This has been a busy week so far. I started classes which I am taking twice a week after work, and there is quite a bit of homework and study attached. I really don’t remember how I used to mix work and school in the past! Here are my posts over the past week: Learn [...]
Archive for the tag 'interest rates'
17 Comments Kevin on Sep 10th 2010
The winds of the wolf’s breath are coming back to haunt us, again. Amid the talk of deflation and of falling house sales, gold has found its way to the $1240s, and silver is in the $19s. It’s been two years since the crisis blew up, and people are still unemployed and still in debt. [...]
20 Comments Kevin on Aug 26th 2010
Filed under Miscellaneous,Real Estate,Saving Your Money
Should I Go with a Fixed or Variable Rate Mortgage?
As some of you might know, we recently made the decision to purchase a condominium. As the unit is still under construction, we won’t be able to move in until sometime in January. The long period of delivery posed a problem when attempting to get a mortgage approval from traditional places such as ING Direct, [...]
27 Comments Kevin on Jul 21st 2010
Not too long ago, the Bank of Canada raised the benchmark overnight rate by 0.25%. The ongoing sentiment at that time was that the Canadian economy was starting to heat up, and interest rates were about to start their long upward climb. People rushed to get into 5-year fixed mortgages, notwithstanding the fact that even [...]
12 Comments Kevin on Jul 14th 2010
Filed under Miscellaneous,Opinion,Real Estate
Purchasing Your First Home: Questions and Decisions to Consider
I’ve recently talked about some topics related to housing, such as the advantages and disadvantages between a house and a condominium, as well as the difference between a variable-rate and fixed-rate mortgage. I must admit that my interest was more than just academic, as I now have a personal stake in the matter as well: [...]
21 Comments Kevin on Jul 7th 2010
What is fear? Why do we experience fear, and how does it affect us? Well, fear is quite simply one of the most basic and primal emotions that we are capable of experiencing. Most animals share this emotion with us, from mice to men. Fear is the drive that takes us away from danger, and [...]
25 Comments Kevin on Jun 30th 2010
Another week passes by, and another tens of thousands of barrels of oil gush out into the Gulf of Mexico, adding to what is possibly the U.S.’ worst environmental disaster. With the failure of one attempt to stop the leak after another, pundits are now starting to look at more drastic (and perhaps insane) alternatives, [...]
8 Comments Kevin on Jun 6th 2010
Filed under Miscellaneous,Opinion,Philosophy
9 Myths We Can’t Afford: Can the Printing Press Achieve Paradise on Earth?
The printing press: A fearsome, powerful tool. Used in the hands of a private man, he is branded a counterfeiter, and rightly so; his fake bills were created into existence without any value in exchange. Used in the hands of the government, however, the printing press suddenly becomes a legitimate policy tool, used to manipulate [...]
6 Comments Kevin on May 6th 2010
Filed under Growing Your Wealth,Investing,Opinion,Real Estate,Saving Your Money
Have a Lump Sum? Should You Pay Off the Mortgage Faster or Invest It Instead?
I have recently been considering buying a property (yes, even with the still-high real estate prices up north) since I have been renting for many years now and our rent is quite expensive, and no need to risk losing money and having to borrow or get online payday loans. We have managed to save enough [...]
16 Comments Kevin on Apr 29th 2010
