I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
They been prodicting a rate cut since the first rate hike. Like warran buffet said these people have no clue what they are doing. I think they are 0 for 12 predictions.
@@vert911 Can't tell you. I am enjoying the media shows. I said rates would go up in 2021. But the media has its own sayings and would copy. I am a bystander and watching the Canadian economy movie.
No cuts needed - housing ponzi bubble needs to pop if young people are to have a future. Also, if CAD goes lower (as US Fed isn't cutting anytime soon) - we will see inflation in grocery prices.
The rest of the world has started to cut rates and Canadians are not as financially stable as the US. Cdns are heavily leveraged. This problem was brewing for a long time.
@@Sheer-opulence9 canada should hike 200bps and destroy the asset bubble before it brings down the country. or do the boomers need to have one last bender before handing us the bill?
They will cut, it won't cause inflation because houses are still priced like rates are way lower and most people will still be renewing existing mortgages at higher rates even if they cut multiple times. Most of the pain from raising rates hasn't been felt yet unless you are on a Scotiabank variable mortgage or a first time home buyer
BOC won’t cut rates until it’s too late. We already have some of the biggest companies in the world cutting 10%-15% of their work force. Microsoft, Amazon, Google, Tesla etc all firing people. The impact of these layoffs on our economy won’t show up until a year from now.
Isn't it true only 10% of Canadian mortgage holders who are on variable? Also, won't this sink the Canadian $? Won't that make a bunch of other stuff more expensive?
@@nikoprsnds actually, no lenders would approve me for a fixed. My broker could only get variable. So no decision, no regrets. Now, instead of a 600k property appreciating the next 2 years, it will be equity percentage gain on 1.1m. You renting?
@@davidlepoidevin4239 lmfao. You think 1.1m property will be worth 400k? Are you a renter and convincing yourself of this dilusion helps you sleep? ALL property is going up in price, even before rates lower.
@@whereitsat350 If economic numbers keep increasing and decreasing at their current trajectories, why wouldn't there be 8 or so consecutive small rate decreases? The effects of them wont even be felt for a year. In that time Unempoloyment will rise and inflation will lower.
I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Ethan Grayson is one of the finest portfolio managers in the field. He's widely recognized; you should look him up.
I appreciate this info.
They been prodicting a rate cut since the first rate hike. Like warran buffet said these people have no clue what they are doing. I think they are 0 for 12 predictions.
Not secret knowledge. Just year 2 economics. But I am not sharing it.
Time to buy real estate and get rich.
There is no rate cut. People are looking at the wrong things.
whats the right thing?
@@vert911 Can't tell you. I am enjoying the media shows. I said rates would go up in 2021. But the media has its own sayings and would copy. I am a bystander and watching the Canadian economy movie.
@@josephsmith594 I know. So I am watching the wish rates would be be cut a lot movie.
@@josephsmith594They could have held them there, or went negative.
$10 Canadian dollar for a big mac on McDonald's menu soon if BoC lower interest rate 🎊👏👏👏👏🎊
We're dying in Canada
No cuts needed - housing ponzi bubble needs to pop if young people are to have a future. Also, if CAD goes lower (as US Fed isn't cutting anytime soon) - we will see inflation in grocery prices.
The rest of the world has started to cut rates and Canadians are not as financially stable as the US.
Cdns are heavily leveraged.
This problem was brewing for a long time.
You nailed it!
@@Sheer-opulence9 canada should hike 200bps and destroy the asset bubble before it brings down the country. or do the boomers need to have one last bender before handing us the bill?
@@Sheer-opulence9 lol what
@@Sheer-opulence9 None of the western world has started cuts. Were not Europe
Are they nuts!? Rhetorical question ; )
No. Increase rates pls.
Decrease rates increase rents instead
Hahaha they just lowered rates. You are sooooo stuck
Nice! They just lowered
Ask the question who is looking for the cut and why are they?
Remember what you wish for if BOC start rate cut tomorrow…things are already so expensive and inflation will come go back up very quickly
shut , dont tell them
LMAO.
all poor people think there's always too much inflation.
They will cut, it won't cause inflation because houses are still priced like rates are way lower and most people will still be renewing existing mortgages at higher rates even if they cut multiple times. Most of the pain from raising rates hasn't been felt yet unless you are on a Scotiabank variable mortgage or a first time home buyer
I am on Scotia variable, jumped to 4500 from 2500
BOC won’t cut rates until it’s too late. We already have some of the biggest companies in the world cutting 10%-15% of their work force. Microsoft, Amazon, Google, Tesla etc all firing people. The impact of these layoffs on our economy won’t show up until a year from now.
It should stay the same based on the economy. If you can't afford your places. Who told you to take a place on with all that debt
What type of society that watching the bank of Canada or FED mouth like slave watching what master will say
Isn't it true only 10% of Canadian mortgage holders who are on variable? Also, won't this sink the Canadian $? Won't that make a bunch of other stuff more expensive?
im on variable. its time for the rest of you to renew into 5 percent fixed for 5 years while my variable drops to 3 in january
@@vert911not our fault you made a bad decision.
@@nikoprsnds actually, no lenders would approve me for a fixed. My broker could only get variable. So no decision, no regrets. Now, instead of a 600k property appreciating the next 2 years, it will be equity percentage gain on 1.1m. You renting?
600 to 1.1! Or more likely to 400k
@@davidlepoidevin4239 lmfao. You think 1.1m property will be worth 400k? Are you a renter and convincing yourself of this dilusion helps you sleep? ALL property is going up in price, even before rates lower.
If housing bubble pops people are screwed. That’s way the bubble won’t pop the banks and the government won’t let that happen,
Rate cuts! WOW!!!! These guys want the housing market to pass the moon.
I'm going to laugh at everyone when they hold rates.
Cut and the houses prices will go up even more
Lol. He ends with, Inflation has nothing to do with prices.
Well I guess Canadians will be saved if they drop the rate by 1/4 of 1%...smh
no, but after 8 of them yes
@@vert911lol 8 rate cuts. 0.75 cuts this year at best
And 85% of all mortgages are fixed. There is still a 1% spread on fixed vs variable
@@vert911 Don't hold your berth ...8 aint coming...
@@whereitsat350 If economic numbers keep increasing and decreasing at their current trajectories, why wouldn't there be 8 or so consecutive small rate decreases? The effects of them wont even be felt for a year. In that time Unempoloyment will rise and inflation will lower.
@@Yelllowchild7 the 1% will flip in the next 12mo. 0.75 as we both agree means 3 more this year and 5 in 2025.
😂
Cut the rate, tank the currency - STAY THE COURSE, NO CUTS 'TIL 2026!
buy RBC stock not BMO lol
i own both