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Exploring Making Money on Discounted Debt!

Exploring Making Money on Discounted Debt!

I am wading in on investing in discounted debt to make solid money on funds while equities appear expensive. I have followed David Tepper and Prem Watsa who both use discounted or distressed debt at times for impressive returns and look to make similar investments to get great returns on what would otherwise be idle […]

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Sold My Canadian Bank Holdings, Here’s Why!

Sold My Canadian Bank Holdings, Here’s Why!

  Real Estate bubbles in Toronto and Vancouver, high debt to GDP, high housing prices to median incomes and bank news have spooked me. As a result I have sold all my Canadian Banks and Home Capital Group. Debt/GDP-http://business.financialpost.com/news/economy/canadas-record-household-debt-is-threatening-its-financial-stability-global-bankers-fear Percentage of median income to afford real estate: https://opentextbc.ca/geography/chapter/case-study-2-2/ Median Real Estate Price to median incomes: […]

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