Open or Closed Mortgage: Which Is Better?
Mortgages come in two main varieties; open and closed mortgages. An open mortgage can be paid off early without any penalty, while a closed mortgage…
Category: Blogs
How to Calculate Your Personal Rate of Return
Personal rate of return is primarily calculated using two methods; dollar weight return or time-weighted return. A dollar-weighted return provides you with your personal rate…
New Home Warranty BC: The Complete Guide
New Home Warranty in BC provides protection for any new home built in British Columbia against construction defects. The program requires all homes built in…
Renting vs Buying Vancouver : Which is Better?
The debate over renting or buying a home is similar to the discussion around index vs active investment. Both generate a lot of emotional arguments…
3 Reasons to Delay Your Home Purchase
Everyone wants to own a home. Everyone tells you to buy a home. Why? Because it always goes up in value, of course. While home…
The Importance of Credit
A common set of advice is usually given when working towards financial freedom. These might include living below your means, working with a budget, saving…
What is a Guaranteed Minimum Withdrawal Benefit (GMWB)?
A guaranteed minimum withdrawal benefit contract is an insurance investment product that can offer a guaranteed income amount for a period of time or for…
Why a Defined Benefit Plan is not a Retirement Plan
Having a job that offers a defined benefit plan doesn’t free you from the responsibility of planning for your retirement. It seems everyone wants a…
Why Saving is Critical to Financial Success
If only I had made more money, things would be easier financially. Does that sound like something you’ve heard or even said? If it does,…
What Makes a Person Good with Money?
I began playing basketball in grade 7 and was fortunate enough to play some college ball. The game might seem to be only about talent…
What is an Insured Mortgage?
An insured mortgage, often referred to as a high-ratio mortgage, is a type of mortgage in which the borrower has less than 20% of the…
7 Qualities of a Great Manager
People will stay with an organization because of a manager and leave because of a manager. I couldn’t agree more with that as I reflect…