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I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people max bet on penny slots about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

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Many Canadians don't keep a close eye on the business pages. But last week, coverage of the strange case of rebel traders, coordinated on Reddit, sticking it to the man by bidding up shares such as video game retailer GameStop and Waterloo-based Blackberry seemed to strike a chord with the broader public. Even after he made a reported 1, per cent gain on GameStop stock, market guru Michael Burry, made famous by the movie The Big Short after he risked big and won in the subprime crash, expressed concern.

This is unnatural, insane, and dangerous," Burry said in a tweet, now deleted , but widely quoted in the financial press. Even the name Robinhood, with its reference to the tale of the outlaw who stole from the rich to give to the poor, might be enough to make billionaire hedge fund managers nervous.

In trying to answer the question in his headline, Armstrong used a series of charts to demonstrate that instead of exhibiting a traditional relationship between share prices and company earnings, hot stocks such as Tesla have traced a pattern of speculation more like bitcoin, which he said has no underlying value.

Those of us who keep a closer eye on the business media have noticed an increase in stories such as how to keep your investments safe from a market decline. A news search of "dotcom bubble" — a reference to when markets fell nearly 80 per cent from their peak, reveals a flurry of recent hits. But even in racy pieces such a recent report titled " The Stocks Bubble-O-Meter Is Flashing Bright Red " by influential Bloomberg columnist John Authers, the conclusion usually isn't that shareholders should run and hide.

Many market analysts continue to insist that high share prices are by no means irrational in a world where interest rates, and thus the returns on safer investments, are so low. Predictions of crashes in stocks and in Canada's high-flying property markets have repeatedly been proven wrong.

The implication is that by cutting rates, first to stabilize markets, then to boost the economy, central bankers may have created a new kind of instability that is not easily solved. Don Pittis was a forest firefighter, and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. Biden administration to build two mass vaccination sites in NYC, Cuomo says.

Noah Higgins-Dunn 12 min ago. Under Armour forges ahead with plans to pull out of wholesale retail. Lauren Thomas an hour ago. GM has no interest in following Tesla and investing in bitcoin. Michael Wayland 3 hours ago. Health and Science. New York Gov. Cuomo says large arenas in the state can reopen starting Feb. Biden's next fight: Anti-vaxxers jeopardize plans to protect U. Biden administration partners with Texas to build three new mass vaccine centers.

American Girl sales rebound offer proof of Mattel turnaround. Here's who is likely to get a third stimulus check under the latest relief package. When to file your taxes to maximize your stimulus payment. Elon Musk's dogecoin tweets are worrying and people will lose money, bitcoin bulls say. More In Business News. Personal Finance. You may be able to get vaccinated at work soon. Nursing homes with more minority residents had more Covid deaths: Study. NJ gov explains why smokers under 65 qualify for Covid vaccine before teachers.

Bruce Springsteen was arrested on drunken-driving charges in November in NJ.

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Can they keep rising like a SpaceX rocket ship? Can they settle gently to Earth? Or must they return in a ball of flames? In examining the Canadian housing market, another asset driven repeatedly to new highs by rock bottom interest rates, Canadian real estate economist John Pasalis expects home prices will continue to surge this year. And while governments and central banks must realize what they are doing — stimulating the real estate economy and making Canadian homeowners feel rich — there must eventually be a reckoning, he said.

Following Monday's new market records and Musk's investment in bitcoin, a similar view has been widely expressed by many other market analysts. In fact, for practical investors who believe that a stock's value depends on future earnings, not speculation , Musk's big move into bitcoin is seen as a move away from value based on earnings.

Many conventional financial analysts see bitcoin, with its wild ups and downs and no clear intrinsic value, as not just optimistic speculation but gambling. As with soaring bitcoin, the question Canadian investors may want to ask first is how high markets can go. That is a question directly addressed by the book Irrational Exuberance , written by Nobel Prize-winning economist Robert Shiller at the peak of the dom-com boom before markets tumbled and then reissued just before the U.

Much of his advice still holds today, including the following tidbit:. Don Pittis was a forest firefighter, and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China.

He is currently senior producer at CBC's business unit. Social Sharing. Invest like a multibillionaire? Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time. Social Sharing. Cost of Living Let's get digital: from bitcoin to StockTok — plus what low literacy means for Canada's economy. We also repeat the following Tuesday at a. Miss a segment? Find this week's stories below!

So what is the value of something you can't exchange for many goods, and why are people buying in? Cost of Living The boom in bitcoin and whether you need to care about cryptocurrencies.

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Bitcoin hit a new all time high on Monday morning after electric car maker Fears of a market bubble are growing as stocks trade like bitcoin. relationship between share prices and company earnings, hot stocks such as Tesla have traced a pattern of speculation more like bitcoin. Bitcoin was up 14 per cent to $43, according to digital currency brokerage Coinbase. The price of a barrel of oil gained more than $1 to trade.