![bigstockphoto_House_4108400[1]](http://www.romanaking.com/wp-content/uploads/2014/02/bigstockphoto_House_41084001.jpg)
Investors I speak to these days aren’t too troubled by low interest rates or the inability to find safe, reliable income. That doesn’t mean they’ve parked their cash and let inflation erode their portfolios. Instead, they’re cashing in on the double-digit returns of Mortgage Investment Corporations, known as MICs (pronounced MIC as in Mick Jagger).[…]
Recently, I chatted with a couple who, after seven years, sold their century-old row house in Toronto’s Trinity-Bellwoods neighbourhood. With grins plastered on their faces, they happily declared the best part was their sizeable profit—they sold for $300,000 more than they originally paid—was completely tax-free. This got me thinking. Every week we get questions from[…]
When exchange-traded funds were first introduced more than a decade ago, they were designed to simply track the major stock indexes. Fast-forward 10 years and the ETF landscape is decidedly different. These days investors are no longer confined to using broad-market index funds. Now you can employ a variety of short- and long-term strategies using[…]
When Karen Somerville and her husband Alan Greenberg showed up for the pre-delivery inspection of their brand new luxury home in Ottawa they were horrified. Electricians, drywallers, plumbers and a variety of other tradespeople were still busy constructing their home and, despite assurances from the builder, the couple seriously doubted their $443,000 new build would[…]