We are in the denial stage, potentially complacency for some. But steve is in denial. Euphoria, over bidding > complancency > denial > anxiety > panic > capitulation > bottom of market.
we have generation of real estate investors/buyers who never experienced bear real estate market, they think that if price drops few % points that was all needed to bring back mass of buyers/investors back, I'm sure that books will be written in future about this bubble, it's not as high as 90's Japanese run but it's getting close in Vancouver area for sure
Steve don't worry about no units completing in 2029-30. There will still be tens of thousands of unsold units from current inventory available for sale come 2029....
I don't see single-family housing increasing in price next year, unless the Canadian economy improves substantially. Which I suppose it could, but I don't think Pierre being elected prime minister will magically fix everything like some people seem to.
Outside the GTA and Vancouver, i think you're right. But as for the GTA and Vancouver, the supply issue may cause price increases. I'd say stagnation is the worst-case scenario. Obviously, if you factor in inflation and a further decline in the dollar, then a proportional decline is possible.
@twinsiesyt with the dollar dropping, economy tanking, possibletrade wars with the US and unemployment hitting new highs how could it not be the perfect time to lock in some Canadian real estate. /sarcasm
Canada has entered the Japanification era of our real estate. Japan peaked prices in the late 1980’s then stagnated those prices until where presently; 35 years later the dollar amount is the same as the 1980’s prices but the value of the Japanese Yen has depreciated greatly. Canada’s real estate will stagnate prices and our dollar will continue to devalue so in effect housing cost relative to local incomes will eventually return to the 3-5 times local incomes as for the next couple of decades Canadians will demand raises even with high unemployment as the devaluing dollar makes everyone poorer as house prices stay the same. Eventually the median local incomes in 15 years will become $250,000 and a home will still be around a million dollars so that housing is affordable once again yet on a per capita basis Canadians are far worse off. China, Europe and others are all heading into the same scenario due to global population projected to start declining before 2050 with China and European countries already losing millions of citizens per year due to low birth rates adding up from 20 years ago. It’ll be kind of nice to see the strains on infrastructure etc. start to ebb as population starts decreasing and Canada will have to adjust to these realities.
Japan isn’t third in the world for oil reserves with the U.S. as their neighbour. It’ll be bleak for sure but there are opportunities if Pierre pulls it off right.
@@jamesheron2282 japans population is shrinking by 1 million annually. Canada’s is growing by 1 million. Not sure this is an apples to apples comparison
Book recommendations: The Revolt of the Public by Martin Gurri, The Parasitic Mind by Gad Saad, Philip and Alexander by Adrian Goldsworthy, The Devil in the White City by Erik Larson, and Red Rising by Pierce Brown.
Rich, if you truly like your financial history, and want a great set of books that dove tail. Devil's chessboard- David Talbot. Tower of Basel- Adam Lebor After you read those 2, maybe just maybe questions will be spicy 🔥
With more currency debasement coming and minimal new SFH construction (especially detached), increased prices for SFH makes sense, even if just on a nominal basis.
Congratulations! All 3 theories were correct and for sure the highest probability is the Rich's one. US stocks investors are playing with fire big time. 30% down would be wild, but possible. For real. I can see that happening, even at a low probability.
Here because Saskatchewan does exist! 😂🎉 Thanks for the awesome podcast that gives real insight to the Canadian economy and much much more! Happy New Year, let’s make 2025 a blow off top of a year!🎉😂
Steve, if the "general consensus" is the market still has further to fall, then prices will continue to fall. Those are the market participants after all. Since 2000: Gold +800%, Real Estate +250% Why has real estate gotten all the hype? Ive literally bought gold, held it in a safe and outperformed RE by nearly 4x. *shrugs*
@@tyt5603 Real estate gains are magnified because you can secure 5x leverage, it’s also tax free for your primary residence. So yes, most people have made significantly more investing in real estate than gold.
