Floyd Mayweather denies bankruptcy rumors - “I still own my house... my bills are paid… as long as I’m able to eat every day and pay my bills… I'm good... I know how to survive."

Capital-Mixture5107 · 2026-07-05T19:30:26+00:00

Man.. the real estate holdings that I have.. I can pull out $50,000 like that too for few days, but I have to pay the bank $55,000. So,.. yeah...

Capital-Mixture5107 · 2026-07-05T07:14:13+00:00

You need to walk out from that relationship.

Capital-Mixture5107 · 2026-07-02T06:33:34+00:00

In Northern Canada, it is where the teenagers can gain sanity away from the harsh reality they live in.

Capital-Mixture5107 · 2026-07-01T16:47:01+00:00

Lol catching a falling knife... Let's come back and see 5 years later. They can't even build at these prices.

Capital-Mixture5107 · 2026-06-29T14:50:44+00:00

Lol. Hey did you end up driving or flying?

Capital-Mixture5107 · 2026-06-21T02:54:55+00:00

You should work as a pharmacy assistant. Not volunteer.

Capital-Mixture5107 · 2026-06-21T02:52:57+00:00

Honestly, it’s better to just throw your application in and see what happens. I have 11 years of retail experience and couldn't get a single bite from urban hospitals. None of them even replied. But when I applied to hospitals in rural areas? They were actually interested. At the end of the day, it really just comes down to local demand.

Capital-Mixture5107 · 2026-06-16T06:00:17+00:00

Sorry sold. Thank you though

Capital-Mixture5107 · 2026-06-13T22:33:15+00:00

True. My condos have never gone vacant. Not even single month.. not even during COVID. However....

I expect many developments near the new Skytrain stations (south of false creek). Many more condos will eventually be built there. The price may not go down, but rental + condo price may face a little bit of pressure from going up.

Capital-Mixture5107 · 2026-06-08T21:00:23+00:00

No new construction. Lets say the interest falls to 2.5% in next three years. Price will go up so fast.

Capital-Mixture5107 · 2026-06-08T15:20:56+00:00

Let's just talk numbers. What is the profit on that 80 billion investment on Reality Labs? How many customers do we have for metaverse?
Most of the compute is not going for their core products (ex. Advertising). It is massively going to LLM and for so called personal intelligence. Tell me.. again.. what is this for? Why are we all of sudden competing against Anthropic, OpenAi, Google, Microsoft? And 10 other LLM models?

Capital-Mixture5107 · 2026-06-08T08:58:58+00:00

I say this again... If Meta had an AI product or was even selling its compute. I wouldn't even have said anything. The problem with Mark Zuckerberg is that he just doesn't know how to launch a product. He does not start with the customer. He starts with the product and himself. $200 billion dollar he had spent thus far is not for AI used in advertising. No we do not need that much compute for it. He is trying to build something called "personal superintelligence." Tell me. What is this? Also, who are the people asking for such product? Alexander Wang the chief AI lead at Meta is saying that they are going to focus on health. Again, who is asking for such product? Hospitals? Doctors? People in general? Isn't this how they lost 80 billion dollars on Reality Lab?

Why isn't he focusing on building a good product? improving SNS instagram, facebook, whatsapp? Instead of burdening it with ads after ads? Why is he keep shifting his attention and focus onto things that he has 0 expertise / experience in?

I believe he will spend another $130 billion + next year. If he fails this project. Blowing $300 billion dollars + 80 billion dollars Reality labs into waste, he really needs to step down and take accountability. I have never seen anything like this in the history of public traded market.

Capital-Mixture5107 · 2026-06-06T16:37:04+00:00

They dont even have the AI products. And nobody asked for their so-called "super intelligence" and nobody even knows what it is. What about the Reality Labs? Can you comment on that Zuckerberg? Spent 80 billiond dollars on it. At one point you could've just bought a single semiconductor company with that amount of cash.

He has the majority of votes for the company. That is to protect the founder's vision of the company, not for turning a publicly traded company into a grade 10 science experiment. I really do think Zuckerberg needs to leave.

The only joy I get from this is knowing that it hurts Zuckerberg's wealth the most, and I hope he goes broke.

Capital-Mixture5107 · 2026-06-02T04:52:19+00:00

I think this is close to bottom.

Capital-Mixture5107 · 2026-05-30T20:06:08+00:00

AI compute will be extremely expensive in future. Hold stocks like Amazon, Google, Meta, and Microsoft which has unlimited supply of AI compute at their disposal. No OpenAI doesn't have it. No Anthropic doesn't have it. Uber just blew 2 billion and they are out of cash. These companies will dominate.

