Good episode, would like a deeper dive into the global conflict topic as i think it will have a greater impact than most people realize. Oil being cheap was a huge reason inflation has "been tamed" but its set to go much higher this coming year and it would be interesting to hear your sides on that impact.
An analyst/money manager on another podcast suggested that France is on the verge of a fiscal or sovereign debt crisis. The UK already went through the Liz Truss moment and inflation there remains above 3%. A lot of Europe is approaching an inability to cut rates. Even in NA, the US is running a deficit of 7% of gdp.
The continuously changing economic conditions in our society have made it necessary for thousands of people to find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Katherine Nance Dietz is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
curiously inputted Katherine Nance Dietz on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
In my city not that long ago buyers put 30 offers on homes that were almost 300k higher. These same people don’t seem to like real estate that’s on sale.
I think people are underestimating the diminishing return of lowering rates when prices have increased 30/40/50%... soon even 0% rates would not help as prices are so high, they will need to pump and print like never before I don't think we have seen the highs or lows of anything yet. Inflation, rates etc. There is nothing else boc can do when shit hits the fan besides print money + cut rates. It's an endless cycle towards anarchy.
You make a good point. The more they distort the markets, the stronger gravity becomes (and the same goes with the stimulus), and like you said, it will eventually get to a point where the cuts have little to no effect. This is because the inflation rates have been manipulated lower by cpi data and cooked unemployment data, which accelerates the cycle even more because it distorts how much purchasing power the middle class has actually lost. This said, I still wouldn't be shocked if rates surge higher again in a couple years from now. I don't think we are at the end of the cycle just yet, but getting close. The US def has more room to re-inflate again, which is bad news for us here in Canada. It will be a slow, long and painful decline for the economy imo.
It's just an endless cycle. I wouldn't call it anything else. People want to be hyperbolic about our situation but I don't see why other than clicks. It's a lot like the stock market. It's cyclical and you can only try to predict with great uncertainty. With 67% of Canadians owning there is no way the government, any government, will let let there be a decrease for too long before stimulating. Been saying it for years and it has always been the case.
The average tradesperson has not seen their wages going up much in last 5 years. Especially in the residential market. General contractors might be charging more for labor, but they’re definitely not spreading out the money
Residential electrical has been a race to the bottom for a decade. It's done by the cheapest/dumbest human available. Don't get me wrong there was some quality work done in custom homes, but by and large subdivisions were wired by 1st/2nd year apprentices and some half drunk guy.
No trades people ever need to build a new house in their lifetime, the standing garbage that has been build in the last 20 years of boom will need renovations forever. Don’t wait for a raise, start your own renovations company, roofing, siding, kitchens, floors, name your price, there’s nobody to do it.
@@Buildituniversity "barely anyone competent to do it" There are a lot of half drunk morons who will do it for cheaper upfront, but by the end of the project it will cost you twice as much for 1/4 of the quality
@@donm2067 that’s right. I do good work and can barely get out of a neighbourhood, it’s like shooting fish in a barrel. I only do the jobs I like, and the people are happy to tell their friends about me.
I concur with Keith's forecast @ 23:04 regarding capitulation of supply side/trade/economics/velocity of capital concurrent to severe recessionaryy metrics entrenching across advanced western economies.....and GeoPolitically things could get REALLY fugly really quick ! Canada needs to 180* degree's on it's energy sector asap..... and in fact, pursue stimulative intiatives therein regardless of past ghg emissions/climate change policy fantasies.... it's a matter of survival !
What I'm hearing RE: rate cuts, buyers aren't willing to take on more debt/risk going into a recession. They're specifically waiting for prices to correct from the pandemic.
Blowout US employment numbers on video publishing day... 100,000 more jobs created than forecast... plus an upward revision in the previous month. Knowing this might have change the presenter's perspectives on where the US Fed (and by extension everyone else) is headed next with rates.
Yes, Steve, all non-heavy asset owners are getting completely screwed. We’re all getting screwed on the currency, they’re just well hedged. That is in essence the mechanics of the gaping wealth divide.
Why don't banks go directly to the central bank to square balance sheets overnight... what is the advantage of borrowing from other banks over the central bank?
