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View Poll Results: Does Canada have a housing bubble?
Yes, Canada has its own huge housing bubble 4 50.00%
Yes, but the bubble is moderate compared to countriesd like US 1 12.50%
The bubble exist only in big cities like Toronto, Vancouver, Montreal, Calgary, etc. 1 12.50%
Canadian housing is fairly priced 1 12.50%
What bubble?!? Canadian housing is underpriced 1 12.50%
Voters: 8. You may not vote on this poll

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  #11  
Old 10-09-2009, 06:45 PM
Canadian Canadian is offline
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Originally Posted by Rickson9 View Post
No. I said that, 'I think people have been predicting a RE bubble pop for the last half decade now...'
So tell me where do you think the Canadian RE is going then?
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  #12  
Old 10-10-2009, 02:54 AM
Rickson9 Rickson9 is offline
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Originally Posted by Canadian View Post
So tell me where do you think the Canadian RE is going then?
I don't know. Nobody knows.

"It's hard to make predictions, especially about the future." - Yogi Berra
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  #13  
Old 10-14-2009, 04:50 PM
trent trent is offline
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Originally Posted by Rickson9 View Post
I don't know. Nobody knows.

"It's hard to make predictions, especially about the future." - Yogi Berra
In order to put or not to put money in any market (stock, real estate, etc.) you need to have an opinion, so unless you are fine sitting on cash, you better get one .
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  #14  
Old 10-16-2009, 10:00 PM
Rickson9 Rickson9 is offline
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Originally Posted by trent View Post
In order to put or not to put money in any market (stock, real estate, etc.) you need to have an opinion, so unless you are fine sitting on cash, you better get one .
There is no benefit for me to have an opinion on the direction of an entire market nor do I need one to allocate capital.
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  #15  
Old 10-22-2009, 04:45 PM
trent trent is offline
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Originally Posted by Rickson9 View Post
There is no benefit for me to have an opinion on the direction of an entire market nor do I need one to allocate capital.
Really? So if the market takes dive of 40% in the next 2 months , you will be spared because you are a great stock picker?
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  #16  
Old 10-23-2009, 02:47 AM
Rickson9 Rickson9 is offline
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Originally Posted by trent View Post
Really? So if the market takes dive of 40% in the next 2 months , you will be spared because you are a great stock picker?
Let me know when you can predict a 40% dive in the next 2 months (or any time for that matter). I would pay good money for that to happen.

"If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month."
-Warren Buffett, 2008 Berkshire Hathaway shareholders meeting

Going back to the original point:
"There is no benefit for me to have an opinion on the direction of an entire market nor do I need one to allocate capital."
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  #17  
Old 10-23-2009, 07:08 PM
trent trent is offline
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Originally Posted by Rickson9 View Post
Let me know when you can predict a 40% dive in the next 2 months (or any time for that matter). I would pay good money for that to happen.

"If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month."
-Warren Buffett, 2008 Berkshire Hathaway shareholders meeting

Going back to the original point:
"There is no benefit for me to have an opinion on the direction of an entire market nor do I need one to allocate capital."
You still haven't answered my question
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  #18  
Old 10-25-2009, 04:42 AM
Rickson9 Rickson9 is offline
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Originally Posted by trent View Post
Really? So if the market takes dive of 40% in the next 2 months , you will be spared because you are a great stock picker?
Going to your digression, the answer would be yes.

I pray for that outcome every day.
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Last edited by Rickson9; 10-25-2009 at 04:44 AM.
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