CompoundQuest ⏰ 》💵

Engineer 📐| Investor 📈📉| Trend Follower| Nature lover| interested in learning Personal Finance, Economics, Energy & Climate

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AaronHectorCFP I would be interested. Q#1, 3 both apply to us. If I missed the cut off, I would be glad to be considered for waitlist, if possible. Thank you!

[Heather Exner-Pirot @ExnerPirot]

New RBC report: between 2015-2024, more than $1 trillion in investment exited Canada—the largest capital exodus in Canadian history.

Six sectors where Canada can attract back investment:
Oil and gas ➡️  $705 billion
Electricity ➡️ $635 billion 
Mining ➡️ $200 billion
Agriculture and food processing ➡️ $205 billion 
Defence and space ➡️ $30 billion

Read the full report here: https://t.co/cQo5APqQBr

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@dollarsanddata One exception is when one is developing the basement and rents it out. Typical reno cost of $45k and unit can yield $12k-$14k annually in our area. 25-30% return, so can't beat that. Not scalable though. The owner lives on the upper floor, so it is easier to watch the property.

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham Time to grab this RRSP Bull(shit) by its horns 😅

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham Lol 😂

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham Aim for 10%, plan for 6%...is that a no-go zone as well?

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham @benjaminfelix Devil's Bargain - very apty described by Ben

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham Absolutely!

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham This is how its done

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@egr_investor As Munger used to say, to ask the question is to answer it 😉

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@LynAldenContact Just getting ready to leave the station 😉

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham I have always felt uncomfortable investing in this space. Leveraged portfolio of sub-prime mortgage never really inspired confidence. In the absence of mark-to-market, everything looks a straight line up into the right. It has the potential to behave like Thanksgiving Turkey.

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@LooniesAndSense Beautiful place. Visited there with family last May - one of the most memorable trips

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham Tax deferred hands down

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@MarkMcGrathCFP @Tablesalt13 Lol 😂

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@MarkMcGrathCFP

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@MarkMcGrathCFP Yes, and the biggest difference maker is #3. Power law 💥

[CompoundQuest ⏰ 》💵 @CompoundQuest]

@AravindSitham In other words, buy your own "life put" so you can enjoy the "fed put" lol 😆

[CompoundQuest ⏰ 》💵 @CompoundQuest]

And hence the statement by Carolyn Rogers of BOC? @SteveSaretsky @IceCapGlobal @RichardDias_CFA

[Adam Chambers @adamchamb]

Hedge funds now absorb approx 40% of Canadian government debt issuance.

If non-bank investors stop buying our debt or demand higher rates, there is significant upside pressure to debt service costs, further eroding Canada's fiscal position.

This is a big risk for Canada. The government is addicted to spending and negligently borrowed money short term during covid. From now on a record amount of debt needs to be issued every year.

Because these funds often use leverage, we are now much more vulnerable to an external credit event impacting demand for Canadian debt issuance.

Buckle up.