February 2010

Who really makes money predicting the end of the world?

Posted by on February 25, 2010 in Investment Information

Nouriel Roubini, arguably next to Ben Bernanke, is the world’s foremost media darling economist (to the extent any economist is appealing to the masses). It was Roubini who predicted the end of the global real estate bubble in 2006 and continues to believe that the worst is yet to come.  In March 2009 he predicated [...]

How to prove you are a valuable employee

Posted by on February 23, 2010 in Jobs

Value is generally a subjective concept. What may be worth something for one person may mean relatively less to another. In the workplace, it is especially hard to prove value unless you are a salesperson, judged solely by how much money you can bring into the business, or recover money, measured by how much money [...]

Why are people so bad with money?

Posted by on February 22, 2010 in Investment Information

Many of my friends and colleagues have young children. Since the parenting industry looks at all new parents as walking dollar signs, they are often sold the latest magic bullet solution to raise perfectly well-adjusted, intelligent and healthy children; after all, if you buy the wrong thing for junior, he’ll grow up to be a [...]

How long should you give an investment advisor before dumping them?

Posted by on February 18, 2010 in Investment Information

A special thank you to the Globe and Mail for naming this blog one of the five sensible yet entertaining blogs to help build wealth. The other blogs are thoroughly entertaining reads and readers should take time to explore them. If you are reading this blog for the first time, please browse around and, if [...]

How to spot warning signs as a dividend investor

Posted by on February 17, 2010 in Dividends

Management incompetence and dividend paying stocks are not mutually exclusive concepts. Even though research shows that dividend paying stocks tend to consist of the majority of stock market returns during down markets, it cannot be concluded that all dividend paying stocks will ride out all economic cycles smoothly. A 24 month period of dividend decreases [...]

How do I know if I paid too much?

Posted by on February 16, 2010 in Investment Information

Professional investors or bloggers often say  or write that the stock market or the real estate market is over-valued or under-valued.  What exactly are they basing this analysis on? How do you know if you paid to0 much for stocks or real estate or whether you got a deal? Share prices are an expectation of [...]

How much money do retailers really make?

Posted by on February 11, 2010 in Investment Information

Retailers tell you that retail is a brutal business. Trends shift. Consumers are bargain hunters. Expenses are high. Several years ago, retailers began to shift into the credit card business to pursue higher margin lines of business.  The rationale being that traditional retail was making so little money but, with such high traffic into the [...]

Are you better off with a non-monopolistic MLS?

Posted by on February 10, 2010 in Real Estate

Multiple listing service (MLS) is short-hand for a system that co-ordinates the orderly buying and selling of real estate. One of the key components of the MLS system is a centralized database of listed homes for sale. Owned by real estate associations like The Canadian Real Estate Association (CREA), it can effectively shut out competition [...]

3 tips to set yourself apart from other job seekers

Posted by on February 9, 2010 in Jobs

Job seeking is not unlike other aspects of life. It is the small things that count. As someone who hires, a pool of job applicants can be classified into three broad categories: definitely interview, maybe interview and just not a good fit. In the “definitely interview” pool, in most cases, the difference between the job [...]

What is in store for condo investors in 2010?

Posted by on February 8, 2010 in Real Estate

If you are a condo owner or a condo real estate investor investor, or are contemplating investing in a condo, there are a few key factors to consider in 2010. Maintenance fee escalation on new units: In the last 5-7 years, there have been a staggering number of new condos built in many major urban [...]