Something I'm seeing more is onshoring manufacturing via 3d printing. That widget that normally comes from China companies are printing themselves or just using local printing companies by sending over a CAD file
I have been sitting on a condominium board for a high-rise in the GTA for well over a decade. We have done exceptionally well and yet our reserve fund is repeatedly reassessed to be inadequate despite the fact that we have been over contributing for over 10 years since the building went up if the economy doesn’t crash and bring down these insane building costs almost every condominium will be in deep deep shit in 10 ish years. Especially the garbage being built 2013 onwards.
The reason nobody sold in 2023 is because they knew there was nothing to replace their house with, nothing cheaper for sure, and most of the overpriced garbage was left since people were trying to dump it before going underwater.
+1 Keith. ZIRP is coming...dont fight the 30 year trend. Prices adjust MUCH faster to lower rates over high. As leverage and debt increases during ZIRP, there is a high chance that increasing rates even a little bit crushes. IFFFF wages increase as fast as rates then facilitating the debt can be sustained at higher rates. I see none of this for the lower 80%.
Let's imagine a failure case of global repo markets (extreme case, I know). I just realized that decentralized finance, from crypto, has no repo market because all transactions are final upon execution. That could become interesting. Would you agree?
I usually agree with Rich but on this issue that liquidity screws common people I disagree. Liquidity cycles in the system, it is true that usually the way it is injected into the system favors asset holders. However, because it is "liquid", it cycles into various economic areas including labour. So if average labour had power in the system then naturally over time liquidity will gravitate toward them. What is apparent is in that OECD average labour lost a lot of power over the last couple of decades. Why is that? Potentially 2 reasons: 1. Tech is shifting power so that non high skill generic labour isn't valued (the last two years not withstanding of course but the trend is coming back today), digital tech isn't as conducive to the homogenuity of labour needs as say industrial assembly line processes are. 2. Lack of investment in average labour, whether it is machines, training, etc. Hence you have lack of productivity gain. But it is a greater trend than simply saying that liquidity is causing issues for the average person.
Thank you guys keep it up agree with you that we are near end of the fiat currency run . Hard to convince friends to diversify out of fiat inflatable assets
Why does a US or Canadian investor need BOTH gold and oil in their portfolio? If there's "global conflict" won't a pure gold allocation perform just as well as oil? If we just continue to have inflation without global conflict then gold should respond but oil may not. The ever-present risk with oil is one of over-supply.
Diversification across commodities is always a welcome approach. Oil is one those commodities that has much more volatility and is impacted to a greater extent by global conflict in oil producing nations or, conversely by a simple announcement by OPEC + that they are opening the taps a little more...
What you're saying is that oil is more of a trade than an investment? Gold is an investment. You can always hold it, knowing it will come back. Oil? Not so much.
In the housing hot spots across Canada, I have zero idea as to why prices should go up. They may even go back to pre C-19 prices - key word is - may. Although I doubt very much that they will go that low.
I agree. Been trying to warn people here. Said people are going to be mad when their house values come off, and at the same time, everything else that you need will become increasingly more expensive. Not a good environment for overvalued asset classes. It is so obvious. A great one for undervalued and unloved asset classes though. Cantillon effect will be one of those terms that they will be talking about on this show next year as they try to explain what is happening
Guys, I really need you to answer the question of what happens if every country has 200% debt to GDP. Is that just a new normal then and modern monetary theory is correct?
When people begin to to qualify for more as rates drop, the inventory will get swept up and prices will continue. People are stupid and don’t think. It’s a very very small portion of people actually paying attention
I fail to see how condo projects not being started is bad for housing. Aren’t we already oversupplied? Also, we know that most of those units are shoddily constructed, expensive and not large enough to house families, therefore, who exactly is being hurt except for investors and builders who don’t have other types of housing in their portfolio? The market is self-correcting, which is a good thing. As for family-sized homes, are there any discussion during these conferences regarding the inventory that will be unlocked by Boomers over the next 10 years? I personally have many family members approaching 80 ready to unload their large homes in the next few years. Some have been waiting it out, because downsizing is expensive, but they will be forced to sell soon enough as they are struggling with the effort and cost of maintaining these homes.
