• in Investments

    INTEREST RATES, THE GOVERNMENT & YOU!

    Bank of Canada interest rates rising is unlikely this fall! Wednesday October 25th Canadians will find out if Stephen Poloz will rise the Bank of Canada’s prime rate for a third time in 2017.  The prospect is real but the likelihood, according to chief economist at CIBC Capital Markets Avery Shenfeld, is low because the...
  • in Investments

    I NEED TO RENOVATE MY HOME WITH MY EQUITY

    Why not use your own money to renovate your home? If you need to renovate your home but your credit is bad or you work for yourself; you can still use the money you have accumulated in the value of your home.  The bank might say no but LM Financial will always say yes.  It...
  • in Investments

    USING YOUR EQUITY TO PAY FOR EDUCATION

    You can use equity in your home to pay for your kid’s education. The equity in your home is your money and you can use it for whatever you need.  You must borrow this money to get access though; and if you have bad credit that is hard to do.  If you have savings set...
  • in Investments

    10 FACTS ABOUT FINANCE

    Finance fact number 4 Keeping track of what you spend daily is important in order to build a detailed picture of where you are financially.  This is a skill set that needs to be exercised and diligently applied to what you do personally and for business.  It makes it easier to see where your habits,...
  • in Investments

    PREPARING FOR RISING INTEREST RATES AND DEBT!

    How will rising interest rates affect Canadians with major consumer debt? As the Bank of Canada raises interest rates and mortgage payments get higher for Canadians, consumer debt will become more of an issue.  Let’s consider a family with high credit card debt, other expenses like a new car and or some recent purchases for...
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