Book and Weblog – Authored by Garth Turner — Greater Fool – …
WEBThe views expressed are those of the author, Garth Turner, a Raymond James Financial Advisor, and not necessarily those of Raymond James Ltd. It is provided as a general source of information only and should not be considered to be personal investment advice or a solicitation to buy or sell securities.
Book and Weblog – Authored by Garth Turner - Greater Fool
WEBThe views expressed are those of the author, Garth Turner, a Raymond James Financial Advisor, and not necessarily those of Raymond James Ltd. It is provided as a general source of information only and should not be considered to be personal investment advice or a solicitation to buy or sell securities.
Coming in soft — Greater Fool – Authored by Garth Turner – The …
WEBAug 15, 2024 · The US inflation rate cracked 3%, finally, coming in at 2.9%. That’s the lowest level in three years. It is a material victory after the cost-of-living index crested at 9.1%. This is the lowest number since early 2021. It sets the scene for an all-but-certain rate drop on September 18th.
Across the line — Greater Fool – Authored by Garth Turner – The ...
WEBJan 7, 2024 · 282 comments ↓ #1 Russ on 01.07.24 at 11:50 am . Thanks for the words o’ wisdom Garth. I’ve always thought of you as a wise guy. And Happy New Year too. Cheers, Russ #2 Steerage on 01.07.24 at 11:52 am . The problem with social media is the anonymity…while it lets you get a different perspective to some degree it just gets overwhelmed by staggering levels of ignorance and misinformation…
The doves — Greater Fool – Authored by Garth Turner – The …
WEBAug 22, 2024 · A nice almost sq 2000 SF detached house in downtown Mississauga just sold for less than 1m (925k). There are still a lot of unrealized losses coming though, as this is more preferable than most 2 – 3 bedroom condos …
Authored by Garth Turner - Dr. Garth — Greater Fool
WEBAug 21, 2024 · When you look at the pre-retirement age group, 55 to 64 = $75,030, $6,253/mo, it is clear that not a lot of retirement pension planning happened since the after-tax median income drops by 34% at age 65 and older. The 45-54 age group at $88,930 in 2022; thus, a 44% median income drop when they get 65 and older.
Reality bites — Greater Fool – Authored by Garth Turner – The …
WEBAug 16, 2024 · A slurry of new taxes increased the cost of real estate. The population grew rapidly once Covid left town. Sellers bought into the story that rate hikes would be temporary. Supply-chain issues from the pandemic combined with big wage gains and material price hikes to shoot building costs higher.
Authored by Garth Turner - Our way — Greater Fool
WEBJul 1, 2024 · Here on Vancouver Island, the Bigleaf Maple is the largest and most common maple tree. The Bigleaf Maple is the largest maple in Canada, growing to an average height of 12-24 metres (40-80 feet) tall. But they can grow up to 40-50 metres (131-164 feet) tall. The trunk diverges into numerous long, thick vertical limbs.
Long & wrong — Greater Fool – Authored by Garth Turner – The …
WEBAug 1, 2024 · So no CMHC insurance, and no long loan. Plus in Etobicoke, like the rest of the GTA or metro Vancouver, you can’t get a new house for less than $1 million, which is the CMHC ceiling. So, no thirty-year loan. In the GTA, for example, the average new-build condo is $1,023,389. The average SFH (detached or town) comes in at $1,613,613.
The moanfest — Greater Fool – Authored by Garth Turner – The …
WEBAug 26, 2024 · MR Turner says stop moaning…The Consumer Price Index (CPI) rose 3.9% on an annual average basis in 2023, following a 40-year high increase of 6.8% in 2022 and a 3.4% increase in 2021. Aside from 2022, the annual average increase in 2023 is the largest since 1991. It used to be 12%.
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