One of my missions for the Brain Buddha is to educate and expose many lies in what is a lot of predatory behaviours.With a global pandemic and government stimulus cheques in people’s hands, it’s created a new batch of amateur retail investors.Especially with no-fee trading apps like Robinhood (I’m not linking to them because I …
First, full disclosure, I am NOT a professional financial analyst (although I have an Economics degree) but this is not my “profession”. However, I do have common sense and I look at the World with a broader (Macro) view. I see a lot of confusion as to:”How is the stock market up during a pandemic?”This article explains …
You either are a believer in Bitcoin or a non-believer. Personally, I’m not too sold on Bitcoin itself, BUT… …I do believe in the underlying structure of blockchain and the concept of cryptocurrencies. If you’ve been wondering what exactly is Bitcoin and what all the hoopla is about, here’s a simplified version of what it is.[Read on here].
Ahhhh, real estate flipping. One of the popularized sources of passive income… …when it works. Of course some of the younger generations haven’t seen or experienced bubbles… …until now. There are a lot of markets right now experiencing real estate bubbles. Especially in my hometown Vancouver, BC, Canada – the real estate bubble has burst …
Young Real Estate Flippers Experience First Taste of Losing Read More »
Rental income from a rental property is popular way to generate “passive income” however, it’s not necessarily easy if you’re not careful. I know one relative who has a second property just sitting around not being rented out just because he’s too scared of renting it out to a bad tenant. While this is an …
How to Spot a Bad Tenant Before Renting Out Your Property Read More »
Warren Buffett is one of the few investing professionals out there I follow closely. He and his partner Charlie Munger are the small handful of people I listen to closely when they share their wisdom. Here Warren Buffett shares some of the biggest investing mistakes people make:
I don’t plan on “retiring” too early, mainly because I enjoy what I do. But I do want to be financial secure and independent at an early stage. I know people who have retired at an early age, some handle it well and some, well, not so well. If you plan on retiring early (or …
As humans are living longer (on average), I have a fear of not having enough money in my retirement years. I also don’t want to be a burden on family/friends. In this opinion piece, this financial planner explains this one investment move that could provide you a yearly income in your retirement years. [Have a …
A lifetime of yearly income in retirement with this one investment move? Read More »
”Buy low, sell high” That’s the mantra of being successful in investing and business. But in reality it’s easier said than done right? Real estate and property is always going to be a popular investment asset class. A great way to find low-priced properties, is to look for properties that are “distressed” or where the owner no longer …
How to find cheap properties you can flip for profit Read More »
If you plan to invest in property, working out your cash flows and taking into account all the costs you may not have thought of is pretty critical. Using spreadsheets to help you work out the numbers is a must, luckily, you don’t have to build one from scratch. [Head over here for how to build one …