Smart money not investing is a lead indicator of sentiment souring. It will mean as economic conditions deteriorate, the immigration levels will have to be capped at much lower levels in the future. If they continue to bring in too many people then the economy can support, the unemployment rate will surge, government spending will go up, productivity will become weaker, and as Canada and the US economies diverge in strength, it will spell bad news for Canada as the currency starts to tank (which will mean higher rates later into greater weakness).. Canada is in a check mate situation but it still needs more time to play out.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia
I may be vile and pernicious But you can't look away I make you think I'm delicious With the stuff that I say I'm the best you can get Have you guessed me yet? I'm the slime oozin' out From your TV set
11:55: Does 900 $/sqft build price include cost of over inflated land prices due to ristricted zoning? 😂. Let's do scams until we can do it no more.. 😂
But but but... Who will rent my current landlords leveraged property when i buy a property to live? Surely those international students who are flooding in. Chinese investment model isnt for everyone just the Chinese.
This show is complete BS, never has it been right from the start. Now the smartest guy on the show (Rich) works for the dummest (Keith). Huge jobs report, wars and hurricanes. Get used to it, we have inflationary problems, people were bailed out and count on it going forward. Again this show is a joke, not talking about their investment portfolios (prob Keith’s idea, we are going to get sued BS) is unbelievably lame. Keith’s laziness on this show has been contagious, he’s ruined the entire show, nothing but small talk and secondary news reporting.
Crazy how much I look forward to this every Friday.
Not alone there buddy
Weird..
Me too!!
Not crazy at all they're great
Me as well… think we all need to get out more lol
Given inflation when will you change the podcast name to
The Toonie Hour ? 😂
@@mindsetmatters23 soon
Congrats on 3 years, appreciate your content.
Best Canadian content out there and my number one listen every week. Cheers gentleman!
Good episode, would like a deeper dive into the global conflict topic as i think it will have a greater impact than most people realize. Oil being cheap was a huge reason inflation has "been tamed" but its set to go much higher this coming year and it would be interesting to hear your sides on that impact.
SK boy here. I was in Van this past weekend looking at homes. Surprising amount of construction that I could see while I was driving around.
Congrats on 3 years🎉. Been watching the entire time. Thx guys
An analyst/money manager on another podcast suggested that France is on the verge of a fiscal or sovereign debt crisis. The UK already went through the Liz Truss moment and inflation there remains above 3%. A lot of Europe is approaching an inability to cut rates. Even in NA, the US is running a deficit of 7% of gdp.
Super and huge congrats on 3 years!! Thanks for the sacrifices made to be there and put this out every week without fail. 🎉
@@williejacobs5386 thanks for the support
The continuously changing economic conditions in our society have made it necessary for thousands of people to find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Katherine Nance Dietz is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
curiously inputted Katherine Nance Dietz on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
Houses are only well supplied because no one can afford them. A supply of 1m+ homes means nothing.
Not nobody, just fewer people
We are seeing this in Calgary. Houses are listing for 1m + and they sit. Then they either come off market or take an absolute kicking.
What percentage of the average person qualify for a house?@@Observer168
In my city not that long ago buyers put 30 offers on homes that were almost 300k higher. These same people don’t seem to like real estate that’s on sale.
I think people are underestimating the diminishing return of lowering rates when prices have increased 30/40/50%... soon even 0% rates would not help as prices are so high, they will need to pump and print like never before
I don't think we have seen the highs or lows of anything yet.
Inflation, rates etc.
There is nothing else boc can do when shit hits the fan besides print money + cut rates.
It's an endless cycle towards anarchy.
*Endless cycle towards Totalitarianism not anarchy
@@kienchew5886 more like endless devaluation of currency making assets worth more
@@kienchew5886 endless devaluation of currency making assets worth more than
You make a good point.
