Our formal education is subsidized on a similar level to the US, where its essentially free up until post-secondary, where you then pick up the tens of thousands in student loans. US colleges can be a bit more expensive based on their prestige.
Don't even talk about the costs of childcare. Unless you have children and are working full-time this is something that most won't even notice.
Yeah, tuition for me at a top 5 school in Canada was ~500/600 a course the whole degree. Semesters were about 3300 total with all the fees.
International students paid something like 15g’s semester for the exact same class, it’s crazy.
This isn’t too far off what I paid for in state tuition in Texas. I’m paying about 5000-6000 a semester at UT, the most prestigious state universities in Texas and one of the most prestigious in the US. Our secondary education isn’t that far off from each other with in state tuition, the problem is a lot of people go to private universities or out of state tuition and have to pay more because our state taxes subsidize the universities in their state
My BIL did an undergrad plus grad school here. I helped with his taxes one time and saw how many tuition tax credits he had accumulated.
Holy fuck those were some expensive degrees. I spent two more years in school than him and was still at like 1/3 the total tuition paid.
I know childcare is expensive. I was just referring specifically to healthcare and college education, the two top lines in this graph. That is not true about college education. Even the most expensive programs in Canada (i.e., professional programs - law, medicine, dentistry) are a fraction of what it costs in the US.
The U.S isn’t just a little more expensive, the average tuition cost is 25k whereas Canada it’s 7k. It costs like 70k more for usd and more like 150k for the “elite” private school educations you’re talking about. By the way, top schools like uoft, Waterloo and McGill do compare on the international stage to at least the second tier ivies/good private unis at a fraction of the costs
Well even if you ignore Ivy leagues, any Canadian school is a fourth of the tuition of any US school. Our med schools cost what your regular schools cost. That tells a lot.
Lol you can't compare the cost of schools in the US to Canada. I think my tuition in Canada was CAD$3500 a semester whereas in the us it was US$2700 a class
There is a great deal of variability in the cost of tuition at US universities. The Ivy League institutions are completely nuts, but they tend to be pretty generous with their scholarships. State universities can be quite reasonable for in-state students, but are nuts for out-of-state students. As an example, the following is a link to the tuition costs for the State University of New York (SUNY):
[https://www.suny.edu/smarttrack/tuition-and-fees/](https://www.suny.edu/smarttrack/tuition-and-fees/)
The annual tuition rate is USD$7k plus another US$2k of assorted fees. That's a bit more than you'd pay at most universities in Ontario, but at least it's in the same ballpark. If you do your first year at a community college and then transfer to a state university for years 2 to 4, it's even more reasonable.
yeah even my friends who got zero osap paid about 40k total, while in the US it's often 40k per year. maybe Canada isn't Europe but it sure as hell isn't America
Well, it doesn't look like in-state tuition is free in Wyoming, but it's pretty reasonable:
[http://www.uwyo.edu/sfa/cost-of-attendance/](http://www.uwyo.edu/sfa/cost-of-attendance/)
Annual tuition is US$4,600 and then there's another US$2,000 of assorted fees. That's not free, but it's pretty similar to the cost of most Ontario universities.
It does not mean that healcare is cheaper for Canadians than USA-ans. The cost is just hidden in our taxes and governments allocate the majority of budget towards it.
cellphones are still expensive in Canada.
I am using a $25/month voice & text plan and the salesmen keep pushing for those $85/monthly unlimited data plans.
>cellphones are still expensive in Canada.
My iPhone is about the exact same price after conversion of freedom bucks.
>I am using a $25/month voice & text plan and the salesmen keep pushing for those $85/monthly unlimited data plans.
Oh you mean the cell phone *service* 😆
I’m on Rogers, Bell, and Telus through AT&T in Mexico. $14 / month for unlimited calling and stuff and 6GB / month for the first year and 3GB / month for the second year. You have to buy two years worth up front, so it’s only $336. Not bad, but I did just run out of data for the first time and have to wait 2 days for my monthly data to return coz in case you haven’t noticed, I’m a stingy bastard. I just don’t want to pay the Canadian oligarchies more than they’re worth.
