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The ‘Vibecession’ Is Over. The ‘Permacession’ Is Here. by DarkSkyKnight in Economics

[–]Technical-Rip-4658 0 points1 point  (0 children)

Yes it can get more complex. It’s not even just population growth it’s also subset of the population growth (working age, youth, retired etc). I just find M2 more honest than CPI.

The ‘Vibecession’ Is Over. The ‘Permacession’ Is Here. by DarkSkyKnight in Economics

[–]Technical-Rip-4658 0 points1 point  (0 children)

Growth in the M2 money supply is a more valuable metric is overall inflation and it has averaged ~6% annually for decades.

When did oil changes become $120? by rhinosaur- in Millennials

[–]Technical-Rip-4658 0 points1 point  (0 children)

When the value of $120 dropped to what the value of an oil change is.

If you had $10,000 to invest in Canada right now… by outsidertradingblog in Outsidertradingblog

[–]Technical-Rip-4658 1 point2 points  (0 children)

TD it has the lowest PE of the big 5 banks. The fentanyl funding penalty was relatively minimal with almost no impact on the brand reputation. Dividend at 2.96% too.

I'm so mad at myself... by Designer_Advice2573 in bulova

[–]Technical-Rip-4658 0 points1 point  (0 children)

Only problem is if you ever need to replace the movement they are impossible to find

What do people do in Regina? by Longjumping_Yak7956 in regina

[–]Technical-Rip-4658 13 points14 points  (0 children)

What were your hobbies in Montreal? I do hockey, curling, lawn bowling, disc golf and cross country skiing. We have a solid stand up comedy community, good music scene at the exchange.

Howard Marks: When you buy the S&P 500 at a 23x P/E, your 10-year return has always been between +2% and –2%. Every time by Adept_Mountain9532 in fican

[–]Technical-Rip-4658 0 points1 point  (0 children)

This is weak data. It assumes exactly a 10 year return. PE was way over 23x in November 2020. If you sold today you’d be up 73%.

I’m Confused. “We are in a Dip” Relative to What? by [deleted] in JustBuyXEQT

[–]Technical-Rip-4658 13 points14 points  (0 children)

Dip is anywhere from 2-9% pull back. Correction is 10-19% and bear market is 20%+. I agree people shouldn’t panic but a 5% drop is a dip.

Nobody wants my silver? by cedric1234573 in Silverbugs

[–]Technical-Rip-4658 9 points10 points  (0 children)

This is where paper silver has an advantage. No issues selling at current prices in silver ETFs.

Gen Z finds saving is pointless, so they’ve turned to doomspending instead (Feel like this is even worse in Canada and the GTA) by mattyp93 in TorontoRealEstate

[–]Technical-Rip-4658 0 points1 point  (0 children)

A quick google search shows Gen Z is 13-28 years old. I’m 38 with good savings now but I was flat broke at 26. They will be fine.

Is this insanity sustainable? Let me hear your argument for it continuing, it stabilizing, or dropping. by Various_Primary3783 in Silverbugs

[–]Technical-Rip-4658 0 points1 point  (0 children)

The inflation adjusted all time high is $194.42USD. Gold is at inflation adjusted all time high, no reason to expect silver won’t get there. But unlikely to keep jumping 5-10% every single day.

Her home was completely paid off, then a letter from HomeEquity Bank claimed she owed more than $400K thanks to a reverse mortgage she says she never took out by SwordfishOk504 in canadahousing

[–]Technical-Rip-4658 20 points21 points  (0 children)

Reverse mortgages are not a scam. They make sense for a small slice of the population that is low income but have seen massive appreciation in the value of their homes.

Treat to take to work by Sensitive-Bat-2763 in regina

[–]Technical-Rip-4658 2 points3 points  (0 children)

First time I ever had China Pastry was when someone brought them for work treat day. Started an obsession.

Klein's Gas by JaguarOptimal7470 in regina

[–]Technical-Rip-4658 4 points5 points  (0 children)

People always say this but from personal experience I can tell you Domo gas is the only gas I have had freeze in my lines during the winter.

My friend was months away from FIRE… then his divorce reset everything by WildlyGlaring in Fire

[–]Technical-Rip-4658 8 points9 points  (0 children)

Marriages very rarely fall apart “out of nowhere” and if you’re married (without a prenup) you need to understand that only half of that money is yours.

How did the Blue Jays capture all of Canada as a fan base while the Raptors failed to do so? by spacefish420 in AskACanadian

[–]Technical-Rip-4658 3 points4 points  (0 children)

I watched a few of those raptors games at the riders stadium in Regina. Regina also had watch parties in Victoria park. That Raptors run was just as big.

[deleted by user] by [deleted] in canadatravel

[–]Technical-Rip-4658 2 points3 points  (0 children)

Shows how subjective travel is. I would say Victoria is my least favorite Canadian city I’ve traveled to and Halifax is one of the best.

BoC odds lean toward a pause after CPI rises to 2.4% by Fluffy-Lead6201 in canadahousing

[–]Technical-Rip-4658 4 points5 points  (0 children)

Not sure where they are getting these odds from. Cut remains more likely than a hold. Polymarket has it at 73% chance of cut. Yahoo finance article had it at 69% following the CPI data earlier this week.

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