Hats for Babies

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Toys for Children

The other day I watched Apollo 13 for the 20th time. I really like the movie. The story is amazing one, building a CO2 scubber from spare parts and just making back alive.

 Then it got me thinking ... what would have happened to the families of the astronauts if they did not make it back. I doubt any life insurance company at the time would be willing to cover the risk.

 Then I found this article and pod cast on the NPR blog "What the Apollo Astronauts did for Life Insurance". All I can say is very inventive!

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Real Estate Bubble

The real estate market bubble has burst all around the world since 2008, and now the question is the real estate bubble coming to Canada? Maybe Kelowna? Home owners that purchased homes only 5 years ago are finding their property prices are lower than their original purchase price, as they go to renew their mortgages. This is not a problem for those that intend on staying put, but for those that are want to move to something larger are now having to wait. This creates lower demand for mid priced homes and less supply of entry level properties. Add to this the recent changes to mortgage amortizations and a real estate bubble may be coming to a Canadian town/city like Kelowna. Check out this article and video from the CBC

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