Finally someone is not BS and telling it as it is

This guy has some really good points, especially about the Canadian Dollar going down big time.

Great analysis, thanks! 👍

STAGFLATION. High unemployment, rising inflation and lower GDP.

It needs to raise rates by 5% more or kiss the dollar goodbye

@jonh537

15 күн бұрын

@@bilko_4732lol what’s next weeks lottery numbers? Dork

Calm, sober, and factual... what most Canadians want to ignore. (But the banks told me I'm richer than I think!)

Canada should NOT lower rates. We should keep them as is or even go higher. We can't stop kicking the can down the road.

@jtome84-91

22 күн бұрын

Haha you’ll probably lose your job first !

@itzzzzi2

22 күн бұрын

@@jtome84-91they are smoking will wale up only after losing job

@JJs_playground

22 күн бұрын

@@jtome84-91 / @itzzzzi2, so when do you guys think we should tackle the problem of inflation and unaffordable housing?

@APICSKH

21 күн бұрын

@@jtome84-91did you see recent job numbers? Canada created more than 90K jobs last month. I bet 99% are government jobs😂

@jtome84-91

21 күн бұрын

@@APICSKH fake news those jobs were mostly part time and or government bloat .

Some facts finally

Lower it? They should raise it more.

@Mehmed317

22 күн бұрын

Yeah raise it cause we have so much private sector workers. Maybe liberals can then hire them as public workers.

@JessT-vg7ib

22 күн бұрын

@@Mehmed317 hiring more public services workers is a wonderful idea

@Mehmed317

22 күн бұрын

@@JessT-vg7ib once you raise interest rates higher, those will be only jobs created.

@JessT-vg7ib

22 күн бұрын

@@Mehmed317 theres already tons of openings...u shoulld apply

@Mehmed317

22 күн бұрын

@@JessT-vg7ib I am an entrepreneur. Not here for the government charity work.

Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?

@annamink6329

22 күн бұрын

Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people

@bellajobb655

22 күн бұрын

I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.

@clarabekkings5505

22 күн бұрын

To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!

@johnsonstrapsman8

22 күн бұрын

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.

@dennishubert1595

22 күн бұрын

I think I want to try out a financial advisor, but the amount of information on the internet is overwhelming. Could recommend any good one(s)?.

If bank of Canada lowers mortgage rates will do more harm than good .they can kiss home affordability good bye....

@jakohema8429

22 күн бұрын

interest rate nathing to do with home affordability its more for economy and spending less for consumer to control money flow. but lowering the rate mean more productive we can bring to Canada and more job creation.

I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

@EddyAgnes-vy4kp

22 күн бұрын

I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

@Jersderakerguoe

22 күн бұрын

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

@ScottKindle-bk3hx

22 күн бұрын

This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

@Jersderakerguoe

22 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@jones9-

22 күн бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Who wants to lower rates too far anyway...if you devalue our dollar the cost of buying imports goes up which increases inflation again. Sure our exports will do better, but a super low dollar is something you don't want...for our dollar will fail to be haven of stability for foreigners to buy into.

It will only be stable, or it will go up, and it won't decrease for probably years.

Your guest makes some great points. That's why most countries can't "print" as they're held in check by the bond market. BTW, we don't have state income taxes here in Florida.....thought I would mention that ;) lol

Tinkering with interest rates will Not change the economic crises in Canada.

Just buy GICs. If 6% prime rate is a problem, considering that is still low, it just means you took out too much debt. You should only buy what you can afford. Follow the rules and you'll be fine. The goal is to control inflation. The lower the rate, the risk of increasing inflation. Why do you think inflation has been dropping? Having a hot economy is good and bad

caller! Canada is a mature economy with sr managers that don't hold MBA's...is that true because that's a big short.

It will limit our ability to go on vacation ??? What about going bankrupt and losing your house because your mortgage went from $2000 a month to $5000 ? Oh and can’t forget paying for your house insurance for your place in Florida . I wonder if he realizes how out of touch he sounds ?

U need to sync your audio

Assuming interest rates are going lower. The promise of 'rate cuts' is evolving into a bit of a con to pump stocks and lure in buyers

The global market is never wrong. The Cdn. dollar is going down because Canada is grossly mismanged.

Wow. People are clearly desperate. Recession incoming.

Lower rates I don’t care about investments I just don’t want to starve to death.

@TT-fq7pl

22 күн бұрын

But won't lower rates increase inflation and therefore the cost of living?

@WilliamCloud9

22 күн бұрын

If they lower too fast then they will just have to re raise them to double digits like the 80’s

@stephenphillips6245

21 күн бұрын

​​@@TT-fq7pl also drives foreign investment into our dollar and country. Will impoverish the productivity of our country.

There is no limit. Cad is manipulated. Should be at 85c USD at least now.

@jeffreyl2598

22 күн бұрын

😂😂😂 Hell no. Canada doesn't make shit

Stop liberals and NDP useless spending 😢😢

Gold stocks are undervalued compared to gold prices, wait for earnings and gold stocks will skyrocket and not to mention bad market news that will blast them higher up!! Buy GOLD STOCKS…

No interest rate cuts are coming its a talking point to avoid panic what's coming is a depression thanks Justin trudeau

@TT-fq7pl

22 күн бұрын

Yes, he has an immense control over world economic issues. The most influential politician in history!

If rates don’t go down we definitely need a new government cost of living in Canada is just unbearable.

@Captain0Newman

22 күн бұрын

If rates go down, then the canadian dollar drops below 60 cents US. And your cost of living stays bad bro... cutting rates does literally nothing to help cost of living. ALSO I agree trudeau sucks but he doesnt control the rates... bank of canada controls rates. So youre literally wrong in several different directions lol

@dailydrivenmuscle.

22 күн бұрын

​@Captain0Newman yup, if anything increase interest rates. People shouldn't have overpaid for some dirt and drywall.

@bdegrds

22 күн бұрын

Inflation is a global problem not a Canadian one. Canada is getting through it better than most.

@bdegrds

22 күн бұрын

​@dailydrivenmuscle. Yup you are definitely a jealous renter lol

@prinnyexplodes

22 күн бұрын

​@@bdegrdsI mean we are getting our ass kicked by Mexico. We are definitely the least desirable currency in North America.

Thank Christ we have the Liberals in power. I can't imagine how hooped we'd be if we had austerity.

@TT-fq7pl

22 күн бұрын

Austerity is just the Conservative word for cutting public services while increasing profits for the wealthy.

Sure. Anyone reading along who searched me: Whatever u tell yourself. I know i am not crazy:) Isnt it funny... i talk all night intentionally til fabio sent me a message that said i need to shut up. That is just one of many reasons. I talk at home how u are are a cult and next moment u make a ramble about cults. I take a pic of my papaya salad and u comment papaya salad. There are more. I will sue you. This is how i know for sure. And i got witnesses and am not alone. I also will find the other witnesses that u screwed. I would explain. I know i gave u a week. But guess i should cut it in half? U not gettin away:) Did i mention she hacks listeners and makes em think they are crazy? There is nothing u can hide from. I would cease it immediately if i was you. I never wanna see u do this again to anyone.

Just look at Japan. Their curreny is done. No one wants to invest in Japan when you get better return else where.

@Mehmed317

22 күн бұрын

That’s incorrect. Weaker Yen boosts their exports because they can sell at lower prices than their competitors. Second of all do you buy YEN currency at its lows or USD at its highs? What will happen now if you invest in USA and they start cutting rates and their currency softens. Even if you have some gains, by the time you realize it at your own currency, you will be at loss.