The more they distort the markets, the stronger gravity becomes (and the same goes with the stimulus), and like you said, it will eventually get to a point where the cuts have little to no effect. This is because the inflation rates have been manipulated lower by cpi data and cooked unemployment data, which accelerates the cycle even more because it distorts how much purchasing power the middle class has actually lost. This said, I still wouldn't be shocked if rates surge higher again in a couple years from now. I don't think we are at the end of the cycle just yet, but getting close. The US def has more room to re-inflate again, which is bad news for us here in Canada. It will be a slow, long and painful decline for the economy imo.
It's just an endless cycle. I wouldn't call it anything else. People want to be hyperbolic about our situation but I don't see why other than clicks. It's a lot like the stock market. It's cyclical and you can only try to predict with great uncertainty. With 67% of Canadians owning there is no way the government, any government, will let let there be a decrease for too long before stimulating. Been saying it for years and it has always been the case.
Im only here to see Rich's art collection continue to consume the wall.
Some people meditate. I listen to the loonie hour.
The average tradesperson has not seen their wages going up much in last 5 years.
Especially in the residential market.
General contractors might be charging more for labor, but they’re definitely not spreading out the money
@@StephenRoss-po1rp don’t work hourly, work for yourself. Make money for yourself, not others
Residential electrical has been a race to the bottom for a decade. It's done by the cheapest/dumbest human available.
Don't get me wrong there was some quality work done in custom homes, but by and large subdivisions were wired by 1st/2nd year apprentices and some half drunk guy.
No trades people ever need to build a new house in their lifetime, the standing garbage that has been build in the last 20 years of boom will need renovations forever. Don’t wait for a raise, start your own renovations company, roofing, siding, kitchens, floors, name your price, there’s nobody to do it.
@@Buildituniversity "barely anyone competent to do it"
There are a lot of half drunk morons who will do it for cheaper upfront, but by the end of the project it will cost you twice as much for 1/4 of the quality
@@donm2067 that’s right. I do good work and can barely get out of a neighbourhood, it’s like shooting fish in a barrel. I only do the jobs I like, and the people are happy to tell their friends about me.
Error in Keith's math. Episode 1 is day zero. So you need to calculate 156 episodes (weeks) + 1. :)
I concur with Keith's forecast @ 23:04 regarding capitulation of supply side/trade/economics/velocity of capital concurrent to severe recessionaryy metrics entrenching across advanced western economies.....and GeoPolitically things could get REALLY fugly really quick !
Canada needs to 180* degree's on it's energy sector asap..... and in fact, pursue stimulative intiatives therein regardless of past ghg emissions/climate change policy fantasies.... it's a matter of survival !
We in Canada never saw the 08 financial crisis that the USA saw... We kicked the can down the road with home prices
What I'm hearing RE: rate cuts, buyers aren't willing to take on more debt/risk going into a recession. They're specifically waiting for prices to correct from the pandemic.
Great pod guys...3 years ago I started saving and I finally had enough $ to buy a Patagonia vest...I only wear it while watching every episode
@@georgepoulos7379 good man
Will you talk about Bitcoin when it reaches 70k? How about 100k? I sold my rental houses in Canada
Congrats for the 3 year anniversary guys 🎊 🎉
Rich's paintings are going to give me nightmares!
we gotta turn on the Zoom backgrounds 😭😭
Interesting insights-thanks for the update!
Here in Kits prices are still insanely high. A condo in my building in Arbutus Walk sold above asking.
Detached homes in Vancouver are also holding strong
@@johnnyboyvan that’s prime area
How do you invest in oil directly... appreciate some insight
Great explanation of Repo market on a layman's level. When repo markets are busy it's a bad sign.
So buying a gold etf at 5x leverage will give better performance than Canadian housing...interesting.
Next episode rich you should tell us about all your wall paintings 😉
Happy Anniversary! See you next week
what instrument does Ice cap use to "hold" oil?
Heres to another 3 years🎉🎉
So at 30% in taxes and DCC's....never provide housing for any government official, no matter what level of gov't they work for.
Blowout US employment numbers on video publishing day... 100,000 more jobs created than forecast... plus an upward revision in the previous month. Knowing this might have change the presenter's perspectives on where the US Fed (and by extension everyone else) is headed next with rates.
Happy 3rd birthday gents.
