AMAZON EATING THE STOCK MARKET (EP.3)

<p>In Episode 3 of the Rational Reminder podcast we discussed the following:</p> <p> </p> <ul> <li>Should you lease or buy your vehicle?</li> <li>How are the new mortgage stress tests affecting Canadian real estate?</li> <li>Home ownership is not required to build wealth, with a little discipline</li> <li>Amazon’s size is not unprecedented</li> <li>Successfully investing in growth stocks is really hard</li> <li>Consolidation in the Canadian asset management industry</li> <li>Independence benefits wealth management clients</li> <li>Are backend loads on mutual funds still a thing?</li> <li>Fund companies pushing anti-evidence</li> <li>Financial advice is about more than just the portfolio</li> <li>We are still waiting for lower stock valuations, high inflation, and high interest rates</li> <li>If you’re not worried, you don’t have a high expected return</li> <li>Are we living in exceptionally uncertain times?</li> <li>Small cap and value returns comes from rebalancing</li> </ul> <p> </p> <p>The stories we talked about:</p> <p> </p> <ul> <li><a href= "https://mortgageproscan.ca/docs/default-source/consumer-reports/housing-and-mortgage-market-report_july2018.pdf" target="_blank" rel="noopener">Report on the Housing and Mortgage Market in Canada</a></li> <li><a href= "https://www.newswire.ca/news-releases/federal-policies-suppressing-housing-activity-creating-a-negative-shift-in-sentiment-for-homebuyers-according-to-latest-consumer-report-689075951.html" target="_blank" rel="noopener">Federal policies suppressing housing activity, creating a negative shift in sentiment for homebuyers, according to latest consumer report</a></li> <li><a href= "https://www.bnnbloomberg.ca/amazon-s-eating-the-world-and-the-stock-market-1.1114396" target="_blank" rel="noopener">Amazon’s eating the world – and the stock market</a></li> <li><a href= "https://www.pwlcapital.com/en/Advisor/Ottawa/Cameron-Passmore/Advisor-Blog/Cameron-Passmore/August-2018/Is-Amazon-Changing-the-World-and-the-Stock-Market" target="_blank" rel="noopener">Is Amaz