Quote of the Week
03:55 – 18:27: Featured Guest Lance Roberts – As the Stock Market Bull grinds higher & higher more and more investors are gravitating to “passive” indexes and sector specific ETFs. It’s a strategy that works when liquidity is high and values continue to grow. But what happens in a bear market? Or when liquidity becomes an issue? Lance Roberts posits the uncomfortable scenario – “what happens if those passive investors become active panic sellers?”. Lance winds up warning investors about the “best way to ruin yourretirement”
Paying lip service, waving signs talking big achieves next to nothing. We love our virtue signaling though, since anyone can do it with very little energy, focus, commons sense or practicality required. It also explains why we’re talking about the same issues for decades because we increasingly value talk over action. Unless our public leaders are putting forth specific plans founded on research & historical facts, that welcomes critical evaluation, it’s just blowing smoke.
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They Want Higher Taxes So Government Can Waste More Money
Posted by Michael Campbell
on Saturday, 26 May 2018 20:04
00:-54 – 06:02 Michael -New taxes on homes, carbon taxes, higher CPP premiums, car insurance, ultility rates and property taxes to name just a few but not a word about the waste and inefficient spending. Lots of examples like the $910 million blown on the Phoenix pay system and $212,000 on the 2017 Budget cover.
….also