We invest our money with a goal make more money. The ‘why’ of investing isn’t complicated, but the ‘how’ is far trickier. Whether you’re looking into stocks and bonds, dabbling in cryptocurrency or seeking newfound opportunities in real estate with barrier-busting platforms like addy, you should know what you’re doing. With that in mind, let’s […]
Category Archives: Resources
22
Mar
Mar
In the quest for financial freedom and independence, taking active income and putting it towards means to make passive income is essential. While there are three main types of income in active, passive and portfolio, it’s the first two that are particularly important to understand. Let’s take a look at the key differences between active […]
21
Mar
Mar
For a long time, the only way to invest in real estate was to physically buy property either by yourself, with a partner or as part of a company. Times have changed, however, and a variety of platforms are offering opportunities in real estate investing online with little work involved. addy strives to break down […]
18
Mar
Mar
The possibility of property ownership for many Canadians seems increasingly unlikely, with daunting prices, fierce bidding and a scarcity of available options. However, not all hope is lost, as fractional ownership offers an accessible and affordable means to still achieve the dream of property ownership and the chance to potentially earn passive income. Here’s how […]
16
Mar
Mar
When it comes to portfolio diversification, it may not be enough to simply invest in different kinds of stocks. Adding real estate to a portfolio provides a decidedly different investment opportunity, with its own unique benefits and drawbacks. High demand, low supply and ever-increasing prices means it’s difficult to invest in property on one’s own. […]
16
Mar
Mar
Income can arrive in your bank account or wallet in a few different ways. That’s because in addition to working hard for your money, you can also make your money work hard for you. Income in general falls into one of three different categories, and understanding how they each work can help unlock new ways […]
15
Mar
Mar
One of the more common ways to analyze the profitability of an investment is with a metric known as IRR. Internal Rate of Return is a useful forecasting tool and a means to guide courses of action. It’s also a metric that addy features prominently in just about every available property. We’ll take a look […]
14
Mar
Mar
Investing in real estate may help diversify a portfolio, open up new streams of income and provide you with a long term property to live in or rent out. However, this asset class takes plenty of work and preparation to unlock, especially compared to say stocks, which you can buy and sell with ease across […]
14
Mar
Mar
One of the most commonly used metrics to assess a transaction is ROI: return on investment. It’s a key figure often analyzed when making any kind of financial decision as well as reflecting on the success or failure of an investment. It’s also a powerful number that addy uses in a forecasted timetable for an […]
11
Mar
Mar
Navigating the world of investing can be tricky, especially for those just starting out on their journey of financial independence. The basic tenets of investing dictate diversification, but how that exactly pans out requires more understanding and even some practice. We recently took a look at one such investment strategy in Modern Portfolio Theory. Now, […]