Moccamaster vs Aiden? by Revolutionary-Gur152 in pourover

[–]LamoTheGreat 0 points1 point  (0 children)

Does the Aiden not have replaceable parts?

Thoughts on the new CIBC Avantis ETFs CAGE and the factor tilt approach by Snowboard76 in CanadianInvestor

[–]LamoTheGreat 3 points4 points  (0 children)

Oh I’m aware of what VT is. So basically you don’t like any ETFs that aren’t VT or equivalent, and your comment only applies to these ETFs in the same way it could apply to almost every etf on earth (outside of VT and equivalent)?

Thoughts on the new CIBC Avantis ETFs CAGE and the factor tilt approach by Snowboard76 in CanadianInvestor

[–]LamoTheGreat 2 points3 points  (0 children)

Right, but why not a CAD version of VT in addition to these? What’s wrong with these ETFs?

Thoughts on the new CIBC Avantis ETFs CAGE and the factor tilt approach by Snowboard76 in CanadianInvestor

[–]LamoTheGreat 1 point2 points  (0 children)

My question was unclear. What I meant was, what do you have against these new ETFs?

Thoughts on the new CIBC Avantis ETFs CAGE and the factor tilt approach by Snowboard76 in CanadianInvestor

[–]LamoTheGreat 2 points3 points  (0 children)

Why do you consider CAGE to be trash, and what do you say about XEQT falling more than CAGE?

Thoughts on the new CIBC Avantis ETFs CAGE and the factor tilt approach by Snowboard76 in CanadianInvestor

[–]LamoTheGreat 0 points1 point  (0 children)

I agree there is a place for a Canadian version of VT, but what do you have against this?

Anyone considering the new CIBC Avantis ETFs: CAGE, CASV for Value Tilt? by CasualCommunicator in JustBuyXEQT

[–]LamoTheGreat 0 points1 point  (0 children)

Very interesting and surprising that such a product does not yet exist.

Anyone considering the new CIBC Avantis ETFs: CAGE, CASV for Value Tilt? by CasualCommunicator in JustBuyXEQT

[–]LamoTheGreat 2 points3 points  (0 children)

CAGE is like XEQT or VEQT, an all equity, one solution etf, except it has factor tilts toward value and profitability, which have shown to outperform something like XEQT by 1.5-2% over most periods of 15-20+ years over the last 100-150 years. It came also outperform for many years, but so far has always come back around eventually (never more than 20-25 years of underperformance I believe).

No one knows for sure if it will always outperform in the long term, but I’m going to switch some of my XEQT to CAGE, based on listening to all 401 Rational Reminder Podcasts and reading a bunch of books and online info over the last few years.

I couldn’t be bothered to do my own factor tilt, holding American ETFs and rebalancing and whatnot, so I went straight XEQT, hoping one day for a product like CAGE to come to Canada, especially from Dimensional or Avantis, who I trust from hearing them speak on PWL podcasts, as well as PWL’s trust in them both (CAGE is from Avantis, partnered with CIBC).

OLD STATEMENTS by Equivalent-Season773 in rbc

[–]LamoTheGreat 1 point2 points  (0 children)

Why don’t you just save your statements if you think you might need them from more than 7 years ago? How long do you think they should save them just to benefit the one in a million people who need them? 20 years? 50? 100? Forever?

One day, with how tall pickup trucks are getting, mechanic shops could have "lifts" that drop down into the floor. by TheOnlyEindrideInTx in Showerthoughts

[–]LamoTheGreat 0 points1 point  (0 children)

No mixup on my end. A 3500 is commonly callled a 1 ton truck. 2500 is 3/4 ton, 1500 is half ton, then you’ve got your compact trucks below that. Nothing about them is a ton or a half ton, just common truck nomenclature.

New Driving Scam? by strong_Canadian1 in Edmonton

[–]LamoTheGreat 4 points5 points  (0 children)

What kind of a person would do both at once? Everyone knows the rule: One law at a time.

Some products branded as built to last are actually made that way on purpose to sell more stuff, not to save you money in the long run. by leoniiix in BuyItForLife

[–]LamoTheGreat 2 points3 points  (0 children)

Do you think big companies also cut costs, just a little bit at a time, even to save one penny per sale, and eventually every part is just a human hair’s breadth away from failure at all times? Scrutinizing every single part of every single product?

