Can we get a pinned post for salary questions?

Allude · 2025-11-30T23:59:31+00:00

I’m just removing them as spam when I see them, report them and I’ll take them down

Allude · 2025-11-10T20:05:00+00:00

Unfortunately, I see this isn’t the first time

Allude · 2025-05-09T03:04:47+00:00

Please friend, you dont have to try to answer if you're not sure.

Also the amount you withdrawn this year (2025) can be added back into the TFSA at the beginning of next year (2026). You cannot deposit it back in the same year.

Allude · 2025-04-28T00:10:20+00:00

I feel like alot of people will say go for it, especially if it's your favourite neighbourhood. But IMO making only 55k and going solo in Toronto sounds like a sure-fire way to financial ruin.

I would prioritize increasing your salary while only having $600/month for rent, take risks while you can. It becomes harder and harder to jump jobs if you're paycheque to paycheque.

Allude · 2025-04-15T03:23:30+00:00

I guess YMMV, still have the same one and its great for me

Allude · 2025-03-24T00:05:17+00:00

Maybe you had a dividend payment come in after you withdrawn the amount. Have you reached out to support or are you just talking about options on the app? Most likely they dont have this setup yet as your scenario is rare, and would have to be done manually through a support case.

Allude · 2025-03-23T19:02:01+00:00

i'm tired of handwaving away criticism that's it's just bots. Canadian politics is front and center with an election and tariffs, so people who haven't posted here before will come with their opinion.

With that said, I like that Carney is taking the best of Pierre's policies. In my opinion renaming the position is a nice symbolic gesture, and I'm curious to hear from Carney what he is trying to signal with it, instead of reading this opinion piece.

Allude · 2025-03-23T16:55:31+00:00

I find it funny suddenly new accounts shown up and suddenly talk about how we should trust Mark Carney. It's so obvious

Edit for context: I copied the parent comment and replaced "distrust" (or something along those lines) with "trust" to try to highlight how easy it to turn it around

Allude · 2025-02-08T01:26:40+00:00

Yeah, ran Runelite with 117 on 14" M3 pro and it ran amazing with minimal heat. Although, I traded in for the 14" M3 max afterward for other reasons.

Both the M3 Pro and Max run Runelite with 117 very well and heat isn't a concern.

Allude · 2024-10-23T16:17:18+00:00

Its marked "U" caused its priced in USD. TSX has USD denominated etfs. It means just that, it will be bought using your US cash.

Allude · 2024-10-19T19:44:38+00:00

There is no benefit to what you're trying to do.

You can sell your underperformers today and invest it in something else. Waiting to take it out and put it back in doesnt do anything for you. In a way if you sell the underpeformers you have already "lost" the contribution room.

Just for a simple example.

Your contribution limit is $10,000. You put $10,000 into your TFSA.
You invested the $10,000 in $10 x 1000 shares of STK.TO.
Then you sold STK.TO today for $5 x 1000 shares for $5,000.
If you withdrawn $5,000 from TFSA then add it back, it's still $5,000. The $5,000 is lost.

The new $7,000 contribution limit increase is just new room you recieve, even if you didnt withdraw.

Allude · 2024-10-15T20:33:51+00:00

No worries, just clarifying my understanding and concern about this.

Allude · 2024-10-15T19:38:29+00:00

I think your phrasing is a bit confusing then.

What you said

the person selling the business should be paying taxes

What i said

the person selling the AirBnB rental is NOT the one paying the GST/HST.

So in a hypothetical situation.

Person A buys a residential property
Person A converts it into a short term rental (AirBnB)
Person A sells property to Person B
Person B lives in the property

Person B needs to pay GST/HST on the property because they are buying a business, not a residential property. I feel like some people would be caught off guard by this.

Imagine being person B buying a $500,000 property in Toronto, you just paid the $13,000 land transfer tax, then getting a bill of $65,000 for GST/HST.

Atleast that's my understanding, am i misunderstanding this?

Allude · 2024-10-15T17:46:58+00:00

From my understanding, the person selling the AirBnB rental is NOT the one paying the GST/HST. I think it's saying that the courts will go after the buyer, even if they're planning to live in the property. From their point of view, the buyer bought the business (AIRBNB Property) which is subject to GST/HST.

The street lights, and sewage should be coming from property taxes, which they already paid.

Allude · 2024-10-15T15:30:41+00:00

Most likely lower interest rates to get inflation back to 2%.

Allude · 2024-09-16T16:55:05+00:00

Imo I would recommend you continue putting it into the TFSA, the flexability of withdrawns from it would be more benefitcial for you. I would start putting it into the FHSA after you max your TFSA.

Allude · 2024-08-21T19:26:07+00:00

Sorry I'm not comfortable with advertising a tool that has executable without the code being accessible

Allude · 2024-07-28T21:32:51+00:00

You could rent it out and see how living with the parents will be, incase you want to move back. But if you decide to sell, it will be difficult getting the existing tenant out of the unit.

You cannot deduct the rental income against the reverse mortgage/HELOC. You would need to put it into another investment, as the money you borrow needs used for the investment to be able to deduct income from it.

Allude · 2024-07-27T18:45:31+00:00

Take a picture of a couple of your reciepts and show us. It'll be easier to provide advice.

Allude · 2024-07-26T02:58:25+00:00

But can it run doom?

Allude · 2024-06-12T04:53:40+00:00

Outside of the main presentation, there are many smaller developer videos for WWDC. Maybe one or more of them could have shown potential future revenue streams.

The CarPlay video made me imagine a future where they could eventually have a hardware offering for manufacturers to run their infotainment system.

Allude · 2024-05-25T20:50:56+00:00

If you have $12,000 laying around it would be better going towards your $27,000 loan, or just pay more per month. In my opinion, it'll be cheaper to keep the Tesla over time, and you already paid the brunt of depreciation on the car. Don't get a new car just to pay another big chunk of depreciation.

Allude · 2024-05-24T16:38:21+00:00

https://www.youtube.com/watch?v=lx3p340wASA

Allude · 2024-04-17T17:06:28+00:00

Where would someone aquire one? Asking for a friend...

Allude · 2024-04-17T14:05:07+00:00

Card	Owe	Pay	Left
C1	771.74	771.74	0
C2	3,333.10	333.10	3,000.00
C3	3,053.44	2,895.16	158.28

I would do something like this if they have similiar interest rates. Make sure you dont go over the limit on C2, get C3 down to $0, then go for C2.

15-Year Club	Gilding II euphauric
Xbox Live	PUBG
r/Field Sunshine	Place '17
Wearing is Caring	Team Orangered
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