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Update, I skimmed down to this: We have a house in West Seattle on a lease/option where the tenants were the original owners, but who were facing a foreclosure and wanted to keep their house. Our mortgage guy brought the deal with us, and he is the type to try and structure win/win...

More Canadian perspective: Housing market warning 'Could be softening': Royal hints at peak as CMHC OKs 30-year mortgages http://www.canada.com/nationalpost/financialpost/story.html?id=b593f02e-7bc1-4c5e-9356-873023d2d589 Royal Bank is one of Canada's big national banks, the more...

I'll give it a read. I just started, and this gem jumped out at me: "I've not entered anything in Quickbooks for 6 weeks or so. Fortunately, my wife is great when it comes to bill paying, so none of our 10 mortgages are ever late." 10 frigging mortgages??!!! If the housing market and/or...

Let me guess, you watched Squeezeplay today? :)

Thanks for posting this, I particularly enjoyed it because of the PR spin to it.

Yes, your thinking is correct. Holding foreign investments in another currency also exposes you to forex risk. For example, Canadians buying and holding US investments during 2005 probably wouldn't have done very well due to the appreciation of the Canadian dollar vs. the US dollar.

This is a good point, and something that I've thought about a bit. I suppose my point is that some of these people may not necessarily be selling and then buying again, they may just be selling and then using the funds to pay for living/healthcare expenses. It's also going to be interesting...

I'm actually kind of curious at this point to find out if you have ever taken any economics classes? There are many aspects of economics that are quite solid, the concept of supply vs. demand as a determinant of price being the first thing that comes to mind. In fact, this concept directly...

Any thoughts on what sorts of things will likely happen as the population ages? I can't quote specific stats, but my understanding is that populations in both Canada and the US are starting to have higher proportions of older individuals than. The effects of this will probably take about 5-15...

I'm not particularly concerned about foreign ownership, but I do believe that growing personal and government debt in the US are eventually going to cause some serious problems. There are many, many people that are getting themselves way over their heads in debt.

It seems to me like you are splitting up your funds for the purpose of diversification. While that isn't necessarily a bad thing with larger amounts of money, I think you'll find that commissions will kill you if you are only trading $1K or so per stock (unless you have a very, very cheap...

Don't forget futures.

This kind of reminds me of a quote from Bill Bonner and Addison Wiggin's "Empire of Debt": Yahoo!: What you yell after selling your tech stocks to some poor sucker for more than you paid for them. ...only replace "tech stocks" with "house".

Wonderful, another month of negative savings. I often wonder what exactly these people are thinking. I'm a uni student myself, so I'm familiar with being in debt, but mine is actually quite reasonable. Why? Because I've worked my butt off to put myself through school, paying as I go. First...

My personal favorites are the quotes that I'm seeing from mortgage brokers and real estate agents in the local papers. Seems like whenever there are some new housing stats, there is a quote from a real estate agent (or an association of them) stating that housing is going to continue booming in...

I have to say that buying a used computer generally makes very little sense. Part of it is reliability, and part of it has to do with just how cheap computers have become. My point is that if you can stretch a little you can have a very low cost PC put together for you, new, with warranty. If...

On this note, one of the Canadian national newspapers commented last summer on the explosion of the quantity of mortgage brokers in Canada. I forget the exact numbers, so I won't try to quote, but the quantity of mortgage brokers right now compared to mortgage brokers 5-10 years ago was a huge...

I think that 10K is a pretty good target, though you can frankly start trading with a couple of thousand bucks - only commissions will drive you nuts hehe.

Very interesting report, particularly the affordability stats (median prices divided by median income). I'm a bit suprised by the median home price in my hometown, since my impression is that houses are a fair bit more expensive than the report lists. The median income for my area was also...