Offensive Threat

Im gonna call B.S. on this right now. They dog and pony these numbers to the public but somewhere along the line they always disappear as the projects move ahead and we once again get no new social housing in the core. How much of the former Olympic Village was originally planned to be social housing? All of it was removed from plans before construction even began. Long before the cost overruns and other problems became clear. P.S. The liberals have been in power in BC since 2001. The province has been in a massive housing price increase wave since 2001. The fact that they did nothing to stop or even slow it at all until just recently is appalling and inexcusable. Yes, Christy Clark and Gordon Campbell before her are the reason you cannot afford to buy in this city.

Was tight. She came in at right around 2:30 and the over/under I bet was at 2:25. Vegas odds were all around 2:30 so a lot of people won/lost by a single second.

Thot NFS Most Wanted for free! I remember that great game so went to get it and yup, I already had it. I seem to have a lot of games In my library I completely forgot about. Still picked up a couple batman games today. Our Telus Optik internet sucks here. Has to reconnect every few minutes. Will prob take forever to DL them

The superbowl weekend drinking spree has begun. Im not allowed to drink beer anymore, Doctors orders...something to do with wheat and hops and whatever so Im doing a few Caesars followed by Gin and tonics all day/Night and tomorrow. Got $100 on Lady Ga-ga going over on the National Anthem.

Apparently the Saudis have been highly unimpressed by the resilience of US shale suppliers. OPEC is infighting as their their strategy is particularly hurting poorer members like Angola and Nigeria and an emergency meeting is going to happen sometime in February. Still in OPEC it takes a unanimous vote to change strategy and they are a house deeply divided.

Has he ever made a single dollar that did not involve F'ing someone over?

Netflix has been expanding service very aggressively lately. They have full coverage in North, central, and South America. Working towards full penetration in Europe. While Hong Kong, Singapore, South Korea are all in the pipeline. The stock has more than doubled in value in the last year so its been on a run. Its at $120 a share now. We could have bought in in 2013 at under $8 a share. Aint hindsight great?

Buffet has 0.6% of his portfolio in the energy sector. Im guessing he doesnt spend much thought on them.

As long as marijuana is illegal in the US at the federal level and Canada could reverse its decisions on medical marijuana I wont be touching any stocks in that sector. The potential for a massive loss is there. Once its stable under law I would look at it. As it is now there is high volatility and risk with marijuana stocks. If you REALLY know what you are doing theres money to be made.

I have TD bank and Bell (BCE) on the TSX and besides paying decent dividends both are going up in general. BCE pays a 4.55% div and is up over 7% on the year to date. But yeah. In general we are seeing some declines. Might be time to move into a REIT or something.I had a 5 year love affair with CN rail that ended back in March. That stock paid over 30% annually in both 2013 and 2014. Its down this year so I sold at the right time. Even though the companies profits this year are huge and its earning are increasing. It should be up but whatever. Reality and the market dont interact much sometimes.

So people in mainland China are using Bitcoin to move money out of China ( apparently to buy Vancouver property) by bypassing the controls Beijing has put in place to limit how much cash can flow out. By Chinese law the maximum amount that can usually be moved per person per day is the equivalent of $3200 US. Bitcoins being near impossible to track make it simple to bypass and the numbers doing it are driving its value through the roof. Well CanadianLoonie should be raking in the profits. 22% rise so far TODAY alone and the days only half over.

Its already up. If you bought late last month then good job but now, I dunno...

I saw The Warriors, I know what a gang is. If Trudeau and his boys walk around in matching leather vests Ill buy that.

If there was no Governments the world would be ruled by gangs and mobs.

High demand doesnt really help the Canadian oil industry where its costing more to produce the oil than they can sell it for. They need the price to go up and that is controlled globally by Saudi Arabia who are keeping production high to maintain the glut and force companies to close wells and in some cases go bankrupt. They are taking the loses to kill competition and no amount of Canadian Infrastructure works are going to have any effect on the global price of oil as long as they are doing this.

Higher demand wouldnt effect the price of oil. The price isnt set in Canada.

18 due to contract law. You can set up a custodial account with a parent or other trustworthy adult if you are underage. Maybe theres another way around it I dont know about. It hasnt been a concern of mine in many many years lol.

Until late last month. NYSE and TSX have been going up since then.

And there are plenty who go broke.

Thats a big problem some people have. Investing takes time to make big money. Years. Decades. People expecting to get rich quick are gonna be disappointed. The big money makers like Gates and Buffet are long term investors. The dont let short term fluctuations get in the way of long term strategy. To those predicting a financial cliff... This prediction is constant. My entire life Ive heard it being preached as always right around the corner. It never happens. Corrections happen and the stock market rebounds. That is all. Change is slow and incremental not one day to the next wham bam. Boring yes but true.Wanna know who lost their shirt in the 2008 "Crash"? Those who were not willing or able to hang in there for the turnaround.Those that stuck it out rode a huge wave up in the following years.

Everybody who wasnt there or was a kid in 1995 thinks prices have gone up so much on everything. On housing, Yes, in Greater Vancouver especially, pricing has gone through the roof, everything else, not so much. Flights are so much cheaper now. You couldnt go to Expedia back then to get a great rate on a hotel. It didnt exist. None of those sites did. Amazon? Ebay? Craigslist? No no and no. The internet existed but buying anything online was still very new. (Ebay actually did start in Sept 1995 but it was so small it was a side business of 1 man). Go to Costco and find anything that costs 3X as much now. Christ a lot of basic stuff is cheaper. P.S. The average price of gas at the pump in Canada right now is $1.04 liter. Exactly 10 years ago it was $1.04 liter . But gas prices have always been tied to Saudia Arabia and OPEC playing politics more than actual free market inflation. Average new car/truck price in 1995: $19,850 . in 2015: $33,400. So 168%.

156% according to the inflation calculator provided by the U.S. Bureau of Labor Statistics. Since the Dow is US I figured a US inflation rate was appropriate. But all these numbers are kinda weak without any mention of taxation which can be minimal or insane depending on your personal situation and volume/type of investments.

A annual return of 10% would still be modest. Add a couple % for reinvesting dividends. The Dow Jones Industrial average from 1995 to 2015 is over 300%.

Well the boomers are retiring. We can all move up the ladder shortly.

Thats what they told us Gen Xers. We would be worse off than our parents. In the 1990s they were telling us we would all be replaced by robots in 20 years. They were telling kids going into University to not bother studying accounting as they would be replaced by a computer program within 10 years. Ignore what they tell you about the future because they are talking out of their asses. If you dont go to school or get a trade a Gen Y will probably be worse off. If you go to school but study philosophy or Egyptian poetry you may well be worse off. If you chart a career path and take the schooling to get you there you will be just fine. Thats the reality. People seem to think the baby boomers just fell ass backwards into giant pools of money. My parents are boomers. They are retired and they are well off but when I was a kid we lived in rentals. We had hand me downs and did without things while my Dad worked during the day and went to college at night. Both my parents worked once us 3 kids were old enough to go to daycare. They worked hard and saved and invested. Nothing was handed to them. We have so much more than they ever did and we call ourselves worse off. ignorance is bliss.