bust, and the bank where your mortgage is doesn't?
If you want a first hand account, then click here, here or here. As horrific as a run on a bank is, this is real: my friend in Hong Kong can see the crowds from his office. If enough people withdraw their money, it doesn’t matter how well-run or profitable a bank is, it has […]
How to get a risk free double digit return on your money!
You’re about to learn some closely guarded information you’ll never hear from bankers, brokers, insurance agents, or credit card companies. Many love to keep you in the dark about debt, credit, and investing so they can keep getting richer at your expense. If you don’t do something about it, more than half your lifetime earnings […]
Final Mortgage Insurance Guarantee Parameters.
On Friday, September 19, 2008 the Department of Finance issued its final mortgage insurance guarantee parameters and accompanying explanatory notes. The final guidelines follow the initial announcement on the financial guarantee for mortgage insurance providers issued July 9, 2008 by the Department of Finance. There are two noteworthy changes from the draft parameters: 1. Elimination […]
Court turns down ABCP appeal!
The Supreme Court of Canada has denied an appeal of the plan to rescue $32-billion of stranded asset-backed commercial paper, clearing the way for thousands of individuals and companies to start reclaiming investments that have been frozen for 13 months. A group of Canadian companies holding about $600-million of notes had challenged the ABCP bailout […]
Another one bites the dust!
If you enjoy a good train wreck, then watching the financial markets of the past few days should have given you plenty to watch. For those of you who have not kept a roll call then here is a brief summary, Lehman Brothers the large brokerage house has filed for Bankruptcy protection, Merrill Lynch brokerage house was bought out […]
Who owns your ass(ets)?
If you are like the average family, you probably have 2.5 kids, a house, a car or two and maybe even a cottage. You are most likely both working and counting down the years till you can kiss your nine to fiver good bye. You may even have a company pension and contribute to the Canada Pension […]
Housing market continues to cool.
I just read this article in the Globe and Mail, you can read it here. If not here is my take. Current stats seem to indicate that we are slowly changing from a seller’s market to a buyer’s market. The change is sweeping us from West to East. As the market was at it’s hottest […]
Give yourself some credit!
It can reach the point where you don’t want to pick up the mail or answer the phone. There isn’t anything to look forward to anyway, who writes letter’s anyway? The daily mail invariably consists of a few pieces of colorful junk mail and yet another pesky bill to pay. Believe it or not, those […]
Lesson's from the US housing crisis!
I just read this article here. The Americans have got them selves in a pretty sticky situation. As with every challenge there is a learning experience. So what can we learn from this? 1) Don’t bite off more than you can chew. If you can not afford it with out the use of “creative” financing […]