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Hilliard MacBeth argues that investors should stop thinking about real estate as a safe investment, warning that it is only a matter of time before Canada faces a housing crisis on the scale of that of the U.S. He guides investors towards safer and more lucrative investments in order to protect their assets and ensure a comfortable retirement.
- Sales Rank: #405669 in eBooks
- Published on: 2015-03-21
- Released on: 2015-03-21
- Format: Kindle eBook
About the Author
Hilliard MacBeth has advised Canadian individuals and families from across Canada on their investments for over 35 years. His 1999 book Investment Traps and How to Avoid Them predicted the collapse of the dot-com bubble in the stock market and gave investors practical advice on how to avoid getting caught offside in market cycles. Hilliard lives in Edmonton.
Most helpful customer reviews
0 of 0 people found the following review helpful.
A great financial book for survival.
By Mom
The research and historical information is presented in a layman's format making this an easy read for grass-roots home dwellers. The information and predictions will prevent many from falling into the bubbles whether real estate or or other investment options.
2 of 2 people found the following review helpful.
Decent points, lots of repetitive filler
By J. Lenglet
Lots of repetition. This book could have been much shorter without all the recap and storytelling on the exact same points. There are many good facts in this book. Stuff most people can benefit from such as why Canadian banks loan so much money and how the CMHC works. Most people pretend to know all this stuff but few actually have any idea. This book explains that stuff well. Canada was marketed as the safe haven vs the USA and it was truly all marketing. Anyone with any brains could see thru the BS. Unfortunately, that's not many people and most bought the campaign hook line and sinker. This book is not a scare tactic or full of sky is falling nonsense. The argument for a housing crash is sound and factual. I happen to agree 100%. But many will get upset just because no one likes to hear their fantasy is just that - a fantasy. Facts are facts. Finally someone points to Tokyo in one of these books. Very sound point.
The negatives are the often repeated themes and clear bias towards the stock market. When housing falls I highly doubt the general market will survive any better. Anyway its worth reading. The price on this book has dropped 2/3rds since I bought it. Guess its not selling.
2 of 2 people found the following review helpful.
A Sober Assessment of an Emotional Issue
By Nathan Kowalski
Excellent book packed with some sobering behavioral fiance.
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