France, not only because of its recent terrorist attack, know what is like to deal with immigration problems. They have "HLM" where immigrants are jam pack, a lot of them are Muslims. People who live there live in hell. Drugs, prostitution, radicalization, school dropout... Its very sad, but while opening our doors to immigration, we also open the door to those kind of problems which cost a lot of money to deal with.
Immigration problem is one of the reason why France is so economically poor.
Canadian society is not made for Syrian immigrants. First, there's a religion problem. In Syria, they have their little Muslim routine, they pray, etc... But here in Canada, we live our daily live free of any religion. Our society system is not strong enough to welcome refugees because we let people do whatever they want. If a girl want to wear a hijab, she can. And see the results in France.
In France, immigration problems have nothing to do with Paris terrorist attack. The problem is so more complex and bigger than that. When you remove individuals from all they know to put them in a new environment they don't know anything about, don't expect things to go well. Its not ok to take poor refugees, bring them to Canada, force them to learn English and French and expect them to make a living by their own. By doing so, we are condemning Syrian refugees to eternal poverty.
In the meantime, who is helping the workers who lost their job in the oil sector? What are we doing to help our own citizens? Nothing is being done. But we are willing to spend millions of dollars to welcome poor Syrian refugees who don't practice a decent religion and who don't speak either French or English.
Syrian refugees need help, but its not Canada responsibility to take. It doesn't make any sense to bring those people here. Syrian should reside in Muslim countries. Many of Syrian refugees live in Jordan. They should simply stay there. We could help Jordan to build infrastructures, schools, etc for those refugees, but taking them and bring 25 000 of them in Canada is foolish. Syrian refugees had to give up on their country, do they really have to give up on what is being left of them? I don't think so. Welcoming refugees is certainly good for Justin Trudeau image, but it will create all kind of problems, to Syrian refugees and Canadians people.
We'll have to do like in France, build HLM for Syrian refugees to live in because they don't have enough to pay their rent. And they cannot pay rent because they cannot find work... they cannot find work because they don't speak and don't understand our language... Its a vicious circle and I don't think Justin Trudeau truly understand in what kind of shit he's driving us in. Its very arrogant in a way. Its a decision made without any sensibility and without any respect to us.
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Darned if you Do. Darned if you Don't.
What as been your performance in the last few years. We have had quite a bull market since 2008 and if you were properly diversified, you were able to accumulate wealth. Of course you had to be invested in the US to take advantage of our strong dollar back then.
My performance is as follows
My portfolio dec 31, 2007 was $203,131
In 2008, I invested $208,070, closed at $314,382 for a loss of $97,615 (-23.74%)
In 2009, I invested $104,074, closed at $561,131 for a gain of $142,675 (33.62%)
IN 2010, I invested $163,736, closed at $822,437 for a gain of $97,570 (13.46%)
In 2011, I invested $131,088, closed at $833,598 for a loss of $119,928 (-12.57%)
In 2012, I invested $206,738, closed at $1,235,875 for a gain of $195,540 (18.79%)
In 2013, I invested $10,000, closed at $1,636,123 for a gain of $390,248 (31.3%)
In 2014. I invested $21,756, closed at $1,835,673 for a gain of $177,794 (10.72%)
In 2015, I invested $0, balance so far is $1,980,000 for a gain of $144,327 (7.86%)
In the last 8 years, I gained $930,611 which is almost double the amount I have invested. I am invested in individual stocks as well as mutual funds and close to 40% of my portfolio is invested in the US which has seen the most gains.
At the start of 2008, I invested 50k in the Mawer Canadian fund, 50k in the Mawer US fund and 50k in the Mawer International fund and today the balance is 84,500 in the cnd fund, 111,135 in the US fund and 94,381 in the International fund for a total of 290,316 which is almost double the original 150,000 in less than 4 years. This demonstrate 2 things: first, you don't have to pick individual stocks to make money, and secondly, there were better opportunities outside of Canada to invest although the Mawer Canadian performance is quite impressive considering the performance of the tsx during that period.
Just curious if you have that kind of information on your performance during that period.
On the other side, accumulating close to 2 million in wealth hasn't changed much in my life, I still work at running my business and my portfolio whether up or down 10 or 20k is now just a number.
Hi Sam,
I guess you are a new reader because I had been supporting NDP for many years now.
I vote for Tom Muclair NPD this year and 4 years ago, I voted Hélène Laverdière of NDP also.
I used to be Liberal, but Justin Trudeau doesn't have what it take to be our Prime Minister and chief of its party. He's a jerk. Same thing with his wife. A ridiculous couple.
This election proof that most Canadians are really superficial.
It cost a lot to be Canadian, but not as much as $150 000, I can assure you. They're many French of France people at my workplace and becoming Canadian, I don't remember exactly, bit something like $2 500 - $3 000, but never as much as $150 000.
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