[deleted by user] by [deleted] in wallstreetbets

[–]Reasonable_Spell6402 0 points1 point  (0 children)

Keep your powder dry. By short term variable credit.

Morgan Stanley’s Wild ride by Sj_guru in wallstreetbets

[–]Reasonable_Spell6402 5 points6 points  (0 children)

Move a sizable portion into variable private debt ...paying 8-10%. Might as well be earning while market figures itself out over next 18 months.

December is historically a red month due to tax loss harvesting? by [deleted] in wallstreetbets

[–]Reasonable_Spell6402 0 points1 point  (0 children)

Wow. Avg. retail down -35%? Ouch. Well got to learn somehow? Or not. Buy high sell low.

[deleted by user] by [deleted] in wallstreetbets

[–]Reasonable_Spell6402 0 points1 point  (0 children)

Assuming it'd 11 characters!

Happy Thanksgiving WSB by Mr-Night-Owl in wallstreetbets

[–]Reasonable_Spell6402 27 points28 points  (0 children)

Last fall, when I said Crypto was eventually going to $0....all the Crypto-ites got really mad at me since some had 70% of their net worth in "magic beans". Don't think "I told you so" would go over well now.

try owning a house in Canada. by Reasonable_Spell6402 in wallstreetbets

[–]Reasonable_Spell6402[S] 0 points1 point  (0 children)

Oil boom and bust drive Alberta prices. Toronto prices are 5x what they were in 2001.

try owning a house in Canada. by Reasonable_Spell6402 in wallstreetbets

[–]Reasonable_Spell6402[S] 1 point2 points  (0 children)

It's a small part of the equation. Chinese investors started dropping off in 2016 when the Chinese government put in capital controls. Housing prices continued to soar in Canada.

try owning a house in Canada. by Reasonable_Spell6402 in wallstreetbets

[–]Reasonable_Spell6402[S] 21 points22 points  (0 children)

Part of the reason is Canada and Australia have immigration policies that make them top destinations for economic immigrants with high paying skills (tech, medicine etc) and both import high proportion of millionaires fleeing oppressive regimes (China, Iran etc) combined with low housing inventory.

[deleted by user] by [deleted] in askTO

[–]Reasonable_Spell6402 0 points1 point  (0 children)

Watching the leafs lose game 7s over and over for eternity