by Podbean | Feb 6, 2022 | Uncategorized
Many of us have a house (borrowed from the bank) or on the market looking to buy a house. Home-ownership is a Canadian dream. Given how strong the Canadian housing market is right now, many of us are willing to buy over-priced or extravagant houses. Once we won the...
by Podbean | Jan 30, 2022 | Uncategorized
Physicians in Canada were given the legal privilege to incorporate. It is a privilege indeed. It was decided so for many financial and estate planning reasons. Many have not incorporated. Do the drawbacks of incorporation outweigh the benefits? What is the long-term...
by Podbean | Jan 20, 2022 | Uncategorized
Since incorporation was allowed for physicians, many have taken the opportunity to do so. Many have not. While incorporation is not an answer to everyone’s situation, it is however a good tax planning solution for most. Those who have not incorporated for the...
by Podbean | Jan 9, 2022 | Uncategorized
The eight and last installment in the serie on Behavioral Finance. Sunk Cost bias or Gambler’s fallacy. This bias is something I am certain we all are victim of. You may not want to admit but you fall victim to this one as well. We are human and we act with...
by Podbean | Jan 1, 2022 | Uncategorized
The seventh installment in the serie on Behavioral Finance. Achieving Cheap at all cost. A race to the bottom is not the same as a race to find value. In fact, getting the cheapest you can find of everything is refusing to recognize opportunity cost. Beware of such...
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