Wealth

Market Update: See How a Strong 2019 Performance Impacted Your Portfolio

US and Canadian stock indices closed the year with double digit returns in 2019 as global equities had their best year in a decade.  Here’s how this and other market trends affected your portfolio: Performance[block]0[/block] ETF Portfolios December performance 1-Year performance ETF Safety Portfolio 0.31% 8.13% ETF Conservative Portfolio 0.50% 11.37% ETF Balanced Portfolio 0.49% […]

Stock

Comments on December Existing Home Sales

Earlier: NAR: Existing-Home Sales Increased to 5.54 million in December A few key points: 1) Existing home sales were up 10.8% year-over-year (YoY) in December. This was the sixth consecutive month with a YoY increase – following 16 consecutive months with a YoY decrease in sales. 2) Inventory is very low, and was down 8.5% […]

Stock

NAR: Existing-Home Sales Increased to 5.54 million in December

From the NAR: Existing-Home Sales Climb 3.6% in December Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth last month. Total existing-home sales, completed transactions that include single-family homes, […]

Real Estate

How Buyers Can Win By Downsizing in 2020

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at […]

Tax

The Disunited Kingdom

As The National newspaper has reported this morning (but which you will hardly find mentioned in the English press): All three devolved parliaments in the UK have rejected the UK Government’s EU Withdrawal Bill. The Welsh Assembly last night joined Holyrood and Stormont in knocking back the proposal. They added: Nicola Sturgeon warned that if Boris Johnson’s Government ignored the […]

Tax

Whither the middle ground?

It was interesting to hear a Conservative lobbyist discussing the new political landscape yesterday. If I might summarise his argument it was “Since none of you tax justice advocates in this room probably voted Tory, and you don’t think like the Tories do, why should they listen to you?” The message was pretty clear: start […]

Real Estate

How to Sell Your House in 2020

So, you’ve evaluated your finances, thought about your lifestyle and made the big decision to sell your home. Maybe you’re downsizing because the kids have finally left the nest, or you’ve gotten a job in a new city and need to relocate, or maybe you’ve just retired and want to head south to warmer climates. […]