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Real EstateI own a rental condo which will have a significant negative cash flow with present variable mortgage rate. I am closely following resales in the condo building. If I project capital gains of 3% per annum for the after tax capital gains would exceed the negative cash flow. I do have funds to...
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Off Topic LoungeWhat do you rank as the worlds most concerning problem ? I would choose the still smouldering nuclear reactors in Chernobyl and Fukushima. Out of sight and out of mind for most people but they haven't gone away and there is no permanent "fix" for them. Russia is supposed to be building...
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Off Topic LoungeThere is going to be an Alberta Provincial election in May. A poll conducted in the city of Calgary showed that a sizeable majority of voters living there consider NDP Rachel Notley more closely aligned to their own "centrist" views than Premier Danielle Smith, who they view as a far right...
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InvestingPerhaps a little early to sound an alarm bell but 6 months ago the 10 year Cdn Government bond yielded 0.56% and today it is around 1.32%. US rates have risen in a similar fashion. As we know, interest rate movements will eventually affect the stock market but probably worse, the housing...
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