(img: taxcredits) Our apologies in advance … there’s a rant ahead. There are some people who should not invest in real estate. Not ever. They will lose money, cause frustration for themselves and ultimately it will be a failure for them. We’ve seen it over and over again. And it’s sad. There’s an investor we know…
In a world that is so incredibly messed up fiscally, it’s entirely entertaining to watch central bankers wake up to the reality of the corners they’ve painted themselves into. With great expectation, the world awaits “higher” interest rates in 2015 even though, deep down, we all know it’s not going to happen. Not in any real way.…
A friend’s dad is convinced there is a housing bubble in Canada. And he’s been convinced of this since 2002. At some point, he’ll be right. Unfortunately, we live in a world where true price discovery of real estate is not possible. It’s actually a disservice to yourself and to your friends to walk around talking…
(img: kushari) I often wish I could go back in time … back to high school. Why? Why go back to the land of gossip, pimples and exams? Because it would be SO COOL to have someone, at that young age, explain to me the difference between creating temporary income versus permanent income. In high…
(img: dan mckay) Those pesky central bankers are at it again. They just won’t raise interest rates, will they? The threats of higher rates have even disappeared … which is scary in and of itself. To many of us, the idea of “inflation” is a foreign concept best ignored. Even Henry Ford, many moons ago,…
Well well well … Today please let us have some summer fun and indulge us while we riff a little on the state of the economy. Good? OK great, here we go… Aren’t these just the most interesting times we live in? Just when everything seemed to be going according to plan in Canada, doesn’t…
If you’re new to us, this blog and Rock Star in general then let it be known that we love studying the global economy. We spend a lot of time on Canada and even more time on the U.S. as our largest trading partner (75% of our exports) and the largest economy in the world.…
