Author Archives: Liquid Independence
Will Burry be correct this time as well? Fund manager Michael Burry is famous for predicting the great financial crisis and shorting real estate before the market crashed in 2008. Well he recently became bearish again on the financial market. From the latest 13F filings Burry disclosed he has bought about $1.6 billion worth of put options for… Read More »
The future of Vancouver real estate A 1 bedroom condo in downtown Vancouver recently sold for $1 million. (#404 889 Pacific St.) Someone looked at this 4th floor unit and said, “Yes, let me go ahead and pay $1,600 per sqft to buy this.” Higher up in the same building a 3 bedroom unit sold last month… Read More »
Which is better? Fixed rate mortgages have their time and place, but is now a good time to lock in a rate going into a potential recession? The Bank of Canada raised interest rates to 5% last week. I think that will be the last increase we see this year. 🙂 In this video I discuss which type… Read More »
What the earnings yield can tell investors about stocks The price to earnings ratio is a useful measure to determine if a stock is cheap or expensive. The P/E ratio compares the price of the stock relative to the company’s profitability. So generally a lower P/E ratio represents a better bargain. This valuation metric works across sectors and… Read More »
Tying the knot can have many practical financial benefits. Married couples often have dual incomes. They get tax breaks, enjoy economies of scale, can rely on each other during adverse life events, and generally have a longer life span than unmarried folks. But is it possible to put a dollar amount on the benefits of marriage? Well, some… Read More »
The S&P 500 is near a 52 week high. But what’s surprising is that less than half of all the companies that make up the index are trading above their 50 day moving average. This is strange because you would expect most components in the index to be doing well. But instead the recent rally seems to come… Read More »