Mortgage rates lowering
Personal Finance

Accelerating Mortgage Payments will Free up Cash for RESP, Retirement Savings

A couple we’ll call Harry, 35, and Tina, 37, are thriving in their careers. Harry, a geologist with a large company, brings home $5,730 a month. Tina, a management consultant in the chemical industry, adds $3,880, for total monthly disposable income of $9,610 a month. They have a two-year-old child. You could say that Harry […]

Investors can learn from lottery
Featured Investing

What Lessons Investors Can Learn From the $1.5-billion Powerball Lottery?

The U.S. Powerball lottery and its “world record” US$1.5-billion jackpot (or thereabouts) certainly caused quite a stir over the past few days. Even Canadians, apparently, were scrambling to get in on the action, flocking to American border towns to buy tickets. Jeesh. I don’t want to be a party pooper, and 1.5 billion is a […]

Featured Investing

How to Make Your Portfolio As Inefficient As Possible – Pay Down the Mortgage

There’s been no shortage of fear-mongering about the Canadian housing market – whether that’s Deutsche Bank stating it is overvalued by 65 per cent, or U.S. hedge funds shorting the country’s banks and mortgage providers. Jerome Hass, a portfolio manager at Lightwater Partners Ltd., had similar views about the London, England, property market just under […]