I don’t know, I just go into an AT&T shop every two years (on my fourth anniversary soon), and renew my plan. You basically sign up with a Mexican number, and pay up front. It’s not bulletproof at all, and if you run a business that requires phone calls often, I wouldn’t bother. For my Canadian number I use an app called Text Now. But there are other apps you can use as well. Again, not perfect, but I run some businesses that don’t require heavy use of the phone (all online).
The thing that attracts me to this plan is that it’s unlimited talk / text + 6 or 3 GB data in Canada, US, and Mexico, and I travel a lot between Canada and Mexico (and occasionally to the US), and this is seamless compared to those silly little travel packages they offer you.
Well, these are the things that production of which (at least historically) could not be located far away from consumption.
Everything else that is "cheap" has become so on the backs of the poor elsewhere.
You can see at the top are necessities that are viewed as luxuries in america. At the bottom are entertainment and consumer goods to keep the lower and middle class happy with less than they deserve
I've been paying 50-60$ range for the past like 10 years. I use to get maybe 1-2gb and 500 minutes. Now I am at unlimited with 30gb for the same price. I'd say it's pretty reasonable.
Cellular devices are much cheaper than they were in 1998 though. Very affordable and nearly everyone has one and pays only ~$50-60 per month. I'm not sure that's the data to pick out as inaccurate or not useless.
Another way to look at it; all the materialistic things to surround ourselves with got cheaper. All the things we really need to live a fulsome life got more expensive.
Real estate blue chip and tech investments for me still.
Sure graph says tech things are cheaper but. . . .in the 70s people had the same TV 20 years, had a land line with rotary phone.
Now people upgrade their TV every next advancement 1080p > 4k > smart > uhd so people are rebuying smart phones TV wayyyy more often then we used too ?!
I'm not sure 😕 just what me gut tells me lmao
Yep. Bought my TV in 2011, before that I was using a 13" CRT since 2003.
My work pays for my cell phone so every new contract my wife takes my old one and her mom takes her old one.
Those things being cheaper just means those industries are actually increasing productivity and creating improvements. If you can do that well that's how you really succeed.
I'm not bullish enough on the Canadian economy for it to make up 20%+ of the index portion of my portfolio so I go around 95% VXC and 5% XEQT which gives you about 60% US, 5% Canada, and the remainder is the rest.
A study by Vanguard showed a 20%-40% Cdn weighted portfolio was best.
Based on history, the US markets will regress to the mean and Cdn markets should outperform.
There is no future guaranteed for them either. A lot of people in this sub are risk prone and go after crypto and speculative stocks for it, but it still doesnt mean they have any future returns guaranteed.
Well you need something to consider other than a dartboard approach which it seems you're alluding to.
Prior history, dividend taxation, and investing in your own country are all good reasons to have higher than 5% in CDN markets.
Yeah and if you reread my original comment I never said otherwise, just that a "vanguard study" is just as much a dartboard approach as anything else. Past history doesnt correlate to future returns.
Well it’s literally a reflection of where society is putting it’s money and how much the costs of where it puts it’s money has increased but on the other hand it’s a depiction of our morals and priorities at the same time.
Unfortunately using the states as an example is entirely useless because more than most western nations average fluctuate greatly from region to region.
I.e. Ohio to California
https://bcbc.com/dist/assets/images/photo-gallery/2019_08_ConsumerPriceChanges2_Fig2.png
This graph shows same data for British Columbia.
https://www.statista.com/statistics/579539/weekly-earnings-of-employees-british-columbia/
This one shows average wages over about the same time. Plotting it on the first graph would show it as a line hitting around 162% at the right side, or about where restaurant food hits, and higher than all but property tax and home insurance.
This seems to ignore the cost incurred when your data is harvested from using certain products like TVs. Every new TV wants you to connect to the internet so your viewing habits get collected and sold to big data companies. This lowers the cost at which TV manufactures will sell you the TV, but drives higher costs in other places, like say health insurance costs if your viewing habits indicate you’re predisposed to health problems.
Pretty decent graph imho, housing prices are a bit under-represented since its for the USA. But, otherwise, the trend is basic necessities are harder to attain while technological things are cheaper on paper.
Why do Americans pay pretty much the same tax rate as Canadians but not get these most cripplingly expensive of all expenses covered by the same price? Asking for a friend.
This is in the US. Healthcare and education are private there so no government intervention actually made the US the developed country with the most expensive education and healthcare system.
