Canadian homebuyers are making a HUGE FOMO MISTAKE (again!) 😱

Поделиться
HTML-код
  • Опубликовано: 3 авг 2024
  • Rule of 35 calculator: www.growwithnav.com/money-tools
    Subscribe to the 1% newsletter: www.grownation.ca/
    First time home buying masterclass - • Canadian homebuyers ar...
    I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec).
    I help First time home buyers & investors make smart realestate decisions based on numbers and not emotion. Want to book a call 👇 (It's free 🥳)
    www.growwithnav.com/book-a-call
    Get up to $3,000 in cash to trade stocks or crypto commission-free! Use this code 91NX5W or the link below to sign up 🙌 my.wealthsimple.com/app/publi...
    00:00 - Intro
    01:42 - 2022 The FOMO market
    04:03 - GTA market overview
    10:12 - Recession Cancelled?
    13:07 - The Working Population
    14:47 - Rich are Richer
    16:09 - What does it mean for you?
    17:51 - What to do as a first time home buyer?
    23:30 - Outro
    MORE ABOUT ME 👇
    My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job - to today, where I recently quit my job after building my side hustle to a cool 6-figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.
    Subscribe if you are interested in:
    #Realestate
    #StockMarket
    #Stocks
    #crypto
    #business
    #moneymanagement
    DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

Комментарии • 77

  • @theresponsiblehuman
    @theresponsiblehuman 5 месяцев назад

    Thank you for the great content!

  • @Tandybottse5
    @Tandybottse5 5 месяцев назад +59

    In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Donna Mikalonis valuable insights and daily trade signals, coupled with my commitment to continuous learning. Kudos to the journey ahead!

    • @Tandybottse5
      @Tandybottse5 5 месяцев назад

      She's often interacts on Telegrams, using the user-name.

    • @Tandybottse5
      @Tandybottse5 5 месяцев назад

      @DONNAMIKALONIS.

    • @Deonnabailey30169
      @Deonnabailey30169 5 месяцев назад

      The internet is filled with so many useful information about Donna Mikalonis crypto..

    • @richylex
      @richylex 5 месяцев назад

      Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary…

    • @tuckerfizz2
      @tuckerfizz2 5 месяцев назад

      The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional…

  • @lavykhurana
    @lavykhurana 5 месяцев назад

    Thank u for the info! Keep up the good work.

  • @ketan.x
    @ketan.x 5 месяцев назад +1

    Good video, Nav. Very informative.

  • @7966016
    @7966016 5 месяцев назад

    Great honest video! Keep up the good work!

  • @adithyashyam9272
    @adithyashyam9272 5 месяцев назад +1

    Good analysis

  • @saleemakhtar87
    @saleemakhtar87 5 месяцев назад

    Good analysis....

  • @con_rad_it_is
    @con_rad_it_is 5 месяцев назад +1

    Thanks for ur content!

  • @school77231
    @school77231 4 месяца назад +1

    Very informative video , thanks for sharing reality.

  • @Manutd2093
    @Manutd2093 5 месяцев назад

    One of the best videos out there. I am truly shocked with the labor market numbers. Thanks for the information 👏🏻

  • @Jay-qx5ov
    @Jay-qx5ov 5 месяцев назад

    Great video as usual

  • @mayurrane5603
    @mayurrane5603 5 месяцев назад +3

    Good video showing the difference between what is printed in the media vs how to analyze facts looking at historical data.

  • @sumasinha6535
    @sumasinha6535 5 месяцев назад +2

    Hi Nav, I have seen you growing from the first few videos you made on your journey to Canada. And it is inspiring to see how far you have come and grown. And in today's world, where everyone is working on their own interest, this blog seems to be really genuine. I so appreciate this for first-time home buyers, because I personally know the pain of FOMO in buying a house in Canada. And I am definitely going to connect with you soon when I feel the time is right for me. Keep up the good work!

    • @growwithnav
      @growwithnav  5 месяцев назад

      Thank you!! Wishing you the best 🙌

  • @mmohammed3695
    @mmohammed3695 5 месяцев назад

    You are the best bro, please make more content. I am always waiting for your new videos

  • @shanmarg
    @shanmarg 3 месяца назад

    Condo fees of $700 equals 100K mortgage plus very little appreciation

  • @ourjourneytogether3500
    @ourjourneytogether3500 5 месяцев назад +3

    Good Information !!! You nailed it, so its based on our Financial situation to buy the home... with the same speculation if the interest rate goes down the home price might increase ??
    Also there is voice overlap and few mute parts post 15 mins.

    • @growwithnav
      @growwithnav  5 месяцев назад +1

      Thank you :)
      Interest rates going down will increase home prices… that is likely to be a consequence of fear of missing mixed with optimism and shortage of homes.

  • @vancouverdiaries738
    @vancouverdiaries738 4 месяца назад

    Your channel will get lots of traction and also the video will be super cool with all these crazy knowledge - if you invest on a good mic! like podcaster have..

  • @Cool_tech.01
    @Cool_tech.01 5 месяцев назад +1

    Economic is depends on international students. Owner can rent their basement to 10 people.

