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ArcticCrusher

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Posts posted by ArcticCrusher

    16 minutes ago, steve from amherst said:

    ouch !

     

    INDEXDJX: .DJI - Feb 28, 4:41 PM EST
    Dow Jones Industrial Average was added to your stocks Dow Jones Industrial Average was removed from your stocks
    25,029.20380.83 (1.50%)

    Buying opportunities, I still think we will retest the last lame low.  Not for queasy stomach's. :lol:

    8 hours ago, DriftBusta said:

    You should put your money back into the market.  If you're over 55, retiring and needing income in the next 9 years, AND risk averse, consider a variable annuity for up to 30% of ir, with a guaranteed step up and north of a 5% guaranteed lifetime withdrawal benefit.

    Pretty sure Kev is shaking his head at the Junior Achiever's advice he received that cautioned him to sell out and sit on the sidelines and earn fuck all while they did not skip a beat.

    2 minutes ago, 1trailmaker said:

    Like a huge surplus :dunno:   come on AC you can do better than that - 69 billion dollar swing in the negative isn't fixing things :lol:   

    Do I blame Harper? of course not 

    -69 billion is gonna look like nothing with the bills JT is racking up if we get hit with a recession.

    2008 was the worst recession on record, we bought our way out of it.  JT is spending money like a drunken sailor, just look at his vacations, err state visits, no regard whatsoever, can't say the same for any PM before him.:lol:

    5 minutes ago, 1trailmaker said:

    oh you know I know the PM is rarely responsible for any growth or declines, they happen to all governments just happens to happen more for the Cons on the negative side of things.  Our History proves this 

    That's cause the cons fix the fuckup's the tards create and then they take credit for it.

     

    Sunny ways?

     

    Quote

    For starters, the budget document itself makes clear that the relatively strong economic growth of 3.0 per cent in 2017 was a blip, and that growth is expected to fall to 2.2 per cent in 2018 and 1.6 per cent in 2019. In fact, the Department of Finance forecasts economic growth will average just 1.8 per cent for the next four decades — compared to the much higher average growth of 2.7 per cent over the previous four decades.

    Meanwhile, other industrialized countries are expected to enjoy stronger economic growth in the years ahead, making Canada a laggard. For instance, the OECD projects U.S. growth at 2.5 per cent in 2018.

     

    Quote

     

    It’s no wonder investors are turning their backs on Canada. Morneau’s budget was an opportunity to convince them that Canada remains a desirable place to invest. But rather than deal with our deteriorating investment climate, the budget turns a blind eye and advances policies focused on platitudes about gender equality, failed industrial policy and more income redistribution.

    But it gets worse. While investors were looking for the government to improve the business-tax regime, the budget’s most notable tax measure clarifies new rules on passive investments in private corporations. The result — higher taxes on entrepreneurs and yet another signal that Canada is inhospitable to investment.


     

     

    http://business.financialpost.com/opinion/morneau-delivers-a-budget-in-deep-denial-about-the-dangerous-territory-were-in

    10 hours ago, 1trailmaker said:

    I expected nothing but babbling in this budget, next years will be different 

    Its a game

     

    Middle  chart in Blue says alot about predictions 

    na0228_big_picture_budget_c_mf.png?w=640

    Look at the budget revenues (what the Feds are expecting they will need) and how much it grows year over year.  Incompetent is putting it mildly.  This does not take into account a recession that is overdue.

    10 hours ago, 1trailmaker said:

    :lol:  how do you know all this stuff :lol:  

     

    Manulife just lost the contract for extended health care in  many sectors of government :dunno:  According to you this would be the end of them?  by the way Manulife is far behind with their tech and payment

    On that note without giving too many details the workers are not that excited with the new deal 

     

    Insurance is a good scheme, wonderful idea that will never die and never stop making billions - no need to make it off the ill 

     

    Canada could most likely buy meds at a better price, far better, sad 

    I believe Manu just picked up Toronto Catholic Board

    20 minutes ago, revkevsdi said:

    5 years. I could easily retire now but my brother is too young. Plus, I have a new business idea that we want to try out. If it works we'll either sell out both businesses then or if our kids are interested, let them run one each and take dividends. 

    Even so, you still got decades of smart investing to do.

     

    How many Buffet "don't" did you do?

     

    https://www.forbes.com/sites/johnwasik/2018/02/26/warren-buffetts-3-most-profitable-pieces-of-advice/

    5 hours ago, 1trailmaker said:

    :lol:  pretty sure they make a bunch more than a teacher - you didn't answer the question though :dunno:  

     

    Anyway Eric was good and will continue to do a good job, if we can get meds paid for I'M IN 

    Pretty sure they don't like being called tax cheats by a part time snowboard instructor and drama teacher.

    You're already in, they gut hooked for life with pot.

    5 minutes ago, 1trailmaker said:

    all news outlets reported the same info, took the wind  oneway  SUN  :lol:  

    we don't have bias reporting here like you think we do.   

     

    Tell me the last time THE SUN broke a story :dunno:  I mean these guys spent years defending Rob Ford 

    That's not true.  You just can't stop the real facts on social media even though Justin is trying.

    • Like 1

    4 hours ago, BOHICA said:

    What day this week does trump and republicans break the 26,000 mark to much dismay by the alt left.

    Just my opinion, but I think there will be more pullbacks this year.  This correction was one of the lamest ever on record

     

    3 hours ago, revkevsdi said:

    It must be on the way up it Trumpsters are taking credit. 

     Glad you finally acknowledge it.  You get back in or still playing it cautious?