Category Archives for "Family"

Feb 25

A million dollar TFSA sounds great except…

By Bruce Firestone | Family , Finance , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

A million-dollar TFSA, https://business.financialpost.com/personal-finance/taxes/the-road-to-the-million-dollar-tfsa-is-getting-shorter-for-millennials, sounds great except I’m not 100% convinced about these assumptions: a) earning 4.7% yearly, compounding annually, b) continuing to put in max $$$ every year for 47-consecutive years without fail. There are simply too many ups & downs over a lifetime. But, say you buy a half double like one of […]

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Feb 24

How to turn $7.2 million into half a billion dollars

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Family , Finance , Investing , Real Estate , Sports & Entertainment , Urban Economics

I spoke with my friend Victor Menasce about the Ottawa Senators, the NHL, real estate investment and more on his podcast… I explained how we purchased (in the early 1990s) 600-acres in the far west-end of Ottawa (Kanata) for $12,000 an acre ($7.2 million, if you are counting), plunked an NHL expansion franchise (aka, the […]

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Feb 23

Making better decisions

By Bruce Firestone | Architecture , Business Coaching , Design , Entrepreneurship , Family , Life Coaching , PB4L , Real Estate Investment Coaching , Sports & Entertainment

There are some benefits to getting older. You tend to have more patience and perspective; you tend to make better decisions and, consequently, make fewer mistakes. After I left the Sens, I wanted to figure out what to do next and, at the same time, my spouse, Dawn Mac Millan Firestone, was training to become […]

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Dec 26

Fork in the Road – The People, Places and Pivots that Shaped Bruce M Firestone, PhD

By Bruce Firestone | Architecture , Business Coaching , Family , Real Estate , Real Estate Investment Coaching

[Another GaVinci Report by Corey Oliver] Pivot – in the business world it means to shift. To move to Plan B when Plan A isn’t working. It’s the art of recognizing change in a market or industry before the impact of those changes can damage a business or organization. The challenge is recognizing WHEN to […]

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Dec 24

The cat came back

By Bruce Firestone | Family , Ideas , Uncategorized

This Xmas I am into handmade Christmas gifts as opposed to store-bought ones. So, here’s a story I wrote and recorded then uploaded to YouTube for my two grandsons. It’s called Sammy Came Back. It’s set in a town called Wretched and it’s about a cat locked out by a forgetful husband in subzero weather […]

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