Hi Denis,

That was actually my poor attempt at sarcasm. :)

My point was that everyone wants to own a house, just like everyone wants to own a Ferrari (or insert your favourite car).

That 85% stat is meaningless to me because you can’t draw any worthwhile conclusions from it. We definitely didn’t mean to link home ownership and being rich. If you factor in opportunity costs, there’s probably actually an inverse relationship between home buying and wealth in some current markets.

Cheers,
Rob, Editor – CMT

Hi kc -

It does seem like it is different today. It’s hard to tell if people are just speaking about the markets or if they really have invested in them.

Day trading can be very dangerous from what I understand. It all seems like greed and gambling. Not a good combination.

I wonder is it so different today?

today is way different. Everyone who buys into the RRSP scam has their money in stocks/bonds/funds of some sort.

and from the way many people speak about what is going on in the markets I bet there are more who don’t admit to being in deep with day tradeing and the hope and wish lists.

Banks do well in good times and bad times. It is said that the last organism left on Earth will be the cockroach. Possibly whoever said that did not consider banks?

Bach, Schumann, Shubert and Strauss…(Can you imagine Ms Gaga singing “Pierrot lunaire”?)

Received a gift from my neighbors who were cleaning out their shed today – Singer treadle sewing machine complete with cabinet and puzzle box for accessories – circa 1899 – needs some restoration/cleaning, but appears to work. Beautiful gold accented multi-color Memphis design. I must locate music to treadle by.