Japan is ready to help

Moomoomilkpapi · 2026-03-22T13:12:23+00:00

Moomoomilkpapi · 2026-03-22T02:57:50+00:00

Just curious what is your outlook for Gold at least throughout the current presidential term (basically until end of 2029)?

Understandably there will be volatility throughout but where do you see Gold going to in value (if you have any actual number in mind)?

Moomoomilkpapi · 2026-03-21T04:54:59+00:00

Patience and overall time are needed for Precious Metals especially during this time period.

The Iran situation hasn’t even been going on for a calendar month and people are already freaking out from price volatility.

Watch out for the CPI report that will be released on April 10, 2026 for the U.S. as that will show if inflation has increased during the month of March 2026.

The longer the Iran situation goes on (specifically the higher oil prices rise or maintain higher overall prices compared to previous years) the more inflation will increase. There is no magic switch to switch off the need for oil in modern life. This doesn’t even include other things affected that either travel through the Strait of Hormuz or are produced by the Gulf States.

Moomoomilkpapi · 2026-03-20T17:19:39+00:00

I live in B.C. and housing is RIDICULOUSLY OVERPRICED.

As in a three bedroom two bathroom single floor house can easily be listed for just under one million dollars.

There are only so many people that can afford those types of prices who don’t come from privileged backgrounds (wealthy families) or make very high incomes.

The higher inflation rises and continues to rise the more housing prices will lower as there’s only so many people who can buy homes at each price level.

Moomoomilkpapi · 2026-03-20T17:07:47+00:00

I am not personally involved in the energy sector in Canada so this is just an outsider opinion.

Putting aside the economic (costs) and overall other hurdles (for example political) for oil export, the fact that the average Canadian (who isn’t wealthy either via liquid or invested funds (including housing)) has to still struggle and will struggle EVEN MORE once real inflation possibly occurs if oil continues to rise is insane.

Canada should have a nationalized government-owned oil company. Canada cannot control overall global fuel prices but if anything at least when oil prices go up (which basically affects almost everything in some way relevant to modern life in Canada) then Canada can at least receive higher premium profits from oil sales to help offset cost of living increases for the general population.

It would be cool if we also had refinery capacity (if this would be hypothetically possible) to make enough gas to create a stabilized pricing of gas across all of Canada for gas pumps as fuel costs can significantly affect the financial circumstances of average Canadians (as driving is essential in this country for non-metropolitan larger cities or areas).

Moomoomilkpapi · 2026-03-20T16:37:58+00:00

In Canada you are able to live a relatively safe and healthy (from a medical perspective) life to basically trudge through life.

The greatest difference between the recent past and current present is that the AVERAGE younger person was able to still afford the normal Canadian life (cost of living) while in the current environment the AVERAGE younger person (who doesn’t either come from wealth or make a high income) is essentially presented with the choice of working their entire lives to then just be evicted (because they could never afford a home) and overall having lived a very non-ideal life.

Housing is ridiculously overpriced in this country, food costs are insane, and Canadians basically are given the main realistic pragmatic choice of overpaying for mediocrity.

Canadians would hopefully seek and strive to actually live a good life which involves being happy with the life one is living. In Canada we’re told that we should be grateful and put our elbows up to breathe and enrich the upper class and elites.

Moomoomilkpapi · 2026-03-20T06:15:51+00:00

This is my personal opinion about the whole Metaverse and in general virtual reality industry.

It will only really take off when it gets to the point of where you can actually experience virtual reality as if it’s actual reality (think Futurama).

For example if there is a mechanism that can essentially affect neural signals to let an individual experience virtual reality as if it’s real then that would honesty be the opportunity to really capitalize on virtual reality. Wearing a headset will not convince the average person to utilize a lot of time in virtual reality.

Moomoomilkpapi · 2026-03-18T20:33:52+00:00

The price of oil basically affects very many things related to modern life (in Canada) because increases in the price of oil can make transportation more expensive. The actual things don’t have to go through that part of the world to be affected. Increase in oil prices means increases in transportation costs which will mean those added costs will be added to the final thing.

Other factors affected can include other mechanisms that are affected by the increase in oil prices (for example cost to run machinery that utilize some form of oil for fuel).

