We No Longer Care Who’s Going to Pay
03/24/2021 5:58 AMYou can tell an election's coming. The NDP's promising to forgive $20,000 in student debt even if you come from a wealthy family or didn't attend classes or...
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Big Fat Idea – Buy Real Estate Right Now
03/23/2021 11:14 AMKyle Green joins Mike to explain how you should be buying real estate right now - because if you bought a property that had 0 positive cashflow and had 0 appreciation, you would still be making 10% return on your investment by having your tenant pay down your mortgage...
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MarineMax, the largest boat dealer in the US, has seen its stock jump from ~$8 to $58 per share since March of 2020
03/23/2021 7:28 AMPeople bought boats like crazy last year. The pandemic has had a devastating impact on car and airplane sales. Between travel restrictions and reduced domestic mobility, dealerships and major manufacturers in both sectors have seen some of their biggest dips since...
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Texas Freeze Creates Global Plastics Shortage
03/23/2021 6:52 AMFirst, it was a demand slump across pretty much every manufacturing industry because of the pandemic. Then a surge in demand for electronics caused a shortage of microchips, which hit the automotive industry particularly hard. Now, the Texas Freeze has caused a...
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At What Point Do We Say We Learned Our Lesson with China?
03/23/2021 6:05 AMNot allowing consular representatives at either Michael Spavor or Michael Kovrig's trial it's just the latest example of China breaking their signed agreement with...
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Good to Know
03/22/2021 9:17 AMReal Interest Rates vs Nominal Rates - the difference between borrowing and lending rates (nominal rate) minus inflation = real rate. ie 5 yr bond annual interest rate is just over 1% per year - you then subtract the inflation rate, 1.1% = real rate of negative 1/10th...
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STAT OF THE DAY
03/22/2021 9:00 AMWhich tech firms hired the most last year? According to The Information, the companies that increased head count % the most were Zoom (+74%), Amazon (+63%) and Twilio (+59%). A few cybersecurity firms (Crowdstrike and Cloudflare) and work productivity firm Atlassian...
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March Madness Gamblers Expected To Break $8.5 Billion Record Thanks To Mobile Sports Betting
03/22/2021 6:50 AMWith online gambling now legal in 25 states, the 2021 NCAA tournament will be a slam dunk for gaming sites—and the friendly office pool may never rebound. Bob, a 34-year-old gambler from Illinois who works in logistics, has bet in his office March Madness pool for the...
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The Spectacular Rise of the Blank Cheque Companies (the SPAC)
03/22/2021 6:49 AMSpecial purpose acquisition companies — or “blank check companies” — are suddenly all the rage on Wall Street. What’s the deal? TL;DR: A SPAC is a publicly traded shell company set up specifically to merge with, and take public, a private company. In the past year,...
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Do You Know What Yield Curve Control or Quantitative Easing is?
03/22/2021 6:17 AMBecause they have a major impact on your financial well being. So I want to help by regularly posting definitions and explanations to these key concepts so that you can know what's going on and engage in the...
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