Yes, Steve, all non-heavy asset owners are getting completely screwed. We’re all getting screwed on the currency, they’re just well hedged. That is in essence the mechanics of the gaping wealth divide.
Why don't banks go directly to the central bank to square balance sheets overnight... what is the advantage of borrowing from other banks over the central bank?
Something I'm seeing more is onshoring manufacturing via 3d printing. That widget that normally comes from China companies are printing themselves or just using local printing companies by sending over a CAD file
42:58 Aww Gawd, they're on to us!
So what are some assets wage earners can buy?
I have been sitting on a condominium board for a high-rise in the GTA for well over a decade. We have done exceptionally well and yet our reserve fund is repeatedly reassessed to be inadequate despite the fact that we have been over contributing for over 10 years since the building went up if the economy doesn’t crash and bring down these insane building costs almost every condominium will be in deep deep shit in 10 ish years. Especially the garbage being built 2013 onwards.
First, mark this one for SK! One thing good about it lol late by a SK minute!
The reason nobody sold in 2023 is because they knew there was nothing to replace their house with, nothing cheaper for sure, and most of the overpriced garbage was left since people were trying to dump it before going underwater.
Summary... inventory up, sales down.... prices to fall.
Banks don’t trust each other anymore? 🤔 is this why some Canadian banks aren’t accepting certified cheques and bank drafts without a hold now?
+1 Keith. ZIRP is coming...dont fight the 30 year trend. Prices adjust MUCH faster to lower rates over high. As leverage and debt increases during ZIRP, there is a high chance that increasing rates even a little bit crushes. IFFFF wages increase as fast as rates then facilitating the debt can be sustained at higher rates. I see none of this for the lower 80%.
Asset owners aren't trying to "screw" anyone. They're just trying to protect themselves financially.
Let's imagine a failure case of global repo markets (extreme case, I know). I just realized that decentralized finance, from crypto, has no repo market because all transactions are final upon execution. That could become interesting. Would you agree?
I think commodities are going to be very expensive in fiat dollar terms 🧐
Happy Birthday day🎉 keep up the good work
I usually agree with Rich but on this issue that liquidity screws common people I disagree. Liquidity cycles in the system, it is true that usually the way it is injected into the system favors asset holders. However, because it is "liquid", it cycles into various economic areas including labour. So if average labour had power in the system then naturally over time liquidity will gravitate toward them. What is apparent is in that OECD average labour lost a lot of power over the last couple of decades. Why is that? Potentially 2 reasons:
1. Tech is shifting power so that non high skill generic labour isn't valued (the last two years not withstanding of course but the trend is coming back today), digital tech isn't as conducive to the homogenuity of labour needs as say industrial assembly line processes are.
2. Lack of investment in average labour, whether it is machines, training, etc. Hence you have lack of productivity gain.
But it is a greater trend than simply saying that liquidity is causing issues for the average person.
Thank you guys keep it up agree with you that we are near end of the fiat currency run . Hard to convince friends to diversify out of fiat inflatable assets
Why does a US or Canadian investor need BOTH gold and oil in their portfolio? If there's "global conflict" won't a pure gold allocation perform just as well as oil? If we just continue to have inflation without global conflict then gold should respond but oil may not. The ever-present risk with oil is one of over-supply.
Diversification across commodities is always a welcome approach. Oil is one those commodities that has much more volatility and is impacted to a greater extent by global conflict in oil producing nations or, conversely by a simple announcement by OPEC + that they are opening the taps a little more...
What you're saying is that oil is more of a trade than an investment? Gold is an investment. You can always hold it, knowing it will come back. Oil? Not so much.
BoC interest will fall to 3% fall 2025
We got 1080p boys
In the housing hot spots across Canada, I have zero idea as to why prices should go up. They may even go back to pre C-19 prices - key word is - may. Although I doubt very much that they will go that low.
It's completely insane to think 2019 prices are rock bottom.
Even in 2019 I was wondering what drugs everyone was smoking.
@@donm2067 True, thought I would toss things around
Happy anniversary 🎉❤
18:59 If rates go to zero then I want my interest-bearing central bank digital currency. Why is it that people feel entitled to capital for nothing?
