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Will Trump Kill the Mortgage Interest Deduction?

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Wanderer

The Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of 33. He now travels the world, seeking out knowledge from other wealthy people, so that he can teach people how to become Financially Independent themselves.
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When I asked FIRECracker about today’s article, she responded by growling and jabbing at her Chautauqua UK speech, so today I’ll be filling in for her Monday post. As you all know, I’ve been keeping a pretty close eye on what the American politicians have been up to, not because I particularly care about US politics, but because there have been a lot of things happening that could potentially affect the FIRE community in potentially devastating ways. The most obvious one being Trump’s repeated attempts to repeal and replace Obamacare, attempts I’ve written about here, here, and here. And while this […]

Rent More. Own Less.

Wanderer
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Wanderer

The Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of 33. He now travels the world, seeking out knowledge from other wealthy people, so that he can teach people how to become Financially Independent themselves.
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FIRECracker was supposed to write today’s post, as she does every Monday, but since she’d been fiendishly working on her Chautauqua UK talk, coming up in August, I’ll be taking over today’s post completely of my own free will (and NOT because she totally bullied me into it). So without further ado, here goes: Have you ever noticed how certain people just have bad shit happen to them so much more often than other people? Financially, I mean, I’m not talking about health issues or something, but there’s always some people who just can’t seem to catch a lucky break […]

Your Thoughts on Government Intervention

FIRECracker
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FIRECracker

FIRECracker is Canada's youngest retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected home ownership. What resulted was a 7-figure portfolio, which has allowed her and her husband to retire at 31 and travel the world. Their story has been featured on CBC, the Huffington Post, CNBC, BNN, Business Insider, and Yahoo Finance. To date, it is the most shared story in CBC history and their viral video on CBC's On the Money has garnered 4.5 Million views.
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Last week, I wrote a post asking you Should the Government Mess with the Housing Market? If you’re a regular reader of this blog, you’ll know that I’m a huge proponent of  saving yourself. This is because I believe that solving problems yourself makes you stronger, not weaker. Having grown up under a totalitarian government in China, I learned that waiting around for the government to come save you is like waiting for an axe murder to cut you free after getting snagged on a tree branch. Yes, your immediate problem may get solved, but you may just end up getting […]

Should the Government Mess with the Housing Market?

FIRECracker
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FIRECracker

FIRECracker is Canada's youngest retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected home ownership. What resulted was a 7-figure portfolio, which has allowed her and her husband to retire at 31 and travel the world. Their story has been featured on CBC, the Huffington Post, CNBC, BNN, Business Insider, and Yahoo Finance. To date, it is the most shared story in CBC history and their viral video on CBC's On the Money has garnered 4.5 Million views.
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Carrie Bradshaw from Sex and the City once said: “Being beautiful is like having a rent-controlled apartment overlooking the park: completely unfair and usually bestowed upon those who deserve it least.” Well, clearly the Ontario Liberal government has been watching way too much of that particular 90’s trivia, and in a fit of jealous rage decided to announce this: Foreign buyers tax, expanded rent control coming to Ontario So for those who believe that bitching and whining to get the government to fix stuff is the best way to solve life’s problems, you win! The government FINALLY decided to take […]

Sean Cooper Guest Post: How I Paid Off My Mortgage In Just 3 years

FIRECracker
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FIRECracker

FIRECracker is Canada's youngest retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected home ownership. What resulted was a 7-figure portfolio, which has allowed her and her husband to retire at 31 and travel the world. Their story has been featured on CBC, the Huffington Post, CNBC, BNN, Business Insider, and Yahoo Finance. To date, it is the most shared story in CBC history and their viral video on CBC's On the Money has garnered 4.5 Million views.
FIRECracker
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In the spirit of  respecting opposing opinions and spot-lighting people who made it by buying real-estate, I’d like to present to you, fellow Torontonian and expert hustler, Sean Cooper. Sean first caught the attention of the media, by paying off his $255,000 mortgage in just 3 years by working 3 jobs and living frugally. Now he’s hard at work on his book “Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom”, coming to bookstore near you on March 1, 2017. Take it away, Sean! I rant non-stop about the unaffordability of housing in Toronto, but in your case, you […]

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