During the last boom Calgary was one of the hottest markets in Canada. Combining a global real estate bubble with a commodities surge, Calgary, the home to Canada’s oil sector, was well positioned to benefit.
Things have been cooling off in the last 18 months, or so, so I decided to take a look at the [...]
Entries from January 2009
Calgary Real Estate and the Recession
January 15th, 2009 · No Comments
Tags: Economics · Real Estate
Online Profits Lottery
January 15th, 2009 · No Comments
I am not a professional blogger and I am not in this to make money. My blog is really a journal where I write about things I learn, have learnt in the past, and other items that just pique my interest.
Today I came across something that did pique my interest – a Web Company that [...]
Tags: Contests
Nortel is Bankrupt
January 14th, 2009 · 2 Comments
Nortel was once the crown jewel on the Toronto Stock Exchange. At one point Nortel alone accounted for 35% of the entire composite index. Today the weeping giant, Nortel, announced that they have filed for bankruptcy protection. You can see the announcement on their website.
Trading on the TSX has been halted, and according to Andrew Wahl [...]
Tags: Trades
The Big Insurance Scam
January 9th, 2009 · 3 Comments
Just about everybody seems to be frustrated with insurance. High premiums, large deductables, and coverage that never seems to match what we end up needing.
By and large, however, the insurance industry works as it should.
The premiums are based on risk and coverage. An 18 year old male insuring a Ferrari is going to cost.. alot. [...]
Tags: Economics
Avoiding the Credit Trap
January 6th, 2009 · 4 Comments
Yesterday I told the story of Joe, an unfortunate victim who got caught in the jaws of the credit trap. Joe made liberal use of his credit to buy all the things he never wanted. Then watched as it spiraled out of control.
To be fair cheap credit can be a great thing. It is the [...]



