The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security....
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
With all due respect I have no idea why people have been wanting to live in Toronto for the past few decades. I have family there. We used to have good times back in the 70s and '80s. But it has become just a big loud dirty annoying City. Sad
@@Joe-mz6dc I totally agree with you. T.O. in the 70's and 80's was clean and less crowded. The economy was bustling and crime was low. Twenty years later the best analogy I can come up with was T.O. was like a crumpled up pop can. Roads were crumbling and development of every square foot of land made the place feel clostrophobic.
Since 1959??? Remember the AVRO demise, as it was the largest BRAIN DRAIN in Canadian history. The world's best scientists and engineers all moved to the USA. Our national health system was beginning to fall apart back in the 70's.
Wondering where all the development fees and taxes went to in the last 30 years .? No subways , no infrastructure investment. If money was managed well we’d have trains and subways and connection hubs like union station spreading out in all directions . Look what the politicians did in the 50s to 80s , they build the subway , civic centers , public pools , etc .but it all stopped after free trade and globalization (Chinese big box stores devastating all the manufacturing jobs in GTA) They missed their chance and now it’s just a smoggy traffic jam . I know people in T. That are afraid of the TTC and cringe at the notion of driving beyond their neighborhood. Even driving in their neighborhood is reserved for non rush hour times . I left T. In 2014 because I couldn’t make it to houses to service them and couldn’t find parking for my tools and material deliveries . I hear from colleges it’s far worse now . I’m afraid to visit T. Never mind living there . This is so sad as it was a special place but now it’s a greedy , selfish corrupt jungle .
T. Is short form and shall be used by anyone who wants to . You probably pronounce the last “T” in Torono , which tells me you are the elite lefty wok or from far far away .
nothing kills rental units like bureacucracy. There are bad landlords and there are ton of bad tentants. Under no circumstances would I ever invest in a rental property and I bet I am not alone in that thought process.
I just want my money to keep outgrowing the inflation rate. That’s why i've been looking for the right companies now to invest about 150k i have packed in the bank, i hope NVDIA is the right choice. Just don't know strategies to employ to make significant gains
Choose quality stocks and follow them up. If you're not one for such complexities, hire a financial advisor to grow your money. I use the latter. My portfolio gained $47k in the last quarter.
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
It’s too much for us, One hand interest rate cut too soon Then rates too high nothing moving! Food price high, gas,rent,mortgage. We are dying here, even if people can pay for housing, lots have to make hard decisions. Our leaders can’t lead, too much laws yet you have to fight to get anything enforced. 40 goats, fuck shit! My husband experienced this goat thing. I swear it’s easy to go nuts here. We appreciate you but people are just don’t want to be act
Inflation for June will be lower due to gas prices being lower in June compared to May. Also, all this inventory pile up and sentiment drop accelerated in June, with RE and rent prices all showing signs of dropping. Not sure where soaring rent prices come from, boots on the ground being a land lord, I'm seeing rents dropping in Vancouver and North Shore.
It was the first time this year the Bank of Canada didn't lie and the 5 and 10 year yield on the Government of Canada bond shot way up and held. When the Bank of Canada lies it takes a day or two before the yield shoots back up to the level before the day they lie.
Hi Vince, sorry dont agree with you about the economy.Malls are packed ,airport is packed with folks on vaction so the rates should stay as is.We need house prices to drop ( so the next generation of kids CAN AFFORD A HOUSE.) I know there will be some people hurt by this but you have to look at the long run and see a little bit of pain NOW we be better in the long run.
That’s the point! Why would housing go down where people keep spending? I make a decent income and cannot afford to eat or or buy luxury items (anymore) or even take a vacation- everyone around me is spending money like crazy!!! Cars, clothes, food, trips… I don’t get it!! All I know is people in this country have money - whether people believe it or not - people DO have money!!
