Australia, anyone?

Not everything about Real Estate has to be so serious

Almost makes you want to move to Australia!

What do you think?

We here at Team Jamieson are new to the blogosphere and are still unsure what exactly people are looking for in terms of a Real Estate and Investment blog. While we know that we are still new, and so don't have a large following, we want to hear from You. 

What subjects would you like to see us cover? Are there any specific things we've done that you would like to see as a regular feature?

Why I’m Buying My Kids Their First House, When They’re Barely Old Enough to Ride a Bicycle



To view article Right Click on Image, Select View Image, and Zoom In.
Article belongs to MoneySense Magazine, December/January 2012 Issue

I’ve been saying it for years. 

By buying your kids a place now you can absolutely set them, and YOU, up for a much easier life financially. I’ll use my kids as an example. They are 5 and 6, and this year I am buying them each their first home.

I know, I know, that sounds crazy, but I have clients doing this very thing on a regular basis. It’s not rocket science, its simple math and a few hours of education with me.

Some of this money will be used to pay for their post-secondary education, and the balance will remain in equity in the property when I gift it to them if/when they are worthy of it.

Unlike Romana in the article, I won’t be charging them interest. After years of receiving a financial education from me, my kids are either going to live by those rules or not. If they do, I will be happy to give it to them, if they don’t they are kissing the house goodbye. To me, charging any sort of interest defeats the purpose of giving them a head start, and is not necessary if they have proven worthy of the gift. Just my two cents.

Simple, yet incredibly effective.

If you want to see the math and find out the potential return call me at 613.203.7333 or email me at julie@teamjamiesonrealestate.com.

Where to Put $100,000

Canadian Business Magazine (Jan. 23, 2012 Issue) has an interesting article which features the opinions of several experts on where to invest $100,000 in today’s market. The article, aptly called “where to put $100,000 now” features the quoted advice of 6 people. It is as follows: 

Larry Sarbit

Chief Investment Officer

Sarbit Advisory Services:

-          Put it in the US, it is cheap right now, but will have a big payout later

Kim Shannon

 President and Chief Investment Officer

 Sionna Investment Managers

-          Divide your fortune into 4 equal parts: Stocks, Bonds, Real Estate, and Gold

Steve Palmer

 President and CEO

 AlphaNorth Asset Management

-          Take a long term perspective and invest in a diversified portfolio of small-cap stocks

Sandy McIntyre

President and Chief Investment Officer

 Sentry Investments

-          Buy six or seven of the highest-quality dividend-paying stocks in business that have been around for 50 to 100 years. US, over Canadian, and the occasional European Investment. “a Diageo and a Nestle. When times are bad, people eat chocolate and drink booze.” 

Dan Dupont

 Portfolio manager

Fidelity Investments

-          Put it in global large-cap stocks 

Neil Jacoby

 President and Chief Investment Officer

 Aurion Capital

-          Equities, Corporate Debt, and High-Yeild bonds, but be prepared for the risk. 

Now, what is not in the article is my expert advice:

JULIE JAMIESON

Realtor, Real Estate Investor and Teacher

Team Jamieson Real Estate

As you all know, I’m big into real estate, and CANADIAN real estate. It’s a fact that at least 95% of the wealthiest people on the planet made their money in real estate.

Ottawa, despite what people think, is still a very affordable market. I know this sounds insane, but this year I plan to get approximately a 300% return on MUCH LESS than a $100,000 investment, and build my real estate portfolio by $650,000 in property in Ottawa. Call me if you want to do the same thing, 613-203-7333.

Keep an eye out for my upcoming blog post: Why I’m Buying my Kids Their First House and They’re Barely Old Enough to Ride a Bike.