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Legal advice. Eric’s a fancy lawyer in southern Ontario.

Legal advice

Personal injury law. Legal advice. The outlier. Those who think this is an anti-property site, as opposed to simply being a dog blog gone bad, are wrong.

The outlier

Real estate is fun. You can buy it even without money. It’s big and showy. You get to park in front of it. It can impress your friends. The right kind of real estate. Meet Doug Rowat, who joins us as a guest blogger, as did Ryan Lewenza, whom you eviscerated last week.

The right kind of real estate

Like Ryan, Doug’s a Portfolio Manager with the financial practice I founded, Turner Investments, where he shares responsibility for managing almost half a billion dollars. A cool Bay Street dude, Doug’s been a Vice President in charge of research and strategy for Raymond James, plus a highly successful fund manager at HSBC Securities, where he worked for a decade. What can I do with my U.S. Retirement Plan (401(k) or IRA)? - Written by Brent Soucie, Consultant, CPA, CA September 25, 2013 Several Canadians have worked in the United States at one time or another.

What can I do with my U.S. Retirement Plan (401(k) or IRA)? -

Cross border employment is common for executives, engineers, accountants, minors, professional athletes, university professors, small business owners, and other professionals. Taking one’s career to the U.S. can boast many benefits. These include broadening one’s horizons, enjoying unique opportunities, and even paying lower taxes! Of the Canadians who have sought employment south of the border, some have stayed in the United States permanently, and others have returned to Canada. A U.S. 401(k) plan is similar to a Canadian Registered Pension Plan (RPP). As such, a Canadian resident could conceivably have multiple types of retirement plans based in the U.S., each boasting different cross-border consequences. The Signs We Need To Look For – To Profit From Cheap Money – Cody Shirk. We can look at the previous link of loan delinquencies to see when/what corporations are paying back, but the true result in the market will reflect through $HYG.

The Signs We Need To Look For – To Profit From Cheap Money – Cody Shirk

(There are other similar stocks out there, but I’m picking $HYG as it’s the most popular.) If we see $HYG start to waver, or decline significantly, we know what is happening. Corporations are not paying back their loans. These are high risk loans (junk bonds), so they will be the first to fall – and will serve as a good indicator for the wider market.

Third is governments. Realtor 101. Courage. The banks pay you one half of one percent to keep money there.

Courage

What if they paid you nothing? What if you had to pay the bank to keep savings for you? Salvation. Just as some people (Trump supporters mostly) think there are only two kinds of music (country and western), millions believe only two investments exist.

Salvation

Houses (safe) and stocks (scary). It’s this uneducated view which has marched so many down a path of increasing risk and debt as they obsess over real estate. Sure, you need a place to hang out. But property shouldn’t constitute the bulk of your net worth. The revolt. July’s usually a yawner.

The revolt

Hitting the fan. Bench art at Coal Harbour park, Vancouver.

Hitting the fan

Blog Dog photo. The little short. “I’m officially betting against the Vancouver RE market,” says Simon, “as we sold our leaky Yaletown condo for $225k more than it was worth in January.

The little short

The plan is now to rent for 1-2 years, as we wait, watch, and plan our next move like vultures.” Yeah, that’s right. Simon has horseshoes up his rear end. How Much Is Enough? – Millennial Revolution. Retirement planning can seem like a dense jungle of confusion and jargon, which is why many financial planners like to rely on a few simple rules to guide our decisions, and easily the most important one is known as the 4% Rule. It’s a rule borrowed from the traditional finance world, and as with most of the “ideas” coming out of that world, it’s supposed to help people plan for their eventual, grey-haired, artificial hip-assisted retirement, but in practice just tends to discourage people from trying anything at all.

The Millennial Revolution, on the other hand, takes this decades old rule and twists it to our advantage, allowing us to retire years, sometimes decades earlier than we’re “supposed to.” Too scary. So, what happens to society, the economy, financial assets and houses when things change? What? So, the TV reporter with the nice hair asked the guy-in-the-street, why ya voting for Arnold Schwarzenegger? The guy looked at him like that was the lamest question ever. “To see what’ll happen,” he said. It was 2003 and the Hollywood actor with no political experience and ubiquitous name recognition went on to become the governor of California. Seven years later the state was spending $20 billion more than it took in, and technically bankrupt. Ultimately the Terminator was found to be a political failure who spent copious time with a second family, and paid his mistress ten grand a month.

Think again. May 18th, 2016 | Book Updates | E-mail this blog post to a friend Yesterday I offered a few nuggets. Like not getting divorced and throwing your adult kids out of the basement. But two caused a stir – leasing cars and taking CPP early. Think again. Choices. The quandary. The crime. The price of advice. Matt has a problem. Too little money. Crispy. Leftie peril. “I feel like you would defend Hitler himself if he was rich,” said a poster to me some hours ago. No escape. No escape. The unexpected. The Rule. The odds of a big slowdown in the Canadian economy are growing. The Crash Course. The Crash Course has provided millions of viewers with the context for the massive changes now underway, as economic growth as we've known it is ending due to depleting resources.

The Deflation Monster Has Arrived. Astenbeck Capital 2015 Annual Letter - Oil Will Soar. Be prepared. Head start. Canada's best and worst online brokers in 2014. Dead cats. My Own Advisor - Saving and investing my way to financial freedom. Independent Personal Finance Advice Since 1981 - Canadian MoneySaver. From scratch — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate.

Mr. Money Mustache — Early Retirement through Badassity. Canadian Couch Potato. Hang on — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate. Urges. Why life’s unfair. Gross me up. Six cool things — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate. Loaves and fishies — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate. Canadian Money Forum. Perspective — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate.

Big things — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate. The MIllennial Portfolio — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate.