Toronto Stock Exchange: Canada’s Next 150

August 9, 2017 Jelani Smith 0

Celebrating Canada’s 150th year, the Toronto Stock Exchange (TMX Group) launched a unique marketing campaign – showcasing the new generation of talented, dynamic and ambitious Canadians. Canada’s Next 150 aims to shine a spotlight on entrepreneurs, from high school students to entrepreneurs in their early 40s. These entrepreneurs are the future leaders of tomorrow, within Canada and globally. The nominees […]

Is the Toronto Real Estate Market Really Crashing?

July 27, 2017 Jelani Smith 0

Toronto’s Real Estate market conditions changed drastically after the implementation of new government policies, back in April 2017. Kathleen Wynne’s main objective was to cool the Toronto-area real estate market with the Ontario Fair Housing Plan. It appears that Wynne has met her goal of ‘cooling’ the market. As indicated in the latest TREB Market Watch, sales declined 37.3% YoY […]

Robo-Advisors: Investing Shortcut for Millennials

June 24, 2017 Jelani Smith 1

One of the most common personal finance related questions I get is “how do I start investing?” When you think of investing, you may think of stock trading, equity research, and portfolio monitoring. It can be time consuming, especially when you have a full time job and/or studying in school. The solution to this is robo advisors – my favourite […]

Toronto Real Estate: Will Prices Drop Further?

June 18, 2017 Jelani Smith 0

Since the implementation of the Ontario Fair Housing Plan, Toronto real estate shifted, with year over year listings spiking 48.9% in May 2017. Home sales declined 20.3% and the Canadian Real Estate Association (CREA) to cut their forecast for Ontario. The average price dropped 6.1% from April to May, mostly a result of many buyers staying on the sidelines to […]

7 Things Millennials Should Know About Real Estate

June 7, 2017 Jelani Smith 0

On May 23rd, Jessica Moorehouse hosted the second bi-annual Millennial Money Meetup, an event where millennials have the opportunity to learn from panelists in respect to a specific personal finance topic. For the second Millennial Money Meetup – the panel discussion was in regards to real estate (specifically within the Toronto area). The Panelists There were four panelists (including myself) […]

First Time Home Buyer at the Age of 22: How I Did It

May 23, 2017 Jelani Smith 9

During August 2015, I was driving through West Hill, a community in Toronto’s east end. I came across the former Toronto District School Board (TDSB) site of Heron Park Jr. Public School – which had been closed down and went up for sale. Amid Toronto’s rising real estate prices, TDSB has sold some of their properties, turning schools into residential […]

Meet the 30 Year Old Who Burned His Mortgage In 3 Years

May 19, 2017 Jelani Smith 0

Sean Cooper is an ambitious millennial who waved goodbye to his mortgage documents in 3 years and 2 months – something that is not a common financial achievement these days. From early on, Cooper developed good financial habits, worked multiple part time jobs throughout university, and graduated university debt free – with a networth of $70,000. In 2012, Cooper purchased […]

How I Made over 300% on an Apple Option

May 3, 2017 Jelani Smith 0

It wasn’t until I enrolled into a Derivatives course in university, where I gained a huge interest and understanding for options. Half way through this course, I opted for options trading within my TFSA account. Depending on your trading brokerage, you typically have to do an application in order to opt in for options trading. This application usually consists of […]

Ontario’s Fair Housing Plan: 16 New Measures

April 20, 2017 Jelani Smith 0

In response to the hot Toronto real estate market, Ontario government introduced 16 new measures within the Fair Housing Plan. These new measures are expected to address the issue of demand, and supply for real estate markets within the Greater Golden Horseshoe (GGH). Record breaking prices had government officials and economists concerned about the sustainability of the housing markets. The […]

Hot Toronto Real Estate Market: What Will the Governments Do?

April 19, 2017 Jelani Smith 0

As Toronto-area home prices continue to hit fresh records, governments are under pressure to look into measures in order to cool the housing markets. Three levels of government, Mayor John Tory, Ontario Finance Minister, Charles Sousa, and Federal Finance Minister, Bill Morneau agreed to not introduce any measures that would increase demand for Toronto Real Estate. As of March 2017, […]