Great show today guys you are on target with probabilities of negative outcomes one or a combination of those factors mentioned I think will come to pass by years end
Steve, what is the historical norm for annual number of condos sold in the GTA when rates are positive aka excluding the 13ish years of ZIRP we just went through? Merely curious. This could still lead to a further supply shortage seeing as you’ve had guests outline that we have the population boost, a mandate to reduce that, but we still have a systemic shortage and we have no means of determining if let’s say a TFW or student has left the country. We also have a generation+ of young people also competitions for entry. TL;DR - what’s the pre ZIRP historical annual norm for condo sales in the GTA?
What about rising unemployment Steve? What about flat economic growth? What about the abrupt halt of the population ponzi that we call immigration? What about an absolutely over inflated asset bubble that hasnt been popped in three decades and the decoupling of prices relative to median incomes? What about pre-existing supply? You talk about new developments like its the only catalyst that determines the direction of the housing market but what about all the idiots that are waiting to list their over priced plywood piles in spring because they think the market is going to "bounce back" all at the same time effectively over supplying the market all at once? You could make a base case for any direction to confirm your own bias if you want the outcome to align with your desires badly enough.
You are clearly not involved in the housing market. It's been steadily picking up over past 6 months on lower mainland bc and I have a line up of investors waiting for new inventory. Been in this game a long long time and it's very clear the pressure is building and prices are going to continue to rise. Give you an example.. I just sold a rat infested townhouse that needed a new roof in the worst part of chilliwack bc (street people literally sleeping on the front yard, property theft major issue). Sold it for 55k over asking to an investor from India sight unseen. This unit sat on the market for 200 days through late 23 early 24. Things are looking up
@@realitysells2299 He also said its not his base case for housing, and that it is a low probability event. Steve is one of the most bearish realtors around. Not sure why you're getting worked up so much.
@@fillmorehillmore8239 the Euro was not bound to live to long anyways. Large argumentative families never work well together, especially when the drunk uncle steals the bank account.
I think other than TO condos, home prices will continue declining modestly, or stagnating for 10-20 years to allow incomes to rise enough to reasonably afford to purchase one.
The capital gains increase legislation is caught up in this prorogation today. It was never introduced or voted on. I hope it never passes under a new conservative government.
Does anyone do a deep dive on demographic data to upset the real estate market. If we shutout immigration are we going to see a steep decline as boomers die?
Would definitely see a decline because Canadians aren’t having more babies than people dying. A lot of single family homes will come to the market as the boomers die out and I don’t see buyers paying a premium for those homes that haven’t been updated or maintained in decades.
11% mortgage interest rates as bonds continue to detach from short term BoC control. The risk premium will dominate, who would lend into a crashing market.
Rich: One of my all time favourite book recommendations is Seven Eves by Neal Stephenson. It is Scifi, and it broke me so I can't take any other scifi seriously... Seven Eves makss them seem so childish and unimaginative. Also, this book was one of the few times literature could actually make me feel horror.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Book suggestion: The Trading Game by Gary Stevenson. Great book and his ideas on economics of inequality contain tons of insights, not just socialist cliches.
I just saw an interview with David Rosenberg. The guy as best as he could muster has thrown in the towel on being a Bear. What does this say? I don’t know but it certainly different to see.
A few things are not adding up here, consumer staples and cyclicals are breaking down (see XLP and XLY) energy XLE is weak, yet TLT is making new lows almost everday. Someone is lying here, bet accodringly. The boomer might have a case here.
May I suggest you take a chart of every currency vs gold for the last 10 years and showed it to your audience. This will tell them what is going on...oh look yesterday I made over $50 CAD per ounce coin !!
Rich comment about stocks dropping and spending will drop with it . I get the mindset. But if you wanted to check that mindset, look at 2022 when stocks especially tech stocks came way down and was low for a year. I wonder what consumer spending was during that time . I have a feeling it was still going like crazy lol. Seems like nothing is stopping these markets man .
