Welcome to The MapleMoney Show, the podcast that helps Canadians improve their personal finances to create lasting financial freedom. I’m your host, Tom Drake, the founder of MapleMoney, where I’ve been writing about all things related to personal finance since 2009. Most investors see bonds as a safe place to put their money, but according to my guest this week, ...

As a whole, American real estate is some of the cheapest developed country real estate in the world. When you add on how much money you can make in America thanks to the proliferation of world-class companies, American real estate becomes an even better bargain. Below is The Economist’s real house price index. Notice how cheap the United States is ...

It’s a strange new world amid the COVID-19 pandemic, and just about every aspect of life has changed in some way. Millions of Americans are telecommuting and learning from home, cloth face masks have become commonplace, and the travel industry has been crippled. The Transportation Security Administration reported up to a 96% decline in travel in April 2020 over the same time in 2019. Travel ...

Gold. It’s amazing the power it holds on our society. The California gold rush in the late 1840s and early 1850s has been the stuff of lore (if you have a chance to read about it, it’s fascinating). Even today, you can turn on Discovery Channel and watch a show about guys in Alaska mining for gold (I’ve taken a ...

A self-employed 401k plan is a great way to save for retirement if you are an entrepreneur or solopreneur. A self-employed 401k plan is also know as a Solo 401k plan. This article will discuss how much you can contribute to your self-employed 401k plan. For 2020, the IRS says you can contribute up to $57,000 in your self-employed 401k ...

I’m pleased to say my family just took a vacation during a pandemic and survived. With two young children, it wasn’t exactly a relaxing vacation. It was more like a trip or a business writing retreat. Regardless of what you want to call our trip, I wanted to share some feedback. When the lockdown began in March 2020, I made ...

The housing market is in a tricky situation given massive unemployment, continued shelter-in-place, the coronavirus, and tremendous uncertainty. However, after a massive 44% month-over-month rebound in U.S. pending home sales in May and another strong 9.6% rebound in September, the U.S. housing market is stronger than ever! Here are my housing predictions for 2021. Overall, I believe the housing market ...

According to data from the National Retail Federation, the average American consumer spent $659 on holiday gifts in 2019. That’s approximately 2% of the U.S. median personal income, according to data from the Federal Reserve Bank of St. Louis — no small chunk of change. For most Americans, completely doing away with the annual holiday gift-giving ritual simply isn’t realistic. At ...

Babies, toddlers, and many preschoolers don’t yet have firm opinions on what they want to be for Halloween. But parents still enjoy dressing them up so their little ones can have a special holiday too. Plus, there’s no beating the photo op when it comes to babies dressed in adorable outfits. And while you could buy them something from the ...

Most people believe in meritocracy. If you work harder than your peers, you should get more reward. But as we all know, none of us are born with the same circumstances. For example, it may be harder for a poor kid from a single-parent household to compete against a rich kid with two parents and endless resources. Given this uneven ...

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