About Mogo Mogo is a Canadian fintech company based out of BC. They offer loans, free credit score monitoring, mortgages, the ability to buy and sell bitcoin, and they have the best bitcoin rewards credit card in Canada. Before we get to the card, here are some things you should know about Mogo. The Mogo […]
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The Silver Short Squeeze (“aka the Silver Crunch”)
What is a Short Squeeze? A short squeeze is when speculators have to buy back an investment at a higher price because they sold their investment without owning it hoping to buy it back at a lower price. When you sell an investment without owning it, it’s called a short sale. The people who carry […]
How to Live Financially Free
Living mortgage free is only one step to living financially free or secure. You need to develop a strategy if you want to be financially free. The ultimate strategy is earn more income. Sure, you can cut expenses, but, unless you’re making a lot to begin with, you still want to earn more income if […]
Silver ETF – TSX:HUZ
Disclaimer: I am not licensed to provide investment advice. You must consult with a licensed advisor for stocks, ETFs, and other financial investments. This post is for informational purposes only. Do not take anything in this post as advice. This silver ETF I found was $11.53 yesterday. It’s all time high was between $30 and […]
Is Living Mortgage Free, Financial Freedom?
Is paying off your mortgage and living mortgage free really like having financial freedom? When you have a mortgage, it may seem like it would be. When you finally pay off your mortgage, you realize it’s not yet quite financial freedom. Related: How to Pay Off Your Mortgage Faster I’m mortgage free, but, I still […]
How to Calculate the Land Transfer Tax in Ontario
Every province and territory in Canada has some tax or fee whenever you purchase a home. You should take this into account with respect to your expenses. Your realtor fees and this land transfer tax are the two biggest expenses after the cost of your home. Mortgage insurance only applies if you’re required to take […]
When to Pay Off Debt – Kevin O’Leary
For me, Kevin O’Leary, made Dragon’s Den. Without him, it would have lost it’s excitement. Unfortunately, he left to head over to Shark Tank. Recently, I saw a video of him talking about debt. Here is his quick take on debt and when to pay it off, and what to do afterwards. What do you […]
The Complete Guide to Credit Scores in Canada
What is a Credit Score? Your credit score is a rating assigned to you by the credit bureaus. The rating is between 300 and 900, where 900 is the best you can get and 300 is where you start off. This rating is one factor, albeit a major factor, used to determine whether you can […]