Fun Ways to Earn Money

If you want to earn money in Canada, there are many fun ways in which you can achieve the objective and be happy about it. We always think some of the ways and if you think it is worth giving a try, don’t hold yourself back and enjoy your time while earning money.

1. Private Island caretaker

This is a dream for many people, and it is possible that you might even want to have a place to take care of where you can soak up the sun, enjoy your time and go on Adventures while being paid for it. Being a private Island caretaker is a big responsibility, but it has its own set of benefits. So, make sure that you start looking for such opportunities and enjoy the task.

2. Designing video games

We love spending time on different video games and have many thoughts in our mind that can help us in developing and an ideal game for every gamer. If you have the skill to design a video and you, wish to make one this can be a great task for you. Designing video games can help you and keeping yourself occupied most of the time while doing something you love doing.

3. Enjoying your time in a Casino

Casinos are fun, and we all know it. There are many people who would want to spend most of the time in casinos but have their fears in mind. If you fall in this category, we suggest that you should look for online Casino Canada and restrict your time and money in this direction. This will ensure that you push yourself to the limit set by you and not by anyone else.

4. Makeup artist

If you love this task, there is no better way in which you can earn money and be happy about what you’re doing. Being a makeup artist and help you in a number of ways and can get you many opportunities. In this case, please suggest that you specialize in a particular category and keep learning to expand your knowledge base and cover different occasions to play with the combinations. Being a makeup artist can also help you in achieving your dream of traveling to different places and gaining exposure when the time is right.

5. Writer

If you have many ideas in your mind and you wish to share it with this world, you can write it down on paper and left in the world recognize your talent. Being a writer, you’ll have many opportunities to express your opinion and to make this world a better place to live in. Remember the freedom you get in this field will not be equivalent to most of the jobs you might consider.

Brookfield Renewable Partners to Hold Q3 2017 Conference Call on November 1

Brookfield Renewable Partners (BEP) stock is up 0.79% to close on Wednesday but remains down 0.86% in the last month. The company recently announced quarterly dividend rates for its Series 2 Shares.

The renewable energy company will pay an annual rate of 2.62% in dividends.

Brookfield also announced yesterday that they will hold their third-quarter conference call on November 1, 2017, at 9:00 a.m. ST. The company will discuss its latest initiatives and results with investors. BEP’s Q3 2017 results will be released before the opening bell on November 1.

A pure-play renewable platform, the company’s portfolio of facilities includes hydroelectric and wind operations in Brazil, Colombia, Europe and North America. Brookfield maintains more than 11,000 megawatts of installed capacity.

The company is under the Brookfield Asset Management company, which has $250 billion in assets under their control. The management company offers global alternative asset management, with investments in renewable energy, infrastructure, and real estate.

The management company invests in alternatives, including smarter buildings and technologies.

BEP’s cash flow and distributions have grown at a steady pace, with 16% annual returns for investors. The company, known for its high dividend yields, offers low-risk opportunity investments. The company’s portfolio of hydro assets continues to grow in value as their operating capabilities focus on long-term results.

The company recently acquired $5 billion in hydro assets from Colombia. The company’s stock is up over 5% in the trailing 90-day period primarily on the takeover of TerraForm Power (TERP). TerraForm, a public company has seen its shares dip 60% since they went public.

The bankrupt company’s assets are now under control by Brookfield Asset Management. The management company is expected to provide operational and financial support to help TerraForm return to profitability.

Brookfield Renewable Partners, the management company’s renewable power vehicle, has compound annualized returns of 14% in the past five years. The company’s takeover could mean that investors of TerraForm will have value created for them rather than suffering major losses.

Brookfield acquired a 51% stake in the company and will bring the company private. Brookfield Renewable Partners will inject $500 million into the company, helping to improve its finances and reduce the cost of capital.

TerraForm will transition to a top-wind and solar energy company. The entity has operations in Western Europe and North America. The $500 million in equity will allow TerraForm to continue to expand their operations with the intent of boosting the company’s finances so that it can secure other funding sources.

Looking at Five Inherent Traits of Strong Leaders

Why is one nation’s head of state well-regarded for his positive energy and ability to inspire his countrymen, while another’s leader embraces discord and divisiveness? Why is one company’s CEO known for her creative mind, but an abrasive management style that holds the organization back, while another’s passion and decisiveness move his people to embrace positive change?

Not every leader is a good one, and even those who have some of the requisite characteristics for greatness may not have them in sufficient balance to truly earn them the sobriquet of “great.”