14:01 Steve, it should be RHEtoric not rheTOric, you’re putting the emPHAsis on the wrong sylLAble. Happy New Year and thanks for all the great content!
With all the development and upzoning happening the prices should stagnate. With interest rates coming down, this will make affordability much better. Couple this with Canada's very low birth rate and temporary visa holders leaving, my prediction is that housing is more affordable a year from now.
Question #1. Instead of pontificating about Canada’s pathetic economy and housing market, answer this on scenario. What would Vancouver and Toronto real estate be worth if the border was gone? My analysis is it would collapse to proper values instead of the BS PONZI prices Canada banks, govs, real estate businesses have pimped it too. In other words take your pathetic income and do the math to USD. Then you will have the real value of the disaster called Canada today
!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Being in the discord and starting trading is literally changing my life. I'm starting witha small $2,000 account but I got it up to $19,600 in one week! Not a lot of money but that's a big growth for me.🎉🎉
Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
Steve should not have said 29:03 I know he used the word almost but that won't age well. Trust me, I'm a speculator ;) Edit: Glad you added that it's low probability. I don't think Richard + Keiths predictions are low probability.
We are in the denial stage, potentially complacency for some. But steve is in denial.
Euphoria, over bidding > complancency > denial > anxiety > panic > capitulation > bottom of market.
Keep dreaming bruh nothing going to happen
we have generation of real estate investors/buyers who never experienced bear real estate market, they think that if price drops few % points that was all needed to bring back mass of buyers/investors back, I'm sure that books will be written in future about this bubble, it's not as high as 90's Japanese run but it's getting close in Vancouver area for sure
@@tonys7839 whenever the consensus is that a market can not crash for reason x o y, it is a certain indicator that it will
Steve don't worry about no units completing in 2029-30.
There will still be tens of thousands of unsold units from current inventory available for sale come 2029....
And where do you figure those displacement sellers will be. Just vanished?
Starts 8:10
😂
For the loser perma bears, which is 80% of this audience, yes 😂
@James-il3tq 😆
Rates are going to spike.
The realtor in this podcast is one if the 1.2 million who are resetting this year.
Wonderful projecting Steve.
@@hill4377 I am not renewing this year. Appreciate your concern though
Got 'em@@saretsky
HAPPY NEW YEAR🎉
Looking forward to all the podcasts this year.
Happy new years! To a great year to come 🎉
First!
I don't see single-family housing increasing in price next year, unless the Canadian economy improves substantially. Which I suppose it could, but I don't think Pierre being elected prime minister will magically fix everything like some people seem to.
💯 they will drop
Outside the GTA and Vancouver, i think you're right. But as for the GTA and Vancouver, the supply issue may cause price increases. I'd say stagnation is the worst-case scenario. Obviously, if you factor in inflation and a further decline in the dollar, then a proportional decline is possible.
I hope you are not renting.
Buy while you can.
RE market is already busy here in the Okanagan BC.
Haha it is not, i live here @twinsiesyt
@twinsiesyt with the dollar dropping, economy tanking, possibletrade wars with the US and unemployment hitting new highs how could it not be the perfect time to lock in some Canadian real estate. /sarcasm
Canada has entered the Japanification era of our real estate. Japan peaked prices in the late 1980’s then stagnated those prices until where presently; 35 years later the dollar amount is the same as the 1980’s prices but the value of the Japanese Yen has depreciated greatly. Canada’s real estate will stagnate prices and our dollar will continue to devalue so in effect housing cost relative to local incomes will eventually return to the 3-5 times local incomes as for the next couple of decades Canadians will demand raises even with high unemployment as the devaluing dollar makes everyone poorer as house prices stay the same. Eventually the median local incomes in 15 years will become $250,000 and a home will still be around a million dollars so that housing is affordable once again yet on a per capita basis Canadians are far worse off. China, Europe and others are all heading into the same scenario due to global population projected to start declining before 2050 with China and European countries already losing millions of citizens per year due to low birth rates adding up from 20 years ago. It’ll be kind of nice to see the strains on infrastructure etc. start to ebb as population starts decreasing and Canada will have to adjust to these realities.
