Wednesday, January 26, 2011

Changes are a foot!

There's a lot going on in 2011. Already the whoppers include mortgages rules changing effective March 2011, stronger and stronger indications of rising interest rates and a new Premier for Alberta - sometime.

So what? There always is a lot going on. The best action is not reaction but positive pro-action (I just made that up- look out Sarah Palin!) In our case we started locking in all our variable rate mortgages, where it made sense. I'm not going negative cashflow for the sake of a little peace of mind. I can ride the variable until maturity and probably pay less negative cash flow in the long run.

We're also re-evaluating our political choices. It's a second look at the political landscape to figure out which way to go.

If it's not one thing it's another you've just got to roll.

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