Money Metrics

18/05/2023

Anticipation is building as we wait for the inspector's approval at our commercial renovation. 🛠️ Today marks the final walk through, and we're hoping everything passes with flying colors, making way for not one, but TWO new businesses to open their doors next month! 🎉 After years of vacancy, it's truly exhilarating to witness the revival of this space and breathe new life into the building. 🏢✨

01/04/2023

New YouTube video now out.
https://www.youtube.com/watch?v=ridywUWudB4

22/03/2023

Kitchen delivery for our Penetanguishene project! Real estate is an amazing tool for financial freedom, but it all starts with getting your financial house in order. Contact us to start your journey towards financial freedom today! 💰🏡

07/03/2023

What would you do?

Steve want's to know if he should pay off debt or buy a condo he doesn't really like? Steve Writes:----------------------------------------Hello Money Metric...

04/03/2023

I had a great meeting with some fellow investors at in Vaughn yesterday. Keep tuned for an announcement about an investor's networking event at Earls in April, hosted by 7 talented investors who all operate in different markets.

14/02/2023

I wrote a book last year about how you can get started in real estate, starting with nothing. I've updated it this month to use today's market in the examples.

Real estate might seem impossible right now, but the truth is there are still tons of opportunities to make solid long term returns. You just need to know what to look for.

Reach out to me for a free copy, or to book a free call to discuss your goals.

06/02/2023

Check out our first ever youtube video! Make sure to subscribe so you see our content, and increase your financial awareness.

Hey this is Adrian from Money Metrics in our first video. This video is really meant to be an introduction to the channel, and what it will be about. Make s...

02/02/2023

Which view do you like more? Would you rather have your kitchen look out to the street or to the backyard?

01/02/2023

When you run a business, your presentation is important, not just in person but also online. The photo above is an example of that. The dish looks incredible in person, but a little faded in photos. When you go to make a post, take a bit of time to adjust the photo and make sure it pops the same way as it does in real life.

This goes for anything; food, real estate, products, etc. Make sure you're always putting your best foot forward.

27/01/2023

Even the strongest tools can bend if used for the wrong purpose. Successful people know what they are good at, and surround themselves with people who can fill the voids.

Find your strengths and build a team around them to lift eachother up.

26/01/2023

Another kitchen renovation underway. If you are thinking of inviting in real estate, there's a lot of different methods you can use. Send me a message if you want to have a chat about which method is right for you.

21/01/2023

Had a great time today at for the Hock Stars Christmas Party. (It was a tad delayed due to some poor weather at Christmas and scheduling) but the food was amazing, and we had some great conversations with the team.

Want to learn about the Hock Stars business/franchises or ask questions about starting a business? Feel free to reach out and I'll happily chat with you, and if you want I'll connect you with the Hock Stars corporate team.

14/01/2023

Debt can feel overwhelming, but the key to conquering it is to start small and stay consistent. Prioritize paying down high-interest debt first, and make sure to set a budget and stick to it. True financial freedom comes once you no longer have any debt.

19/12/2022

Having a side hustle is a great way to earn extra cash that can go towards paying off debt or starting to save and invest. If you find a side hustle that connects to your passions, hobbies or interests you can earn while doing something you enjoy.

17/12/2022

Who goes further, someone working alone, or someone who works with a team? When you work with others towards a common goal, you can move forward faster and lift each other up.

16/12/2022

Owning a home isn't for everyone, and depending on your situation, there may be better investments than the home you live in. Sometimes its better to buy if possible, other times its better to rent if possible.

15/12/2022

Housing is one of the largest single expenses we have, which makes choosing the right housing option one of the most important things you do. You should be spending no more than 30% of your take home income on housing expenses. If you are spending more you should look at how to downsize, or how to increase your earnings.

13/12/2022

Increasing your cash flow is one of the best ways to improve your financial status. By finding a side hustle with business growth potential you can both create a new income stream, and build up an asset that can be sold later.

13/12/2022

Having a 3 month emergency fund is the first step to financial freedom. Life happens, and without an emergency fund that covers your base living costs for 3 months, it is easy to find yourself underwater. In order to move ahead you fist need to ensure you have a stable footing.

11/12/2022

In Canada, we have a TFSA (tax free savings account) which can be contributed to each year. This account allows you to grow a portion of your investments tax free. This savings compound can make a big difference over 25 years.

09/12/2022

Do you consider gold and silver as an investment, or as a savings vehicle? While gold and silver have historically increased in value, the value increase is typically close to that of inflation.

09/12/2022

Are you saving 20% of your take home pay? In order to have financial freedom into retirement, experts say you should be putting at least 20% of your income towards savings and investments. To help with savings and to avoid lifestyle creep its helpful to have 20% of your pay automatically transferred into a separate investment account each month.

08/12/2022

Did you know that 91.4% of millionaires are self made? The FIRE movement is one of many ways you can make yourself part of that statistic. Live below your means, save your income, and invest it in a way to give yourself financial independence.

05/12/2022

Compounding growth is truly amazing. As an investor this allows your earnings to snowball the longer you are able to invest. On the flip side, it also applies to debt. Understanding how compounding interest works can help change your mindset when it comes to money.

03/12/2022

I might not agree with everything Dave says, but when it comes to getting your financial house in order, Dave Ramsey's teachings are key. Live like no one else, so you can live like no one else.

01/12/2022

There are two ways to earn and build wealth. One is actively, the other is passively. While passive income is the ultimate goal for many investors, passive income typically includes high risk or low rewards. Active income, however, can help a new investor with limited resources achieve quick growth. If you are just starting out it is best to focus on building active income streams that can later fund passive income opportunities.

01/12/2022

Recessions can be scary, but they also create huge opportunities for investors who are well prepared. On average recessions happen every 3.25 years. If you budget well, and work to build long term wealth, a recession can lead to huge growth.

29/11/2022

When you are looking at taking out a loan, you need to know the difference between your amortization and your term. The amortization is how long it will take to pay off the loan in full based on your regular payments. The term is the length of your contract. When your contract ends you may still owe money and you may need to renegotiate or switch lenders. The average home loan in Canada has a 25 year amortization, and a 5 year term, which means it takes 25 years to pay off your home, and you need to sign a new mortgage every 5 years.

28/11/2022

Understanding the difference between an asset and a liability is what will allow you to achieve financial independence. In short, an asset is anything that makes you money, a liability is anything that costs you money. Smart money buys assets not liabilities.

27/11/2022

A Cap Rate is an important metric when considering an investment. To determine an investment's cap rate, you need to divide the net operating income by the current market value. The higher the number, the better the return.