As i sit here in my office I'm looking out the window and what do I see but a depressing snow storm. This is about the time that it feels like winter is never going to end here in Calgary. All the doom and gloom of the season here in western Canada, It's so easy to get into this type of head space of feeling depressed. It's like the ecomony right now, I believe we are in the winter of our recession and we need to ride it out because it's not going to stay winter and the ecomony is not going to stay this bad. We will have the spring to look forward to all the warm air and the nice hot sun. We can go and swim in the outdoor pools and enjoy the longer days of summer. This will also happen to the economy, it might not be as soon as the spring but it will change for the better. We will looking at making money in our RRSP's and selling our homes when we need to without taking a hit. We just have to make it through this ecomonic winter.
There's always a bright side to both. In the winter time we can go out and ski and snowboard and skate. Just like the upside to this recession, we have low interest rates so that you can use some of the equity in your home for a buffer so that if it gets bad you can ease the way a bit financially.
Hope everyone's winter comes to a close soon. See you in the Spring
Verico Canada First Mortgage