Tag: money management
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Ontario Assets Wealth Podcast ep #4 w/ Jayson Lowe
In episode #4 of our Wealth Podcast, Jayson Lowe from @ascendantfinancial attempts to get a word in. Luckily, he is very patient and he had some captivating analogies that cut through my noise. Jayson is a CEO who is passionate about helping folks Become Their Own Banker. He helps them structure their wealth strategy around…
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KWNR Wealth Podcast – Ep. #1 Dylan Suitor
https://youtu.be/DrrlWQBLEho
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How to get an 800+ credit score – Arlen Dahlin
HOW TO GET AN 800+ CREDIT SCORE!! As lending tightens, having a GREAT credit score becomes more important than ever, especially if you are looking to finance REAL ESTATE purchases. 3 Key Things That = A High Credit Score 1. Pay every bill on time 2. Keep your credit card utilization below 20% 3. Consistency…
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Fixed or Variable – Guest Post by Arlen Dahlin
MORTGAGE DECISIONS FOR INVESTORS – 5 YEAR FIXED OR VARIABLE?? 🤷‍♂️ I have been asked this question many times lately. HISTORICALLY, IS IT FIXED MORTGAGES OR VARIABLE RATE MORTGAGES THAT HAS SAVED BORROWS THE MOST IN INTEREST EXPENSE? Answer: Variable rate mortgages! * I have ALL my single-family property mortgages on variable rates, I have…
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4 Tips When Managing Your Portfolio (or in a Downturn)
Is there a correction or crash coming? The CMHC head has repeatedly stated his fear that there is. Conversely, we are equally confident (and putting our money where our mouth is) that values will continue to go up. However optimistic we are though, it is always a good practice to prepare for downturns through strategic…
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Be an Asset Collector
BE AN ASSET COLLECTOR! Advice for young investors just getting started… If you don’t know what niche you plan to follow to start building wealth (and even once you do), start collecting low overhead assets. Meaning, assets that don’t cost much to hold onto long-term. Got some extra cash? Go buy some physical gold or…
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The Revival – October 2020 Newsletter
Greetings Friends, As most people are getting swept up in Fleetwood Mac’s Dreams and swigging cranberry cocktail, I’ve recently begun watching Game of Thrones. I know, I know, I’m late to the Game. But I’ve never been much of a TV trend follower. In the show there is a common, dread-filled refrain: Winter is coming. Even though there…
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Real estate industry experts question CMHC’s ‘bizarre’ move
On July 1, Canada Mortgage and Housing Corporation (CMHC) tightened its underwriting policies for high ratio borrowers, including increasing credit score requirements and lowering debt servicing limits. CMHC is, of course, a Crown Corporation, but there are private mortgage insurers, Canada Guaranty and Genworth Canada, that did not follow CMHC’s lead. The result is CMHC…
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The Revival – August 2020: Privates and Joints… Wait, what?
This week on social media, I’ve seen headlines like – “Tiny Toronto House for $1 Million!!” + “Toronto’s Real Estate Rising Fastest” and TRREB released their July Sales Data showing the housing market’s unbelievable resiliency. Increasing asset prices combined with a sluggish economy (due to the haphazard, government-imposed, COVID response) doesn’t seem like a great recipe for getting your foot in the…
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The Revival – July 2020: Now! …No Better Time To Start
Those who have connected to chat about business know that OA is keenly watching the economic drivers that COVID has highlighted and those that it has disrupted. On top of our Real Estate businesses, we dabble in stock options trading, metals, small ventures and private lending. These vehicles hold fantastic opportunities to build your wealth, but they also…