On today’s show we’re talking about uncertainty. We can all agree that not everything in life is predictable. Life is full of surprises, some of the pleasant, and some of them not.
It’s been said that a confused mind doesn’t buy. That’s particularly true in the world of investing. Investors seek clarity. Things that are too complicated, have too many variables, or have large unknowns are off the table.
Investors are a special breed. Professional investors are relying upon their money working for them. Professional investors truly attempt to quantify what their money will do.
Investors hate uncertainty. Anywhere you see uncertainty, you see falling prices. Who would buy real estate in the Ukraine right now? Who would buy real estate today and take a variable interest rate loan? Anyone with a brain knows that interest rates are heading higher, but how much higher?
Host: Victor Menasce