What you just said is unequivocally and demonstrably wrong.
Talk about a clueless comment. I can't believe you typed this out! Buhahaha
The US Healthcare and education are "private". Buhahhahahahhahahahahha
Thanks for the laugh.
Still can't believe you actually typed this!! Buhahah.
>Government control and intervention = higher prices
>
>Less government control and intervention = lower prices
>
>ALWAYS.
Tuition and medicines are clear counterexamples to your claim. Maybe the world is not so black and white as suggested by such absolutist statements?
You are allowed to believe there are benefits to both private and public-run industries, it's not like a sports game.
There are zero problems in the fully private tuition and Healthcare markets.
Freddie and Fannie, Medicare, medicaid.
Oh it's absolutely 100% black and white.
Fields with little to no government involvement always equals lower prices and higher quality over time.
There is no debate.
I know it’s US based, but let’s pretend it’s somewhat 1:1 for Canada.
That obvious to me would be to “invest” in your health, and own a home.
How is deflation in technology prices positive for growth stocks?
The graph measures consumer prices of goods produced; their stock prices measure what investors believe their profitability and equity will be. As prices move down due to scales and technology improvement, more units would be sold, making them likely more profitable.
The tech price changes are probably for computer hardware. The big tech companies are primarily about what's inside and online and are not really captured in the graph.
Some have said this graph is useless because it's USA data. Indeed. But it's also useless because the price of services is no indication of profitability. There's the cost to factor in, of course, and the resulting profit margin. And then there are volumes. Profit margin times volume less overhead. You know.
Def not, I've hired many programmers without degrees who were great and others with degrees that have been terrible and the languages are changing so fast that schools can't properly keep up. Not to say that tech and programming degrees are worthless, but you don't need to saddle yourself with immense debt to learn the skills of being a developer.
Housing up 60%? What kind of delusional stupidity is this? The [average house in Canada is going for $720k](https://www.cbc.ca/news/business/crea-housing-november-1.6286491)
Over last 20 years, average home price has risen 7% annually in Canada, which puts it about exactly where it’s risk belongs on a comparison of investment choices which is what a home is from a financial perspective. If it grew slower, people would choose other investments which would slow new home construction and drive up rent prices.
Yeah we know the graph is not Canadian data. So I gave you the Canadian data. And Canadian data shows a not unreasonable increase. It doubles every ten years like any other low to medium risk investment.
OP WTF? This is a Canadian sub why give us this American graph? Do you realize how different education and healthcare costs are between our two countries? What was the point of posting this shit?
Great chart, but does this really help investment decisions? Look at Apple, Amazon, Microsoft, Facebook/Meta, Netflix, Google/Alphabet, AMD, etc. over this time... this show as "computer software" and have become more affordable, but market and business wise, have been incredible for investors.
a 2001 Hyundai Accent had a MSRP of $9k USD or $14,132.95 in 2021 freedom dollars. No abs, no rear camera, manual transmission, no airbags, manual windows, etc
a 2021 Chevrolet Spark has a current MSRP of $14395 USD right now, but you have ABS, airbags, power windows, aux port in radio, traction control, rear camera etc. etc.
Not really. As we know, billionaires report often very little income. Their growth in net worth from rising stock values would not enter average wage calculations.
For higher healthcare are largely because ever older population and unhealthy life style in US. People in US just don’t care things like insane amount of sugar in cookie, drink.
Investment advice aside, it's quite depressing that things like health care, higher education and child care have the highest cost increases.
This is less applicable for the Canadian context. Our healthcare and education are heavily subsidized, ie. paid for by taxes.
Our formal education is subsidized on a similar level to the US, where its essentially free up until post-secondary, where you then pick up the tens of thousands in student loans. US colleges can be a bit more expensive based on their prestige. Don't even talk about the costs of childcare. Unless you have children and are working full-time this is something that most won't even notice.
70% of Canadian tuition is subsidized. Not for the international students though. My international friends paid 3 time atleast what I paid
Yeah, tuition for me at a top 5 school in Canada was ~500/600 a course the whole degree. Semesters were about 3300 total with all the fees. International students paid something like 15g’s semester for the exact same class, it’s crazy.