Japan isn’t third in the world for oil reserves with the U.S. as their neighbour.
It’ll be bleak for sure but there are opportunities if Pierre pulls it off right.
@@jamesheron2282 japans population is shrinking by 1 million annually. Canada’s is growing by 1 million. Not sure this is an apples to apples comparison
Great episode!
Happy New Year - Great Job!!! Thank You… :-)
Book recommendations: The Revolt of the Public by Martin Gurri, The Parasitic Mind by Gad Saad, Philip and Alexander by Adrian Goldsworthy, The Devil in the White City by Erik Larson, and Red Rising by Pierce Brown.
Parasitic mind should be read by every Canadian
Second the Gurri book. Required reading these days.
Red rising is scifi greatness, but you can't stop at just the first book. Project Hail Mary is a fun 1 off read from the writer of the Martian.
Rich, if you truly like your financial history, and want a great set of books that dove tail.
Devil's chessboard- David Talbot.
Tower of Basel- Adam Lebor
After you read those 2, maybe just maybe questions will be spicy 🔥
Settle into a good classic there Rich. “Around the World in 80 Days” by Jules Verne
A 2025 “low probability event” is Rich asking a question at a BoC presser.
Rich - Atomic Habits if you haven't read it already. I also need to read more books. Happy new Year!
Can you please consider interviewing Hugh Hendry from Acid capitalist or Keith McCullagh from Hedge Eye?
With more currency debasement coming and minimal new SFH construction (especially detached), increased prices for SFH makes sense, even if just on a nominal basis.
Congratulations! All 3 theories were correct and for sure the highest probability is the Rich's one. US stocks investors are playing with fire big time. 30% down would be wild, but possible. For real. I can see that happening, even at a low probability.
My prediction CAD falls to 1.50-1.60 or worse by end of year.
how do you explain it gets there?
Grey Matter by Schwartz, great read
Here because Saskatchewan does exist! 😂🎉 Thanks for the awesome podcast that gives real insight to the Canadian economy and much much more! Happy New Year, let’s make 2025 a blow off top of a year!🎉😂
Steve, if the "general consensus" is the market still has further to fall, then prices will continue to fall. Those are the market participants after all.
Since 2000: Gold +800%, Real Estate +250%
Why has real estate gotten all the hype? Ive literally bought gold, held it in a safe and outperformed RE by nearly 4x. *shrugs*
@@tyt5603 Real estate gains are magnified because you can secure 5x leverage, it’s also tax free for your primary residence. So yes, most people have made significantly more investing in real estate than gold.
Great show today guys you are on target with probabilities of negative outcomes one or a combination of those factors mentioned I think will come to pass by years end
Rich for your book read I highly recommend the price of tomorrow by Jeff booth. Once you're done he's worth getting on the show
Book recommendation for Rich. If you're into Sci-Fi there's an excellent series called the Expanse.
Love those books and the TV series really does it justice
Keith is always right
👊
Luke Gromen on Canada, in 2025 ... 👍👍
I vehemently second this! Get him on a guest. And Tom Luongo too.
Hey Rich - Read "Blindness" by Jose Saramago. You will be blown away. Happy 2025.😊
Steve, what is the historical norm for annual number of condos sold in the GTA when rates are positive aka excluding the 13ish years of ZIRP we just went through? Merely curious. This could still lead to a further supply shortage seeing as you’ve had guests outline that we have the population boost, a mandate to reduce that, but we still have a systemic shortage and we have no means of determining if let’s say a TFW or student has left the country. We also have a generation+ of young people also competitions for entry.
TL;DR - what’s the pre ZIRP historical annual norm for condo sales in the GTA?
@@nickzivs don’t have those numbers handy.
