Instead, I used the money to top up my RRSP and TFSA then invested almost the entire amount in Canadian dividend stocks which now earn almost $1,100 a month. That goes a long way towards the $1,800 p/m I pay in rent I to live here. Two months ago the fridge in my apartment ...
The Case-Shiller Housing Index has stated that between 1928 and 2013, the average annualized rate of return for American housing was 3.7%. The average annual rate of return for American stocks was 9.5% during that time period. Canadian housing and stocks track much the same path. The National...