Tuesday morning news drop
Circuit Breaker Business Relief Grant The Circuit Breaker Business Relief Grant provides fully funded grants to hospitality and fitness businesses impacted by the March 30, 2021 Provincial Health Officer (PHO) orders. (BC Government)
Texas Froze and California Burned. To Insurers, They Look Similar. An effort to pass on costs in Texas will echo the wildfire strategy by arguing that power companies should have taken protective steps after past cold snaps. (New York Times)
The Most Important Rule in Investing With all due respect to Warren Buffett, the most important rule in investing is not anything close to “never lose money.” In fact, the entire notion is absurd. Anyone who has ever invested in the history of the world has lost money at one time or another. Buffett himself lost over 50% from late 2007 to early 2009 (Compound)
Who Owns Stocks in the United States? Politicians should be figuring out ways to get more people invested in it to take advantage of the ever-growing profits and dividends paid out by corporations. Stock market ownership trends are slowly but surely heading in the right direction. We should encourage more people to take part in the stock market to keep it going. (Wealth of Common Sense)
How America’s Great Economic Challenge Suddenly Turned 180 Degrees Recent supply problems suggest businesses may have trouble responding to rising consumer demand. (Upshot)
Are NFT Purchases Real? The Dollars Are. Dive down a rabbit hole and explore nonfungible tokens, multimillion-dollar digital art and the nature of reality. (New York Times)
What’s the outlook for condos? In the same vein as last week’s post, let’s keep looking in the magic 8 ball of market forecasting, but this time we’ll turn our attention to the condo market. After all, with an average house at over $1.1 million, many have been looking at alternatives and in response the condo market has been clearly heating up since last fall with strong price gains in recent months. Back then was the better time to buy of course, but if you’re looking at the market now, does it still make sense to buy a condo for living or investment? Let’s take a look. (House Hunt Victoria)