What about rising unemployment Steve? What about flat economic growth? What about the abrupt halt of the population ponzi that we call immigration? What about an absolutely over inflated asset bubble that hasnt been popped in three decades and the decoupling of prices relative to median incomes? What about pre-existing supply? You talk about new developments like its the only catalyst that determines the direction of the housing market but what about all the idiots that are waiting to list their over priced plywood piles in spring because they think the market is going to "bounce back" all at the same time effectively over supplying the market all at once? You could make a base case for any direction to confirm your own bias if you want the outcome to align with your desires badly enough.
You are clearly not involved in the housing market. It's been steadily picking up over past 6 months on lower mainland bc and I have a line up of investors waiting for new inventory. Been in this game a long long time and it's very clear the pressure is building and prices are going to continue to rise.
Give you an example.. I just sold a rat infested townhouse that needed a new roof in the worst part of chilliwack bc (street people literally sleeping on the front yard, property theft major issue). Sold it for 55k over asking to an investor from India sight unseen. This unit sat on the market for 200 days through late 23 early 24. Things are looking up
@@realitysells2299 you can make a case for any direction.
@@saretsky But atleast my sentiments are tethered to some semblance of grounded economic reality. Yours seem to be based on recency bias and hopium?
@@realitysells2299 He also said its not his base case for housing, and that it is a low probability event. Steve is one of the most bearish realtors around. Not sure why you're getting worked up so much.
Rich's low probability offering is far higher than he thinks.
Blows past 30%. Euro goes to snot as well.
@@fillmorehillmore8239 the Euro was not bound to live to long anyways.
Large argumentative families never work well together, especially when the drunk uncle steals the bank account.
I think other than TO condos, home prices will continue declining modestly, or stagnating for 10-20 years to allow incomes to rise enough to reasonably afford to purchase one.
@@wayneknodel3347 I am most bearish on Toronto condos
The capital gains increase legislation is caught up in this prorogation today. It was never introduced or voted on. I hope it never passes under a new conservative government.
with a caw and a moo and a quack quack quack, the podcast is done but theyll be back!!
Would recommend Stubborn Attachments by Tyler Cowen if you haven’t read it already Rich.
Does anyone do a deep dive on demographic data to upset the real estate market. If we shutout immigration are we going to see a steep decline as boomers die?
Would definitely see a decline because Canadians aren’t having more babies than people dying. A lot of single family homes will come to the market as the boomers die out and I don’t see buyers paying a premium for those homes that haven’t been updated or maintained in decades.
When Rich wants to sell or short big tech, it’s time to buy.
Guest reco: Any great CFP that serves middle income canadians.
Book recommendation, the missing billionaires (more of a practitioners/technical read).
I don’t think people want 400 square foot condos for 600k
11% mortgage interest rates as bonds continue to detach from short term BoC control. The risk premium will dominate, who would lend into a crashing market.
Some people still oblivious to the endgame plan.
Book recommendation - Jitterbug Perfume by Tom Robbins
Book suggestion - Capitalism: The Unknown Ideal by Ayn Rand
Rich: One of my all time favourite book recommendations is Seven Eves by Neal Stephenson. It is Scifi, and it broke me so I can't take any other scifi seriously... Seven Eves makss them seem so childish and unimaginative. Also, this book was one of the few times literature could actually make me feel horror.
A net yield of 8 - 10% is rather good. What is the minimum investment? Curious I am.👍
Rich - Sapiens: A Brief History of Humankind -by Yuval Noah Harari and Homo Deus - by Harari also - both good as an audio book also.
These shoebox condos are worth max 150 k max
finally an episode without fluff
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks a lot for this recommendation. I just looked her up on google, and I have sent her an email. I hope she gets back to me soon.
Book suggestion: The Trading Game by Gary Stevenson. Great book and his ideas on economics of inequality contain tons of insights, not just socialist cliches.
Book "Reversing Hermon"
I just saw an interview with David Rosenberg. The guy as best as he could muster has thrown in the towel on being a Bear. What does this say? I don’t know but it certainly different to see.