Mountains of content have been written about what the best leaders look like and the hard skills and soft ones that they are either born with or develop to achieve leadership success. Of course, there are learned skills, acquired through education and experience – from finance and business operations to the ability to speak a foreign language. And the soft skills can’t be underestimated, like the ability to communicate and persuade others or showing a strong work ethic.

But, beyond “skills,” per se, leaders possess certain innate characteristics or traits that occur naturally or can be cultivated – and should be cultivated among managers who show the potential to be our next generations of leaders.

The essential traits of a leader go beyond the baseline givens of integrity, intelligence or emotional maturity. Some of them are hard-wired within natural leaders. Others need to be cultivated and polished over time. They include:

·      Positive energy. It’s far more productive to build up than to tear down and criticize. People who can stay upbeat, optimistic and encouraging even when circumstances are at their most discouraging will win legions of loyal followers.

·      The ability to energize others. It’s called emotional impact, and those who can make their own positive energy contagious to others come out on top.  Can you make people feel good about what you’re trying to achieve? Maya Angelou put it this way: “…people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”

·       Decisiveness. This is nothing more than being able to act decisively on tough decisions, without waffling, without over-analyzing, without second-guessing. Leaders are able to make the tough calls because they’ve got the confidence to do so. It’s not an inherent trait, but one that that must be encouraged over time.

·      The ability to get things done. This is another trait that must be honed over time and requires self-confidence to carry through. It’s the rare leader who can execute and is also an effective strategist: A survey by PwC found only 8 percent of top leaders were effective at both.

·    Passion. It’s the passion that leaders have for their people, their work and their lives that produces the energy that drives everyone forward. If vision is “what you see” as a leader, passion makes what you see important.

Ultimately, these traits are bound together to create a total, inimitable persona that stands for something more than just “business as usual.”  Starbucks’ CEO Howard Schultz put it this way: “As a business leader, my quest has never been just about winning or making money. It has also been about building a great, enduring company, which has always meant striking a balance between profit and social conscience.”

Getting Cheaper Home Insurance is Now Possible

You might worry about getting insurance all the time. You want to get it, but you are also thinking about the cost. You have to pay for it on a monthly basis so you are eligible to claim for insurance whenever you need it.

 

The price is usually the factor why you might be having a hard time with quality home insurance. In as much as you want to get insurance now, you think about how much you need to spend for the next months or so. Sometimes, you end up doing the wrong thing which is to buy insurance which is of low quality and poor coverage. You don’t have to do it. You can still get quality insurance at an affordable cost. Here’s how you can do it.

 

Install security features

Some insurance companies are willing to lower the price if you can prove that you have already installed security features at home. Getting security cameras is important. This helps in insurance fraud disputes. You can also install alarms and sprinklers to protect the property against full damage. You just have to show that you have done everything to avoid destruction and insurance companies will be willing to put a lower premium on your policy.

 

Get bundles

If you have more than one property, you can get insurance from the same company for all of them. This allows the company to give you a lower price for your insurance. There are also those that are willing to bundle different types of insurance such as car and house policies together. The goal is to stay loyal to them and you will easily have lower rates for your insurance policy.

Pay annually

This is only feasible if you can afford the really high cost. However, if you can afford to do it and the amount is quite different from that of the monthly payments, just go for it. Besides, paying annually means you won’t have to think about it again for the entire year.

 

Now that you know that rates for Insurance and Protection can be lowered, you no longer have an excuse for still not having it. You have to keep searching until you are satisfied with an insurance company and the policy it offers. You should also read reviews about the company you are to partner with. They must give you quality insurance at an affordable cost. Unless all your personal standards are met, you should keep searching for other options. Rest assured, there is an insurance policy that will surely meet your needs. Once you have found the right partner, close the deal and be consistent in paying the premiums.

Great Personal Finance Apps To Consider Right Now

Most people these days own a smartphone and check it multiple times per day because of various reasons. With this in mind, why not use it in order to get a better hold of your personal finances? There are many interesting apps that were created to help you do exactly that. While not all the personal finance apps are really good and should be considered, the following are definitely some that you do want to take into account as they are really good.

Mint

Tech Surprise ranks Mint as the very best app you could use to manage your cash. This app helps to track spending, create budgets and get smarter with the money you have. The credit card and bank account can be connected, just as monthly bills. You thus have all the finances in one place, eliminating having to log into many sites. You will know when you have to pay bills, the amounts owned, when the bills can be paid, you receive reminders, avoid late fees, get suggestions based on spending habits and so much more.

