Financial planner? Real Estate investing? ETF’s? Index Funds? Get practical (and simple) answers to your investment questions here.
*This post was originally published on June 4, 2018. Building the habit of consistently assessing your finances and evaluating if your plan remains the best course of action for your circumstances, is an integral part of achieving Financial Freedom. Life priorities and our related goals evolve as we mature. Our…
Ok – remember back in our 5 part series on transitioning to retirement when I talked about how I recommend that anyone looking to retire should secure as large of a home equity line of credit as possible? I wasn’t joking. We just verified that financing a vacation rental in…
After weighing all the pro’s and con’s, we finally decided to take the plunge and start 2020 off with a bang. Purchasing a vacation rental to ring in the New Year. But in order to figure out exactly where (and what) we wanted to buy, we had to first invest a…
Wow. 2020 has arrived – the beginning of a whole new decade, and a new chapter in our lives. This year, we are kicking things off with a bang. Hopefully you all had a wonderful holiday season, and after exercising sound financial planning and restraint, you are enjoying the rewards…
Back in the pre-Mr. Money Moustache days, before FIRE was its own stand alone acronym, and before personal finance blogs were sprouting up everywhere (man I really should have started my blog back then), Mike and I were in the very beginning stages of fumbling our way towards a goal Mike…
Though one might think a government introduced education savings tool would be structured to be simple to understand, Canadian Registered Educations Savings Plans (RESP’s) are instead one of the most complex tax advantaged accounts in Canada. God forbid the Canada Revenue Agency (CRA) make saving for your kids education straightforward!…
So lets assume you’ve done all your homework, and you’re convinced the landlord business is a good fit for you. There’s plenty of ways you can get into the game without derailing your plans for Financial Freedom. I’ll highlight a few here, but first, some additional considerations worth making. When…
A common question when it comes to building income streams, is how to adequately include real estate in your investment portfolio. Is owning your own home sufficient diversification? Would investing in additional properties over expose you to the real estate market? If I invest in real estate will I make…
Financial principles form the foundation of any viable plan to obtain Financial Freedom. Sound financial principles are evergreen, meaning that throughout time those principles hold true and for the most change very little, if at all. Financial strategies are the ideas and approaches we cultivate and utilize in order to…
Real estate is an excellent way to diversify your investment portfolio and build income streams. The problem is that people are often drawn to real estate investing based on misconceptions of quick returns with minimal capital investment or effort. Those situations do exist. Much like the stock market there is…