To the yield-farmers....

The_Krakenite

The_Krakenite

Yes, you, chasing 20%, or 30% yields that are obviously unsustainable. Yet still dancing the Luna/IronFinance/CashBasis dare-of-death.

Here is a thought. Instead of risking life & limb for a 20% APR/APY gambit, why not just drop your $ into a Canadian REIT like True North Commercial REIT? You'd be actually invested in a real-hard equity asset, that pays out over 9% just in dividends alone. So, while not quite 20% APR, you'd be close to half that. And this doesn't even count the fact that you still get share appreciation on top of the payout distributions. And REITs count as a great inflation hedge as the property values only increase in time.

This seems 100x better on an adjusted risk vs award. But... maybe this makes too much sense for the current masses of 'I need to get rich today, not tomorrow' crowd.

Sure, the dividend could be cut as the payout is close to 100% at the moment (but it's still sustainable). If things were to go south, you're unlikely to see a run-on-the-bank though unless this turns into one of those one-in-a-million Enron account scandals, etc.
 
The_Krakenite said:
Yes, you, chasing 20%, or 30% yields that are obviously unsustainable. Yet still dancing the Luna/IronFinance/CashBasis dare-of-death.

Here is a thought. Instead of risking life & limb for a 20% APR/APY gambit, why not just drop your $ into a Canadian REIT like True North Commercial REIT? You'd be actually invested in a real-hard equity asset, that pays out over 9% just in dividends alone. So, while not quite 20% APR, you'd be close to half that. And this doesn't even count the fact that you still get share appreciation on top of the payout distributions. And REITs count as a great inflation hedge as the property values only increase in time.

This seems 100x better on an adjusted risk vs award. But... maybe this makes too much sense for the current masses of 'I need to get rich today, not tomorrow' crowd.

Sure, the dividend could be cut as the payout is close to 100% at the moment (but it's still sustainable). If things were to go south, you're unlikely to see a run-on-the-bank though unless this turns into one of those one-in-a-million Enron account scandals, etc.
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Anyone who's played around with very high-yielding REITs (natural gas, Annaly type, etc.) knows the answer to this. And "Canadian" doesn't make them special, as much as Nine-ender used to praise them.
 
MKTrader said:
Anyone who's played around with very high-yielding REITs (natural gas, Annaly type, etc.) knows the answer to this. And "Canadian" doesn't make them special, as much as Nine-ender used to praise them.
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You are mistaken. Housing is important to Canada's national security. It is also the number one export. You are basically investing in Canada by purchasing Canadian REITs.

The official unofficial policy is to create a nation of landlords and serfs. Serfs will be the younger generation, and immigrants. The younger generation can only hope to get land via inheritance. Parents hate you? Good luck.
 
nooby_mcnoob said:
You are mistaken. Housing is important to Canada's national security. It is also the number one export. You are basically investing in Canada by purchasing Canadian REITs.

The official unofficial policy is to create a nation of landlords and serfs. Serfs will be the younger generation, and immigrants. The younger generation can only hope to get land via inheritance. Parents hate you? Good luck.
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bUt ThE gREaT rEpLaCEmEnT tHeOrY iS rAciS'!

To your point, that may hold up for a while, but it's a house of cards like everything else.
 
MKTrader said:
bUt ThE gREaT rEpLaCEmEnT tHeOrY iS rAciS'!

To your point, that may hold up for a while, but it's a house of cards like everything else.
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The great replacement theory is sold to racists, but it's so moronic that they don't actually take one step back and see who the actual bad guys are... It's your own people, dumbasses.
 
nooby_mcnoob said:
You are mistaken. Housing is important to Canada's national security. It is also the number one export.
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It's only the number one export in the winter months, and only in states that border the Mexican border.

Really how do you export housing?
 
deaddog said:
It's only the number one export in the winter months, and only in states that border the Mexican border.

Really how do you export housing?
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Foreign buyers and money laundering. Canada is supposedly the best western country for money laundering.
 
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