The 2,5% increase for our investors/landlords is a joke. Wondering why they are selling? Where the tenants will go? To the hotels? We can't accommodate all the lower income tenants in hotels. You don't help the investors, it's the end of the game. For everyone. Nobody will borrow money. Less taxes. Less people to renovate their investments. Less jobs. More and more will sell and invest in GIC or other things, not in real estate. Long term thinking is the best.
I put a fortune into long term corporate bonds out at 2040 and 2041. Huge mismatch now between long bond rates and all GIC rates. The converse was the case at the very start of this year.
Also Canadians need to lay off the drugs. I really ask you people was it a good idea to invest in a fucking spoiled brat to legalize drugs? The north american society and whole system is so corrupted. Americans can go after cartels and do business with cartels. Drugs are highly illegal in Latin America and China. But we go ahead and legalize drugs. At first one of the reasons to legalize weed was to reduce crime. Lmfao wtf has that even done? Reduce crime with anything to deal with weed? Do you people in Canada honestly feel better with how many dispensaries we have in this country now? Let's just face it, we can't blame Trudeau for it all. It's the people under him. It's so obvious all the tax money this country making from drugs all going to support the war. It's unbelievable the amount of money we send out this country to help others. But can't help us. In a way this country literally no different to China. The Canadian dollar to yuan is literally 5:1. But how expensive everything here is from all essentials. Aleast China is safe and you can eat. Canada freedoms of speech doesn't even fucking work bro. Just look at all the cash grab this country taking from us on traffic cameras and soon stop sign cameras. Accept and open doors to so many immigrants from other countries with no rates rightful laws to how they drive. And you bring that habits here so they milk them. Basically what north americans are doing just slaving the immigrants like they did to the chinese, Vietnamese and Arabs back in the 70s to 90s. Now just the Indians and Filipinos cause they're cheaper labour compared Canadians that work the system. Also Canadians that can't afford BMW's and other luxury cars, this is why Canada open the doors to chinese people. Why Loblaws also owns TNT supermarket. Chinese people in general do not care too much about how much food cost. Alot of money have money supported by theor family back home, alot of them are millionaires, and since alot of you guys real estate agents you probably see high number of chinese real estate agents and customers, you think the kids and students working in Walmart... etc can afford these luxuries, why Canada open the doors for them. To keep the purchase and taxes flowing in. man if some of you guys even speak chinese or immigrated from china since the 80s and 90s. You see what governments are doing.
To my mind, when you encapsulate everything, there is one core difference between ‘progressive’ liberals and conservatives. Short term thinking versus long term thinking. ‘Progressives’ / liberals try to pull everything forward and sew the advantage for today. Encasing themselves in the same problems pf past generations. Conservatives understand history, and that these ‘progressive’ policies are nothing new and / or progressive. Most things to humans end up being a matter of psychology and EQ, and it takes some commitment to read the last few thousand years of history, but these peaks and through occur time and time again. History rhymes. So being austere and structural about consistency of growth versus absolute growth is the way to go if you want to build an economy that works in the favour of everyone for long periods of time. It can all be summed up as such. Humans are their own worst enemies 100% of the time, bc we’re dealing with nothing but bountiful resources.
@@tombrodzinski157 The renters never pay their rent anywhere in all of Alberta. I've owned placed in every city there. They always skip out on the rent.
Our generation had courrption based education system that was replaced with unlimited tutors itll be harder to forced homeless poverty and thus single women as well as the lure of having lavish goods compared to heart broken even matched up poverty - willy 0
Buddy believe you me I’m no Olivia Chow fan but you’re delusional if you don’t think renovictions are still a thing despite there being some protection for tenants already. I’ll give her her flowers for this one thing
Cant compare to healthy wages for everyone compared to before where they just fuck up school when the passing rates a natural 100% for the population every time they dont unlimited tutors will do fine - willy 0
Theyre doing that crap on purpose to keep there kids wealth special and everyone elses kids wealth useless because the passing rate has been brought back up to all the kids with unlimited tutors - willy 0
That's the worst possible time to buy. The idea is to buy while interest rates are high like in 1981. Prices will be at least 50 percent higher if there's a recession. Too many people don't need to work for a living in Canada and will drive prices to the moon when rates fall in a recession.
