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What is going on in the housing market? My thoughts.

The past year has seen an incredible run up in asset prices. Not to be left out, housing has sky rocketed in many cities. Why did this happen, and what is coming down the pipeline in the future?

Opportunity Cost and what could have been

Every decision we make comes with a cost. Not just the cost of the thing we acquire, but the cost of what could have been. Opportunity cost is the concept that there are alternatives to the decisions we make that have different outcomes. Being aware of opportunity cost is critical to sound decision making.

Challenging the goal of retiring with no mortgage

How many times have you heard advice to pay of your mortgage by the time you retire? That having a paid off house is setting you up for success in retirement? The argument would be that when you retire, your income reduces substantially such that paying a mortgage payment each month could impact your ability …

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Your financial “End Game” explained

To be financially successful over the long run, people need to make sacrifices in their lifestyle today to free up money for long term growth. Without a financial end game in mind ,these sacrifices are far less palatable. The financial End Game is the dream that makes the sacrifices worthwhile.

Why I use my credit card for everything!

Let’s start with a clear statement on consumer spending. If you can’t pay off your credit card every month with income from your salary after you have already contributed to investments, you are spending too much. Spending too much means you will carry a consumer debt balance on your credit card which will be very …

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