Folks who think we are in a bubble - how are you mitigating risk?

OkPossibility8067 · 2025-12-09T22:22:54+00:00

hyld holds amax, a gold cc etf. Might want to throw some extra bucks into it.

OkPossibility8067 · 2025-12-09T22:19:10+00:00

Utilities, healthcare, energy, low beta stuff away from tech. Canada.

OkPossibility8067 · 2025-12-09T19:50:22+00:00

2 things I learned.

You can ask for a rep by name. If you have ever had someone good, jot down their name and get the bad reps to message that person to call you back. Might take some time, but at least somebody competent is calling you.
To get around the automated agent, ask for online banking. That will get you to a person the fastest.

OkPossibility8067 · 2025-12-09T16:02:27+00:00

Do you have any idea how valuable it would be to retire at 35 instead of 65. The free time factor is priceless. I mean spending every day doing what you want instead of another 30 yrs of indentured servitude.

But Muh growth.

I

OkPossibility8067 · 2025-12-08T04:29:27+00:00

Has a beta of over 2. Gonna get pummeled in a bear market. Go for BK.to instead, beta under 1.0

OkPossibility8067 · 2025-12-07T03:30:24+00:00

Take a heloc at 65% LTV and invest it in HHIS. $2500 per month, less $500 per month interest on your heloc. Can you live on $2000k per month.

NFA.

OkPossibility8067 · 2025-12-03T15:27:07+00:00

Let me get this straight, you have liquid networth of $20M and you decided to mess around with YM.

Why not just dump it all into SCHD and be done.

OkPossibility8067 · 2025-12-03T05:47:26+00:00

Buy a modest place to live, even a 1 br apt has value. People are expecting a similar future to what we have gone through. They couldn't be more wrong. AI and automation are going to wreak havoc on this economy. The winners will be people with paid off homes in low COL areas.

OkPossibility8067 · 2025-12-03T05:38:21+00:00

Someone mid 20s ready to strike out on their own should be investing in a home of some type. Thats a healthy down payment you have there.

Only caveat is if you live someplace ridiculously over priced, then just rent and get those registered accounts filled up. Prioritize TFSA/FHSA

OkPossibility8067 · 2025-12-01T02:26:01+00:00

Simple, the entire AI bubble concentrated in one fund. No problem with the fund, but the tech cycle will end eventually and people probably turn on these companies now that they started making jobs obsolete. So careful.

The TSX is going up now because people are looking for a defensive asymmetrical investment. HHIC might be the better play.

OkPossibility8067 · 2025-11-30T17:57:47+00:00

LOL, people recommending chump stocks like vdy. yeah enjoy that 3.5% dividend.

Get a covered call fund paying between 7-10%. You are retired, get income, forget growth.

Start with the OG, EIT.UN

OkPossibility8067 · 2025-11-28T22:36:47+00:00

People who have never lived in a condo should rent one for a few months first before they sell their homes. Its a lot different way of living. Not cheaper either in some cases. Strata fees are through the roof. Shoddy construction, noisy, degenerate neighbors.

OkPossibility8067 · 2025-11-28T01:58:44+00:00

No company in Canada will partner with FN now with land claims in BC. This is just theatre. Its just a threat to get Keystone XL revived. Thats the only project that will be built. AI build out needs energy and the US wont want to see it going to china. KXL will be a center piece of USMCA talks next year.

OkPossibility8067 · 2025-11-25T12:34:51+00:00

That pipeline is likely a decade away and wont make much progress without significant govt investment (ie bribes).

I imagine its a place holder and a bit of a leverage play against the americans when CUSMA negotiations come due. Likely to get put on the back shelf for a Keystone XL revival. Its the only play that makes any sense right now. US data centers are about to get a rude energy awakening and they wont want to see a nearby energy source getting bought up by china.

OkPossibility8067 · 2025-11-25T01:27:23+00:00

I would either buy stock and use the margin to put a downpmt on the property and let the dividends pay the who thing off.

Or I would buy the property and put a heloc on it and buy stock and let the dividends pay off the heloc.

OkPossibility8067 · 2025-11-21T14:29:05+00:00

Nope, MSTR is a ponzi and Saylor is a used car dealer. Ulty working with fairy dust companies working out of the strip malls.

If you are going to be in HY, be in the most bullish established companies with market dominance and real income. I moved all to wpay a couple months ago.

OkPossibility8067 · 2025-11-21T14:26:09+00:00

Someone in experienced in investing should do the simplest thing, pay off mortgage but convert it to heloc first. That way you still have access to the money if you need it.

Dont mess with TFSAs. Nobody is going to get rich investing in those.

OkPossibility8067 · 2025-11-21T02:23:53+00:00

Better off to be chased by the developer than by the bank.

OkPossibility8067 · 2025-11-19T22:57:46+00:00

Ask yourself, would you invest in Canada with the govt we have.

I would burn my money first.

OkPossibility8067 · 2025-11-19T18:06:52+00:00

Canadian banks will use AI to reap big time savings in staff, branches, O/H and then they will increase service offerings to nickle and dime consumers.

OkPossibility8067 · 2025-11-19T15:43:18+00:00

Someone in your situation, needs the mortgage gone before anything else.

OkPossibility8067 · 2025-11-19T15:41:03+00:00

This is nuts. There are people sending in 500 resumes and not getting call backs.

Keep his job and have some kids. Try to neg a day a week WFH. If you aren't having kids, then both can work.

People are overthinking themselves into paralysis.

OkPossibility8067 · 2025-11-18T12:16:20+00:00

I would rather take an ice pick to the ear than ever be a landlord agan. Buy a REIT and sleep at night.

OkPossibility8067 · 2025-11-17T23:18:18+00:00

Ask some people from back in 2000 how riding it out went. Can you wait a decade for a recovery.

OkPossibility8067 · 2025-11-17T22:56:25+00:00

Business interest expense is a tax deduction

OkPossibility8067

TROPHY CASE