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OT: Lets talk about stocks (Part 3)

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SOLR said:
Bank of Montreal have assets in Montreal/Toronto/Vancouver 38% inflated. I think its more than that, probably (5-10% gone already far from the core).

Toronto should not be in the same asset class as tier 1 cities like London, Tokyo and Paris. It's 7 million people, not 20+ million (but it is...)

Hong Kong is in free fall since the Chinese took over, not even in the same category at this point. Buying in Hong Kong is losing 100% of your money.

But let's talk about Bangkok, Dubai, Madrid, Rome etc. compare THAT, headaches guaranteed.
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Real Estate in Europe is also bonkers, very few people own properties there because it's so expensive. Edinburgh for instance, has most of its buildings owned by 10-12 people/companies.

Look at real estate in Ireland, notably Dublin, and tell me it's cheap.
 
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QuebecPride said:
Real Estate in Europe is also bonkers, very few people own properties there because it's so expensive. Edinburgh for instance, has most of its buildings owned by 10-12 people/companies.

Look at real estate in Ireland, notably Dublin, and tell me it's cheap.
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Dude you are talking about the outlier. haha.
Come on now.

Of course a TAX HEAVEN would have inflated assets.
 
SOLR said:
Bank of Montreal have assets in Montreal/Toronto/Vancouver 38% inflated. I think its more than that, probably (5-10% gone already far from the core).

Toronto should not be in the same asset class as tier 1 cities like London, Tokyo and Paris. It's 7 million people, not 20+ million (but it is...)

Hong Kong is in free fall since the Chinese took over, not even in the same category at this point. Buying in Hong Kong is losing 100% of your money.

But let's talk about Bangkok, Dubai, Madrid, Rome etc. compare THAT, headaches guaranteed.
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Maybe it is not a prime travel destination but Toronto is a world class city with strong FIN & Tech sectors. Add inflation from immigration while new constructions lag and I'm not expecting major price corrections in the RE market there.

Also despite what politicians say, they love high RE prices. Easy taxes & GDP growth.
 
Largest European war going on in 80 years no doubt times are choppy in market. I think S&P are down 400-500 points due to war and 400-500 down due to inflation and rising interest rates.

By fall, the war should be winding down. Taking some uncertainty out of the market. I expect inflation be under control and last of rising rates by then also. I think we will see good rally in market this fall early winter.
 
Scorey Perry said:
Largest European war going on in 80 years no doubt times are choppy in market. I think S&P are down 400-500 points due to war and 400-500 down due to inflation and rising interest rates.

By fall, the war should be winding down. Taking some uncertainty out of the market. I expect inflation be under control and last of rising rates by then also. I think we will see good rally in market this fall early winter.
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Once again, the war sped up the process, but this was inevitable. We are literally in an everything bubble. Everything, this will make 2008 look small imo. I wouldn’t be surprised if it’s here and we see the correction take place this week. All cryptos are falling, they usually lead the markets. BTC and ETH are tanking with room to fall further.

If you got cash on hand there may be some buying opportunities coming up assuming this system isn’t destroyed entirely.
 
BehindTheTimes said:
Once again, the war sped up the process, but this was inevitable. We are literally in an everything bubble. Everything, this will make 2008 look small imo. I wouldn’t be surprised if it’s here and we see the correction take place this week. All cryptos are falling, they usually lead the markets. BTC and ETH are tanking with room to fall further.

If you got cash on hand there may be some buying opportunities coming up assuming this system isn’t destroyed entirely.
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The war did far more than accelerate problems, it exacerbated them. Don’t downplay the significance of an oil crisis right when we’re having inflation issues.

I do agree a major correction was coming anyway but this has made things a lot worse.
 
Lafleurs Guy said:
The war did far more than accelerate problems, it exacerbated them. Don’t downplay the significance of an oil crisis right when we’re having inflation issues.

I do agree a major correction was coming anyway but this has made things a lot worse.
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I disagree, I think this was going to pop regardless of the Russian invasion. I think the situation has been deteriorating for 15 years and a cataclysmic event was on the horizon long before Putin lost his marbles. This was going to pop, but now they have an escape goat. Poor fiscal policy, corruption and a completely rigged system, but sure they’ll blame it on Putin and people will buy it.
 
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BehindTheTimes said:
I disagree, I think this was going to pop regardless of the Russian invasion. I think the situation has been deteriorating for 15 years and a cataclysmic event was on the horizon long before Putin lost his marbles. This was going to pop, but now they have an escape goat. Poor fiscal policy, corruption and a completely rigged system, but sure they’ll blame it on Putin and people will buy it.
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Come in this thread and the first thing I read is this.
Pretty funny typo.
 
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Scorey Perry said:
Market in major crash today. I say let her Humm. Has to be a lot of people hurting today. The losses, the losses
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As I said before… glad I (mostly) got out.

I don’t want to be just holding cash but for now, it seems the lesser of two evils. And I don’t think we’re done yet.
 
Deen said:
Best way to invest 5k?
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Hold onto it. Naw, I know what I’m doing, I continue to buy btc/Eth DCAing all the way to the bottom. I don’t know where it will be, but I’ll be buying until we get there and on the way back up too. The markets are a mess, this is just the beginning imo. Some cheap coins out there, but they will most likely be cheaper in the coming weeks. I DCA in case it reverses, but I don’t think a reversal is happening soon.
 
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