http://www.safebridgefinancial.com/blog Fri, 22 Aug 2008 15:58:24 +0000 http://backend.userland.com/rss092 en In my last post, I discussed my perspective of whether to pay down your mortgage sooner with your extra cash flow, or whether to invest that money in the market. In this post, I thought I would share an alternative reason as to why I choose to invest in my RSP's with extra cash flow rather then ... http://www.safebridgefinancial.com/blog/2008/08/22/should-i-pay-down-my-mortgage-or-invest-in-the-market-part-2-of-2/ One question I deal with on a regular basis is "Should I pay down my mortgage with excess cash flow or invest that money into the market?" There are definitely different schools of thoughts on this topic, so I thought I'd share my personal perspective. With the cost of borrowing being ... http://www.safebridgefinancial.com/blog/2008/08/21/should-i-pay-down-my-mortgage-or-invest-in-the-market-part-1-of-2/ It makes my life much easier to find a qreat video to post, and this one is no exception. David Bach was recently interviewed on The Today Show and discussed common financial mistakes that many couples make. Although this is an American based talk show, the information he provides can be tremendously ... http://www.safebridgefinancial.com/blog/2008/08/12/mistakes-couples-often-make-video/ I came across this short video on YouTube talking about how much and what type of life insurance may make sense for you and your family. What was very interesting was how much this reporter recommended each family consider insuring themselves for. The key he says is that there is no ... http://www.safebridgefinancial.com/blog/2008/08/11/inadequate-life-insurance-leaves-spouse-with-less-video/ The U.S. credit crisis is well under way, and two of the biggest names in asset backed securities are Fannie Mae and Freddie Mac. When these two institutions make the news because of their risk of insolvency, there is no question that they spark some interest and in turn, some fears. ... http://www.safebridgefinancial.com/blog/2008/07/24/whats-happening-with-fannie-mae-and-freddie-mac/ It's not news for most that some banks in the US are running into severe financial difficulties. What may be news however is that the CIBC may be on the brink of financial insolvency themselves. Earlier this week, Dundee Capital Markets released a report explaining how CIBC could actually become insolvent. After all, many ... http://www.safebridgefinancial.com/blog/2008/07/18/is-your-money-at-risk-if-your-bank-goes-for-broke/ Earlier this week, the Department of Finance announced that they were going to put a halt on 40 year mortgages and 100% financing. As is usually the case with a decision of this nature, many are wondering whether this will be a good or bad thing for both the end user ... http://www.safebridgefinancial.com/blog/2008/07/11/40-year-mortgages-and-100-financing-no-more/ No doubt you have read or heard that the TSX tumbled 500 points last week and started this week off tumbling yet another 300 points as of the end of day today. There is no doubt that these times can be a little scary or overwhelming for anyone with money in ... http://www.safebridgefinancial.com/blog/2008/07/07/what-is-happening-to-our-economy/ Diversification is one of those "hot button" words that we hear so much about in times like these, but it may just happen to be one idea that is worth understanding. The word diversification is defined by www.investopedia.com as "A risk management technique that mixes a wide variety of investments within ... http://www.safebridgefinancial.com/blog/2008/06/26/diversify-diversify-diversify/ Many of us think of our "thrifty friends" as cheap or self pleasing. Maybe they are the smart ones though. I know that I used to have a very negative view of those people I would call thrifty, but I'm starting to think they knew something I didn't. Of course it ... http://www.safebridgefinancial.com/blog/2008/06/23/being-thrifty-is-cool-again-or-is-it/