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  • Quick Guide: Amoritization
    Quick Guide: Amoritization
    One of the most important things to think about when buying a new home is how much it’s going to cost. For many people, this means not only looking at the actual price of the home, but also considering the financing options they have.When...
  • Mortgage
    3 ways to pay your mortgage off faster
    Owning your own home is a dream for many people, and most of us will purchase our homes with the assistance of a mortgage. Shopping for mortgage rates will get you a competitive interest rate, but once the mortgage is in place there are several...
  • 2005 Chevrolet Clasic
    Retro car review: 2004-05 Chevrolet Classic; renting paradise, buying perdition
    You couldn’t buy a Classic day in paradise, but you could have rented it. You could have rented a Classic day in Newark, New Jersey, too. You could have rented a Classic day just about anywhere. For a time, the Chevrolet Classic was a...
  • Happy Canada Day and the 4th of July---Time to renew our perspectives!
    Happy Canada Day and the 4th of July---Time to renew our perspectives!
    With the celebrations it feels like the start of a new year. With our countries running significant deficits and having sizeable debts, we could be in for a rough financial ride down the road. For many that is already true. They have not found...
  • U.S. Housing could be in trouble, eventually dragging down the Canadian housing market.
    U.S. Housing could be in trouble, eventually dragging down the Canadian housing market.
    In April, 12.7% of all U.S. mortgages were delinquent. This is a serious number of delinquent mortgages reflecting high unemployment and a housing market down turn in the U.S. It could mean that more houses will soon be in foreclosure and...
  • Debt consolidation made easy, Pay off debt rather then consolidate
    Debt consolidation made easy, Pay off debt rather then consolidate
    Canadians have a lot of debt outstanding. In fact it amounts to well over $1.4 trillion dollars. Think about the labor hours required to pay this back to the lenders. We pay lenders in after tax money. So the Taxman takes 1/3 of our paycheck and...
  • Watch for a Canadian Debt Crisis in the next few years!
    Watch for a Canadian Debt Crisis in the next few years!
    Canada’s own Mortgage and Debt Crisis will appear in the next few years The politicians seem to be crowing about Canada’s recent growth spurt. Yes, a growth in the GDP of 1.5% for the quarter or an annualized GDP growth rate of 6.1 %...
  • Canadian Debt challenges will be Shocking if we have a Market Downturn
    Canadian Debt challenges will be Shocking if we have a Market Downturn
    Canadians have racked up debt to an all time high, owing some $1,400,000,000,000. Yes, that is $1.4 trillion dollars of debt. It amounts to anapproximate average of$66,000 per person between the ages of 20 and 65 years of age. When one considers...
  • Maybe there is a Gold Standard after all?
    Maybe there is a Gold Standard after all?
    Perhaps there is a Gold Standard after all. Consider this, in less then 10 years the price of gold has climbed from under $300 to over $1200 per ounce. A 400% increase in 10 years. That would have been a great investment. The S & P 500 has not...
  • Financial Literacy can cut Mortgage Amortizations in Half
    Financial Literacy can cut Mortgage Amortizations in Half
    Financial Literacy can cut Mortgage Amortizations in Half Understandingthe banks products and how to use them correctly can benefit home owner’s big time. Banks would love for you to believe that they are very helpful by suggesting you pay a...