LOL … Steve just laid out the failure of the Canadian housing business model
Agents call buyers investors until it collapses, then they’re speculators.
I wonder though if the condo market and preconstruction will be the first domino that leads into a larger collapse in other asset classes.
Cantillion effect in play.
I agree. Been trying to warn people here. Said people are going to be mad when their house values come off, and at the same time, everything else that you need will become increasingly more expensive. Not a good environment for overvalued asset classes. It is so obvious. A great one for undervalued and unloved asset classes though. Cantillon effect will be one of those terms that they will be talking about on this show next year as they try to explain what is happening
I’m going to eat 3 twinkies for three great years 🎉
Guys, I really need you to answer the question of what happens if every country has 200% debt to GDP. Is that just a new normal then and modern monetary theory is correct?
The monetary system blows up, everyone becomes a debt slave, and you will own nothing and be happy.
My girlfriend wanted me to “say hello to the loonie bin boys”
@@SzymonStas 😆
How did Keith, living in Halifax, become a 49'er fan?
Probably Joe Montana.
When people begin to to qualify for more as rates drop, the inventory will get swept up and prices will continue. People are stupid and don’t think. It’s a very very small portion of people actually paying attention
I fail to see how condo projects not being started is bad for housing. Aren’t we already oversupplied? Also, we know that most of those units are shoddily constructed, expensive and not large enough to house families, therefore, who exactly is being hurt except for investors and builders who don’t have other types of housing in their portfolio? The market is self-correcting, which is a good thing.
As for family-sized homes, are there any discussion during these conferences regarding the inventory that will be unlocked by Boomers over the next 10 years? I personally have many family members approaching 80 ready to unload their large homes in the next few years. Some have been waiting it out, because downsizing is expensive, but they will be forced to sell soon enough as they are struggling with the effort and cost of maintaining these homes.
Smart money not investing is a lead indicator of sentiment souring. It will mean as economic conditions deteriorate, the immigration levels will have to be capped at much lower levels in the future. If they continue to bring in too many people then the economy can support, the unemployment rate will surge, government spending will go up, productivity will become weaker, and as Canada and the US economies diverge in strength, it will spell bad news for Canada as the currency starts to tank (which will mean higher rates later into greater weakness).. Canada is in a check mate situation but it still needs more time to play out.
@@Julie-rg3mb oversupplied on a very short term basis.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Wow you give me hope
Am 49..am From Vancouver…
Please how's that possible, I'm curious
Please how do i go about it, am still a newbie on investment trading and how can I make profit?
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia
I’m sorry but Keith has a point. The world is addicted to free money. I’m starting to see things like the dude on TheMoneyGPS channel
Rich - it's Houthi not Hutsi
😄
I may be vile and pernicious
But you can't look away
I make you think I'm delicious
With the stuff that I say
I'm the best you can get
Have you guessed me yet?
I'm the slime oozin' out
From your TV set
Keith always has to brag about some hidden past trade that he got right...
Eth is way better than btc. And its canadian! You can't earn yield with btc without counterparty risk....that sucks!
28:25 😂
Wouldn't Trudeau be the bruiser in the room with his boobygate in Parliament a few years back?
11:55: Does 900 $/sqft build price include cost of over inflated land prices due to ristricted zoning? 😂. Let's do scams until we can do it no more.. 😂
But but but... Who will rent my current landlords leveraged property when i buy a property to live?
Surely those international students who are flooding in.
Chinese investment model isnt for everyone just the Chinese.
@13:06
@13:29
Every country has its own rate cut cheerleaders.
This is not new.
fourth comment! Happy Friday ladies and gents
This show is complete BS, never has it been right from the start. Now the smartest guy on the show (Rich) works for the dummest (Keith). Huge jobs report, wars and hurricanes. Get used to it, we have inflationary problems, people were bailed out and count on it going forward. Again this show is a joke, not talking about their investment portfolios (prob Keith’s idea, we are going to get sued BS) is unbelievably lame. Keith’s laziness on this show has been contagious, he’s ruined the entire show, nothing but small talk and secondary news reporting.
47:00 Gold is 3600 CAD now.
3721.18 if you want to buy a 1oz maple after premium.