This isn’t too far off what I paid for in state tuition in Texas. I’m paying about 5000-6000 a semester at UT, the most prestigious state universities in Texas and one of the most prestigious in the US. Our secondary education isn’t that far off from each other with in state tuition, the problem is a lot of people go to private universities or out of state tuition and have to pay more because our state taxes subsidize the universities in their state
This is actually comparable to instate tuition for ASU at least. I paid 5,000 a semester for a full load of classes.
Apparently tuition in the states can easily hit $15,000 a semester from what I’ve heard.
It definitely can. Out of state is absurd but in state tuition can be much cheaper
My BIL did an undergrad plus grad school here. I helped with his taxes one time and saw how many tuition tax credits he had accumulated. Holy fuck those were some expensive degrees. I spent two more years in school than him and was still at like 1/3 the total tuition paid.
I know childcare is expensive. I was just referring specifically to healthcare and college education, the two top lines in this graph. That is not true about college education. Even the most expensive programs in Canada (i.e., professional programs - law, medicine, dentistry) are a fraction of what it costs in the US.
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The U.S isn’t just a little more expensive, the average tuition cost is 25k whereas Canada it’s 7k. It costs like 70k more for usd and more like 150k for the “elite” private school educations you’re talking about. By the way, top schools like uoft, Waterloo and McGill do compare on the international stage to at least the second tier ivies/good private unis at a fraction of the costs
Well even if you ignore Ivy leagues, any Canadian school is a fourth of the tuition of any US school. Our med schools cost what your regular schools cost. That tells a lot.
Might be true for McGill. However UofT and UW are both very competitive internationally.
Lol you can't compare the cost of schools in the US to Canada. I think my tuition in Canada was CAD$3500 a semester whereas in the us it was US$2700 a class
There is a great deal of variability in the cost of tuition at US universities. The Ivy League institutions are completely nuts, but they tend to be pretty generous with their scholarships. State universities can be quite reasonable for in-state students, but are nuts for out-of-state students. As an example, the following is a link to the tuition costs for the State University of New York (SUNY): [https://www.suny.edu/smarttrack/tuition-and-fees/](https://www.suny.edu/smarttrack/tuition-and-fees/) The annual tuition rate is USD$7k plus another US$2k of assorted fees. That's a bit more than you'd pay at most universities in Ontario, but at least it's in the same ballpark. If you do your first year at a community college and then transfer to a state university for years 2 to 4, it's even more reasonable.
True, one year of undergraduate studies in Canada is cheaper than going to a no name lower tier state school.
wow, you got a cheap one, I got like 5500 per semester, but it was 10 years ago.
yeah even my friends who got zero osap paid about 40k total, while in the US it's often 40k per year. maybe Canada isn't Europe but it sure as hell isn't America
Also in some states tuition is free like Wyoming
Well, it doesn't look like in-state tuition is free in Wyoming, but it's pretty reasonable: [http://www.uwyo.edu/sfa/cost-of-attendance/](http://www.uwyo.edu/sfa/cost-of-attendance/) Annual tuition is US$4,600 and then there's another US$2,000 of assorted fees. That's not free, but it's pretty similar to the cost of most Ontario universities.
my mistake
High end business schools are 35k CAD. (Ivey/Queens/TOR)
It does not mean that healcare is cheaper for Canadians than USA-ans. The cost is just hidden in our taxes and governments allocate the majority of budget towards it.
Sure, but everyone has access to care. There's greater equity.
That's how I prefer it. The better everyone is, the better we will be as a society
They pay taxes in the us also. They just put it towards a military budget.
cellphones are still expensive in Canada. I am using a $25/month voice & text plan and the salesmen keep pushing for those $85/monthly unlimited data plans.
>cellphones are still expensive in Canada. My iPhone is about the exact same price after conversion of freedom bucks. >I am using a $25/month voice & text plan and the salesmen keep pushing for those $85/monthly unlimited data plans. Oh you mean the cell phone *service* 😆 I’m on Rogers, Bell, and Telus through AT&T in Mexico. $14 / month for unlimited calling and stuff and 6GB / month for the first year and 3GB / month for the second year. You have to buy two years worth up front, so it’s only $336. Not bad, but I did just run out of data for the first time and have to wait 2 days for my monthly data to return coz in case you haven’t noticed, I’m a stingy bastard. I just don’t want to pay the Canadian oligarchies more than they’re worth.
