Ray King

@ShaziGoalie If the agent is starting the first sentence with lies, that should be big red flag. This is a reminder to myself.

My friend went to an open house yesterday in Oakville. Before he even stepped inside, the agent told him: “This home is already sold conditionally… but come in anyway. How can I help you?” Read between the lines. When sales slow down, open houses stop being about selling that house. They become lead generation booths. Every visitor becomes a potential future client. That’s where this market is now.

@ronmortgageguy @francesdonald If the gap between haves and have nots increases, the society becomes very polarized similar to what happens in developing countries with large population. That’s not good for many people, it would result in social unrest.

Nobody's Has An AVERAGE INCOME Anymore: Now It's Some People Doing Great & Alot More People Doing Lousy I am paraphrasing the brilliant @francesdonald Chief Economist at RBC We all need to wrap our heads around this The K Shaped Economy The Top 20% versus everyone else 2/

The LMIA is a federal approval Canadian employers must get to hire temporary foreign workers. It requires proving no suitable Canadian was available (via job ads, etc.). Official gov fee: ~$1,000, paid by the employer. In practice, many employers/consultants illegally charge foreign applicants $30k–$50k (often ~$40k) upfront for a "guaranteed" LMIA job offer. It's sold as a fast-track to work permits + PR pathways (e.g., via programs like the Atlantic Immigration Program or provincial nominees). The worker pays the business/consultant, gets sponsored, and often ends up in low-wage roles. This is banned under immigration/labor laws (recruitment fees can't be passed to workers), but it's rampant in sectors like trucking, restaurants, and construction—creating the incentive to skip Canadian teens for paying immigrants. Many cases end in scams, with applicants losing savings.

@Squill_Mama Muslims believe in divine birth of Jesus and Virgin Mary and second coming of Jesus as per Quran, so where’s the conflict?

This is so true, if God tells you to wait, listen to him. Sara ended up hating Ishmael and her concubine and sent them off into the wilderness.

@wealthy_barber @benjaminfelix Agree, risk tolerance increases with time and net worth. So what’s the best risk appetite model to determine proper equity and bonds? Is it valid during every economic cycle? How often does one need to change portfolio based on their personal situation?

Ben Felix (@benjaminfelix) explains why not taking enough risk can quietly cost you a huge amount of wealth over time.

Here’s a list of giants found since the 1800s during digs with links to the articles/news paper archives. Unfortunately, most go directly to the Smithsonian where they are never seen again and the Smithsonian is exempt from FOIA. It’s one of the many museums/organizations we have here where archaeology goes to die and be suppressed. They also don’t have to return the remains back to the tribes if they’re found in burial grounds. docs.google.com/spreadsheets/u…

@Tablesalt13 That’s interesting, but they look like Muslim women covering their heads and wearing white clothes.

🇪🇹✝️-- WOW, HUNDREDS OF THOUSANDS OF ETHIOPIANS come out for Easter. It is little known that Ethiopia has the 8th largest Christian population in the world. Islamist radicals regularly attack their villages.

@KirkLubimov Many people unwillingly need to go to US because we don’t have industry in Canada to absorb emerging talent. Most of the jobs advertised in Canada in science and technology feilds are for entry level support positions. People get trained here and move to US

Which demographics of Canadians are leaving Canada? >67% of the are 20-44 year olds. >3x more likely to be in Sciences than avg population. >31.1% have a masters degree. >61.4% left to the US. In other words, it's Canada's youngest, most talented and educated population.

@MarioNawfal If we’re debating the real video and AI video in 2026, then time is not too far when we will be debating real human vs AI human. Once we reach that stage, we’ll be lost society.

🇮🇱🇮🇷Netanyahu just released a video message wishing the Iranian people a happy Nowruz and “a year of freedom” Notably, he made no mention of the war Within minutes of the video being posted, comments claiming the clip is AI-generated also began appearing

@Dividend_Dog And to reach 1 million level one needs 21.4% return which is already double to average 10% expected from S&P.

@Dividend_Dog Oops, based on Gemini calculations, to reach a $5 million balance in a TFSA by the end of 2026, assuming maximum allowable contributions since the program's inception in 2009, you would need an average annual rate of return of 36% which is quite abnormal.

CRA says there are only 35,180 people with over $200k in their TFSA. Are you one of them?

@PeterMallouk @AskPerplexity please explain this chart in easy to understand format

Want to know where bond returns are headed? Just look at today’s yield. Over the last 50 years, the correlation between starting yields and forward 7-year returns is 97%. Higher yields = higher future returns. Lower yields = lower future returns. Bond investing is just math.

