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When should you sell an asset?
When should you sell an asset? We constantly discuss the importance of acquiring cashflowing assets in today’s crazy Canadian economy, but one question that we get asked all the time is “when should you sell an asset?” The answer: NEVER!!! Ok, maybe not never, but...
The Build-to-Rent Strategy for Canadians
With a lack of housing supply and a growing population, the build-to-rent strategy (BTR) is a strategy that real estate investors should consider right here in Canada. There are so many methods to making money in real estate here in Canada. You could buy and flip,...
3 Books That Changed Our Lives
3 Books That Changed Our Lives If you’ve taken our Rules of Wealth Masterclass, you would have seen that one of the 7 major commonalities of wealthy people is that wealthy people are avid readers. They are always willing to learn. Warren Buffett estimates that he...
Your Job Is Your Golden Handcuffs
Most of you reading this are probably frustrated with your current life situation. Frustrated with your job, frustrated with your bills, and frustrated with the whole rat race. Our whole purpose in life has been trying to get out of the rat race and share our story...
Why You Need To Think Long Term
The single best advice I could give someone that is looking to get out of the rat race is to think long term. The average Canadian seems to have this false idea that the only way to get out of the rat race of their job is to hit a home run. An investment that makes...
Why Canadians NEED Cashflow In Their Lives
Why Canadians NEED income (cashflow) in their lives… With asset inflation, stagnant wages, and rapid technological advancements, there is more evidence than ever to support the notion that Canadians need cashflow in their lives. As everyday passes, the poor and...
5 Characteristics of Investing with Certainty
No investment comes without some risk and 100% certainty. However, people like Warren Buffett, Charlie Munger, and their idol Benjamin Graham, have adopted a strategy known as “Value Investing.” This “value investing” strategy allows them to be near certain of their...
Step Out of Your Comfort Zone
Stepping out of your comfort zone is not easy. But in many cases, you need to do it to accomplish things. This week, I was forced to step out of my comfort zone. The feeling was brutal, but the results were perfect. Between Vince & I, I am the more shy, timid one....
The Most Important Skill to Possess in your Business
We like to think of ourselves as the cashflow guys. But sometimes, you really need to work on your mindset to build cashflow. We can tell you all the greatest strategies in the world to build cashflow (and we like to think we do in our Canadian Cashflownaire...
Wealth is what you don’t see
To quote Morgan Housel, “Wealth is what you don’t see”. Many average people struggle to understand what true wealth is. Have you ever seen someone drive by in a BMW and just assume that they must be wealthy? The funny thing is, there is a good chance that same person...