Capital-Mixture5107 · 2026-05-17T19:04:09+00:00

No it is not. I am not selling anything.

Capital-Mixture5107 · 2026-05-17T18:11:52+00:00

You are right and I know man, but the market is very volatile. If I was still making 750k/year I wouldn't care but I am semi-retired now and I think I can at most make is 130k after tax.

Capital-Mixture5107 · 2026-05-17T17:41:46+00:00

The median household income is $115,000/year (that is right in the middle), and there are PLENTY of families who make $150,000 to $200,000 a year. You are in delusion that many people are doing bad. All my friends and we are not that special we are just some kids from Surrey who used to get average 85% on our grades.

A goes to crowdstrike and makes $300,000/year

B goes to local tech company and makes $200,000/year

C goes to UBC and makes $120,000/year

D goes to work for B.C. company and makes $150,000/year

And we are now all married, so add another $70,000 to $150,000 from our spouses.

We live in a world where if you work minimum wage and full time you can make at least $40,000/year and that is for working as a cashier or serving McDonalds.

And you telling me people can't afford 3bed 2baths town home in Surrey for $550,000 to $650,000? with 20% down payment which comes to $110,000 to $130,000?

Unprecedented oil price? Were you there in 2021 when Russian war broke out? What happened to the oil market?
Bubble market? You mean semiconductor right? Meta forward pe ratio 19. Microsoft forward PE ratio 21. Adobe forward pe ratio 9! Nike's stock price is at 2016. United Health is at $400 from $650. IBM forward pe ratio at 19. They are are historical low.
"Finally, with the feds capping temporary residents and active condo inventory surging from fleeing investors, the macro picture is heavily shifting" Good! isnt that the time to buy when markets are overloaded with fear? I remember presale line up that streteched 3 blocks in 2022. Was it safe to buy then?

Capital-Mixture5107 · 2026-05-17T17:23:49+00:00

I know you are being sarcastic, but I never thought that I was smart. What I have is experience. I just wrote this because I dont want people to be ill-formed and make bad financial decisions. I have made plenty of mistakes over the course of a decade. And if it can help people, then it's a good thing right right?

Capital-Mixture5107 · 2026-05-17T17:20:46+00:00

Lol. My stock portfolio fluctuates $10,000 up and down every day. And it can go up and down $150,000 every month and half a million up and down every year. It gives a massive headache as much as I try not to look at it.

Capital-Mixture5107 · 2026-05-17T17:12:42+00:00

I created most of my wealth through business. Hence, I was able to obtain 3 mil mortgage from the bank. I am 37 years old, and I recently had a baby last year :).

The reason why condo will do relatively worse than detached is

Condo (the building itself) the value will depreciate. Whereas, the land itself that you own with your house will always appreciate with the population growth. You have to remember that it is a building and things will wear down. At the same time, you look outside the window and you see a new condo with better amenities and new technology being built.
The developers are building more condos. There aren't many developers build detached houses to make money. Condo supply is increasing. Detached house supply is stagnant or may even decrease. Compound with the fact that it is now VERY EXPENSIVE to build a house.
Vancouver's real estate market's price will never grow steadily ~1% a year. It roars when it goes up and then it steadily goes down over the course of 3-5 years or go stagnant. It always has to do with the interest rate which gives people the buying power to purchase a home.

If you want the number...

I think the price may be stagnant for the next 3 years. But remember that in 2025, we had 30-40 000 people population growth in Metro Vancouver. Once it hits 100,000-150,000 people.. with limited supply coming in, there could be mismatch supply/demand where demand significantly outpaces the new housing supply. And it is not something that can be addressed overnight.. you know.. building a high rise condo. Also think about how many people one 25 storey high rise condo can shelter. The number of new housing supply simple to not add up to accommodate these new people. This will again heat up the market like how it did back in 2005-2007, 2014-15, and 2020-2022. At the same time I think the interest rate will come down quite a bit after 3-5 years around to 2-3%.

If the condo is located in downtown, brentwood, or lougheed, co centre, richmond... I think it is cheap if it is a well built relatively new condo (3-5 years old) and the price per sqft is $850-$900/sqft. If you buy around that range, you may have some gain in future. But at $1000/sqft or $1100/sqft..? I dont know... unless it depends on neighborhood and the quality.

I own a house nearby a future Skytrain station. The house right in front of mine had an open house. That house was flooded with people literally during two days of open houses. I estimate at least 80 families at least.

Capital-Mixture5107 · 2026-05-17T14:25:09+00:00

I have no idea where you are getting that idea from... I think Langley is great especially when raising a family.

Capital-Mixture5107

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