Planet coming to earth?
Today, when I was watching the news, the reporter said that NASA was going to go in space to land on a meteor and they said that a planet is coming this way. Now the report on this news was short, compared to some useless information they will drag on the news for about five minutes. Now was this an indirect warning? Well like I said before in my planet x article, I don’t think it seriously, yet I will not say that believers are insane either. I am simply neutral on the subject. It is true that something could be happening, and I know that if it is, the government would not...
read moreCanadians it’s time to by USA, currency that is!
If you’re reading this, chances are you found this site thru Google or another search engine inquiring if this is the right time to buy US currency. Personally, I say yes all the way. With the US economy slowly recovering this is probably one of the best times to buy US currency if you ever plan to take a trip, or buy property or land in the USA since eventually our Canadian dollar will be worth less. Of course I could be wrong, bat as the past as shown us time and time again, when our Canadian dollar goes up in value, it eventually goes does again. Now let’s look at...
read moreCanadians investing in us stocks
Now if you are a Canadian and an investor like myself, you may feel to invest in us stocks and reap more benefits. But here are a few tips below before you do so. Don’t investin us dividend in a tfsa account: Investing us dividend in a tfsa makes you lose the benefits of the tfsa since all dividends paid to you from your us stocks will have a automatic tax of 15% from the IRS. Instead invest your us dividend stocks in a RSP (also known as RRSP) and therefore no 15% (due to US – Canada treaty) or a unregistered cash account so you can write off the IRS tax to Revenue Canada...
read moreCanadian house prices could go down
Now in Canada, the mortgage interest rates are going even lower, to a new low 2.99% for a 5 year fix with the Bank of Montreal,which in thus will probably increase the house prices on the market today. Now you may say “Well that’s great isn’t it?” Well in short, NO. For now it’s true it is a good thing, but like the old saying says, ” what goes up must go down”. Now more than ever, Canadians are buying homes that if the interest rate was, for example 5%, they could not afford, which is scary, since mortgage rates will go eventually back up which...
read moreThe wall street protest coming to a home near you
The protesters are out, but not simply on Wall street, but around the world. The spread of the protesters has gone global and it doesn’t seem it will stop any time soon. Protesters all aroud the world are mainly protesting about the 99% vs 1%, meaning that the 1%, or so called the corporations have more wealth (money) than the remaining 99% of the population which is struggling more and more just to get by with their bills, rent etc… My predictions to this is that if the government does not do any changes then violence could occur. I support the protest but like anyone else, I...
read more