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A friend and I have been talking about renting vs owning and which is "riskier". On the renting side you have, effectively, price risk (rents could go up, maybe due to real estate appreciation). On the owning side you have asset risk (in the short term your home could drop in value, require a...

For the "too long didn't read" version jump to the end :) I am considering proposing to my boss that I work remotely from another country (in a set city, we wouldn't be traveling around except on weekends, and the timezone isn't wacky, so my hours wouldn't change) for 3-12 months. The large...

I put away $125 per week for my RRSP (6500 per year) and at tax time I tend to purchase on top of that another $5000. Currently the 125$ is added every week to three different mutual funds. I'm moving away from this and into either index mutual funds or index ETFs. My question is geared towards...

Can someone who has a Canadian discount brokerage account other than TD Waterhouse verify for me if you can purchase the TD eSeries (ie should be able to search for "TD Canadian Index - e" not "TD Canadian Index - I")? The reps at TD seem pretty clueless when it comes to the eSeries for some...

When I was younger and less educated on planning for retirement I was talked into signing up with a financial advisor who works with Raymond James. This was probably 8 years ago. The relationship has been good and all, but I've decided I want to move my assets from the high MER mutual funds that...

I have several items that I am saving towards with a medium time horizon in Canada. We have a combined room in our Tax Free Savings Accounts of 7500. The first is a new vehicle in 5 years time that I put away $400 a month towards. I have $2000 already saved. The second is college tuition for...

I came across an ad over the weekend for a small hotel/bar/restaurant located in a small town about 3 hours from where I live and an hour from where some of my family live. The town has about 300 people and is in the middle of a farming area. From what I can figure out there is one more small...

I saw this mentioned in the thread 'eliminating debt is my main FIRE goal' but I couldn't figure out exactly what it is that they were talking about. I did some searches but I just get a lot of unrelated threads (apparently the words 'mortgage', 'freedom', and 'account' are used a lot here...

My wife is considering some post-secondary training and is in the 'I wonder what would be a good career to work towards' stage. She currently is a stay at home mom but in a couple years our child will be off to school full time. She asked me the other day "What's the career to be in nowadays?"...

I'm looking into a fourplex located in the small town that I work in. I live in another small town 10 minutes away by car. The biggest city in the province is 25 minutes away by car. The town with the property has less than 500 residents. I contacted some people in the town and the town admin...

I'm scheduled to sign some papers for my home's mortgage on Monday for a 5 yr fixed term. But just the other day the bank dropped it's prime rate by 0.25% (after the bank of canada did a rate cut). Their 5yr rate hasnt moved yet, but does anyone think I should try to stall for a few days to see...

Like many of you I have a budget that I've developed and refined. One area that I've identified that needs better estimates is my category 'Vehicle Maintenance'. Right now I have a flat $150 CAD for maintenance. This includes routine maintenance and major repairs for a 2006 Honda Ridgeline truck...

Anyone thankful this year they gave the gov an "interest free loan" in 2008? What I mean is, is anyone else happy that the government had an interest free loan from them? I ask because although the money I'm getting back for my tax return is just my money that I overpaid them (what I mean by...

I'm still a ways off from retirement but I am interested in possibly purchasing a piece of land for future development for retirement. Where I live (Canada) there aren't any places that meet my criteria that I can think of off hand. I missed the boat for affordable land in my province by about...

I read a monthly publication released by Sprott Asset management and I found their latest article (late February I believe) interesting: http://www.sprott.com/pdf/marketsataglance/02_2009.pdf I think it is interesting that they recommend owning physical gold, as if that is something that you...

My wife was watching '17 kids and counting' and the episode was about how they save money etc. At one point they went into some detail on how they own a number of commercial properties and rent them out. I was just wondering if anyone here has done that and how it went. I've been interested in...

Hi everyone, I'm glad to have stumbled upon this forum! I've been lurking reading posts for a week or so and I figure this is definitely an online community I want to be a part of. According to the post for guidelines it said to be specific so I hope I'm not being too specific! As for who I...