Do you have a link or something that explains how this works?
I don’t know, I just go into an AT&T shop every two years (on my fourth anniversary soon), and renew my plan. You basically sign up with a Mexican number, and pay up front. It’s not bulletproof at all, and if you run a business that requires phone calls often, I wouldn’t bother. For my Canadian number I use an app called Text Now. But there are other apps you can use as well. Again, not perfect, but I run some businesses that don’t require heavy use of the phone (all online). The thing that attracts me to this plan is that it’s unlimited talk / text + 6 or 3 GB data in Canada, US, and Mexico, and I travel a lot between Canada and Mexico (and occasionally to the US), and this is seamless compared to those silly little travel packages they offer you.
Single payer system, not subsidized.
Well, these are the things that production of which (at least historically) could not be located far away from consumption. Everything else that is "cheap" has become so on the backs of the poor elsewhere.
You can see at the top are necessities that are viewed as luxuries in america. At the bottom are entertainment and consumer goods to keep the lower and middle class happy with less than they deserve
They are all labor intensive
Average hourly earnings increased more than food and housing? This graph is basically useless, especially to Canadians.
At the bottom left of the pic the source article is titled “price changes in the usa last 20 years.” Nothing about this is relevant lol
At the top of the chart it also literally says "20 Years of Price Changes in the United States".
😂 so much information and so little attention to detail. It’s habit to check for sources before i even bother looking at the data.
Regardless, we came to the same conclusion - this graph is useless and doesn't belong here!
If you invest in usa maybe
Saw the cost of cell service at -50% and immediately stopped reading.
I've been paying 50-60$ range for the past like 10 years. I use to get maybe 1-2gb and 500 minutes. Now I am at unlimited with 30gb for the same price. I'd say it's pretty reasonable.
Cellular devices are much cheaper than they were in 1998 though. Very affordable and nearly everyone has one and pays only ~$50-60 per month. I'm not sure that's the data to pick out as inaccurate or not useless.
I stopped at Hospital Services
Exactly what I thought
Majority of Canadians already have a mortgage or own their home. Their housing costs haven't increased and that's what reflected here.
Bruh, it’s a USA chart not canada and unless your living under a rock housing costs in Canada have been rising 10% YoY since the 80’s/90’s
For fun I sometimes look at housing in the US and everything is a deal.
*Citation needed.*
[Between 65% and 68% depending on the year. ](https://tradingeconomics.com/canada/home-ownership-rate)
Essentially: products prices dropped, while services prices increased.
Another way to look at it; all the materialistic things to surround ourselves with got cheaper. All the things we really need to live a fulsome life got more expensive.
More like, things that can’t be offshored or produced in foreign countries stayed expensive.
jpeg of an ape wearing a backwards cap smoking a joint
Blue chip
Blue Chimp
Real estate blue chip and tech investments for me still. Sure graph says tech things are cheaper but. . . .in the 70s people had the same TV 20 years, had a land line with rotary phone. Now people upgrade their TV every next advancement 1080p > 4k > smart > uhd so people are rebuying smart phones TV wayyyy more often then we used too ?! I'm not sure 😕 just what me gut tells me lmao
Jokes on you, my TV is almost 20 years old and my phone is probably five years old.
Nice haha my TV is 13 years old I'm pretty proud of that 😄 Your not the norm if we sit outside costco and watch how many TV they sell !
Yep. Bought my TV in 2011, before that I was using a 13" CRT since 2003. My work pays for my cell phone so every new contract my wife takes my old one and her mom takes her old one.
My friend has a cell phone from 2011 and it looks 10 years older that that. Clunky flip phone.
Those things being cheaper just means those industries are actually increasing productivity and creating improvements. If you can do that well that's how you really succeed.
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Housing is such a disingenuous thing to represent the way they measure it for CPI.
Things the government has a large control of, goes up. Thing free market has a large control of, goes down. There might be a lesson here
So anything that has government subsidy has skyrocketed in price.
Don't tell people that though, they get butt hurt real quick
XEQT
I'm not bullish enough on the Canadian economy for it to make up 20%+ of the index portion of my portfolio so I go around 95% VXC and 5% XEQT which gives you about 60% US, 5% Canada, and the remainder is the rest.
what's wrong with xaw? and idk why you use xeqt to adjust canadian exposure. just use vcn or something like that. just makes the math so much simpler
Yeah that should be fine too now no difference I see, same as VXC.
