What do I know

watching film

For the past 6 months, my living room T.V. has been held hostage by everyone in my house watching 90 Day Fiancee.  I tried watching one episode and thought there must be something wrong with the water supply in my house.  There is no way that anyone, not being poisoned, could watch this.  So, I accepted that it may be a genetic error in my household.  That said, as I am speaking with other people, they are all talking about the show.  Even my favourite talk radio shows are discussing it!  So obviously, I am wrong, at least for the short-term.  But, will this last?  Is 90 Day Fiancee the next 60 minutes or the next Simpsons?  I doubt it. 

This not only happens with TV shows, but with music too.  I hear something and think “how is this getting air play?”.  More often than not, these songs are usually short lived.  After 6 months of play, they are off the air, never to be heard again – thank goodness.  I understand, not every band will be the next Beatles, and there are great new musicians that will last.  However, I can hear songs and know which ones will not make it and typically, they do not. 

Now, we are in a situation where the stock market is going crazy with high priced, growth stocks.  We have all seen this play before, and we know how it ends.  At a certain time, common sense will prevail and people will realize that companies need to make money to survive.  Paying 100 times earnings for a stock will not provide you with a good return, going forward.  That being said, my TV still gets tuned into 90 Day Fiancee three days a week.  So, what do I know?

Related articles

Newsletter Images Articles

How Lower Interest Rates Affect Canadians

Canadians have been anticipating an interest rate decrease for the past six months. Why is the market so excited about an interest rate decrease? An ...
Read More →
Podcast Cover Podcasts

Episode 264: Top 10 Investment Mistakes

Welcome to another episode of Think Smart with TMFG, your go-to podcast for what’s newsworthy and relevant to everyday Canadians. Join Senior Financial Advisor Rob ...
Read More →
Newsletter Images Articles

Top 5 Tax-saving Tactics Every Gen-Xer Should Know

In this week’s article, we’re exploring five essential tax-saving strategies explicitly tailored for Gen Xers. Born between 1965 and 1980, Gen Xers are in their ...
Read More →

Financial Planning Advice from Canada's Top Financial Advisors

Sign Up To Receive Email Updates On The Financial Industry And Complimentary Workshops.

By providing your e-mail address you provide The McClelland Financial Group of Assante Capital Management Ltd. with your express consent to send you electronic communications. If you choose to discontinue receiving e-mails, you may withdraw consent by contacting tmfg@assante.com.

FREE RESOURCE

Get actionable financial insights from the Top financial planners in Toronto.

Toronto's Top Financial Advisors
Copyright Assante Wealth Management. © 2024

Disclaimer | Assante advisory services are offered through Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. The services described may not be applicable or available with respect to all clients. Services and products may be provided by an Assante advisor or through affiliated or non-affiliated third parties. Some services and products may not be available through all Assante advisors. Services may change without notice. Insurance products and services are provided through Assante Estate and Insurance Services Inc.

We have a team of advisors each specializing in varying portfolio sizes. Please let us know the approx. amount of your investable assets to help us to direct you to the advisor that is best suited to you.