tag:blogger.com,1999:blog-31427364.post7313481208600832649..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: FVREB Sales Plummet, Listings at Record Levels, Prices Falling Like Rocks on the Sea to Sky Highwaymohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-31427364.post-83310729284702161132008-08-07T20:21:00.000-07:002008-08-07T20:21:00.000-07:00Buying broad based ETF's in a bear market may not ...Buying broad based ETF's in a bear market may not be the wisest strategy, especially for unsophisticated investors.<BR/>ETF's like XDV, that focus on high divident paying stocks are dominated by bank stocks, and if you're not convinced that the global credit mess has been resolved, that may not be the best choice. A safer bet might be XRE (made up of Canadian REIT's) with a higher yield than XDV, and somewhat safer IMHO. <BR/>There is a whole gamut of ETF's out there, devoted to every sector imagineable, so whatever you do, don't put all your eggs in one basket.<BR/><BR/>As for financial advisers, they're a dime a dozen, and unless you have unshakeable confidence in any particular one, find one that charges by the hour instead of commision.<BR/><BR/>Why not check with Mohican?macho slobhttps://www.blogger.com/profile/15640891497806482996noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-58739583433190444722008-08-07T19:44:00.000-07:002008-08-07T19:44:00.000-07:00mk - if you figure it out, let me know. I am in "h...mk - if you figure it out, let me know. <BR/><BR/>I am in "high"-interest savings (2.something%), GICs suck too. Inflation is eating the capital, and taxes are eating earned interest.<BR/><BR/>Aw, heck, mebbe I'll just buy a few pre-sales.solipsisthttps://www.blogger.com/profile/11585532276216559502noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-8211143999720060452008-08-07T17:55:00.000-07:002008-08-07T17:55:00.000-07:00mk-kids -- I am in the same boat as you. Since I'...mk-kids -- I am in the same boat as you. Since I'm a unsophisticated investor, I don't trust my ability to make good bets in the stock market.<BR/><BR/>So I cheat. I figure why should I try to beat the market? I'm going to invest in some index funds ETF's. That way I can invest in the TSX as a whole.<BR/><BR/>Also, since I'm a wee bit over 40, I'm thinking about my retirement income, so dividend returning stocks are very interesting to me.<BR/><BR/>Finally, I will for the first time in my life max-out my RRSP contributions this year.<BR/><BR/>Your options will vary, so perhaps talk to a financial adviser?Monteryhttps://www.blogger.com/profile/16144883006354683790noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-24395852665291373622008-08-07T16:04:00.000-07:002008-08-07T16:04:00.000-07:00okay, now that we are all over our giddiness over ...okay, now that we are all over our giddiness over the inception of the plumeting of the greater van re market (finally!) i want to ask a question, completely off-topic. <BR/><BR/>i know there are a lot of smart-with-money guys and girls lurking about here. i've got 25k saved (not a lot i know but some!) and i want some suggestions on what smart saving/ investing things i can do with it. we all know van re is out (haha) - any ideas? gics? high interest account? under my mattress? <BR/><BR/>appreciate your feedback!mk-kidshttps://www.blogger.com/profile/08242408204746230727noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-38130885810770808862008-08-06T23:42:00.000-07:002008-08-06T23:42:00.000-07:00Gorp! Just did some reading, and that 2.1% is sinc...Gorp! Just did some reading, and that 2.1% is since May - not YOY.solipsisthttps://www.blogger.com/profile/11585532276216559502noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-84206093640403934002008-08-06T23:33:00.000-07:002008-08-06T23:33:00.000-07:00Weeeell, the benchmark for Vancouver seems to be d...Weeeell, the benchmark for Vancouver seems to be down 2.% YOY, according to what I remember hearing on CBC Radio today.<BR/><BR/>I feel climactic, or maybe post-climactic. I'm about ready for some sleep.<BR/><BR/>Making those graphs must have made you dizzy mohican. I am positively vertiginous.solipsisthttps://www.blogger.com/profile/11585532276216559502noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-42443566699487710622008-08-06T10:42:00.000-07:002008-08-06T10:42:00.000-07:00I certainly hope it crashes. That way, the develop...I certainly hope it crashes. That way, the development behind my place would not start, and I will still have a green field/forest as my neighbour (totally selfish reason, I know).Anonymoushttps://www.blogger.com/profile/15350907113698436116noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-75885382174195020732008-08-06T09:29:00.000-07:002008-08-06T09:29:00.000-07:00The Fraser Valley is really done for... they will ...The Fraser Valley is really done for... they will crash faster than anything else, and that will drive down the rest of the market too...VancouverGuyhttps://www.blogger.com/profile/16249093887857923600noreply@blogger.com