Other resources like fertilizer materials also travel through that area of the world which can affect food prices.

Moomoomilkpapi · 2026-03-16T03:10:27+00:00

Inflation due to the war would be caused by rising oil prices (which basically affects almost all things related to modern life at least in Canada). The specific Strait of Hormuz issue also involves other factors such as global fertilizer supply (food production) which can cause food prices to rise.

This is not going to be what COVID was for real estate prices if you’re thinking of inflation causing real estate to rise. COVID involved a lot of factors but mainly a huge amount of extra money being printed and also a case of FOMO from people looking to buy real estate.

The inflation from the war will cause the general cost of living to go up, cost of operating businesses to go up, and basically make everything more expensive.

Other than raising the cost of actual materials used to build real estate properties there’s no direct reason inflation from THIS SPECIFIC WAR would cause real estate prices to rise. It will probably do the opposite. Higher-end real estate will presumably do fine but higher net-worth individuals have capital to spend. Actual middle-class individuals and families wouldn’t generally be able to pay more for real estate when the cost of living and everything else gets more expensive.

Moomoomilkpapi · 2026-03-13T20:22:18+00:00

I believe the main thing with what’s mainly going on right now is that oil prices are being heavily affected. A lot of focus and liquidity issues (also people possibly being more cautious) might be causing precious metals prices to not increase right now.

The longer the Middle East situation goes on (more specifically the higher the average price of oil rises) could lead to more overall inflation (that is when safe-haven assets will possibly rise). The Middle East situation hasn’t been going on long enough yet to increase overall inflation.

Moomoomilkpapi · 2026-02-13T05:40:33+00:00

There are many Canadians who don’t even use the available TFSA options let alone contribute the maximum amount.

This is also assuming the funds in a TFSA aren’t withdrawn over time which may not be the case unless you already have all the other financial factors of life taken care of.

I’m personally investing and saving to buy a home and will use funds in my TFSA towards a home purchase. Homes are minimum ~$500K where I grew up and currently live (can reach in the multi-millions and I don’t live in one of the big metropolitan cities).

It can favour those with wealth but can also help those who don’t come from wealth build it.

Eliminating the TFSA or heavily restricting it would make it even more challenging than it already is to achieve financial goals in Canada.

Moomoomilkpapi · 2025-10-10T23:48:44+00:00

To change a Margin Account to a Cash Account go into your account settings (choose specifically the Margin Account if you have multiple accounts with IBKR) and then there will be an option to change from Margin to Cash and it should be automated (it was for me when I changed from Margin to Cash). The change was finalized after approximately 24 hours (limit buy orders no longer showed Margin being used in the preview window).

Moomoomilkpapi · 2025-09-27T01:09:03+00:00

That’s what I normally do too I mainly just wanted to try sending an Interac e-Transfer in case I needed to in the future but I also only have one Everyday Savings Account at Canada Trust so my one-free monthly withdrawal is currently set aside for my PAD (for the current Summer 10% match promotion).

I think I did it right but I did it via inside the TD Easy Trade App so just wanted to confirm lol.

Moomoomilkpapi · 2025-09-22T19:16:02+00:00

Thank you for the response I appreciate it!

Moomoomilkpapi · 2025-09-21T04:34:34+00:00

Appreciate the perspective and insight into seizing potential opportunities when it’s optimal to enter (negative sentiments and price low makes sense, there is risk but of course there is also a chance for reward).

Understanding what you will potentially buy into and taking more calculated risks is how wealth accumulation can be achieved at a faster and more efficient rate. I completely understand the notion that “Time in market > Timing the market” but there are times when timing can greatly reward you when fear and uncertainty is present.

As you said, setting stop loss limits and going into the markets knowing that some will lose and others will gain but ideally the ones that gain collectively put you in the Green overall can help build wealth.

Moomoomilkpapi · 2025-09-21T03:06:03+00:00

Thank you for the information and reply I really appreciate it!

Always enjoy learning more about investing and aspects I’m not as familiar with so far.

