Wednesday 19 April 2017

HOW THE RICH USE THEIR HOME EQUITY TO BUILD LONG-TERM WEALTH

One of the secrets of the rich is that they habitually look for ways to increase good debt and eliminate bad debt. Good debt is used to make an investment that appreciates in value and puts cash in your pocket, while bad debt is used to buy a “doodad” that depreciates. Your mortgage is an example of good debt because it helped you purchase a house that will rise in value over the long term. Now, why not consider using the equity you’ve built up in your home to create even more value?
For example, refinancing your mortgage to invest in revenue property can provide a variety of unique wealth building advantages. Read More.


Originally Published at www.referralmortgages.com

Construction Industry and Management Jobs Equal Big Business, in a Small World

The construction industry is big in Canada; it represents billions of dollars to the economy and employs thousands of people in multiple sectors. However large it is though, it definitely fits in the “small world” category when it comes to who works where and what kind of projects they’re working on. While there are a multitude of sectors out there, there’s only a few companies specific to each one making it certain that everyone knows everyone. That’s why it’s important to think long-term and keep up good relations with all construction employers past and present. Read More.
Originally published at www.harbingernetwork.ca