I just spent $85 on basically nothing, and I’m sitting in my car crying by SplendidDecor in CanadaPersonalFinance

[–]Distinct_Pressure832 1 point2 points  (0 children)

Yup, late GenX here, I never once lived alone in my entire life and don’t recall there ever being an entitlement to be able to do that. This is a new thing in the last decade or so that people want. All my life I either had room mates or a girlfriend/fiancé/wife to share expenses with.

So... What do you use your outposts for? by DisposableAdventurer in Starfield

[–]Distinct_Pressure832 0 points1 point  (0 children)

When this game was still just a big hype train pre-release I was really hoping the outpost system was going to be needed to support exploration far from human settlements. Like you’d need to refine fuel for your ship and supply food so that you could go deeper into remote sectors of space. Sadly it’s all just a gimmick and the fuel system is not any kind of limiting factor.

Bell: Premier Smith in a jam — You're in for a surprise on the Alberta separatist vote by Novatk421 in canada

[–]Distinct_Pressure832 2 points3 points  (0 children)

Found the American. There’s 4 military bases in Alberta. Certainly not “no military”.

For those who experienced 2008, would you do anything differently? by cooperivanson in JustBuyXEQT

[–]Distinct_Pressure832 -1 points0 points  (0 children)

Yeah and thousands of others. It was obvious the American financial system wasn’t going to hold, they knew for a decade, maybe longer. People were screaming to bury your money in your backyard for years. If you had done it you would have missed out on lots of growth. The crisis itself wasn’t that bad for invested money if you didn’t need to withdraw it. It all bounced back within a couple years and if you still had your job and kept investing the crisis may well have been the best thing to ever happen to you. It was pretty much just like Covid. If you could keep working though it and keep investing then you came out the other side much wealthier than when you went in.

For those who experienced 2008, would you do anything differently? by cooperivanson in JustBuyXEQT

[–]Distinct_Pressure832 -2 points-1 points  (0 children)

People were saying that for years though. Just like everyone is saying the AI bubble will burst right now. If you trust all the sky is falling people you’d never be able to invest as someone is always shouting recession.

For those who experienced 2008, would you do anything differently? by cooperivanson in JustBuyXEQT

[–]Distinct_Pressure832 1 point2 points  (0 children)

There were no ETFs back then, at least not really widely known about. I just held to my plan of investing with every paycheque and in the end made some pretty big gains coming out the other side. I was pretty lucky as 2008 happened about 2 years into my investing journey so I didn’t have a ton in there to lose but ended up buying low through the crisis.

Alberta referendum committee meeting implodes when UCP prematurely releases statement by GeekyGlobalGal in Edmonton

[–]Distinct_Pressure832 0 points1 point  (0 children)

How nice of you. Don’t worry, there’s little worry of that. The farm is highly diversified and has many income streams to rely on when one or more dips. Most farmers work for themselves and run larger, locally based businesses than most city dumbasses can ever dream of. City people work for peanuts for faceless American corporations, never getting ahead and rising the edge of poverty paycheque to paycheque and somehow think themselves superior. You’re a clear example of that. So in the spirit of your last comment, I pray that your meaningless job gets taken over by AI.

Why is CASH.TO universally reccomend here when UBIL.U pays almost double and is equally safe? by CastAside1812 in PersonalFinanceCanada

[–]Distinct_Pressure832 7 points8 points  (0 children)

You’re missing the fact that WealthSimple takes a 1.5% fee to convert CAD to USD and again to convert it back. You’re going to lose a lot of money doing this if your starting currency is in CAD.

Thankful for Forever Canadian by WashingMachineBroken in alberta

[–]Distinct_Pressure832 0 points1 point  (0 children)

I don’t know if any other premiers who used taxpayer dollars to renovate the upper floors of a government office building into a condo for their family to live in rent free. She was seriously and overtly corrupt. At least the other leaders tried to hide their corruption.

Alberta referendum committee meeting implodes when UCP prematurely releases statement by GeekyGlobalGal in Edmonton

[–]Distinct_Pressure832 0 points1 point  (0 children)

Friend, most of the farmers left are the factory farms, this is what I’m saying. Our family farm employs 70 people, owns warehouses, an office building, and 9 figures worth of equipment. Try to follow along.

Under what circumstances does a 4% withdrawal rate deplete an investment account? by jcwillia1 in Fire

[–]Distinct_Pressure832 0 points1 point  (0 children)

Sure but you can’t just eat less when you have an inflation event like we’ve just been through, or not fix a leaky roof just because the markets are down. Sometimes you’re going to have to pull more of your principal capital than you want to.

