Category: Wealth

Image Source: 123rf.com As a new investor, getting started in the world of investing can be intimidating. Doing your research and learning as much as you can will serve you well. Whether you want to master the basics or build long-term wealth, there are books out there that will help you get where you want…

Finances & Money Image Source: 123rf.com As a married man, I know how explosive arguments can be, especially if you have the knack for choosing the wrong words. The words you say can either resolve the conflict or escalate everything. So, when you are in the middle of a heated moment with your other half,…

The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to 3%. Here is the text of the central bank’s decision: The Bank of Canada today reduced its target for the overnight rate to three per cent, with the Bank Rate at 3.25 per cent and the deposit…

Best Way to Invest Cash A reader recently asked what to do with several hundred thousand dollars that he received when he sold his tech stocks. What a great problem to have, you come into $100,000, $500,000 or more, in cash and you’re wondering how to invest it. Investing large sums of money into the…

Cars Image Source: 123rf.com The automotive industry has come a long way in terms of safety in recent years. Vehicles have to pass rigorous testing before they are allowed to hit the road. That said, there are some cars that are unfortunately still known for their high death tolls. Here are six of the deadliest…

The impact on Canadians with a mortgage In the short term, at least, this most recent rate cut is positive for mortgage borrowers, whether they’re shopping the market for a new mortgage, or looking to renew their existing mortgage term. With the benchmark rate now 2% below its 5% peak, that’s considerably lowered borrowing costs…

Sadly, I could share all of the Rich Habits, success tips, wealth advice, health research, etc. with everyone in the world and still only a small percentage would take action. Why are so few willing to take action and change their lives? Because change is hard and only a small percentage will make the effort…

Cars Image Source: 123rf.com Electric vehicles (EVs) have become more common, with more than 3 million on the road in the United States. I’m not one of them, but I am plugged into the world of EVs and mechanics who are learning the hidden costs of these cars. While they are often hailed as the…

“Interest rates are also likely to push lower in 2025, helping renters make the transition to home ownership,” Sondhi said in the report. “What’s more, falling interest rates should lower costs for landlords, reducing the pressure to pass through these costs to rents.” Rental supply grows, giving renters more options Forecasts say the rental market…

Image Source: 123rf.com Are you aware of the common financial pitfalls that trap most people? Financial pitfalls don’t discriminate. Every generation is prone to common financial mistakes. For example, many millennials live paycheck to paycheck and have crippling debt and boomers fail to save for retirement early enough. Here we’ll discuss 7 financial pitfalls and…