Great point. Can anyone confirm how much it costs to replace one of the plastic Ballard’s? My guess is $300-$400 each. Also,are they just throwing them in the garbage?
I would vet any positive of goat mowing is more than negatively balanced with all of the expense and emissions needed to haul temporary fencing and moving it around not to mention the animals themselves
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security....
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?
Toronto has been on the decline for decades but Chow is the final nail in the coffin
With all due respect I have no idea why people have been wanting to live in Toronto for the past few decades. I have family there. We used to have good times back in the 70s and '80s. But it has become just a big loud dirty annoying City. Sad
@@Joe-mz6dc
I totally agree with you. T.O. in the 70's and 80's was clean and less crowded. The economy was bustling and crime was low. Twenty years later the best analogy I can come up with was T.O. was like a crumpled up pop can. Roads were crumbling and development of every square foot of land made the place feel clostrophobic.
Since 1959??? Remember the AVRO demise, as it was the largest BRAIN DRAIN in Canadian history. The world's best scientists and engineers all moved to the USA. Our national health system was beginning to fall apart back in the 70's.
@@randyhuke3773 Only up to the mid 1980's when the immigrants started flooding into Canada.
Wondering where all the development fees and taxes went to in the last 30 years .?
No subways , no infrastructure investment.
If money was managed well we’d have trains and subways and connection hubs like union station spreading out in all directions .
Look what the politicians did in the 50s to 80s , they build the subway , civic centers , public pools , etc .but it all stopped after free trade and globalization (Chinese big box stores devastating all the manufacturing jobs in GTA)
They missed their chance and now it’s just a smoggy traffic jam .
I know people in T. That are afraid of the TTC and cringe at the notion of driving beyond their neighborhood.
Even driving in their neighborhood is reserved for non rush hour times .
I left T. In 2014 because I couldn’t make it to houses to service them and couldn’t find parking for my tools and material deliveries .
I hear from colleges it’s far worse now . I’m afraid to visit T. Never mind living there .
This is so sad as it was a special place but now it’s a greedy , selfish corrupt jungle .
Money went to stakeholders projects and virtue signaling initiatives. Feel good vs results
The fees and taxes went to bureaucrat wages and pensions.
Stop using that idiotic term for Toronto.
T. Is short form and shall be used by anyone who wants to .
You probably pronounce the last “T” in Torono , which tells me you are the elite lefty wok or from far far away .
hydro, sewers, streets, TTC etc.. stop wondering so much
We need abolish the Senate its not needed and an expense we can't afford anymore.
nothing kills rental units like bureacucracy. There are bad landlords and there are ton of bad tentants. Under no circumstances would I ever invest in a rental property and I bet I am not alone in that thought process.
I just want my money to keep outgrowing the inflation rate. That’s why i've been looking for the right companies now to invest about 150k i have packed in the bank, i hope NVDIA is the right choice. Just don't know strategies to employ to make significant gains
QCOM, AMD, NVDA are all good buys.
Choose quality stocks and follow them up. If you're not one for such complexities, hire a financial advisor to grow your money. I use the latter. My portfolio gained $47k in the last quarter.
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
Olivia Chow is an absolute gongshow. She is exactly what any intelligent person would have expected. Looks good on Toronto.
lol mayor Wang Chow and her goats. What a clown show.
Send rent to $8000 a month will see if wages can keep up, it’s all going to shit, all will be fucked
Excellent points.
It’s too much for us,
One hand interest rate cut too soon
Then rates too high nothing moving!
Food price high, gas,rent,mortgage.
We are dying here, even if people can pay for housing, lots have to make hard decisions. Our leaders can’t lead, too much laws yet you have to fight to get anything enforced.