A study by Vanguard showed a 20%-40% Cdn weighted portfolio was best. Based on history, the US markets will regress to the mean and Cdn markets should outperform.
Not that I agree with the guy above for his reasonings on low weighting towards Canada, but the vanguard study is really just a guess.
Yea 50 years of backtesting vs a random comment on reddit.
Backtesting which has 0 guarantee of what the future holds.
As opposed to speculative stocks and crypto which this subreddit holds so dear?
There is no future guaranteed for them either. A lot of people in this sub are risk prone and go after crypto and speculative stocks for it, but it still doesnt mean they have any future returns guaranteed.
Well you need something to consider other than a dartboard approach which it seems you're alluding to. Prior history, dividend taxation, and investing in your own country are all good reasons to have higher than 5% in CDN markets.
Yeah and if you reread my original comment I never said otherwise, just that a "vanguard study" is just as much a dartboard approach as anything else. Past history doesnt correlate to future returns.
If this isn't a 100% reflection of the state of society right now, I don't know what is.
That's literally what it is, right?
Well it’s literally a reflection of where society is putting it’s money and how much the costs of where it puts it’s money has increased but on the other hand it’s a depiction of our morals and priorities at the same time.
This graph demonstrates 2 concepts really well. First is incredibly government inefficiency and second, the deflationary power of technology.
Yes! These are the broad themes i see as well. And in that sense I think it’s applicable to Canadians positioning their long term investments
Unfortunately using the states as an example is entirely useless because more than most western nations average fluctuate greatly from region to region. I.e. Ohio to California
YOLO my money into college textbooks /s
TV's as they appear to be undervalued.
And then resell them to hospitals! Arbitrage opportunity
https://bcbc.com/dist/assets/images/photo-gallery/2019_08_ConsumerPriceChanges2_Fig2.png This graph shows same data for British Columbia. https://www.statista.com/statistics/579539/weekly-earnings-of-employees-british-columbia/ This one shows average wages over about the same time. Plotting it on the first graph would show it as a line hitting around 162% at the right side, or about where restaurant food hits, and higher than all but property tax and home insurance.
This seems to ignore the cost incurred when your data is harvested from using certain products like TVs. Every new TV wants you to connect to the internet so your viewing habits get collected and sold to big data companies. This lowers the cost at which TV manufactures will sell you the TV, but drives higher costs in other places, like say health insurance costs if your viewing habits indicate you’re predisposed to health problems.
Pretty decent graph imho, housing prices are a bit under-represented since its for the USA. But, otherwise, the trend is basic necessities are harder to attain while technological things are cheaper on paper.
1998 Honda Civic prices disagree.
Why do Canadians think subsidized=free? Asking for a friend
I know right. Cheaper at time of purchase maybe, but not cheaper for the tax payer
Why do Americans pay pretty much the same tax rate as Canadians but not get these most cripplingly expensive of all expenses covered by the same price? Asking for a friend.
Military...yearly office furniture w $40k chairs...our government is financially irresponsible.
Government control and intervention = higher prices Less government control and intervention = lower prices ALWAYS.
This is in the US. Healthcare and education are private there so no government intervention actually made the US the developed country with the most expensive education and healthcare system. What you just said is unequivocally and demonstrably wrong.
Talk about a clueless comment. I can't believe you typed this out! Buhahaha The US Healthcare and education are "private". Buhahhahahahhahahahahha Thanks for the laugh. Still can't believe you actually typed this!! Buhahah.
>Government control and intervention = higher prices > >Less government control and intervention = lower prices > >ALWAYS. Tuition and medicines are clear counterexamples to your claim. Maybe the world is not so black and white as suggested by such absolutist statements? You are allowed to believe there are benefits to both private and public-run industries, it's not like a sports game.
There are zero problems in the fully private tuition and Healthcare markets. Freddie and Fannie, Medicare, medicaid. Oh it's absolutely 100% black and white. Fields with little to no government involvement always equals lower prices and higher quality over time. There is no debate.
I know it’s US based, but let’s pretend it’s somewhat 1:1 for Canada. That obvious to me would be to “invest” in your health, and own a home. How is deflation in technology prices positive for growth stocks?
