This CNBC article discusses the reasons behind the hot real estate market, and what potential buyers should do before purchasing a house https://www.cnbc.com/2021/06/17/why-experts-say-you-might-want-to-wait-to-buy-a-new-house.html Multiple Choice Questions Currently with houses staying on the market for 6 days It is bad news for sellers It is bad news for buyers It is good news for both buyers… Read more »
Posts Categorized: Personal Finance
So, You Are Shopping For A Car At A Terrible Time. Here’s What To Keep In Mind
This NPR article talks about the current car shortage and the reasons behind it. Given the current price hikes, the article gives the reader some options to consider before buying a car. https://www.npr.org/2021/09/24/1039620891/shopping-cars-new-used-dealers Questions for Discussion Of all the options listed in the article which one resonated with you the most? The article suggests… Read more »
Peloton Turns From Lockdown Darling to ‘Mispriced’ Growth Stock
Description: Peloton Interactive Inc. is going from a lockdown darling to a startup struggling to make money as the world comes back to life, boosting the likes of Airbnb Inc Source: Bloomberg.com Date: Nov 05, 2021 Link: https://www.bloomberg.com/news/articles/2021-11-05/peloton-turns-from-lockdown-darling-to-mispriced-growth-stock?srnd=premium-canada Questions for discussion: What does the report say to investors about valuations of stocks? What should investors expect in… Read more »
Canadian tech firm Lightspeed walloped by short-seller attack
Description: Spruce Point Management alleges tech company has exaggerated its finances, prompting 11% stock plunge Source: CBC.ca – video report Date: Nov 01, 2021 Link: https://www.cbc.ca/news/business/lightspeed-stock-short-seller-1.6194974 Questions for discussion: Summarize the key points affecting the stock price. What would you advise investors – buy, sell, or hold? Explain your thinking.
5 Ways Rich People Make Money With Debt
This 11:08 YouTube video talks about embracing debt to create wealth. Although conventional wisdom talks about avoiding debt, this video explains how the rich use debt to create more wealth by using different strategies. https://www.youtube.com/watch?v=nZ4SAXgUrIc&t=7s Multiple Choice Questions The average amount of debt per household in the US is $10,000 $5315 $7315 $20,000… Read more »
25 key terms everyone with a credit card should know
This article published on cnbc.com gives the key terms that any credit card user must be familiar with. The article not only covers the terms but gives the reader some ideas on what to look out for when dealing with the varying terms and conditions. https://www.cnbc.com/select/common-credit-card-terms/ Questions for Discussion. What does balance transfer mean in… Read more »
Hyperinflation warnings are ‘totally ridiculous,’ economist and longtime bear David Rosenberg says
Description: Economist David Rosenberg suggests hyperinflation warnings are irrational. The longtime bear, known for his contrarian views, blames rising prices on Covid-19-induced supply side shocks. According to Rosenberg, it’s wrong to assume the impact will cripple the economy and feed into runaway inflation. Source: CNBC.com – video report Date: Oct 26, 2021 Link: https://www.cnbc.com/2021/10/26/hyperinflation-warnings-are-totally-ridiculous-david-rosenberg.html Questions for… Read more »
Shopify’s 6-year earnings streak shatters; shares drop 6%
Description: Shopify Inc. posted weaker-than-expected adjusted earnings in the third quarter, the first time it has disappointed analysts since its 2015 initial public offering, as merchants did less business across its platform than expected. Source: BNNBloomberg.ca – video report Date: Oct 28, 2021 Link: https://www.bnnbloomberg.ca/shopify-s-6-year-earnings-streak-shatters-shares-drop-6-1.1673324 Questions for discussion: Summarize the key points presented in this… Read more »
How to LEGALLY Avoid Paying Any Taxes
This 16:47 YouTube video gives the viewer strategies to legally avoid paying taxes. Kris Kohn explains how owning a property or a business can give investors all kinds of tax breaks to defer tax obligations, while creating a positive cash flow. https://www.youtube.com/watch?v=Ldw5nH9vJ0k Multiple Choice Questions When someone can lower their total tax liability, it… Read more »
D2C Clothier Rent The Runway Taxis For Public Offering Takeoff
Description: D2C clothier Rent The Runway’s active subscribers and revenue plunged as a result of remote work and restricted social gatherings. Now the company is taxiing for takeoff in an initial public stock offering aiming for a valuation of between $1.24 billion to $1.46 billion, according to a revised Securities and Exchange Commission filing on… Read more »
