Entries by Mike Erickson

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Things to Think About When Purchasing a Home

In the competitive market we face today, purchasing a home can be a daunting task. There are a few things to be aware of that can help make it a little less daunting.  The First Time Home Buyers Plan and some new advantages that were recently introduced by the Provincial Government help soften the blow. […]

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Vancouver Real Estate vs Stock Market

Would you be surprised to learn that the stock market has out performed real estate in Vancouver over the last decade? According to the MLS Home Price Index , which began collecting data 11 years ago, real estate prices throughout the greater Vancouver area have grown on average from 100bps in January 2005 to 187.75bps […]

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Will Generation Y Ever Retire?

For most Millennials, the thought of retirement can seem like light years away.  While a lot can and will happen between now and then, ignoring it or putting a plan on the back burner is a major mistake.  In a constantly evolving society, Generation Y faces unique challenges compared to those faced by previous generations. […]

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To Split or Not to Split

To Split or not to Split…That is the question. Income Splitting Strategies                         So what is Income Splitting, and who is eligible to quality for the benefit? Income Splitting is a way for families to split up their income so that if one spouse earns more than the other, the higher-earning spouse can allocate some of […]

Get PAID while you wait. The Power of Dividends.

The way we look at it, if you’re going to own something you might as well get paid for owning it. The more things in life that can produce cash flow, the closer you will be to subsidizing your income as we prepare for retirement. Take real estate for example – you own a piece […]

Superhero or Superhuman?

Unfortunately, unlike many of our childhood heroes, we aren’t invincible… we can’t all be Superman or Batman, yet we still pretend like we are. The thought of an injury is the last thing that’s on our mind; yet we still have no problem helping a friend move, playing sports on the weekend, or doing chores […]