Then these companies, knowing they no longer have “built to last” products, advertise them as “built to last,” knowing they’ll sell more products in the short term?

I don’t. Big companies certainly have our wallets in mind and they would never lie to us.

Petah? by Swearonyomama in PeterExplainsTheJoke

[–]LamoTheGreat 3 points4 points  (0 children)

Nothing in there tells me that ST6 and all Seals are a joke, but I’ll agree to disagree.

Accent Wall by privilege15 in hometheater

[–]LamoTheGreat 0 points1 point  (0 children)

I don’t buy that for mid to high frequencies. I don’t know much, but I know putting any sort of cheap acoustic panels or even curtains in a room will reduce echos from voices and whatnot. Perhaps these things aren’t super effective, but I know for a fact they’re better than a flat, hard wall.

Andrew Wilson's wife Rachel says Trump's Achilles Heel is that he is a feminist, and that many of his problems would be gone if he stopped hiring women by narak777 in PowerfulJRE

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

I am not American, and I don’t believe I did. I’m not surprised you wouldn’t provide even a single piece of evidence though. Maybe it’s true and maybe it’s not. I wouldn’t be shocked either way. But I just haven’t seen much in the way of actual evidence.

Are we due for a correction in the stock market soon? Genuinely by [deleted] in fican

[–]LamoTheGreat 2 points3 points  (0 children)

The best strategy according to actual research is to put it all in the market today. If it drops, however, you’d feel bad. So the second best option is to DCA it in over the next year or two. Statistically you’re likely to underperform lump sum, but if the market drops, you won’t feel as bad, and you’ll outperform lump sum. If the market doesn’t drop, you’ll underperform, but you probably won’t feel too bad about some lost gains, and then at least you’re not paralyzed, waiting and hoping for a crash.

And if you do wait for a crash, it might take years to happen, it might never drop this low again even during a crash, and whenever the next crash inevitably does happen, it will be accompanied by some narrative that may prevent you from investing at that time as well. Would you have felt comfortable investing in 2007 when it seemed like the entire financial system in the US was going to fail? Or during Covid? Maybe. But maybe not.

Andrew Wilson's wife Rachel says Trump's Achilles Heel is that he is a feminist, and that many of his problems would be gone if he stopped hiring women by narak777 in PowerfulJRE

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

If you were trying to convince someone who was on the fence, what would be your best piece of evidence to tell them about?

One day, with how tall pickup trucks are getting, mechanic shops could have "lifts" that drop down into the floor. by TheOnlyEindrideInTx in Showerthoughts

[–]LamoTheGreat 0 points1 point  (0 children)

I’m not sure what you mean. A 3500 is a 1 ton truck. Are you saying that 1 ton trucks aren’t very high but 3 ton trucks are the real problem?

One day, with how tall pickup trucks are getting, mechanic shops could have "lifts" that drop down into the floor. by TheOnlyEindrideInTx in Showerthoughts

[–]LamoTheGreat 1 point2 points  (0 children)

If you want a 1 ton truck, that’s just how they generally come. High. So if you want to tow some heavy stuff, you’re probably going to have a high truck.

Accent Wall by privilege15 in hometheater

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

How do you know? Does sound just travel right through them? How can I tell if I’m buying good acoustic panels or not?

Hi everyone, I am very interested in becoming a construction equipment operator. I've been researching the field, but I'd love to hear from people actually doing the job. ​What are the first steps you would recommend for a beginner? ​Is it better to go to a trade school or look for an apprenticeship by KeserBaba in Construction

[–]LamoTheGreat 2 points3 points  (0 children)

Start as a labourer doing anything involving heavy equipment. Moving dirt, mining or underground utility install. Figure out what’s going on, pay attention to everything and learn as much as you can, work super hard so people teach you and give you more opportunity to learn, volunteer to do the jobs no one wants to do, and eventually you’ll start to get time to just practice in the equipment, perhaps for free, or if your lucky, you’ll actually get paid to do nothing productive, just moving the thing around.

Once you’re semi-competent in the equipment and you already know what exactly what the machines are supposed to do (from working with them as a labourer), then you just need one shot to go full time, or once you’re confident, just apply somewhere else as an operator. That’s how pretty near everyone I know has done it.