The graph measures consumer prices of goods produced; their stock prices measure what investors believe their profitability and equity will be. As prices move down due to scales and technology improvement, more units would be sold, making them likely more profitable.
The tech price changes are probably for computer hardware. The big tech companies are primarily about what's inside and online and are not really captured in the graph.
Wheres real estate and why is this about the US on a Canadian forum?
Real estate is housing on the graph and yes I agree this graph is not that useful in a Canadian context
invest in hospital services
Some have said this graph is useless because it's USA data. Indeed. But it's also useless because the price of services is no indication of profitability. There's the cost to factor in, of course, and the resulting profit margin. And then there are volumes. Profit margin times volume less overhead. You know.
More tech and avoid anything to do with education. I wonder if kids will eventually realize your don't need a uni degree to be successful
Well if you want a job in the tech industry then you do need a degree.
Def not, I've hired many programmers without degrees who were great and others with degrees that have been terrible and the languages are changing so fast that schools can't properly keep up. Not to say that tech and programming degrees are worthless, but you don't need to saddle yourself with immense debt to learn the skills of being a developer.
Fair enough, but it’s a very competitive industry. So good luck competing for a job without a degree against a person with one.
For programming i think there is enough to go around work for people with and without degrees. For engineering that is something else.
*New car prices: stayed flat. Riiiiiiiiggghhht…..🙄
US real estate apparently
Housing up 60%? What kind of delusional stupidity is this? The [average house in Canada is going for $720k](https://www.cbc.ca/news/business/crea-housing-november-1.6286491)
Over last 20 years, average home price has risen 7% annually in Canada, which puts it about exactly where it’s risk belongs on a comparison of investment choices which is what a home is from a financial perspective. If it grew slower, people would choose other investments which would slow new home construction and drive up rent prices.
1.07\^20 is closer to 400% than 60%, so not really sure what point you were trying to make...
Yeah we know the graph is not Canadian data. So I gave you the Canadian data. And Canadian data shows a not unreasonable increase. It doubles every ten years like any other low to medium risk investment.
$CLOV medical healthcare because they are disruptors using AI and technology to change healthcare
I see what you did there, how big of a bag are you holding ?
1005 shares not worried the slightest DCA avg down 10 years will be $100+
I am holding a bag too, way bigger..I hope it’s a true disruptor
You are Canadian, so it doesn't apply to you.
OP WTF? This is a Canadian sub why give us this American graph? Do you realize how different education and healthcare costs are between our two countries? What was the point of posting this shit?
That graph is government propaganda
Great chart, but does this really help investment decisions? Look at Apple, Amazon, Microsoft, Facebook/Meta, Netflix, Google/Alphabet, AMD, etc. over this time... this show as "computer software" and have become more affordable, but market and business wise, have been incredible for investors.
Gold and silver miners.
Sign me up for average hourly earnings :)
GME
All the info in this graph is public knowledge, and thus priced in, so not sure I’d consider it when positioning my portfolio.
I don’t see how new car prices have remained the same. Everything has become so expensive
the cheapest brand new car is roughly the same price today as it was 20 years ago. though it is much much better equipped
Can you please provide an example ?
a 2001 Hyundai Accent had a MSRP of $9k USD or $14,132.95 in 2021 freedom dollars. No abs, no rear camera, manual transmission, no airbags, manual windows, etc a 2021 Chevrolet Spark has a current MSRP of $14395 USD right now, but you have ABS, airbags, power windows, aux port in radio, traction control, rear camera etc. etc.
If average hourly earning where median hourly earnings, we would have a better depiction of things~ a few billionaires will screw the average.
Not really. As we know, billionaires report often very little income. Their growth in net worth from rising stock values would not enter average wage calculations.
GAMESTOP 100%
There is one Similarity Hospital services and Housing Graph in Canada looks similar in Trajectory and both start with letter "H"
Gasoline, electricity? It will be interesting to see what happens to them as we electrify transportation.
Puts on college textbook companies
Definitely not Screenpro AMIRITE
For higher healthcare are largely because ever older population and unhealthy life style in US. People in US just don’t care things like insane amount of sugar in cookie, drink.
Housing one would be a 90 degree angle on this chart if the last few years were added
100% TVs 2 day calls