@termsheetinator Do you think poor Canadians will be able to take advantage of all these opportunities? @grok, please tell how much family income you need to take advantage of all these opportunities after fulfilling living expenses for Canadian family of four in GTA?

you’re Canadian and poor because you don’t take advantage of: - TFSA investing - RRSP tax deferral - FHSA - The Smith Manoeuvre - Tax-loss harvesting - The Canadian Dividend Tax Credit - Spousal RRSPs - Pension income splitting - Employer RRSP matching - Re-advanceable mortgage (HELOC investing) they don't teach you this in school, you have to teach yourself.

@ShaziGoalie Oops, 23% drop from 2022 peak price. Certainly investment is long term game especially the real estate investing which usually involves high leverage.

After sitting more than a year on the market, Vaughan homeowners eat a $640K loss. It's getting worse......

@grok @InsightRadarX Please give data of % of Indian expats in gulf countries.

Sure! Indian-origin pop as % of total (2025 est.): Mauritius: 70% Trinidad & Tobago: 37% Guyana: 36% Fiji: 34% UAE: 32% Qatar: 26% Kuwait/Bahrain: 20% each Oman: 13% Singapore: 11% Malaysia/Canada/Sri Lanka: 7-8% Australia: 3.6% US: 1.5% UK: 2.6% Lower elsewhere (e.g. Germany 0.2%). Gulf figures often include expats vs settled diaspora.

Countries with the most people of Indian origin 1. United States 🇺🇸 ~5.4 million 2. United Arab Emirates 🇦🇪 ~3.6–3.9 million 3. Malaysia 🇲🇾 ~2.9 million 4. Canada 🇨🇦 ~2.9 million 5. Saudi Arabia 🇸🇦 ~2.5 million 6. Myanmar 🇲🇲 ~2.0 million 7. United Kingdom 🇬🇧 ~1.8–1.9 million 8. South Africa 🇿🇦 ~1.6–1.7 million 9. Sri Lanka 🇱🇰 ~1.6 million 10. Kuwait 🇰🇼 ~1.0 million 11. Australia 🇦🇺 ~0.98 million 12. Mauritius 🇲🇺 ~0.89 million 13. Qatar 🇶🇦 ~0.84 million 14. Oman 🇴🇲 ~0.69–0.78 million 15. Nepal 🇳🇵 ~0.7 million 16. Singapore 🇸🇬 ~0.65 million 17. Trinidad and Tobago 🇹🇹 ~0.56 million 18. Bahrain 🇧🇭 ~0.33 million 19. Fiji 🇫🇯 ~0.32 million 20. Guyana 🇬🇾 ~0.30 million 21. Netherlands 🇳🇱 ~0.24 million 22. New Zealand 🇳🇿 ~0.24 million 23. Italy 🇮🇹 ~0.20 million 24. Thailand 🇹🇭 ~0.20 million 25. Germany 🇩🇪 ~0.19–0.21 million 26. Indonesia 🇮🇩 ~0.12 million 27. France 🇫🇷 ~0.11 million 28. Israel 🇮🇱 ~0.10 million 29. Kenya 🇰🇪 ~0.08–0.10 million 30. Tanzania 🇹🇿 ~0.06 million

@ShaziGoalie Line up started on Friday and reached up to massive 20 people by Saturday😜

Huge line for a townhome project at Lakeshore in Mississauga. Starting from the $500s. Lineups since Friday.

@Polymarket If S&P falls from current 6838 to 6750, it’s mere 1.3% drop, which is just a nothing burger.

BREAKING: Your 401k. Over $700,000,000,000 eliminated from the U.S. stock market today. The S&P 500 is now projected to fall below $6.75k this month: polymarket.com/event/what-wil…

@Rick_Ferri Great point

@MyViewDiffers $VT doesn't qualify for the foreign tax credit. A fund has to own >50% in foreign stocks to get the credit. Split $VTI and $VXUS in a taxable account to get the credit on $VXUS. $VT is fine in a retirement account or Roth.

Many Tik-Tok videos tell people to “Buy these ETFs and retire rich.” They recommend QQQ (NASDAQ 100), VOO (S&P 500) and VTI (total market). I’m waiting for one of these Tik-Tok geniuses to say that most QQQ stocks are in VOO, and all VOO stocks are in VTI, so JUST BUY VTI! 🤷‍♂️