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Weekend Links – Oct 17, 2008

Going through the archives, about a year ago I wrote about preparing for a move.  I’m glad we’re not at that stage in our lives right now!

First Scotia Bank, now BMO predicts that Canada will enter into a recession.

Canadian Capitalist thinks that there might be an opportunity in real return bonds.

Canadian Mortgage Trends has a variable rate update.  If you haven’t heard already, most lenders have temporarily eliminated the discounted variable rate mortgage.

Get Rich Slowly has a great discussion with his readers about what it means to be rich?

The MoneyGardener contemplates using leverage in this down market.

Stock Trading To Go lists 25 essential bear market stock tips for investors.

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FT About the author: FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.

{ 5 comments… add one }
  • Avatar Blain Reinkensmeyer October 17, 2008, 11:13 am

    Thanks for the plug FT, appreciate the support! Have a great weekend and enjoy not moving like last year :P

  • Avatar moneygardener October 17, 2008, 11:57 am

    Thanks for the link FT!

  • Avatar Canadian Capitalist October 17, 2008, 12:28 pm

    Thanks for the mention FT. Have a nice weekend!

  • Avatar Sam Li October 19, 2008, 8:29 pm

    Just watched interview with Warren Buffet, he predicts that US economics will hit the bottom by second half of 2009. It was quite interesting to watch him he sounds very enthusiastic about the future of US economics.

  • Avatar Canadian Mortgage October 20, 2008, 3:54 am

    Appreciate the link FT. There’s still a couple of holdout lenders left with variable mortgages at prime rate…thank goodness.

    The market’s inflated rates are (hopefully) a short-term scenario. Credit spreads will inevitably come back down to earth, in which case we’ll see discounts to prime once again. It may take a while, or it may happen within a month or so. No one knows just yet…


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