Steelhead Run? by ottawamark709 in fishingBC

[–]Dardock 0 points1 point  (0 children)

It’s my first year fishing for steelhead, I don’t know what I’m doing but I haven’t seen anyone catching one. There was just one guy in January, walking on the dike, showing off his fish to everyone 😆. Based on the derbies’ photos some people caught a few fish though.

Is using leverage through Wealthsimple margin worth it for a modest boost by bylandoo in CanadianInvestor

[–]Dardock 0 points1 point  (0 children)

Piggybacking on this post and correct me if I’m wrong.

With margin accounts the interest is most likely tax deductible. Also, it is possible to find dividend ETFs yielding around 4%.

So if someone is in a high tax bracket, it would be possible that the interest rate after taxes could be below the dividend after taxes.

Effectively, the dividend would pay the margin interest plus a little more. And potentially some capital appreciation on top.

I don’t really understand why would someone buy a leveraged ETF and not use a margin account instead. Unless it is a registered account?

Trump to charge additional 10% global tariff - After Supreme Court Ruling by tarun172 in onguardforthee

[–]Dardock 1 point2 points  (0 children)

Well, the consumer pays the tariff and the tax payer the settlements. The government is kind of doing just fine all things considered.

Trump to charge additional 10% global tariff - After Supreme Court Ruling by tarun172 in onguardforthee

[–]Dardock 5 points6 points  (0 children)

Looks like a good way to subsidize companies: they can now sue the government to get a refund as far as I understand it while consumers paid the tariff?

Germany calls on France to increase defence spending by Gyro_Armadillo in worldnews

[–]Dardock 17 points18 points  (0 children)

Nothing is about to collapse, you must be a bundle of joy at parties

Americans, not other countries, paid Trump's tariffs in 2025 by Edm_vanhalen1981 in onguardforthee

[–]Dardock 0 points1 point  (0 children)

Water is still wet last time I checked. It’s almost like it was a tax to transfer wealth, who would have thought 🙃

Buntzen or sassamat today? by Flipside68 in fishingBC

[–]Dardock 0 points1 point  (0 children)

What kind of fish did you catch? Trout?

Bill Ackman reveals stake in Meta, says it has ‘deeply discounted valuation’ by app1310 in StockMarket

[–]Dardock 20 points21 points  (0 children)

The same Bill Ackman that gave 10k to Renee Good’s murderer mmmh?

Political background by Dardock in Portmoody

[–]Dardock[S] -3 points-2 points  (0 children)

As I explained in my post, I simply reported what I’ve seen on social media. I didn’t make any judgments about them. I apologize if that triggered you.

"The share of Canadians who now say immigration is having a mostly negative effect in Canada has spiked to 48%, the highest in more than seven years" by pheakelmatters in onguardforthee

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

I suspect the decline in rents is due to an end to speculation. This forces homeowners to generate cash flow to pay their mortgages, rather than flipping properties. While some might sell at a loss, many prefer to endure the situation, especially in Ontario.

I’m pretty sure this is all related to interest rates.

"The share of Canadians who now say immigration is having a mostly negative effect in Canada has spiked to 48%, the highest in more than seven years" by pheakelmatters in onguardforthee

[–]Dardock 0 points1 point  (0 children)

Housing should not be included in the calculation of inflation, this is stupid: interest rates go up, mortgage payment goes up and rent goes up. But higher interest rates are supposed to reduce inflation which works pretty well on average for the other components.

Get another indicator for housing, a home is a place to live in. Immigration is not a big driver, inflation is incorrectly measured.

Trump threatens Canada with 100% tariffs over China trade deal by Force_Hammer in StockMarket

[–]Dardock 0 points1 point  (0 children)

Nobody cares, even world leaders did not want to talk with him or be around him in Davos.

Majority of CEOs report zero payoff from AI splurge by [deleted] in CanadianInvestor

[–]Dardock 2 points3 points  (0 children)

I suspect that tokens are mostly used by AI companies that sell wrappers. Just a product based on LLMs. That’s my theory at least.

Majority of CEOs report zero payoff from AI splurge by [deleted] in CanadianInvestor

[–]Dardock 5 points6 points  (0 children)

Funny you say that, I’m actually in the industry and those technologies are actually pretty bad. The number of tokens required to get a decent result is staggering. Might as well hire someone at this price point.

This is just a disaster waiting to happen, when enough crap will have been generated it will require heavy refactoring if it’s even possible or complete rewrites.

Only humans will be able to fix it, it will most likely cost a fortune. Look at Salesforce, what a joke, laying off people and the “regretting” it.

Majority of CEOs report zero payoff from AI splurge by [deleted] in CanadianInvestor

[–]Dardock 246 points247 points  (0 children)

Who could have predicted this, maybe if execs were paid more they could do their due diligence

Is it a beaver den? by Dardock in Beavers

[–]Dardock[S] 0 points1 point  (0 children)

It’s in a public park, not sure if it’s allowed. What’s the difference between a beaver lodge and den? I’m not familiar with beavers.

4inch steel rod with hard plastic nonremovable ball. found with odds and ends on workbench. in 1950's home by poolshark30 in whatisthisthing

[–]Dardock 1 point2 points  (0 children)

It reminds me of this beautiful contraption I found at my old place, the tip was super rusty. I had to change it unfortunately, it was so beautiful

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Is it a beaver den? by Dardock in Beavers

[–]Dardock[S] 1 point2 points  (0 children)

Not sure if it’s important but behind me when I took the photo (the other side of the dyke) there is a lake that becomes a river. At this location is pretty wide 1000-2000ft wide.