Stephan Dion, leader of the federal Liberal Party of Canada, promised today to roll back the tax on income trusts. Income trusts became very popular because they let companies payout a lot of their profits as taxable income to investors, allowing them to pay little corporate tax. In an attempt to stop companies from all [...]
A “Real Estate Investment Trust”, or REIT for short, is a way for investors to invest in a portfolio of one or more real estate holdings within units/shares, much like stock. REITs are heavily traded on stock exchanges and can give excellent distributions through the rent they receive from tenants within the investment portfolio. These [...]
Educating yourself financially has never been easier especially when you do so through a board game. Cashflow is a board game created by Robert Kiyosaki, author of the RichDad, PoorDad series, which he created as learning tool for those wanting to get out of the “rat race”. Not only does it come as a board [...]
As the American real estate market collapses Canadian investors and home owners are shaking their heads in fear that the same thing could happen in Canada. Why shouldn’t they be? All you see on the news is this doom and gloom in America. For the first time in six years the national average for [...]
In places like Phoenix, Las Vegas, and Miami we have seen real estate drop like a rock. Some people see doom and gloom but I see opportunity. We need to be careful investing in these places because it’s hard to speculate a bottom in the market. A lot of places in the American market are [...]
