The segment below offers some real talk about the madness that passed as investing savvy in Canadian real estate over the last decade. Until the ‘easy money’ tide goes out, most have no idea how ill-advised and self-destructive their behaviours are. Revelations tend to spread as prices drop and losses compound.
The Shocking Contrast between A Professional Financial Advisor and A Real Estate Wealth Coach. How this lust for Real Estate Investment blew up after 2009 & has, for some people, ended in Tragedy today. Here is a direct video link.
Similar truths apply to the “financial advice” and investment management areas, where most people deal with risk-selling agents rather than risk-management fiduciaries. It’s often only when bubbles burst that reality dawns. By then it is usually too late.