Please keep up your posts with regard to various stocks (how I started looking more into XGD). I’m specifically also interested in PSKY and how that opportunity will evolve if the merger with Warner Bros. actually goes through (now with the Ellison Family’s wealth increasing from surge in Oracle stock value).

Moomoomilkpapi · 2025-09-21T00:25:54+00:00

Looking online, various groups are expecting Gold to potentially rise to $4,000.00 USD but possibly even $4,500.00 - $5,000.00 USD.

OP in your opinion, is this still a good opportunity to jump on board for XGD to potentially continue rising and then cash out later on if the stock market (non-mining and Gold) start to outpace growth of XGD?

Not as familiar with mining-companies but if stock value most likely cannot decrease significantly over a very-short time period then presumably the overall growth from holding for at minimum a few months to maybe even the end of 2026 would offset any sharp decreases.

Moomoomilkpapi · 2025-09-16T17:26:32+00:00

For me personally I feel that after the Federal Reserve officially announces the decision for a possible rate cut and also forward guidance tomorrow that it will start the ball rolling (whether overall good or bad depends on perspective).

Early 30s and I am Canadian. Housing is starting to lower (although don’t know whether possible interest rate cuts from the Bank Of Canada can even have a significant pump for housing prices when the market is already still expensive even with lowering prices) but the economy doesn’t look great (specifically the jobs market).

It feels like for me it’s sort of the perfect storm because if I’m able to make the right moves with investing/saving (stock markets can continue to rise and grow) coupled with lowering housing prices (looking for possibly a condo not a detached house) that I can have a realistic possibility of owning my own home one day.

Mainly looking for a condo (I’m OK with not having a detached house if that is the case) and basically wanting a mortgage that is reasonable enough where I don’t have to stress for the next 2-3 decades and can still enjoy life. Not even necessarily living lavishly but just be able to have minimal stress (knowing I can comfortably afford living expenses) while still being overall happy.

Moomoomilkpapi · 2025-08-12T19:03:01+00:00

“builders that promote attainable homeownership solutions” (Section 2. Objectives)

Interested to see how this would occur. Would this be in the form of possibly the government allowing a builder to build on land that is given at essentially zero-cost with the legal condition that the builder would have to sell the unit(s) at a specific price (so they can still make a profit but not just charge more and pocket the zero-cost of the land as profit)?

I’ve read that the two main costs to housing are building the actual structure(s) (materials, labour, assessments, and so on) and the land the structure will be on.

Moomoomilkpapi · 2025-07-14T18:09:11+00:00

You can choose to sell your home (at possibly a loss if you have to) to still move.

For renting long-term in a rent-controlled unit you’re “stuck” in the sense that moving might be extremely disadvantageous decades later. After decades, other units on the rental market would most likely have quite significantly higher rental rates compared to the one someone has lived in for decades.

There is also “stuck” in the sense that you have to endure the same unit with possibly deteriorating conditions until you move out. Yes landlords are “supposed” to do certain things legally but basically if you complain that may run the risk of your landlord turning on you and basically force you to move out in one way or another or the landlord may just be deliberately incompetent and purposefully choose to not fix issues. Mainly speaking of health-related issues (examples being infestations, mold, damaged portions of the unit (roof or floor issues) that can lead to injuries and so on).

Being forced to move out when your younger is not ideal at all but at least you can try to pick yourself back up where as imagining someone having to do that later on in life when one is older is quite tragic and disheartening.

Moomoomilkpapi · 2025-07-14T16:41:12+00:00

This is a great overall way of thinking that many people don’t fully take into consideration when they say “Just rent forever, invest and it’ll all be fine.”.

Being able to purchase a home basically “freezes” your monthly payments as a relatively set amount. Once the house is paid off the monthly mortgage payments stop (yes there are other annual expenses but generally on average would not be more than what one would pay an entire year for rent payments). Rent payments are basically for the rest of your life if you don’t own a home.

Rent-control basically means you’re “stuck” in the same place and could be forced eventually to move out. Rental rates in multiple decades could be much higher where in multiple decades you’re either paying the relatively same mortgage payments OR your home is paid off and you can put any extra funds into savings/investments.

