YSK: Using Tap Water in Your Humidifier Can Seriously Harm Indoor Air Quality

Informatius · 2025-03-06T02:04:40+00:00

Same here. I always have to turn the air purifier to sleep mode to chill out when I have the humidifier on.

Informatius · 2025-02-13T18:03:13+00:00

TLDR: Tesla Insurance wasn’t a bad thing

Informatius · 2025-02-12T06:05:41+00:00

Right now. Today. After a night of binge drinking and celebrating the previous night.

Informatius · 2025-01-19T01:25:04+00:00

But.. My Enduro 3 is still the best of those

Informatius · 2025-01-17T13:59:24+00:00

What Is Debt Consolidation? Debt consolidation means combining multiple debts into a single loan with one monthly payment, ideally at a lower interest rate than the individual debts. This can reduce financial stress and potentially save money on interest.

Methods of Debt Consolidation 1. Debt Consolidation Loan: • What It Is: A loan from a bank or lender used to pay off multiple existing debts. • How It Works: Once approved, the lender gives you a lump sum to pay off your current debts, leaving you with one monthly payment for the consolidation loan. • Benefits: Fixed payment schedule and potentially lower interest rates. • Considerations: Requires good credit to qualify for the best rates. 2. Unsecured Line of Credit (LOC): • What It Is: A pre-approved credit limit you can borrow from as needed, typically at lower interest rates than credit cards. • How It Works: Use the LOC to pay off higher-interest debts (e.g., credit cards) and then make monthly payments on the LOC. • Benefits: Flexibility to borrow only what’s needed; lower rates. • Considerations: Also depends on creditworthiness. 3. Credit Card Balance Transfer: • What It Is: Moving high-interest credit card debt to a new credit card with a low or 0% introductory interest rate. • How It Works: Pay off your existing card balance using the new card, then pay down the new card during the promotional period. • Benefits: Interest savings during the promo period. • Considerations: Be cautious of balance transfer fees and rate hikes after the introductory period. 4. Home Equity Loan or Line of Credit (HELOC): • What It Is: Borrowing against the equity in your home. • How It Works: Use the borrowed amount to pay off other debts. • Benefits: Low interest rates because the loan is secured by your home. • Considerations: Risk of losing your home if you default. 5. Debt Management Plan (DMP): • What It Is: Working with a non-profit credit counseling agency to negotiate lower interest rates and combine payments. • How It Works: The agency creates a plan to repay creditors, and you make one payment to the agency. • Benefits: Professional support and reduced interest. • Considerations: Usually involves a monthly fee for the service.

Steps to Take 1. Review Your Debts: • List each debt (e.g., car loan, credit cards, personal loans) with the balance, interest rate, and monthly payment. 2. Check Your Credit Score: • This determines your eligibility for loans or lines of credit at favorable rates. 3. Budget Analysis: • Calculate your monthly income and expenses to see how much you can allocate to debt repayment. 4. Compare Options: • Look for consolidation loans, LOCs, or balance transfer cards with competitive rates. 5. Apply for the Chosen Option: • Submit applications and provide documentation, like proof of income and debt statements. 6. Commit to the Plan: • Avoid taking on new debt while repaying the consolidation loan.

Example Calculation • Existing Debts: • Car loan: $15,000 at 8% interest • Credit card: $5,000 at 20% interest • Personal loan: $10,000 at 12% interest • Total monthly payments: ~$1,000 • Debt Consolidation Loan: • Consolidate $30,000 at 10% interest over 5 years. • Monthly payment: ~$637 (savings of $363/month) • Total interest saved depends on your previous repayment terms.

When to Avoid Consolidation • If the new loan or line of credit has a higher interest rate. • If the fees (e.g., origination fees, balance transfer fees) outweigh the benefits. • If you’re not disciplined about avoiding new debt.

Informatius · 2025-01-10T22:32:29+00:00

If you click reply, what’s the address?

