hardcorevalue

Yes, I am the same. I want to buy a house but they are wayyyy too expensive and I can't get over the fact that after the 5 year fixed term you have no idea what your mortgage payment will be. I'm 28 and a lot of my friends in Toronto have started buying real estate (particularly condos). I ask them what happens if interest rates double in 5 years and they have no answer what so ever. It's like they haven't even thought about it. Boggles my mind. I guess I'm stuck in the rental market for eternity! But I'm happy to save the difference and compound it at a good rate :)

Thanks Hielko, I really need a new suggestion on a broker. As a Canadian we have limited access. IB Canada doesn't even have access to South American markets either.

How are you guys buying in athens? I looked at opening an account with interactive brokers canada and Greece isn't one of the countries available to trade in. https://www.interactivebrokers.com/en/index.php?f=exchanges&p=europe I emailed and they confirmed greece isn't available. Perhaps this is just a Canadian problem. Any ideas?

I think this was premiered at Bob Miles conference in Omaha in May 2013.

+1

congrats packer! hopefully see you again next year at the FFH meeting. Cheers!

15%, less than I like but Bernanke is forcing my hand to a degree. High debt loads and printing presses are a scary combination. :-[

This reviewer on Yelp summed up Second Cup's problem pretty well I think: "I like Second Cup flavored coffees. But you get a mixed bag in terms of stores with Second Cup. Being all franchise run, some owners maintain their places but most have pretty scary bathrooms. Starbucks has fewer surprises and a more uniform presentation. But then their coffee costs more." In addition to Second Cup's tired looking stores, I've also heard a fair amount of complaints about the quality of the coffee. Management doesn't seem really concerned about it either. Stacey Mowbray (CEO) only has $170k in stock. Her salary has doubled in the past 3 years while operating income has fallen by a third. :| Paul Phelan owns 12% of the shares. There was an in-depth globe article in 2003 about him the inheritance issues involving Cara Operation. http://www.theglobeandmail.com/report-on-business/the-fight-for-caras-soul/article1167819/?page=all I've attached his shareholding history as well. (no major moves in the past 3 quarters). Seems like a tough industry. Cheers, HCV. PS. I'm a long time lurker and a huge fan, I've learned so much from this board and its members. Thanks.