You Need A Budget (YNAB)

This adequately named app is different than most of the other similar apps on the market. It is useful to help you with problems you have as it allows you to create specific budgets based on the money that is actually available. You do not end up relying on theoretical amounts, as so many do. When you get off the best possible track, the app will allow you to balance the budget and solve the problem you have.

Wally

It is especially useful to use Wally in the event you want to track your expenses as you do not really know where the money is going. If you do want to be better organized, the application will help you and all you really have to do in order to do so is to photograph receipts. When using geo-location on the smartphone, extra info can be automatically added to know even more where your money is going. The tracking app is very clean, highly streamlined and quite easy to use. The insights that you receive can be very helpful in figuring out where your money is going, which is something so many need.

Acorns

If you are looking for a good app to help you save money, Acorns is considered to be the very best. Proper financial behaviour is actually automated as whenever a purchase is made with a connected card the app is going to round up the amount to the highest next dollar and then invest the difference in ETFs selected based on personal risk preference. Basically, you get to take advantage of pocket change in order to build an investment portfolio in a really short period of time. Most users declare that they do not realize there is a difference and then they end up with a few hundreds of dollars extra in financial investment every single year. If you are a college student, you do not have to pay for using the app and for everything else you just end up paying $1 every single month.

Is Buying An Online Store A Good Investment?

Return on investment is one of the primary metrics that investors look at while making an investment decision. For retail investors however, that may alone not be enough. It is also important to look at the work that goes into achieving the ROI in question. For example, investing in stocks incurs lower fees and commissions when compared to mutual funds. However, unlike stocks, mutual funds do not require constant tracking and are thus a better avenue for passive investors.

While there are a lot of traditional avenues for passive investing (like real estate), the modern day investor has a number of new opportunities to passively grow their wealth. A growing number of such investors are looking at buying online businesses .These are websites that bring in a few hundreds of dollars each month and require minimal intervention in terms of work required.

But is buying an online store a good investment decision? To answer that question, we will first have to look at the investor profile and their industry know-how. Online stores can indeed bring in a recurring income in exchange for minimal work, but that does not always equate to no work. ECommerce stores have a lot of ongoing work that needs to be taken care of such as order processing, supplier negotiation, customer care, and order fulfillment. A large business like Amazon has tens of thousands of employees in the supply chain taking care of these processes. In a way, such an investment could be a double-edged sword – they cease to be passive when your store actually grows and becomes popular.

Dropshipping

One of the best ways to work around the tricky nature of owning eCommerce stores as an investment option is to dropship. Dropshipping is a form of third party logistics where a customer order is fulfilled directly from the supplier’s destination. In other words, as an eCommerce store owner, you are only responsible for marketing your business and passing on orders to the supplier who then handles everything from order processing, fulfilment, and even customer service. With dropshipping, your eCommerce store can continue to be passive even when the business grows. There are a number of third party plugins that can help you find dropshippers to partner with.

Buying Existing Stores

Growing an eCommerce store from scratch can be brutally painful and is not particularly recommended for passive investors. While eCommerce can be a great business opportunity, it may not be a good investment decision for those who do not have the time to invest in growing a business. This challenge may be overcome by investing or buying stores that are already doing well in terms of revenue. Shopify, one of the leading eCommerce platforms in the world, has its own marketplace called Exchange where investors could look at successful online stores that are for sale and invest in them. You may also make use of the dropshipping plugins discussed above to integrate with your store in order to make your wealth generation truly passive.

eCommerce Management Agencies

There are a number of third party agencies that specialize in eCommerce management. These agencies can take care of everything from SKU management to order processing, fulfillment and customer service. In a way, these agencies replace traditional workers in your order supply chain process. Depending on the size of your eCommerce store, these third party eCommerce management agencies can charge anywhere between a few hundred dollars to several thousand dollars each month. But because of the scale of their operations, the cost to operate your store via these agencies can work out to be cheaper than hiring your own in-house team.

So to answer the question – is online commerce a good investment opportunity? It definitely is. However, as it is with any other forms of investment, the risks need to be appropriately assessed in order to make sure that the money you invest is multiplied steadily over time.

5 Tips for Buying Land as an Investment in Ontario

Fair Alberta isn’t the only province worthy of your real estate investing dollars, you know. Its flatter, wetter friends to the east harbour uncommon opportunities as well.

