How to Profit in Gold When we invest our savings, we usually limit our choice of assets to mutual funds, bonds, and certificates of deposit. Investing your money in these assets has traditionally been seen as the best and most straightforward way of accumulating wealth for the future… at least, that’s what we used to… [Read More]
Weekend Reading: Canadian Housing Bubble Edition
The talk about housing prices and bubbles never ceases. I’ve been doing some thinking on this topic, myself; I don’t quite see the Canadian housing market as being in a bubble, myself, due to our recourse loans encouraging people to stick it out rather than default, and the fact that stricter lender requirements should mean… [Read More]
Huff, Puff, and Blow Your House Down
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…. [Read More]
Interested in where interest rates are going?
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… [Read More]
Meet Andrew Hallam: The Millionaire Teacher
I am pleased to have the honor of having Andrew Hallam with us today for an interview. Andrew is a highly respected investor currently living in Singapore, where he works as an English teacher at Singapore American School, and writes freelance finance articles. Nominated a finalist for two Canadian National Publishing Awards, his writing has appeared… [Read More]
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