@@jeffotoole4509 good sentiment indicator
LOL please share the 'bad' suggestions for guests!!
Someone suggested millennial moron once, haha. I actually like his content but not a qualified guest for a podcast of this reach.
This show's enthusiasm for Bitcoin closely follows retail interest. Notice what's not being said discussed. There's the alpha.
A few things are not adding up here, consumer staples and cyclicals are breaking down (see XLP and XLY) energy XLE is weak, yet TLT is making new lows almost everday. Someone is lying here, bet accodringly. The boomer might have a case here.
May I suggest you take a chart of every currency vs gold for the last 10 years and showed it to your audience. This will tell them what is going on...oh look yesterday I made over $50 CAD per ounce coin !!
Big Banter guy
Old Steve selling his book again
Keith seething from watching the FFTT bitcoiners drinking the milkshake of ice cap/santiago capital
Rich comment about stocks dropping and spending will drop with it . I get the mindset. But if you wanted to check that mindset, look at 2022 when stocks especially tech stocks came way down and was low for a year. I wonder what consumer spending was during that time . I have a feeling it was still going like crazy lol. Seems like nothing is stopping these markets man .
14:01 Steve, it should be RHEtoric not rheTOric, you’re putting the emPHAsis on the wrong sylLAble.
Happy New Year and thanks for all the great content!
HUh?
read Gary Stevensons book . Young banking investor who hit big in UK
With all the development and upzoning happening the prices should stagnate. With interest rates coming down, this will make affordability much better. Couple this with Canada's very low birth rate and temporary visa holders leaving, my prediction is that housing is more affordable a year from now.
I appreciate you and I need to share with you a few tips that you can utilize for your channel, I see forward to hearing from you
Don’t think it was 79 but 72? For the big game
72 summit series.
I watched it with my father, I was about 8.
Oh right, it's Friday 😂
The trend will NOT change. Wake up.
Omg, real estate to the moon 😂
Ends at 5:21. Thank me later.
Read more books? How about going to the gym more for resistance training.....
Here only to hear the pa-jeet that comes out of Stevens mouth,,
New Year’s Eve 1975 3-3 tie.
That's right Kelley! Wasn't '79 at all. That was the rematch. Thanks for following the podcast.
Sugar coating real estate in 2025 will not fly
back here in the comments section requesting Michael Howell as a guest. Thank you
@@nedi6188 good idea
Thse intros are soo long jeez
Question #1. Instead of pontificating about Canada’s pathetic economy and housing market, answer this on scenario. What would Vancouver and Toronto real estate be worth if the border was gone? My analysis is it would collapse to proper values instead of the BS PONZI prices Canada banks, govs, real estate businesses have pimped it too. In other words take your pathetic income and do the math to USD. Then you will have the real value of the disaster called Canada today
The main problem with toronto and vancouver is international narcotics traffickers laundering their money
👀
!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Like to watch your show, but I have to say that some conversations wasted my time, they are low quality talks.
Being in the discord and starting trading is literally changing my life. I'm starting witha small $2,000 account but I got it up to $19,600 in one week! Not a lot of money but that's a big growth for me.🎉🎉
Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
I've followed many traders over the years, but none have been as consistently accurate as Lisa Magret...She's truly in an inspiration to us all....
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Lisa Magret....
Can't imagine earning $25k,
biweekly, God bless mrs Lisa
God bless America❤️
Same here the very first time we tried. We invested $1000 and after a week, we received $9500. That really helped us a lot to pay up our bills
Funny that they mention that hockey stuff at 3:08 and Ivan Demivov is trending right now. Apparently there is significant potential there.
this guy on tesla might be good for one of your shows ruclips.net/video/sd-HXcDBJpo/видео.html
Steve should not have said 29:03 I know he used the word almost but that won't age well. Trust me, I'm a speculator ;) Edit: Glad you added that it's low probability. I don't think Richard + Keiths predictions are low probability.
Great episode!