huntingforyield

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@JimboStanford Richer due to inflated home prices which have screwed over two generations of young people.

Intergenerational theft is not real wealth.

[Hanif Bayat @HanifBayat]

🚨 Big Bank Mortgage Rates: Advertised vs Reality

WOWA Data Labs analyzed 171 borrowers at RBC, TD, BMO & CIBC:
Actual 3-yr fixed rates were significantly lower than advertised ones.

💡TD gap: 48 bps = $2,400/yr saved on a $500K mortgage 😯

📉 Lesson: Advertised rates are just a start
• Negotiate
&
• Shop around: https://t.co/Y5XVJhlj32

---------------------
Provided by https://t.co/dFdSm9Tqkp
Simply Know Your Options🔍

[Floyd Marinescu 🔰 @floydmarinescu]

Every Ontario party is focused on boosting supply.

But none are tackling the other reason homes are expensive — demand for housing as an investment, driving up land prices.

We can't expect to build our way to affordability. Until parties see this, no platform will be enough.

[Brian Lilley @brianlilley]

Trump just used his speech at the WEF in Davos to say Canada can become the 51st state and they don't need our products.
His message, become a state or pay a tariff.

[Daniel Foch @danielfoch]

Canada pauses permanent residency sponsorship applications for parents, grandparents

https://t.co/A0YGqRBg4w

[BowTiedBull.eth - Read Pinned or NGMI @BowTiedBull]

A large faction of the USA is praying we go back in time to one guy at a W-2 with a stay at home wife with 2.5 kids like the Simpsons.

Nothing is bringing that back. The future is UBI, digital immersion and global competition.

What we or you want isn't relevant.

[ʎllǝuuop ʇuǝɹq @donnelly_brent]

A mistake I have made twice in my life is to think that the good times will last forever. We used to call the day trading office we worked at in 1999/2000 "The Faucet" because you just go in and fill up your account with P&L every day.

Needless to say, the good times never last forever.

Each subsequent million has less marginal utility than the first million. If you are up crazy amounts, you will never regret putting $350k into t-bills for every $1m you make.

You only have to get rich once.

[ʎllǝuuop ʇuǝɹq @donnelly_brent]

A friendly reminder that the obvious trade doesn't always work. Reaganomics was great for stocks, eventually. But it took years to get back to flat if you bought post-election.

[THE SHORT BEAR @TheShortBear]

If you did not prepare this weekend...

I'm not sure how you think you are taking this profession seriously.

Dozens of setups, short and long, intraday and multi-week.

Today was heaven for traders.
It does not mean it is easy, however setups were present.

[Steve Saretsky @SteveSaretsky]

The federal government is planning to decrease permanent resident intake from 485,000 this year to 395,000 in 2025. The government is planning to further cut intake to 380,000 in 2026 and 365,000 in 2027. Announcement expected tomorrow.

[Steve Saretsky @SteveSaretsky]

People telling me 4% mortgage rates are not cheap need a reality check. This is still historically cheap money.

[Ben Rabidoux @BenRabidoux]

This is stunning.

TD should have stuck to doing this stuff in Canada where there's no real enforcement.

[WOWA.ca @WOWA_Canada]

Lowest Mortgage Rates: Oct 2, 2024🍁
(Changes from Sep 25)

🇨🇦 Mortgage rates: https://t.co/ZoipfgpcwP

Rates are dropping!

3-yr fixed
Insured: 4.09% (-10bps⬇️)
Uninsurable: 4.24% (-15bps⬇️)

5-yr fixed
Insured: 3.99% (-5bps⬇️)
Uninsurable: 4.19% (-10bps⬇️)

5-yr variable
Insured: 5.20% (+5bps⬆️ )
Uninsurable: 5.50% (-5bps⬇️)

5-yr bond yield: 2.79% (+1 bps⬆️)

------------------------
Provided by https://t.co/pjCEqedxba
Simply Know Your Options🔍

[Justin Trudeau @JustinTrudeau]

We’re granting 35% fewer international student permits this year. And next year, that number’s going down by another 10%.

Immigration is an advantage for our economy — but when bad actors abuse the system and take advantage of students, we crack down.

[Daniel Foch @danielfoch]

An important note among today's CMHC announcements:

ALL homebuyers got 30-year ams on new builds.

That's 10-15% more buying power for brand new homes with the same income.

Remember when I said we'd see a bailout for builders facing failed closings? This is the first layer.

[Daniel Foch @danielfoch]

Ottawa raises price cap on insured mortgages to $1.5-million

https://t.co/Z3Ro8gIzau

[WOWA.ca @WOWA_Canada]

Lowest Mortgage Rates: Sep 11, 2024🍁
(Changes from Sep 5)

🇨🇦 mortgage rates: https://t.co/XWvAM2IOZq

Most rates are at their lowest since Dec 2022!🎉

3-yr fixed
Insured: 4.29% (-10bps⬇️)
Uninsurable: 4.69% (-20bps⬇️)

5-yr fixed
Insured: 4.14% (-5bps⬇️)
Uninsurable: 4.39% (-20bps⬇️)

5-yr variable
Insured: 5.15%
Uninsurable: 5.55%

5-yr bond yield: 2.75% (-8 bps⬇️)
------------------------
Provided by https://t.co/pjCEqedxba
Simply Know Your Options🔍

[Lance Breitstein 🇺🇸🌎 @TheOneLanceB]

MOST REWARD = LEAST CONFIRMATION

Too many traders wait for too much confirmation where EV is way worse.

Best EV often is buying the turn / breakout / news BEFORE the market proves you’re right.

Harder psychologically, but more profitable!

-TheOneDaVinciB 🎨🖼️

[Simon Ree @simon_ree]

As yourself, "Is the stock market ignoring bad news and focusing on good news? Or is it ignoring good news and focusing on the bad?"

This will guide you on whether we're in a "buy the dip" or "sell the rip" environment.

[The Jobfather ® 🇯🇲🇨🇦🇬🇧 @TheJobfather__]

KING