The smartest business people have always recognized the value of debt in building wealth. The idea that all debt leads to financial ruin can often be wrong. To take a closer look at when debt can be  good, here are five cases to consider: 1) When you can use borrowed funds to earn a greater [...]

As a retiree, when is the right time for you to sell or downsize your house? In many cases, new retirees have owned their homes for decades and seen it increase significantly in value. Many are depending on it to help fund their retirement choices as well. With all this talk about housing bubbles in Canada, how [...]

Mortgage insurance is one of the most important decisions when buying a new home, but unfortunately, many people do not consider it carefully.  Many mortgage representatives at the big banks will always tell you to get mortgage insurance. Stressed, vulnerable and without having shopped around for insurance, many new homeowners say “yes” without a second [...]

I was at a dinner party recently and the topic came up; “We’re renting, just waiting for property prices to tank” said Bruce. “Well this house has been our best investment ever, we built it 14 years ago and have watched it go up every year since” quirked Janice. The debate on peaking property prices [...]