Comments on: This and That # 108 http://www.canadiancapitalist.com/this-and-that-108/ Helping you invest and prosper Sat, 11 Feb 2012 18:51:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Mortgage http://www.canadiancapitalist.com/this-and-that-108/#comment-156586 Canadian Mortgage Fri, 19 Sep 2008 20:39:28 +0000 http://www.canadiancapitalist.com/?p=1239#comment-156586 Hi CC, Appreciate the mention. It's funny that the finance department hasn't closed this loophole (i.e. cash back to effectuate 100% financing). Hopefully consumers will become informed enough to avoid cash back mortgages on their own. Cheers, Rob Hi CC, Appreciate the mention. It’s funny that the finance department hasn’t closed this loophole (i.e. cash back to effectuate 100% financing). Hopefully consumers will become informed enough to avoid cash back mortgages on their own. Cheers, Rob

]]> By: Squawkfox http://www.canadiancapitalist.com/this-and-that-108/#comment-153822 Squawkfox Sun, 07 Sep 2008 15:45:30 +0000 http://www.canadiancapitalist.com/?p=1239#comment-153822 Hey CC! Thank you so much for mentioning my eBook! I'm so happy you liked it. (It was a lot of work putting it together) :) Hey CC! Thank you so much for mentioning my eBook! I’m so happy you liked it. (It was a lot of work putting it together) :)

]]> By: Aleks http://www.canadiancapitalist.com/this-and-that-108/#comment-153462 Aleks Fri, 05 Sep 2008 21:08:34 +0000 http://www.canadiancapitalist.com/?p=1239#comment-153462 It's possible we've reached the bottom, but I question the validity of any indicator based on research done since 1987. I don't think this is just going to be a brief dip followed by a rebound. Has there even been a true bear market since 1987? More far-reaching research shows that stocks can fail to outperform bonds for a decade or more. There's a lot of bad stuff related to the housing bubble that hasn't happened yet and I don't think has been priced into the market, but is virtually inevitable. There's still a ton of bad debt hidden in level 3 assets. If it were all marked to market right now, a lot of banks would be insolvent. The bond insurers cannot continue with their current business model. And here in Canada, our housing bubble is just <i>starting</i> to burst. Of course, all that can happen without the stock market dipping lower. It may just stay more or less flat for a long time. But I think using investor sentiment since 1987 as a metric is fundamentally flawed. How low did sentiment go during the depression or stagflation? How many bottom calls were made on the way down? It’s possible we’ve reached the bottom, but I question the validity of any indicator based on research done since 1987. I don’t think this is just going to be a brief dip followed by a rebound. Has there even been a true bear market since 1987? More far-reaching research shows that stocks can fail to outperform bonds for a decade or more.

There’s a lot of bad stuff related to the housing bubble that hasn’t happened yet and I don’t think has been priced into the market, but is virtually inevitable. There’s still a ton of bad debt hidden in level 3 assets. If it were all marked to market right now, a lot of banks would be insolvent. The bond insurers cannot continue with their current business model. And here in Canada, our housing bubble is just starting to burst.

Of course, all that can happen without the stock market dipping lower. It may just stay more or less flat for a long time. But I think using investor sentiment since 1987 as a metric is fundamentally flawed. How low did sentiment go during the depression or stagflation? How many bottom calls were made on the way down?

]]> By: DAvid http://www.canadiancapitalist.com/this-and-that-108/#comment-153350 DAvid Fri, 05 Sep 2008 14:44:45 +0000 http://www.canadiancapitalist.com/?p=1239#comment-153350 Re: #2 & #3, while the smart money guys state now is the time to invest, it is tough to watch investments purchased last month drop 3%! I want to learn how to invest retroactively in the Stock Market! DAvid Re: #2 & #3, while the smart money guys state now is the time to invest, it is tough to watch investments purchased last month drop 3%!

I want to learn how to invest retroactively in the Stock Market!

DAvid

]]> By: Four Pillars http://www.canadiancapitalist.com/this-and-that-108/#comment-153261 Four Pillars Fri, 05 Sep 2008 02:10:46 +0000 http://www.canadiancapitalist.com/?p=1239#comment-153261 Thanks for the link to the Bernstein article! I spend too much time reading blogs about nothing and not enuf time on major media which does have some good stuff now and again. Mike Thanks for the link to the Bernstein article! I spend too much time reading blogs about nothing and not enuf time on major media which does have some good stuff now and again.

Mike

]]> By: Michael James http://www.canadiancapitalist.com/this-and-that-108/#comment-153260 Michael James Fri, 05 Sep 2008 02:07:19 +0000 http://www.canadiancapitalist.com/?p=1239#comment-153260 Thanks for the link. Have a good weekend. Thanks for the link. Have a good weekend.

]]> By: MillionDollarJourney http://www.canadiancapitalist.com/this-and-that-108/#comment-153255 MillionDollarJourney Fri, 05 Sep 2008 01:46:12 +0000 http://www.canadiancapitalist.com/?p=1239#comment-153255 Thanks for the mention CC. Enjoy the weekend! Thanks for the mention CC. Enjoy the weekend!

]]>