Mike's Daily Comment
Shocking Stat
You’re not guessing this one. How much money would you have to have to match the purchasing power of $1 in 1971…or the year 2000. No one’s getting this one right.
Goofy Award
The debate is on. Is 2+2=4 a product of racism? Some say it is and it’s coming to a classroom in America. Can Canada be far behind?
The Bank of Canada’s record low rates pushed housing prices higher – and now they can’t so anything about it. Ace analyst, Lance Roberts weighs in on gold, stocks and interest rates. Ozzie talks about the big change in mortgage requirements and a stat that is guaranteed to shock you.
The Bank of Canada says high housing prices are a big worry. Ironic because they’re the one who created the problem with record low interest rates – and now they’re stuck.
Sorry for the cliche but we don’t know what we’ve got til their gone. It’s time to pay attention.
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I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.
~ Dale G.
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I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.
~ Dave E.
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Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
~ der_al.
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A sane voice in a scrambled investment world.
~ Ed R.
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How to Reduce Risk and Get Things Right
Posted by Michael Campbell
on Monday, 24 May 2021 6:45
Seek out alternative opinions and ask questions whether we’re talking investment, pandemic response or anything else, in order to see if you’ve overlooked something but increasingly that approach is rejected.