Originally Posted by
ExtraSlow
If you are good at being smarter than the people paid to predict the markets, then there's real money to be made. I am not.
It's been statistically proven time & time again that the people who are paid to predict the markets are in the aggregate no better than a monkey flinging poo at a wall of charts. ES, I whole-heartedly believe you are smarter than those monkeys.
As for OP, people have been waiting to time the impending crash in real-estate markets like Vancouver & TO for 20 years and it hasn't happened, not on a wholesale level anyway. Calgary and the rest of Alberta can and often are fundamentally disconnected from pricing trends across the rest of the country anyway. If oil hits $120 BBL I don't care what the interest rates are or what else is going on in the world the price of housing here will skyrocket and if it hits $20 BBL Alberta real-estate is going to the shitter.
"Masked Bandit is a gateway drug for frugal spending." - Unknown303