The free-for-all of asset bubbles builds a world of hurt for would-be “investors” who neglect math and due diligence work. Old lessons are ripe for relearning here. See: Real estate company collapses, 500 homes affected, $10m from investors across Canada missing. “Fund-A-Flip…hassle-free landlord programs”…so many red flags…
March 30, 2022 | When “Guaranteed Returns” are Everything But

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com
A judge has assigned a special investigator to look into the collapse of a Saskatoon real estate group in January. Epic Alliance managed more than 400 properties in Saskatoon, most in core neighbourhoods. It also had a pool of more than $10 million from investors.
Here is a direct video link.
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Danielle Park March 30th, 2022
Posted In: Juggling Dynamite
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