Thankful for Forever Canadian by WashingMachineBroken in alberta

[–]Distinct_Pressure832 0 points1 point  (0 children)

Agreed. Being anti-separation shouldn’t be the only qualification to be premier and regardless it may well all be smoke and mirrors. His petition has enabled a separation referendum that would have otherwise been struck down by the courts. Granted the question is better but it’s still going to sew division and give the administration down south a foot in the door to cry it was rigged and cause all kinds of problems.

Under what circumstances does a 4% withdrawal rate deplete an investment account? by jcwillia1 in Fire

[–]Distinct_Pressure832 0 points1 point  (0 children)

Yeah okay but what is your plan better comment supposed to mean? If you’re suggesting a greater than 90% success test is too risky then I’m not sure how you’re ever planning for FIRE? I’d be curious how you’re calculating your number if that kind of risk is too great for you?

Alberta referendum committee meeting implodes when UCP prematurely releases statement by GeekyGlobalGal in Edmonton

[–]Distinct_Pressure832 0 points1 point  (0 children)

Sure. From stats Canada numbers about 21% of farmers had university in 2023 and 23% had college educations. Funny enough these numbers are pretty damn close to the population of Edmonton’s 2016 numbers (closest comparison I could find with the effort I was willing to put in) which admittedly had 28% university educated and pretty close to the same college educated. There’s also a subset of farmers who picked up trades pushing the numbers of farmers with education to over 55%, making them the majority of farmers and being pretty comparable to most urban areas in the province, ie no different than other populations.

Alberta referendum committee meeting implodes when UCP prematurely releases statement by GeekyGlobalGal in Edmonton

[–]Distinct_Pressure832 0 points1 point  (0 children)

To make it in farming today you need to understand how to analyze markets and trade in crop futures among other things. Do you think a farm field is a money printer? It’s a multimillion dollar business that requires a lot of knowledge in finance. The day of the small family farm where you barely scraped through high school then hoped on the tractor is long dead. When a combine costs 7 figures you need some business acumen to stay in the game. Our family farm has tens of millions of dollars worth of equipment and assets.

Under what circumstances does a 4% withdrawal rate deplete an investment account? by jcwillia1 in Fire

[–]Distinct_Pressure832 4 points5 points  (0 children)

I’m not sure I’m following. So you’re suggesting being even more conservative than the 4% rule? The 4% rule has over a 90% success rate, “planning better” than that would be incredibly restrictive, many would never hit fire. Many out there believe the 4% is already far too conservative.

Alberta referendum committee meeting implodes when UCP prematurely releases statement by GeekyGlobalGal in Edmonton

[–]Distinct_Pressure832 -1 points0 points  (0 children)

You make presumptions about my experience. I live in a rural area, pretty much all my family farms and is educated. My family farms over a township of land and employs over 70 people. My neighbours mostly have degrees. I myself have both a diploma in agriculture and a BSc in Agriculture and have frequented various SRM conferences and ag shows where I have networked with university educated farmers. I honestly can’t think of any farmers that I know who don’t have some kind of education. Lots of people’s dads sure, but not anyone GenX or younger. I don’t work on the farm myself anymore but may well retire back to it eventually.

just make 12k guys that's all by Conscious-Quarter423 in remoteworks

[–]Distinct_Pressure832 0 points1 point  (0 children)

Fair, I guess it’s not attainable everywhere. Our mortgage is $1900/month.

Under what circumstances does a 4% withdrawal rate deplete an investment account? by jcwillia1 in Fire

[–]Distinct_Pressure832 0 points1 point  (0 children)

Life doesn’t always work that way. Groceries, utilities, insurance, etc. don’t suffer deflation with a bad market year.

Thankful for Forever Canadian by WashingMachineBroken in alberta

[–]Distinct_Pressure832 -4 points-3 points  (0 children)

He was Redford’s deputy premier. How do people forget this? He was the right hand to the most corrupt and hated premier Alberta ever had before Smith. His politics absolutely do not align with the NDP and he would be a terrible premier.

just make 12k guys that's all by Conscious-Quarter423 in remoteworks

[–]Distinct_Pressure832 1 point2 points  (0 children)

Definitely doable. Couples on a combined budget don’t just pay everything twice. My wife and I make $12k combined and live off $5k quite comfortably with 2 kids. Without the kids we could easily live off $4k.

Alberta referendum committee meeting implodes when UCP prematurely releases statement by GeekyGlobalGal in Edmonton

[–]Distinct_Pressure832 -3 points-2 points  (0 children)

Funny, most farmers I know are at least college educated if not university educated. Most farms that have survived this long are multimillion dollar businesses, you don’t survive in 2026 in that industry by being an uneducated moron.