Page 31 - Sports Energy News, Cornwall, Issue No 142
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www.sportsenergynews.com                                                       Issue #142 November 2024                                   31


      By Brian Johnston                     By Max Ming
      Continued from page 30                Continued from page 30                    KARATE KOMMENTS

      pre-pandemic  period.  Inflation  then  election results is staying invested.
      was  locked  in  around  2  percent.    “Presidents get far too much credit,
      Looking ahead, a 2 to 3 percent range
      seems quite possible.                 and  far  too  much  blame,  for  the       By Jim Riddell,
      If that’s the case, then we shouldn’t   health of the U.S. economy and the
      expect to see mortgage rates get back   state of the financial markets,” says     Seaway Karate Club
      to  the  low  levels  of  the  “normal”   Capital  Group  economist  Darrell
      economy  of  2019.  Five-year  fixed   Spence.  “There  are  many  other
      rate mortgages could be had for 2.5   variables that determine economic       1000 Punch Drill
      to 3 percent back then, compared to   growth  and  market  returns  and,           he 1000 technique  drill  is a workout where a singular technique  is
      4.5 to 5 percent today. We will see   frankly, presidents have very little     Texecuted one thousand times using several different methods.  The
      further declines in mortgage rates    influence over them.”                   benefit of this drill is that it helps to commit the technique to muscle memory
      if the inflation rate falls and doesn’t   You  may  be  thinking  “Okay,  but   and make it become an automated response. Repetition of any movement or
      pop  back  up  again.  But  without   how does this impact me today?”         combination of movements creates a neural pathway in the brain allowing
      a  complete  collapse  of  inflation,   The  number one reason most           that movement to become second nature. So - just how many reps does it take
      don’t expect to see 3 percent 5-year   investors fail is that they let their   to create muscle memory? That seems to depend on who you ask; I have seen
      mortgage rates any time soon.         emotions  get  in  the  way.  In  the   various numbers on this topic, but 10,000 reps seem to come up frequently.
                                                                                    Let’s just say that if you practice this drill twice weekly until you read Karate
      Borrowing  costs with  variable-rate
                                            end,  the  most  important  variable    Komments in the next issue of Sports Energy, that you will be well on your
      mortgages  ride  up  and  down  with   to  investing  success  is  also  the   way to making the technique a part of your automated arsenal. It is very
      the Bank of Canada’s overnight rate,
                                            only  variable  you  can  ultimately    important  that  this  drill  be  done  using  good  form,  keeping  “quality  over
      which  is  expected  to  start  edging   control:  your  own  behaviour. Yet   quantity” in mind at all times -  we don’t want sloppy technique ingrained
      lower as soon as this summer.                                                 into your muscle memory.
      Back in mid-2021, you could get a     MANY  of  us  put  huge  amounts         I am going to use the reverse punch  (straight punch executed off rear leg)
                                            of  energy  into  variables  that  we
      variable-rate mortgage in the area of                                         as the technique of choice as it is one of the most common and important
      1.5 percent; today, 6.25 percent is a   cannot control.                       techniques in karate. These drill sets are an example only - you can tweak it
      good deal. If the Bank of Canada is  In  an  election  year,  political       or change it to suit your preferences as long as you end up with 1000 reverse
      aggressive  with  rate  cuts  this  year,  campaigns often cause you to focus   punches at the end of the drill. 1) step forward with a reverse punch. You
      maybe we get that 6.25 percent down  on what is wrong with one party or       have the option of taking this into a lunge. 50 reps on each side = 100 reps.
      to 5.25.                              another, or the country as a whole.     2) Stepping/sliding back - reverse punch. 50 reps on each side = 100 reps. 3)
      The data on home sales so far this  There is nothing wrong with               sitting on a chair/stool - 50 reps on each side = 100 reps. 4) On one knee - 50
                                                                                    reps on each side = 100 reps. 5) On the stairs (facing up) 50 reps on each side
      year  suggests  the  housing  market  wanting your candidate to win, but      = 100 reps. 6) On the stairs (facing down) - 50 reps on each side = 100 reps
      is  tentatively  emerging  from  the  as  we consume  these  continuous       7) Lead leg front kick, reverse punch - 50 reps on each side = 100 reps. 8)
      slump  of  the  past  24  months.  The  negative  messages  it  is  easy  for   Backfist/jab reverse punch combination - 50 reps on each side = 100 reps. 9)
      unlikelihood of a quick, decisive drop  emotions to rise to the surface and   Back-fist/jab, hook punch, reverse punch combination - 50 reps on each side
      in mortgage  rates raises questions  believe  that  the  election  outcome    = 100 reps. 10) Lead leg front kick, reverse punch. Total reps -1000.
      about how strong and sustainable a  (one  way  or  another)  could  be         Repetitions are important but common sense must be used when determining
      housing rally would be.               disastrous to our investment plan.      the amount of speed or power used in this type of drill. If high repetitions
                                                                                    are not part of your regular routine, it would be wise to dial the intensity
       By Mike VanderMeer                   So, remember, have a plan and stick     level back to prevent injury. Punches are much more commonly used in the
       Continued from page 30               to it. We have noticed over the last    1000 technique drill as they are easier on the body and don’t consume nearly
                                            20+  years  that  some  people  tend    as much time. Kicks use considerably more energy than punches and take
      internet, and cable vision to consider.
                                            to  trust  their  investment  plan  the   longer to execute - imagine trying to cram a 1000 kick drill into a 30 minute
      If you have children, you will want
      to check into school districts  and   least when they need it the most.       workout - that’s 1 kick every 2 seconds for the full duration. Good luck with
                                                                                    that one.
      transportation to schools.            During times of turmoil is not the
                                            time to toss out your strategy and       Bonus drill: Environmental drill/spacial awareness - practice your footwork
      We  see  a  lot  of  people  making   cede  control  of  your  portfolio  to   by shadow boxing in a small room or around furniture. Try it in a garage,
      cash  offers  on  lots  and  if  you  do                                      basement,  attic,  or  anywhere  that  may  be  a  bit  cluttered  and  offering  a
      make  a  cash  offer  you  should  do   your emotions. It’s human to trust    challenge. Things are different once you are no longer in a wide open space,
                                            your  investment  plan  the  least
      your  homework  before  submitting                                            and it can be a fun drill having to alter many strikes to make them work in
      an  offer,  otherwise  you  may  find   when you need it the most and be      that particular situation.
                                            tempted to react to your emotions
      yourself with a lot that is not suitable                                       Karate  Quote:  Athletic  ability  determines  what  you  can  do.  Motivation
      to you.                               or the media.                           determines the effort. Attitude determines how well it is done.
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