  • @nhirani4829
    @nhirani4829 5 месяцев назад +1

    You have created such an amazing channel sharing nothing but good knowledge, thank you for that. Sadly despite the channel being active for so long only a mere 10.5k subscribers with views amounting in 100s only. Seems like people do not value sensibility and knowledge.

    • @growwithnav
      @growwithnav  5 месяцев назад

      Thank you !! Some day… it will pay off :)

  • @mohammedraafay4892
    @mohammedraafay4892 5 месяцев назад +1

    Hi nav can you please make a detail video on closing clost.. how can we save for unnecessary charges.

    • @growwithnav
      @growwithnav  5 месяцев назад

      Will be making an insta video on this soon. Do follow me there.

  • @saikumarbandaru7910
    @saikumarbandaru7910 5 месяцев назад +1

    @3.45 Sec ' bank of Canada indicated that rates are coming down'. When ?

  • @rightbrothers2004
    @rightbrothers2004 5 месяцев назад

    Can you show a comparison of sales-to-new listing ratio, for Feb2021 till Feb 2024. That should paint real picture if market is heating or not.

  • @sheraysingh4718
    @sheraysingh4718 5 месяцев назад

    Amazing video content thank you ! Some editing issue at 16:43 fyi only.

    • @growwithnav
      @growwithnav  5 месяцев назад

      Thank you !! Yes - some last minute glitch that I missed…

  • @user-wd7le8yy2d
    @user-wd7le8yy2d 5 месяцев назад

    Great video. But looks like there is an audio issue between 15-17 minutes. Maybe you can have a look and fox it.

  • @deepakjhurani4840
    @deepakjhurani4840 5 месяцев назад

    Fantastic video Nav Paaji, Thanks for the same. I downloaded your tools too, my feedback- 1) The Rental analyzer needs more information about the parameters you used to calculate monthly mortgage payments, your numbers are not matching with BMO calculator. 2) The affordability calculator/Rule of 35 needs an update too, please add fixed and variable components of the salary (Bonus/Incentives). It's better to ask users to have an annual salary and annual bonus and let Excel calculate.

    • @growwithnav
      @growwithnav  5 месяцев назад

      Thank you for the suggestions 🙌

  • @kaamilpankaj
    @kaamilpankaj 3 месяца назад

    Which video editor you use to make such attractive video editor. I am looking for a dependable editor which can be used

    • @growwithnav
      @growwithnav  3 месяца назад

      He works full time with me.. try editors from Fiverr

  • @ajayparameshwarbhat2011
    @ajayparameshwarbhat2011 5 месяцев назад +1

    Please revisit your video editing on 16:10 and onwards. Your audio is overlapping.

    • @growwithnav
      @growwithnav  5 месяцев назад

      Yes - some glitch in that 30 second section :/

  • @TheSpyder699
    @TheSpyder699 5 месяцев назад

    With 1.1% price increase I don't see any FOMO in those number hey buddy 👍 😉

  • @RSSS1005
    @RSSS1005 5 месяцев назад +2

    Huge confusion in this video. Clarity should be there while sharing the general information.

  • @deepaksaini2296
    @deepaksaini2296 5 месяцев назад +1

    Sir,
    Save ur self, bahut pitai hone waali hai. Real estate is abt to become real taste Barbequeue.

  • @pramitmehta258
    @pramitmehta258 5 месяцев назад

    Hi Nav, we met on Emirates flight.

    • @growwithnav
      @growwithnav  5 месяцев назад

      It was nice meeting you 😀

  • @alelol01
    @alelol01 5 месяцев назад

    Where can I get the data?

  • @batralawgroup6354
    @batralawgroup6354 5 месяцев назад +1

    when a major chunk of politicians are investors themselves, there exists a conflict of interest. The vested interests of these politicians coupled with realtors, mortgage agents, builders n developers, investors and even media will do their best to keep stimulating the housing market. Government increased immigration to increase the demand for real estate while did nothing much to create supply except making statements and announcements. There is no productive investment towards creating businesses in the last many years. Relying on immigration n foreign money no matter through any sources remains the main strategy of the government.

    • @alelol01
      @alelol01 5 месяцев назад

      Hard to find people like you that see immigration in Canada for what it truly is

    • @batralawgroup6354
      @batralawgroup6354 5 месяцев назад

      I think you fall somewhere among these categories. If not, Persons like you are given a narrative by government. That’s why people without knowledge are carried away. How many people understand economics n immigration n objectives in disguise.

    • @batralawgroup6354
      @batralawgroup6354 5 месяцев назад

      Don’t feel it personal. You are not alone.

  • @memphistnliving
    @memphistnliving 5 месяцев назад +2

    USA rates are hovering in similar ranges not much reduction compared to last year. I'm expecting some good news this April 2024. Lets see!!

    • @growwithnav
      @growwithnav  5 месяцев назад

      🤞

    • @maaki3389
      @maaki3389 5 месяцев назад

      Yes they are going to bring the interest rate to 1%..............................😂 😂

  • @anonyoutuber1
    @anonyoutuber1 Месяц назад

    Editing discrepancy at 16:27

  • @NestleSnipes2040
    @NestleSnipes2040 5 месяцев назад

    Keep sitting on the sidelines...how has that worked for y'all?

  • @longhorn789000
    @longhorn789000 5 месяцев назад +3

    Dude, you need to talk a little slower!!!