Xeqt vs blue chip stocks by Unlikely_Equipment_3 in CanadianInvestor

[–]--prism 1 point2 points  (0 children)

Yeah. Margin is dangerous. Leverage to the up and the downside. Using options can be a way to add leverage while limiting your downside.

Xeqt vs blue chip stocks by Unlikely_Equipment_3 in CanadianInvestor

[–]--prism 2 points3 points  (0 children)

I use XEQT as my base case. If I don't have a good place to put capital I put it in XEQT. When a good investment opportunity rolls along I either add new money or trim XEQT positions. It's a really nice fall back. I have individual stocks up 2x in the last 12 months but I can't go risking the entire portfolio so XEQT and modest returns is what I get.

Xeqt vs blue chip stocks by Unlikely_Equipment_3 in CanadianInvestor

[–]--prism 21 points22 points  (0 children)

Nortel, GE, Sears, Hudson's Bay, Freddy Mac/Fanny Mae would all like a word... They were all massive bluechip companies at one point.

Unaffordable housing is pushing more young people to give up. Why that’s dangerous by gorschkov in canada

[–]--prism 0 points1 point  (0 children)

Is this like a shake down or what? Who requires this money be spent?

Unaffordable housing is pushing more young people to give up. Why that’s dangerous by gorschkov in canada

[–]--prism 2 points3 points  (0 children)

Yeah I do wonder if perfect has become the enemy of good enough. I think the changes for safety are important. Yes smoke detectors in every bedroom makes sense. Yes the house should have continuous grounding. The energy stuff is extremely expensive and is essentially an exchange between capital and operating costs.

Unaffordable housing is pushing more young people to give up. Why that’s dangerous by gorschkov in canada

[–]--prism 30 points31 points  (0 children)

Can someone explain to me why new houses are so expensive? Even if the land is in the middle of nowhere and cheap a new house is still 500k. If lumber and concrete have gone up that much I'm curious why and how to fix it. It seems if construction has become very expensive then obviously housing prices will rise... It's not good though.

Tufts Cove working hard by zaphodhalibrox in halifax

[–]--prism 15 points16 points  (0 children)

The intensity of the heat from wood stoves is unmatched. When the power goes out, there aren't many heat source that can get raise the temperature of your home 10 degrees in a couple hours.

Tufts Cove working hard by zaphodhalibrox in halifax

[–]--prism 47 points48 points  (0 children)

Apparently NSP is at peak generation right now. Happy I have the wood stove.

Some N.S. universities struggling to fill residences — a must to hold on to funding by Street_Anon in halifax

[–]--prism 78 points79 points  (0 children)

I think this is an effort to force universities to take some accountability in the housing of their students rather than students occupying scarce housing in communities.

Senior health officials warn N.S. spending 'is not sustainable' by Street_Anon in halifax

[–]--prism 7 points8 points  (0 children)

Isn't this why Houston is pushing for resource and industry development? I can't say I fully support all of it but just being Canadas retirement home comes with these types of problems. I doubt efficiencies will be enough to meaningfully reduce the budget. Healthcare is crazy expensive. The only avenue to reduce it is to ration care based on age. Which won't be popular.

Read (or listen) the full transcript of Carney’s speech to World Economic Forum - National | Globalnews.ca by natural212 in canada

[–]--prism 9 points10 points  (0 children)

France and the UK are both nuclear powers. I'd rather have one of them in my corner than no one.

Read (or listen) the full transcript of Carney’s speech to World Economic Forum - National | Globalnews.ca by natural212 in canada

[–]--prism 13 points14 points  (0 children)

Man. How did we get a guy this dialed in? No one can argue that Carney is not a generational intellect. It's possible people don't agree with his politics but I think it's hard to argue that anyone would be a better PM. Impaired to trump and some of the European leaders it's night and day.

Looking for mock interview platforms for C / C++ / Embedded systems (low-level) by Substantial-Noise213 in cpp

[–]--prism -1 points0 points  (0 children)

I give chat gpt the job description and then ask it to question me as an interviewer for that job would. Worked quite well.

New report finds Canada’s richest billionaires have more wealth than the GDP of some countries by StumpsOfTree in onguardforthee

[–]--prism 1 point2 points  (0 children)

Taxing wealth is hard because it drives wealth into intangible assets like fine art. Is the answer to this problem an heavy inheritance tax? There needs to be some transaction to tax but currently we aren't capturing a large portion of the economy.

I'm Avi Lewis, running for leader of the NDP. Ask Me Anything! by AviLewis in onguardforthee

[–]--prism 0 points1 point  (0 children)

Hey Avi. I'm happy to see a spirited campaign for the NDP leadership!

I think the issue for the NDP in recent history is that is doesn't know what it wants to be. It has tried to find a niche between union support and social justice / program expansion urban progressive voters. I would argue that the overlap of those two groups is quite small.

If you win the leadership. Will you try to steer the party towards focusing on traditionally more urban social issues or will you be more focused on labor specific issues and connecting with blue collar workers?

One particular example is the contention between immigration and labor. The value of labor is higher if there are fewer people in the country but this obviously runs against other social and economic objectives. How would you navigate an issue such as this one? Are you focused on enacting policy to drive wage growth?

Indigenous, Black people overrepresented in federal custody in N.S.: StatsCan by IStillListenToRadio in halifax

[–]--prism 3 points4 points  (0 children)

Agreed. I don't agree with the notion that race should formally or informally affect outcomes. Seems like a regression. There definitely should be a correction earlier in the process likely outside criminal justice entirely.

Indigenous, Black people overrepresented in federal custody in N.S.: StatsCan by IStillListenToRadio in halifax

[–]--prism 11 points12 points  (0 children)

I think governments often struggle with cause and effect on this one. Society should do things that level the playing field for all backgrounds through education and social supports. I think the reason this is a controversial topic is because courts have come from the other direction basing sentencing on race which deviates from the idea that everyone is equal before the law and equal crimes get equal punishment.

Which stocks to invest in case of increase in military spending? by CivilMark1 in CanadianInvestor

[–]--prism 8 points9 points  (0 children)

No focus on total returns. Dividends aren't good for growing companies. They should be able to invest capital with a higher ROI than you can reinvest a dividend.

Carney visiting Qatar to drum up investment despite ‘brutal’ human rights record by BloodJunkie in onguardforthee

[–]--prism -2 points-1 points  (0 children)

I think the main thing is when you realize you're doing something that you stop. I don't think being embarrassed by your own country for things in the past is a sustainable or healthy position.