by Rona Birenbaum BAS CFP®, CHFS | Nov 21, 2011 | Cash Flow Concerns
Royal Bank’s latest housing survey found that one-third of Canadians who are 55 or older have at least 16 years left on their mortgage term. That reality doesn’t line up with the average Canadian’s desire to be mortgage free by age 65. The survey was picked up by the...
by Rona Birenbaum BAS CFP®, CHFS | Oct 16, 2011 | Cash Flow Concerns
With interest rates at historical lows, the majority of Canadians with mortgages, lines of credit or conventional loans are making the minimum payments required by their bank or credit union. This is a mistake. When interest rates are low, more of your payments can go...
by Rona Birenbaum BAS CFP®, CHFS | Sep 16, 2011 | All About Investing, Cash Flow Concerns
Yesterday, CNBC interviewed the President of the International Monetary Fund (IMF) Christine Lagarde on Europe’s fiscal problems. You can see the interview here. It is well worth 8 minutes of your time. In our view, resolution of the debt problems in Europe will take...
by Rona Birenbaum BAS CFP®, CHFS | Sep 5, 2011 | All About Investing, All About Tax
Every once in a while I come across an investor who was convinced to borrow money and invest the loan proceeds. This was presented to them as a smart way to build their net worth and reduce their tax bill at the same time. There are a number of financial organizations...
by Rona Birenbaum BAS CFP®, CHFS | Aug 23, 2011 | All About Investing, Risk Management
I subscribe to one daily blog, and it is the one written by Seth Godin. Seth is a wonderful thought leader on all things business. He posted a second blog on August 23 following an earthquake in Virginia that measured 5.9 on the Richter Scale. Please replace the word...