Collings Financial
1920-1095 West Pender Street V6E 2M6 Vancouver, BC, Canada

British Columbia's snap election is coming up! The process to request a mail-in ballot is surprisingly quick and straightforward. Try to beat my time :-) 4 minutes! https://eregister.electionsbc.gov.bc.ca/ovr/welcome.aspx#

'Inflation is running at nothing (0.1%)' - Bank of Canada. Hmmm, or maybe, THEIR inflation might not be YOUR inflation!

The problem with 2 years in prison (for devastating the credibility of Athletics and collecting C$7M in brides): The punishment's equivalent hourly pay is ~$400.00 (24 hours a day for 2 years). That ain't a disincentive for the next guy! ... https://www.theguardian.com//lamine-diack-former-world-ath

MEC->Insolvancy->Private Equity Let me write the headlines depending on your political bent: a) American capitalists prey on the carcass of Canadian outdoor idealism.... or; b) Friendly investors lend a hand to favoured outdoor store. https://www.newswire.ca//mec-to-be-acquired-by-kingswood-c

"Are you afraid? Good. You're in the great game now! And the great game is terrifying." - Evan Siddall, CEO of CMHC... err, rather Tyrion Lannister [sic]

The market for Apple and Tesla stock was recently excited when they announced stock splits! Today I tried the concept on all my client accounts hoping for some big gains: Account Balances 5 x 5 = ________... Sadly, after confirming the calculation with my 6-year-old, we were unable to improve the account balances. Tesla and Apple math just doesn't apply to us. https://www.fool.com//why-tesla-stock-is-up-sharply-again/

Jeff Bezos's net worth is now ~US$205 Billion. Put another way: If you're a millionaire, having a twonie fall out of your pocket is equivalent to Jeff Bezos losing $540,000.... or; If you were immortal and were paid $100,000/year since humans first harnessed fire, and you'd saved every penny, you'd currently only have ~1/5th of Jeff Bezos' current net worth.

Here's a significant bookmark in financial market history: Exxon Mobil is longer significant enough to be part of the Dow Jones Industrial Average. The "Dow" is the oldest, best know (and the most elementary) index the world.... https://www.bnnbloomberg.ca/exxon-mobil-kicked-out-of-dow-i

A common question I get as an investment guy: "I feel awful about life! How can the economy and the markets keep moving amidst all of this?" The candid answer is that the economy and the market only care that you work, invest, and spend. Your health and wellness (beyond working, investing, and spending) don't register. Please look after yourself and others. Hugs, connections, and laughs have immeasurable value beyond that observed by policymakers during this time.

Three stages of the global recovery an outlook from Manulife Investment Management’s chief economist https://www.manulifeim.com//three-stages-global-economic-r

U.S. elections don't impact markets nearly as much as we'd like to believe! https://investornews.vanguard/what-u-s-elections-mean-for/

What to expect from house performance!? Here's a great blog summarizing data from Case-Shiller's exhaustive U.S. real estate analysis. "Since 1891, U.S. home prices have increased... 0.3%/year after inflation" https://compoundadvisors.com//homes-castles-and-price-expe

Snoozy headline: Canada's deficit is [some big number], Canada's debt is [another big number]. What it means: 1) Excess annual spending is ~$9,000 per Canadian. For my family, the government has overspent by $45,000 this year. 2) Debt will soon be ~$32,000 per Canadian. For my family, the accumulated overspending will total ~$160,000.... ...and this is just the federal government! https://www.cbc.ca//bill-morneau-fiscal-update-budget-defi