Viewing profile — throwaway99951

> You don't feel that skews your perspective just a little bit? Not anymore than it skews yours. Except I spent the majority of my life there. I know people in the pulp and paper m…

> No, you're ignoring the case where they might have defaulted. How on earth do you know what I'm ignoring? I most certainly accounted for the fact that the companies could default…

> Been to Wawa, Sault Ste. Marie, North Bay or Timmins recently? What about the smaller towns like Desbarats, what about the rural areas? Yes, in fact I have. I lived in North Bay …

> How does this rate of return compare to prevailing interest rates from the same period? Sometimes higher, sometimes lower, depending on a million variables. Does that surprise yo…

> You absolutely can't "know" ahead of time what assets will appreciate at all, let alone their rate of appreciation. Also, water is wet. I "knew" when I bought corporate bonds pay…

I concur.

> Disposable income is staying constant while asset prices (and related things like rent) continue to rise. Wait, so the middle class doesn't own any of these rising priced assets,…

> The whole world's middle class is on the brink of ruin thanks to modern era politicians whose gluttony for easy money I guess that depends on what you define as "middle class". T…

> Just drive around Northern Ontario for a bit if you want to have an idea of what poverty in a first world country looks like. As someone born and raised in Northern Ontario, I ha…

> What appreciating assets should people get in debt to buy? You should go into debt to buy any assets that you know will appreciate at a rate greater than the interest you pay on …

> Here's a thought, treat them as people and not "a black" or "a woman". You don't have to ingratiate yourself in the fear that some random person will think you're a racist. I thi…