Head toward the rising sun along the Trans-Canada Highway and you’ll soon enough find yourself in northern Ontario, a thickly forested wilderness riven with lakes, streams, and wetlands. There’s abundant land for sale here, at a fraction of the per-hectare cost one expects on the outskirts of Edmonton and Calgary.

But, as any old real estate hand knows, every market is different. If you’re interested in buying land as an investment anywhere in Ontario, you’ll want to keep these five points in mind — and find a trusted estate agent who knows the region well.

  1. Head North

Northern Ontario comprises the bulk of Ontario’s land mass — and houses a tiny fraction of its population. Land for sale in northern Ontario is therefore far cheaper than land for sale in southern Ontario, especially in the densely settled Golden Horseshoe region ringing the western shore of Lake Ontario.

If you’re not a Canadian resident, a northern Ontario investment allows you to skirt Toronto’s 15% foreign buyer surcharge, a 2017 measure imposed to cool the city’s red-hot real estate market.

  1. Get Close to Town — But Not Too Close

Northern Ontario isn’t entirely depopulated. Northwestern Ontario is anchored by Thunder Bay, on the north shore of Lake Superior; northeastern Ontario by Sudbury, in the mineral-rich hills north of Lake Huron. Though still cheap by Alberta standards, land and homes are pricier in these regional hubs.

If you’re seeking a truly cost-effective investment that’s likely to appreciate faster than an in-town property, look for land near these or other settlements — but not too near. Sweet spots tend to lie in rings close enough for commuting, but far enough for peace, quiet, and plenty of breathing room.

  1. Assess Access and Improvement Potential

If you’re planning to improve your investment, look for lots with access to existing paved or well-maintained gravel roads. Failing that, look for properties upon which such improvements can easily be made. If you need to coordinate with more than one other landowner to punch a driveway out to the main road, the property might be more trouble than it’s worth.

  1. Have Cash on Hand

First-time land buyers are often surprised to learn that lenders are reluctant or unwilling to underwrite generous loan packages for their purchases. While every case is different, it’s unrealistic for Ontario land buyers to expect to be able to finance more than 50% of their investments. In other words: Set your land investment accordingly, or patiently accumulate the requisite cash reserves before you make your move.

  1. Consider a Joint Venture

This is one obvious way to stretch your land investment resources further. Surely you have friends, family members, or trusted colleagues who see the same potential as you in unspoilt Ontario land. Why not enter a joint venture and pool your collective funds? Housing your land in a formal business entity as other benefits as well — though you’ll want to discuss with a tax professional or business attorney to evaluate your specific situation.

Are you planning to invest in Ontario land anytime soon? Where are you setting your sights?

4 Times Renting Equipment Is Better Than Buying

You may not realize it, but you could be saving money renting equipment for your business instead of buying it. When you need to use mechanical equipment, renting is often cheaper than buying. When you rent equipment, you’re also more likely to get reliable and up-to-date items.

Learn more about the following four situations where renting equipment is a smarter choice than buying it.

You’re Time Poor

The phrase time is money has much truth to it. Many business owners are time poor, and the amount of time and effort required to manage financing for equipment can put a burden on them. For many small businesses, renting is often easier. 

Usually, the company handling your rental agreement is responsible for any faults with the equipment that may arise. Often, the hidden costs of purchasing machinery such as insurance, licensing, and maintenance get included in the terms of your rental agreement. For many business owners, knowing that these costs get factored into the agreement can be a relief.

You Need the Equipment Only for a Short Period

The length of time you need to use equipment affects whether you decide to buy or rent. The shorter the usage time, the more financial sense it makes to rent your equipment.

For example, if you were to rent a 5,000-pound, 19-foot Telescopic Forklift, you would only spend anywhere from a few hundred dollars a day to a few thousand dollars for one month. To buy this type of equipment, however, you’re looking at spending roughly $30,000 for secondhand equipment. 

When buying secondhand equipment, you run the risk of dealing with poorer quality stock. Equipment is something prone to breakdowns. When you’re investing large sums of money into your equipment, you want to make sure you’re getting the most value possible.

You Receive Tax Benefits

Real tax benefits often present themselves when renting. Businesses can often deduct the total price of their rental equipment from their taxable income. However, be sure to consult with a financial advisor to make sure you’re fully benefiting from these perks.

