Tag Archives: make money

Jul 3 2013

Save An Hour of Salary, Prevent a Day and a Half of Work in the Future

The power of saving and investingOver the last 112 years, the stock market has averaged an annualized return of 8.5%*.  If you were to invest a single dollar into the market and receive the average returns, in 30 years it will be worth $11.56 (see “The Power of Compounding”)!

Let’s translate this into a figure that will scorch an image into your mind that will hopefully transform your perception of the importance of saving and power investing.  Let’s talk in terms of something that keeps us away from doing what we want, when we want to.  Yes, that’s right… work!

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Jan 14 2013

Start working for yourself without quitting your job!

Early RetirementWouldn’t you love to work for yourself?  Are you afraid to quit your job?  Surprisingly, you don’t have to!  You don’t even have to work any additional hours!  What am I talking about then?  It’s simple.  Start saving today!

Alright… at this point I’ve lost a solid percentage of my readers, individuals who simply aren’t willing to sacrifice their own “perceived happiness” just to save.  But hold up one minute there… what exactly is a sacrifice?

When I used to have to wait to purchase something I thought of it as a sacrifice as well, but as time has went on and wisdom has slowly creeped into my head I now realized that I had a threatening disease known as first-world slavery and that making the actual purchase is the sacrifice.  What?!  Am I completely nuts?  No, in fact I’m not!

Recover from these words, regain your composure and then continue reading my blog please.   It’s okay… you can do it.

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Oct 2 2012

Quit gifting your financial freedom to the government

Financial freedomWhat if I told you that there is a legal way to pay less tax every year?  What if I told you that there was also a way to retire earlier and with more money than you would have if you continued down the path you’re on right now?  Would you take advantage of this?  Of course you would!  Well then keep reading and let’s get started…

Almost every individual has a tough time saving.  In fact, almost half of all individuals are living paycheck to paycheck… and sadly, this includes thousands of people making $100,000+ salaries!  Terrifying!

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Sep 24 2012

Want to Achieve Financial Freedom? Stop Spending So Damn Much!

Saving moneyOver the past several months I’ve had dozens of discussions with family, friends and colleagues surrounding various topics related to investing in order to achieve financial freedom.  These discussions have blurred a number of different topics – What are the best investments?  What exactly is financial freedom?  How do I approach an opportunity?  How do I get over my fears?  And the list goes on.

Today I’d like to cover one of the most important topics to achieving financial freedom.  This topic in particular revealed both significant discomfort and resistance from the majority of my colleagues during our conversations – saving for financial freedom!

Saving for financial freedom isn’t a new concept.  It’s not even a complicated one, it’s simple, spend less than you earn and save the rest; optimally save as much as you can.  After all, if you aren’t capable of saving, you won’t have very much money to invest towards achieving your financial freedom!  Ironically, in almost every instance where the topic was brought up, the reactionary comment was something along the lines of “I can’t save any more money; I’m already barely getting by!”

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Jun 8 2012

Real estate investing is based on facts, not emotions!

All of our investments go through a vigorous multi-step process including ensuring that our properties meet all of our crtieria, including the following main ones:

  • Cashflow positive even after contingencies (vacancy and repair allowance)
  • Can deal with mortgage rate fluctuation and a degree of risk
  • Attracts and maintains lower risk, lower maintenance tenants
Apr 17 2012

OREIO Event Recap: Don R. Campbell, President of REIN

Ontario Real Estate Investors Organization (OREIO)Last night, my business partner Reid and I attended the Ontario Real Estate Investors Organization (OREIO) monthly event at the Travelodge Hotel on Carling in Ottawa.  This month I was very excited, because this month the presenter was one of my mentors and educators and the catalyst which brought me out of the phase that many investors get into known as “analysis paralysis”.  The presenter was none other than Don Campbell himself!

For those of you who don’t know Don Campbell, he is one of Canada’s most experienced real estate investors.  He wasn’t born into riches, didn’t have a silver spoon, he started when he was working at a customer service desk at Sears and worked his way to where he is today, one accomplishment at a time.  It wasn’t an easy ride, there’s no such thing as easy money, but he worked through the challenges as he faced them and any real estate investor can save themselves thousands or even millions in mistakes learning from his experience.  He is a realist at heart, and isn’t afraid to share both the successes and challenges he’s been through.

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