The Blog

News Articles & Miscellaneous Ramblings...


Mutual Funds vs. Investment Real Estate

Posted by: Cobblestone in Why Real Estate, Mutual Funds on Apr 08, 2008

or "The problem with Mutual Funds"


Ahhh... RRSPs. I could chat for a long time on this, but here's my 'short' version of it;

RRSPs serve only one purpose: To reduce your payable taxes in the year you make the contribution (including up to Feb). Nearly everybody thinks there is *no* taxes on RRSPs, when in fact you only defer the taxes until you take the money out.




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News articles for the week of March 31

Posted by: Cobblestone in Weekly News on Apr 04, 2008

Flipper or investor? Find your comfort zone


  • "That is the thrill a flipper lives for -- fast cash. But don't fool yourself: A flipper is not an investor looking for safety first. Paying $800,000 for a condo downtown and renting it for $2,500 is not an investment, it's a gamble on a higher priced sale in the future. Flippers often get caught in downturns, you must be able to weather one, when it

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“An overnight success always comes after a few years”

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