You Can Better Manage Your Cash Flow

Managing your cash flow is another reason renting is great for small businesses. When you’re renting, you know the exact monthly costs you need to pay and how long you need to keep up those payments.

Knowing your exact spending, allows you to budget and make plans for your business especially since interest rates often become fixed for rental agreements.

If you hit a bump in the road and later realize you need to upgrade your equipment, you can. Many companies will authorize upgrades by simply adjusting your monthly payments which can save you the cost of putting down a substantial sum of money for new equipment.

If you’re a small business owner and looking to hit the ground running, renting expensive equipment offers many advantages over buying. Today, you can lease almost any piece of equipment you need to complete whatever job you may have in mind. What’s not to love about that?

A Quiz To Help You Understand Insurance Product Better

We know life insurance is important, but many of us struggle to understand the different terms and specifications. With this informative quiz, you’ll discover what you need to know about life insurance policies, so you can feel confident selecting the policy that suits the needs of you and your family.

One part of the quiz will help you understand the difference between term life insurance and whole life insurance, the most important benefits of whole life insurance, what happens to a term life policy if it expires while you’re still alive, and which of the policies has lower monthly costs.

You’ll also learn the best time to buy a life insurance policy, who gets the policy benefits when you pass away, what lifestyle factors contribute to higher premiums, who should get a guaranteed-issue life insurance policy, why medical exams are sometimes required for policies, how to confirm the stability of your insurance carrier, and why you might not want to get a life insurance policy from your employer.

The quiz will only take you a few minutes to complete, yet the information you’ll learn from it is invaluable. Along the way you can see how many other people got the questions right and cheer them on. When you finish, you can even share your score on Facebook and get extra reading materials to answer any other questions you have.

If you’re confused about life insurance policies, take this quiz today and discover everything you need to know about the different policies available.

Is Your Leadership Training Working? Here’s How to Look at It

What many organizations fail to come to grips with is the fact that “leadership” is more than just the here-and-now team that currently occupies the executive suite.

Studies by Deloitte, in fact, speak to the problem. While 86 percent of business leaders understand an effective leadership pipeline is critical to their organizations’ future, 87 percent lack confidence in their succession plans. In fact, more than half say a shortage of future leaders has hurt their business. When businesses spend over $15 billion on leadership training, something is clearly out of kilter.

A leader has more than a fancy title and a corner office. A leader is someone who can inspire and motivate others and make them eager to follow, who actively seeks advice and perspective in order to make the hard decisions, is authentic and trustworthy, thoughtful and empathetic and communicates well. A “leader” can just as easily be found on the factory floor as that corner office.

The challenge is to recognize those who have the potential and help them develop it. And then make sure that the training is working.

The problem lies in several areas.

One problem comes in the form of training initiatives styled in the one-size-fits-all manner. Further, required competencies are typically neither specific, nor necessarily aligned with what the business needs. Do you really need innovators – whatever those are – when your organization is so siloed that its future lies instead with skilled bridge builders who can bring people together?

Your culture and long-term strategy are among the most important indicators of the types of skills, capabilities and mindsets that need to be fostered in your leaders. As a result, leadership training should be grounded in the specific competencies your particular organization needs to ensure it moves forward. That way a culture of leadership can embed in your organization and ;any the foundation for success.

From there, another issue needs to be tackled: that of ensuring your program is mindful of the time-honored axiom: What isn’t measured isn’t managed. And so it goes with your leadership training. How effective is yours?

Ideally, you should use two approaches to evaluate your progress: one qualitative, the other quantitative. These approaches should tie back to your results-oriented, leadership training goals, and they should be evaluated against solid benchmarks.

Qualitative, of course, has to do with non-numeric outcomes, or impressions and feelings. To that end, feedback is key. How do your developing leaders feel they are doing? Can they identify areas where they’re falling short or exceeding expectations? And how do others who work with them feel? Are they seen as authentic leaders? This is how – through quizzes and surveys – you monitor behaviorial change so you know what skills are taking and where reinforcement might be needed.

Quantitative measures are more-by-the-numbers, hard-and-fast indicators that your program is working…or not. These can include tracking retention rates or engagement levels. Specific achievements can be monitored, as well.

Talent is a terrible thing to waste. The way to keep that from happening is to apply more rigor to your leadership training program and how you measure its outcomes. Remember that an investment in leadership training is not simply taking a product out of the box, but rather thinking about who you are as an organization and what you need. Only then can you thoughtfully program and deliver the kind of training that will impact your culture and your success for years to come.