Legit ways to help the people in Fort Mac
May04

Legit ways to help the people in Fort Mac

This does not appear to be just a fire, from the pictures that I have seen it’s an inferno of mass destruction. What a devastating day for Fort McMurray. 83,000 people have been evacuated and so far only 53,000 people have been accounted for. My heart goes out the people of Ft. Mac that have been displaced. So far it appears that there has been no loss of life. Kudos to the emergency teams and first responders. With every major...

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The Secret Formula – Dividend Payout Ratio
Nov22

The Secret Formula – Dividend Payout Ratio

J/k there really is no secret formula but it sure makes for a more interesting headline (Click bait anyone?). So, how do you calculate the dividend payout ratio of a company? Easy, Take the current dividend payout and divide it by the current earnings per share. This will give you the Dividend Payout Ratio. Dividend per share/Earnings per share = Dividend Payout Ratio This should be fairly obvious for most people. But I will try to...

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iPhone 6s – Prince Oseph 419 Scam
Oct27

iPhone 6s – Prince Oseph 419 Scam

Does somebody want to transfer millions of dollars into your account? Did you meet a new person on a dating site who’s asking you for money? Did you get an email from Price Osef promising you many of millions of currency? If it sounds to good to be true – well you know the rest. For those of you who would like a good laugh check out 419eater.com a website dedicated to scamming the scammers. Warning don’t click the...

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Minecraft billionaire complains about being rich – WTF?!?
Sep02

Minecraft billionaire complains about being rich – WTF?!?

Please, this must be the epitome of a “first world problem”… I think it’s time for this guy to create himself a new life. Start a new business, invent something, start a charity or give back to the gaming community that so graciously helped him start minecraft. With financing out of the way, there are endless possibilities. Man up and make it happen Markus. Now if I was filthy rich, instead of just...

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Is there a problem with foreigners buying houses in Vancouver?
Jun08

Is there a problem with foreigners buying houses in Vancouver?

From my understanding there is a real issue with “non-used” homes. This includes homes that are new and resale homes that are being purely held for speculation. The most recent stats on family income in Vancouver suggest that the average house is no longer affordable for the majority of people who work and would like to live in the city. For Canada as a whole, median pre-tax family income was $74,540, measured in constant...

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Warren Buffett – Business Advice
Jun07

Warren Buffett – Business Advice

Some of the best business advice can be found in the annual letters written by Buffett and Charlie Munger for the shareholders of Berkshire Hathaway. These letters don’t receive nearly the attention that they deserve. The 2014 letter might be the most important of all as it is really four letters in one. The first part is the usual look at Berkshire’s performance in 2014. Second, the acknowledgement of the 50th anniversary of...

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Enbridge & Tim Hortons – #BoycottTims #FirstWorldProblem
Jun06

Enbridge & Tim Hortons – #BoycottTims #FirstWorldProblem

There might be a larger issue with the amount of Tim Horton’s trash that you will find blowing across parking lots, parks, trails, lakes and rivers and of course on the side of almost every road and major highway. I wonder if all these empty Timmies cups were thoughtlessly left behind by the same people who are opposed to the Enbridge adverts. Or maybe all the trash is just a clever way for Tim Horton’s to maximize their...

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Real estate woes: The secret lives of house poor Canadians
Jun05

Real estate woes: The secret lives of house poor Canadians

At the end of the day it is simple supply and demand. It seems that most people are only concerned with the monthly payment and not the actual price of their new car or house. This is especially of concern when interest rates are low as it gives a false impression that these larger ticket items are more affordable. Just a friendly reminder to everyone out there that granite and stainless steel appliances are not “must...

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