40 goats, fuck shit!
My husband experienced this goat thing. I swear it’s easy to go nuts here.
We appreciate you but people are just don’t want to be act
Canada is headed for hyperinflation.
Inflation for June will be lower due to gas prices being lower in June compared to May. Also, all this inventory pile up and sentiment drop accelerated in June, with RE and rent prices all showing signs of dropping. Not sure where soaring rent prices come from, boots on the ground being a land lord, I'm seeing rents dropping in Vancouver and North Shore.
It was the first time this year the Bank of Canada didn't lie and the 5 and 10 year yield on the Government of Canada bond shot way up and held. When the Bank of Canada lies it takes a day or two before the yield shoots back up to the level before the day they lie.
Hi Vince, sorry dont agree with you about the economy.Malls are packed ,airport is packed with folks on vaction so the rates should stay as is.We need house prices to drop ( so the next generation of kids CAN AFFORD A HOUSE.) I know there will be some people hurt by this but you have to look at the long run and see a little bit of pain NOW we be better in the long run.
That’s the point! Why would housing go down where people keep spending? I make a decent income and cannot afford to eat or or buy luxury items (anymore) or even take a vacation- everyone around me is spending money like crazy!!! Cars, clothes, food, trips… I don’t get it!! All I know is people in this country have money - whether people believe it or not - people DO have money!!
The 2,5% increase for our investors/landlords is a joke. Wondering why they are selling? Where the tenants will go? To the hotels? We can't accommodate all the lower income tenants in hotels. You don't help the investors, it's the end of the game. For everyone. Nobody will borrow money. Less taxes. Less people to renovate their investments. Less jobs. More and more will sell and invest in GIC or other things, not in real estate. Long term thinking is the best.
I put a fortune into long term corporate bonds out at 2040 and 2041. Huge mismatch now between long bond rates and all GIC rates. The converse was the case at the very start of this year.
Also Canadians need to lay off the drugs. I really ask you people was it a good idea to invest in a fucking spoiled brat to legalize drugs? The north american society and whole system is so corrupted. Americans can go after cartels and do business with cartels. Drugs are highly illegal in Latin America and China. But we go ahead and legalize drugs. At first one of the reasons to legalize weed was to reduce crime. Lmfao wtf has that even done? Reduce crime with anything to deal with weed? Do you people in Canada honestly feel better with how many dispensaries we have in this country now? Let's just face it, we can't blame Trudeau for it all. It's the people under him. It's so obvious all the tax money this country making from drugs all going to support the war. It's unbelievable the amount of money we send out this country to help others. But can't help us. In a way this country literally no different to China. The Canadian dollar to yuan is literally 5:1. But how expensive everything here is from all essentials. Aleast China is safe and you can eat. Canada freedoms of speech doesn't even fucking work bro. Just look at all the cash grab this country taking from us on traffic cameras and soon stop sign cameras. Accept and open doors to so many immigrants from other countries with no rates rightful laws to how they drive. And you bring that habits here so they milk them. Basically what north americans are doing just slaving the immigrants like they did to the chinese, Vietnamese and Arabs back in the 70s to 90s. Now just the Indians and Filipinos cause they're cheaper labour compared Canadians that work the system. Also Canadians that can't afford BMW's and other luxury cars, this is why Canada open the doors to chinese people. Why Loblaws also owns TNT supermarket. Chinese people in general do not care too much about how much food cost. Alot of money have money supported by theor family back home, alot of them are millionaires, and since alot of you guys real estate agents you probably see high number of chinese real estate agents and customers, you think the kids and students working in Walmart... etc can afford these luxuries, why Canada open the doors for them. To keep the purchase and taxes flowing in. man if some of you guys even speak chinese or immigrated from china since the 80s and 90s. You see what governments are doing.
I love your work ..but I will kindly request you to start using a mic . It is really hard to hear you.
