Hi there! My name is Griffin Milks, I'm a 26-year-old stock market and real estate investor looking to provide my viewers an engaging platform to learn about the world of investing. Join the channel and find your true financial potential by investing in yourself and learning to navigate the markets. Enjoy!
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Good video Griff. Seems like single family is the place to be as most of those 14m new "homes" will be apartments which is going to depress that market and increase demand for scarcer properties like SF and townhomes. Theres a reason why there are bidding wars in SF right now.
Young men between the age 30-45 years old are being hurt the most, since they can't start a family their own let alone finding a suitable affordable place to rent.
Real estate is a key component of many Canadian retirement plans. If the real estate market crashes, it could significantly impact people's retirement savings. The government likely aims to avoid this scenario to protect retirees' financial stability.
Yet trudeadope keeps bringing in millions sometimes you gotta wonder if he is really sincere to canada or is there a sinister agenda behind all this crisis. Trudeau has destroyed this country.
This would be good for canadains only refugees should still work if you still have a job you should still keep your job you could put more away for retirement without being penalized
People will have to accept reality that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. I now look towards the stock market to fuel my millionaire goal. Sure I'm not alone in my chain of thoughts.
I like both. But in my experience, most of the millionaires that I know have gained their wealth through diversified investments and they all had a sort of advisor helping out with informed decisions.
IMO, advisors are the ideal reps for investing jobs, and straight up! that's how I’ve stayed top for 5 years now, accruing nearly $1m after 100s of thousands invested. IMO, home prices will need to fall at least 40% before the market normalizes.
She goes by ''Karen Lynne Chess'' a seasoned advisor with over two decades of experience. You can research her further on the internet, her qualifications speak for itself.
Too many people were let in the country. End of story. We dont have enough doctors, in Quebec some kids dont have teachers, and we dont have enough housing, and certainly not affordable housing.
Bro I used to watch your videos all the time during the pandemic, but haven't in a while. I have checked in every once in a while in the past year but I can't make it through a whole video. I don't know if you're writing a script first then reading it on video, or you just changed your speaking style, but it's too dense. Speak casually and concisely. That will make your message come across better and easier to digest. Also just not boring like it is now.
Thanks for the feedback!. I’ve always used a script that I write out in advance, as do most content creators, but I’m just more myself now than in videos during the pandemic… I guess I’m just boring to listen to haha.
@@GriffinMilks the script is just too dense. Make the language more casual. Otherwise when the listener has to decode each word it's easy to fall behind, lose track, zone out and ultimately get bored and turn off. Just my opinion.
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Lol what a FLAWED logic that ever greasy realtor and real estate investor is pushing, if rates cut by only a little and prices go up then essentially buyers are paying same or more for payment !!! No one was taking variable rates in these recent years and these cuts are not going to be much for the rates people will ACTUALLY be taking. YOU'D be in a BIG SURPRISE to see how housing reacts. Don't listen to him if you can't afford to lose your money.
Rates may come down by more than more than 1.5% through to 2025. How is this a flawed logic? There are still millions of sidelined buyers who want to get into the market. I agree with you that it's still very expensive, but that's the Canadian reality, at least for now.
@@GriffinMilks yea cause you only accounted for sidelined buyers, how about sidelined sellers 😄? In my small city here I've seen numerous houses getting cancelled not selling and coming on market again and sitting. I've been hearing rate will cut from Realtors since 2 years so when someone tells they'll cut by certain amount or how housing will perform I take it with boulder of salt.. also why would bank over cut so the housing runs up and why wouldn't it cut just enough to reach where buying power is? I don't think they'll sea-saw with rates. So I've known is that people in industry have 1 job: to create fomo and sentiments in buyers.. won't work this time and only fools will fall prey to it. You watch we're going to see flat market for long time even with whatever cuts.
@@parthppatel28 You're right that there are many houses sitting much longer, especially as sellers have an achored price in their heads they want to sell at.