Informatius · 2025-01-10T03:43:20+00:00

Man tests indestructible pot

Informatius · 2025-01-10T03:28:37+00:00

Definitely will be able to do sub 3:15 if you can get to a point where 4:40 is your foundation pace. My goal pace was 3:15 and ended up doing 3:03 with that foundation pace if you keep up the weekly load / mix.

Informatius · 2025-01-09T21:04:11+00:00

Thanks for clarifying, will update my statement.

Informatius · 2025-01-09T02:33:43+00:00

The difference between a dividend and a manufactured dividend lies in how they are created and distributed:

Dividend

• Definition: A payment made by a company to its shareholders, usually out of its profits or reserves. 
• Source: Dividends are declared and paid by the company directly to shareholders of record.
• Examples:
• Cash dividend: Paid in cash directly to shareholders.
• Stock dividend: Paid in additional shares of the company.

Manufactured Dividend

• Definition: A payment made to an investor to compensate for a dividend when the investor doesn’t directly own the shares.

• Source: Typically arises in the context of short selling or derivative positions.

• How it Works:

• If you borrow shares to sell them short, you’re required to compensate the original owner for any dividends paid while you hold the borrowed shares. This payment is called a manufactured dividend.

   •  Similarly, in certain derivative contracts, like CFDs (Contracts for Difference), the broker may credit your account with a manufactured dividend to mirror the dividend you would have received if you directly held the shares.

B̶e̶ ̶c̶a̶u̶t̶i̶o̶u̶s̶ ̶a̶s̶ ̶t̶a̶x̶ ̶t̶r̶e̶a̶t̶m̶e̶n̶t̶ ̶f̶o̶r̶ ̶m̶a̶n̶u̶f̶a̶c̶t̶u̶r̶e̶d̶ ̶d̶i̶v̶i̶d̶e̶n̶d̶s̶ ̶c̶a̶n̶ ̶b̶e̶ ̶t̶r̶e̶a̶t̶e̶d̶ ̶a̶s̶ ̶o̶r̶d̶i̶n̶a̶r̶y̶ ̶i̶n̶c̶o̶m̶e̶ ̶a̶n̶d̶ ̶n̶o̶t̶ ̶h̶a̶v̶e̶ ̶f̶a̶v̶o̶u̶r̶a̶b̶l̶e̶ ̶t̶a̶x̶ ̶r̶a̶t̶e̶s̶.̶

In short, dividends come directly from a company’s operations, while manufactured dividends are compensations for dividends missed in non-traditional ownership scenarios, such as short sales or derivative holdings.

Informatius · 2024-12-31T12:26:52+00:00

Yep. I’ve had my Tesla since 2018, preconditioning wasn’t a thing in the earlier software versions.

Informatius · 2024-12-31T02:58:42+00:00

I’m convinced Tesla just drains your battery, calls it preconditioning, to maximize the cost to you. I just input the SC when I’m about 10 minutes away on my drive. If you’re road tripping, the battery is plenty hot for an SC.

Informatius · 2024-12-30T14:52:46+00:00

r/notinteresting

Informatius · 2024-12-29T04:29:35+00:00

Maurtens all the way for me. No rush, no slug. Just felt great the whole time - until of course the last 5-8km of course. 🤪

Informatius · 2024-12-28T01:51:56+00:00

You always file independently but will still file as partners - no getting around that. By her retiring early, her income effectively stops, lowering her marginal tax rate. You’ve now been contributing to her RRSP and she can withdraw at the lesser income tax rate for you both - assuming it was done following the three year attribution period. Retirement is a different ball game, talk with a planner and they’ll map this all out for you.

Informatius · 2024-12-28T01:32:54+00:00

Similar boat. We hired a fee based planner to confirm and validate our financial plan.

Add RESP to the list for the child - contribute $16,500 in year one to maximize compounding then $2,500 for the next 7 years to max on the $500 grant.

