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Finance

Finance

8 Conventional Mortgage Requirements for New Homebuyers

Yes, we all are aware the old adage: a home is the biggest purchasing decision you will ever make.

It is true, though, especially considering how the average home in Canada’s biggest cities are nearing $1 million. Interested in buying property? Well, you will need to qualify first for a mortgage – unless you invested in bitcoin a couple of years ago and yielded 20,000 percent return!Continue reading

Finance

7 Best Low Risk Investments for High Returns

The financial services sector is selling more products than ever before. Whether it is your local branch or a Wall Street investment house, you can access any number of investment vehicles and markets. There really is no excuse to not be exposed to a dividend stock, an exchange-traded fund, or even a GIC.

Of course, some people are so terrified of equities, real estate, and bullion that they prefer to just put their hard-earned loonies and toonies in a low interest savings account. That’s not the way to go, but can you invest without the risk?

Here are the seven best low risk investments for high returns:

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Finance

8 Pro Tips for Starting a Home Business with No Money

Starting a business with no money can be a daunting task. Many great business ideas remain unacted upon due to lack of money. For most people who wish to start a home business with no money, accessing capital is the greatest challenge. Yet, money must not be a caveat to starting a business. Home business, for instance, accounts for 50% of all companies according to the Small Business and Entrepreneurship Council.

A home business effectively cuts operational costs and is a good place to lay a formidable foundation for future expansion. If you have clarity in your vision and are confident the market is ripe for your idea, you can start a home business and join millions of others who have succeeded this way.

Check these 8 pro tips for starting a home business with no money:

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Finance

4 Common Requirements for Business Financing

Cash flow and business expansion are key to the success of your business. However, it is becoming increasingly harder to secure business financing as banks cut back on start-up loans, which are among the riskiest a bank can take on.

A lender just wants to know three things: the amount you need, how you plan to pay it back, and how they will recover it in case you fail to pay. To stand a better chance of getting financing for your business, you need to meet the following 4 Cs of business financing:

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Finance

5 Ways to Rebuild Your Credit Rating After Declaring Bankruptcy

Financial ups and downs are a part of life for the majority of people. There will be times in your life where you may be feeling pretty secure and able to cover all your expenses comfortably, then there can be those times where money is extremely tight and you end up falling further and further in debt. Whether from a loss of a job, an illness, unexpected expenses, or some other reason, you may even find yourself in the position of having to declare personal bankruptcy.Continue reading

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