@@GriffinMilks yea wonder if it worked that way. I have a strong feeling and anchored a thought that it'll rain gold nuggets but it's physically not possible. If the median salaries don't go up then even renting at those valuations is not possible unless you rent 3 per room but then we would only be degrading Canadian standards while the native Canadians will go homeless in tent cities (which we're already seeing). And you watch what's happening geopolitically they'll have to hold on higher rates and have no other choice.. you watch bud.. It's not looking rosy. What I'd suggest to someone is to get out of their holdings while they can cash out when this pseudo sentiment is induced with rate cuts.. well that being said this is my analysis, I don't have crystal ball still and by analysis had served me well in last couple years.. but who knows what could happen.
I remember reading about Canada's housing bubble when I was a junior in high school. I am now 33 and still live with my parents. Logically, all bubbles must pop...but I still don't think I'll see it in my lifetime. Even if it starts to pop the government has made it clear they will just bail out idiots who took on too much debt. There are plenty of rich boomers and landlords who can continue to buy extra rental properties. Oh, you need to charge $7000 per month in rent to pay the mortgage? Doesn't matter, twenty Indians will pay $350 and share it.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm not "blaming" immigrants but, as usual, the govt thinks with their heart not their heads. Where do you think all those 1M+ folks are going to live? Did anybody in Ottawa think about that? Nope. Prices heat up. What about jobs, did Ottawa consider that? Nope. Unemployment up. So, blame voters. You get the govt you elect. Don't like it, vote.
With their hearts? Are you kidding me? The only reason the immigration has been so high is to keep the tax money coming in to keep the public sector afloat.
I'm planning to buy properties cheaply during a potential housing crisis when I sell a few houses in 2025, but as a backup, I've been thinking about purchasing stocks; however, I've read about trading earnings exceeding $500k each week while also hearing that the market is out of control and experiencing a dead cat bounce-what advice do you have for timing the best buying opportunities, and why does this discrepancy in market conditions exist?
How can people still afford to pay a million for a single home? I hear of many landlords renting out multiple rooms in their home at $1000 each here in Ottawa for each tenant. I hear about some home owners renting to 15 foreign students (typically Indian) all in the same home. If this isnt a sign of a shortage of apartments then i don't know what it is. Is this even legal Griffin and have you heard of this?
@@GriffinMilks Apparently they require a license for a rooming house from the city if more than 3 unrelated people live in the same home. If not then its 100% illegal. I am surprised you didn't know these rules Griffin since real estate is your area of interest.
In most cases Canada is boring and depressing it self with the long winter... People don’t want to move to far away from the city. Saskatchewan is also very cold and remote(including their cities). People don’t want to live that kind of life style
@@Drew-po6ju the thing is just like many things in life. If people want to have more choices.. then they need to make more money. It doesn’t make sense for people to complain unaffordable Fairmont hotel when there is Days Inn.
@@OTPLAYLIST Well the thing is, Covid had the biggest impact on Canada out of all 1 world counries. Can thank dems for that hoax lol. Sociaty got murked during 2020-22 era on many fields
No it isn't. In 1987 Brian Mulroney amended the Finance Act to enable wealthy foreigners and domestic citizens alike, to launder as much money through the Canadian real estate sector as they like, as long as they hide their purchases in a "numbered corporation". This is the law that allows Vladimir Putin to continue to launder money through Canada even while he is under sanction. Corruptistan is done for.
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Shouldnt be universal. Households under $150,000 dollars a year should receive this. If you make more than that, the $2000 would be like pennies. And if you can’t afford to pay your bills and your household makes over $150,000. You need to learn to live within your means.
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.
The year has been really rough for everybody. But I've been able to cushion the effect though. Have you thought of using an investment advisor? They can make you good money especially during uncertain times like this.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Hey Griffin im graduating university with some savings in the mtl area and wanna get my foot into real estate. What do you think of condos as an investment, worth getting into? safe? im interested. doubtful i could buy a house anywhere around the city but a condo might be cheaper in the right location
Im planning to create a corporation, my co founder living in California. Is there any specific steps i should be taking when registering? Im the primary and we agreed to operate in canada (federal)
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I am a first time home buyer should i wait for interest rates to cut down more by early 2025 or should i buy a home right now? I am scared of the home prices going up when interest rate goes down. Any help would be appreciated
Hi thanks so much for the information but you started explaining the gain on the Td card after the Visa and didn’t mention if the Cobalt would also be of gain , if it’s worth to use it despite the fees. Thank you!
