Common Fallacies of Real Estate Investing
Whatever you invest in, do your due diligence and research using multiple sources… or advisors, if you like people. You’d be surprised at the conflicting…
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June Standing- 4 Years in Alberta
Here I sit in a bar off Jasper Ave. in downtown Edmonton having a drink and little meal. I am spending this sunny Sunday afternoon…
Theory of Self-Employment
There is a lengthy list of potential business ideas. Some people are better than others at certain ones. You want to do something you’re good at. In…
Being a Victim and Slave of Time
This June marks the first month after 4 years in Alberta, upon leaving Vancouver as I threw all my belongings into my car. I’ve made many goals ever…
Tears of the Oilfield/Trades
Much of my time is spent alone, and it is not the rigours of oilfield and road construction work that gets me down, but the…
Incorporation as a Saving Grace
Lower taxes. Tax deferral. Personal income flexibility. The primary rationale to gain and reap the financial value of time, hence a further increase in earning power…
April Philosophy of an Oilfield Risk Taker
As the ominous prairie wind blows in a time of economic uncertainty, I cannot help but wonder about my present financial state. It was only…
Tax Write-off Implications on Real Estate Investing
Assuming a 30.5% marginal tax rate (the common one in Alberta for being between $45.9 – 91.8K/year), every $10000 write-off/loss results in 3050 savings. However,…
Employee and Norm-focused Societal Brainwashing
The most difficult battle in life is often not finding a job, becoming fit, buying a home, getting through school, finding love, and the other…
Remaining Competitive in Academia
When I was still an university student, there were many people much more academically inclined than myself. Many of these academic elites came from wealthy…