This is the front cover of the local Barrie Advance paper delivered to our driveway yesterday morning. Wowza!!
Then again…the Canadian stock market is up 69% in the past year (if you measure from the crash low in March 2020). So…easy money is all around. Of course, the sales force is devoid of cycle savvy, so there’s never any plan to cash a winning ticket and protect the proceeds. The focus is always on how to lever up for even more exposure at all-time highs.
Time-tested truth: when realtors, mortgage brokers, stockbrokers and mut fund sellers are bragging about their sales awards and leasing fancy cars, buyers are due for losses.
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