The best GIC rates in Canada for 2024 Jun 25th
Generational shift brings competition to Canada’s banks Dec 21st
How Did TIFF’s Lightbox Become Its Money Pit? + MORE Apr 30th
How to handle a stock with a huge capital gain Jul 22nd
What the data isn’t showing about credit stress + MORE Apr 15th
Making sense of the markets this week: April 7, 2024
– moneysense.ca
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Are we in the middle of another Roaring ’20s?
For those who aren’t into history, the Roaring ’20s has been referred to as the decade of innovation, celebratory spending, a booming stock market and general good feelings that occurred in the U.S. during the 1920s.
A hundred years later, history may be repeating itself, says Ben Carlson, director of institutional asset management at Ritholtz Wealth Management in Grand Rapids, Michigan, makes a pretty good case. Or, at least, as Mark Twain said, ”History never repeats itself, but it does often rhyme.”
Carlson points out that we’re now experiencing the following:
Net worths are at all-time highs.
We’re coming out of COVID, which is the closest thing to Spanish Flu since THE Spanish Flu.
Stock markets are at all-time highs.
Housing prices are at all-time highs…
