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… [Read More]
Is It Time to Nuke the Spill?
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,… [Read More]
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… [Read More]
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… [Read More]
Fixed Rate and Variable Rate Mortgages: Which is Better?
With the recent “scary news” coming from economists and the Bank of Canada, it appears that interest rates will start going up this summer. Indeed, as I showed in Interest Rate Mania: Where is the Housing Market Going?, interest rates are at historical lows and it wouldn’t be prudent to expect them to stay this… [Read More]