Goats fart, ffs what next lol
To my mind, when you encapsulate everything, there is one core difference between ‘progressive’ liberals and conservatives. Short term thinking versus long term thinking. ‘Progressives’ / liberals try to pull everything forward and sew the advantage for today. Encasing themselves in the same problems pf past generations. Conservatives understand history, and that these ‘progressive’ policies are nothing new and / or progressive. Most things to humans end up being a matter of psychology and EQ, and it takes some commitment to read the last few thousand years of history, but these peaks and through occur time and time again. History rhymes. So being austere and structural about consistency of growth versus absolute growth is the way to go if you want to build an economy that works in the favour of everyone for long periods of time. It can all be summed up as such. Humans are their own worst enemies 100% of the time, bc we’re dealing with nothing but bountiful resources.
Unfortunately, inventory is not on the rise here in Alberta (Calgary and surroundings)... 🙄
Good if you are the landlord.
@@tombrodzinski157 The renters never pay their rent anywhere in all of Alberta. I've owned placed in every city there. They always skip out on the rent.
Playback speed 1.5x
Don't be mean
Best decision I made was to leave TO for Calgary after graduating UofT in the 90s. What a shit show TO has become to live in.
Leaving the country makes more sense as you won't end up in a body bag from freezing to death in Calgary.
Does cutting immigration require legislation? Can Senators block an immigration cut?
Came for the market update and real estate, but got politics.
It’s almost the first of July Canada Day and that day is moving day as well for Canada ! Rent prices always shoot up now
Poison doesnt even hurt that much with active groceries to be honest addictions have worse affect without groceries as well - willy 0
Hey my favorite t-shirt!!!!!
Always great information
Our generation had courrption based education system that was replaced with unlimited tutors itll be harder to forced homeless poverty and thus single women as well as the lure of having lavish goods compared to heart broken even matched up poverty - willy 0
Edit this crap
Bubble crash sell 😂🎉
Buddy believe you me I’m no Olivia Chow fan but you’re delusional if you don’t think renovictions are still a thing despite there being some protection for tenants already. I’ll give her her flowers for this one thing
Chicken Chow Main.
@@parkerbohnn what does this even mean besides just not funny racist joke? Jesus start the flood man this world is done for
Inflation is caused by all that and a batch of cornflakes you even say on purpose that is - willy 0
Cant compare to healthy wages for everyone compared to before where they just fuck up school when the passing rates a natural 100% for the population every time they dont unlimited tutors will do fine - willy 0
Theyre doing that crap on purpose to keep there kids wealth special and everyone elses kids wealth useless because the passing rate has been brought back up to all the kids with unlimited tutors - willy 0
You don't make sense bro
God forbid jobs for the homeless see alberta lets you put the homeless sheltet as an address so you can work without rent- willy 0
I will not consider jumping into the housing market until after the coming recession. I think the bubble is going to pop big time.
That's the worst possible time to buy. The idea is to buy while interest rates are high like in 1981. Prices will be at least 50 percent higher if there's a recession. Too many people don't need to work for a living in Canada and will drive prices to the moon when rates fall in a recession.
@@parkerbohnn Big big price cuts coming. Like 2008 in the States.
Dropping interest rates brings on inflation and drops in the Canadian dollar.
It also causes runaway inflation leading to hyperinflation.
justin T is worse PM of Canada . resign. vote wisely
I agree, why not use steel guardrails instead, they're easier to see than plastic bollards and last a lot longer.
Great point. Can anyone confirm how much it costs to replace one of the plastic Ballard’s? My guess is $300-$400 each. Also,are they just throwing them in the garbage?
I would vet any positive of goat mowing is more than negatively balanced with all of the expense and emissions needed to haul temporary fencing and moving it around not to mention the animals themselves
Dead beat renters need to rent from , dead beat Landlords , see how that works for them !!!
I bought hundreds of homes in America for the simple fact the renters pay at the end of the month unlike in Canada.