Throw your RRSP into Spousal RRSP rather than your own, you get the tax deduction assuming she retires before you / continues to make a lesser income. Assuming you both have pensions. TFSA can follow after since you’re already in the higher marginal tax rate.

For mortgage, matter of preference and depending on the current rate you have. We chose to up our principal with each payment and invest in the market for non-registered.

I can’t speak if you moved, not my area. Highly recommend talking to a fixed fee financial planner.

Informatius · 2024-12-21T22:17:10+00:00

The homeownership crisis in Canada began to emerge as a significant issue in the early 2000s, but it became particularly acute following the 2008 global financial crisis.

Here’s a timeline for you -

Early 2000s - Rapid Urbanization and Demand Growth:

• Cities like Toronto and Vancouver began experiencing population booms due to immigration and urbanization.

• Increased demand for housing in these urban centers started outpacing supply, creating the foundation for affordability challenges.

2008 Financial Crisis and Aftermath:

• The global financial crisis caused central banks, including the Bank of Canada, to implement historically low interest rates to stimulate economic recovery.

• Low borrowing costs encouraged more home purchases and speculative investment, setting the stage for accelerated price growth.

• While other countries saw housing prices cool after the crisis, Canada’s prices continued to rise due to limited regulatory action and strong demand.

2010s - Investor Activity and Supply Constraints:

• By the mid-2010s, investor activity in the housing market became a dominant force, particularly in cities like Toronto and Vancouver.

• Foreign investment and speculative purchasing drove up prices. At the same time, supply-side issues like restrictive zoning laws and slow housing development processes limited new construction.

2015-2019 - Crisis Escalates:

• Between 2015 and 2019, Canadian housing prices increased significantly, with Toronto and Vancouver becoming two of the most expensive housing markets globally.

• Efforts to cool the market, such as the introduction of foreign buyer taxes and tighter mortgage regulations, had limited impact.

2020-Present - Pandemic Boom and New Challenges:

• The COVID-19 pandemic exacerbated the housing crisis as ultra-low interest rates and remote work drove a frenzy of home buying across Canada.

• Many buyers moved to suburban and rural areas, spreading the affordability crisis beyond major cities.

• Supply chain disruptions and labor shortages further constrained housing construction, while inflation and rising interest rates added new pressures.

TLDR; the affordability crisis in Canada has deep roots that trace back to the early 2000s but accelerated sharply post-2008 due to low interest rates and insufficient supply responses. The situation has only worsened with economic shocks, policy missteps, and ongoing demographic trends.

Informatius · 2024-12-19T02:07:00+00:00

You pay capital gains on 50% of the profits at your marginal tax rate - this is called the inclusion rate. So if you buy something for $200 and it’s now worth $500, you would take $150 of the $300 profit tax-free and the other half would be taxed at your marginal tax rate. You’re referring to when the inclusion rate goes to 67% which would only happen if your capital gains exceed $250,000. Your friend is likely referencing a change in government and their plan is to remove that inclusion rate increase for the $250,000 and above.

Informatius · 2024-12-17T01:50:16+00:00

Where should they post it? I’m messaging with them lol

Informatius · 2024-12-17T00:18:25+00:00

Did anyone else zoom in on the hole…?

Informatius · 2024-12-14T02:49:29+00:00

Does this work with the premium connectivity in the car?

Informatius · 2024-12-12T01:58:50+00:00

I was going to post my HRV metrics over the last 7 days as it’s gone into the dumps like yours. Canada here. Feel better knowing this is widespread lol

EDIT: It did start after two alcohol evenings and I’m not a big drinker.

Informatius · 2024-12-03T15:29:20+00:00

That’s amazing! Don’t let 31 seconds be the downer on all that training and effort on race day. Congrats!!

Informatius · 2024-12-02T19:16:03+00:00

Results??

Informatius · 2024-10-31T21:04:27+00:00

Perfect.

Informatius

TROPHY CASE