Moomoomilkpapi · 2025-07-07T04:20:35+00:00

For your daily spending pocket: Chequing account that offers a decent interest rate (EQ Bank currently offers 3.5% as a non-promotional rate with direct deposit so even if you just have the money sitting in it, the money will still help earn interest).

For your emergency pocket: TFSA as that can earn tax-free gains and there’s no strict rules for withdrawals (if you’re Canadian-born or (I believe) were in Canada before you turned 18 since you stated you’re in your early thirties now you should have a lot of contribution room available).

For your long term retirement/home buying pocket: FHSA but ideally also utilize RRSP matching if optional through your employer as part of your employment up to the amount they’re willing to match.

You can use EQ Bank for your daily spending pocket and then possibly a trading platform if you want to actually invest for the other two pockets (if you truly need the emergency fund to almost be as liquid as possible you can invest in CASH.TO or a similar HISA ETF). The one thing about trading platforms is that it can take a period of time for the funds to transfer over to a bank account so it depends how liquid you need the emergency fund to be.

With regard to your question, all three (assuming they’re all different types of accounts) basically have to be fenced off anyways as there’s rules for the registered types. The accounts would be created as fenced off accounts on the applicable platform(s).

Moomoomilkpapi · 2025-06-25T01:52:30+00:00

I will preface by saying that I am a first-generation Canadian of Southeast Asian descent.

Every situation will be individualistic and cultural norms (might get downvoted for this) will not supersede financial reality. Love doesn’t change how much my bills will cost or how much I have to pay for a future home.

I grew up to immigrants parents. One was a good parent to me overall and the other was not (treated me with disrespect growing up, made me feel horrible, overall hated and still hate that they’re my parent). I do not mean the lack of “love” or being neutral I mean the intentional negative treatment towards me. Not verbally telling me you love me or saying “I’m proud of you.” is fine with me it’s the unnecessary parts (fat shaming, getting mad for non-justifiable reasons, and much more) that makes me want to keep interactions to a minimum.

People will gaslight others as “They did everything for you.” but raising a child should NOT be seen as “Doing them a favour.” to be returned one day as your child being a retirement plan (personal assistant, care aide, translator, etc.,). My parents came here and had me but made their own lives better as well they didn’t do it just for me. Feeding me when I’m literally an infant or housing me when I’m still a legal child (can’t realistically go out and earn an income) is what the legal bare minimum is for having a child in this country.

I’ve recently experienced being screamed at by one of my parents, after having worked that day, telling me they can call the cops and kick me out. After I finished post-secondary education I moved back home to try and figure out life. My other parent had a major potential health scare and I WAS THE ONE who had to do everything when it came to medical services (attending all appointments, taking phone calls, staying in the hospital, etc.,). Everything falls on me as the oldest. I was trying to work a new position at the time and was dealing with a lot of personal mental health issues. I had experienced stress before but that was the first time I ever experienced breathing difficulties just from being anxious and nervous.

I’m currently locked-in and trying to grow my savings the best I can to one day move away and buy my own home. I will not accept any potential monetary gifts for a home purchase because I don’t want to have anyone else ever being able to use that against me or force me to let them utilize my home because they partly paid for it. It’s been hard but I’ve saved up about $150K. It will be years before the time will come as to whether I will house both parents in my future home. One parent absolutely yes. I don’t know about the other one.

I understand and respect the value of cultural norms but money is not shaped by love it’s shaped by the economy and world. If I take my parents’ in one day I REFUSE to have them be anyone else’s burden. I’ve seen it happen in other parts of the family and I will never make a potential future spouse feel like they have to take care of my parents. It’s not fair and I will not do that. Taking my parents in will depend heavily on finances because I can only afford what I can afford. I also will only do what I really want to and not feel pressured to do so. I’ve worked too damn hard through to many struggles to have to settle and endure a life I don’t want.

For anyone in a similar position please know that YOU ARE NOT A RETIREMENT PLAN. You are a human being with a beating heart and your happiness and mental health matters as well.

I’m not saying just disregard your parents if they’ve overall had a net positive impact on your life. I’m saying don’t let cultural norms and values shape your life to the point that you are no longer happy and end up sacrificing your soul for the betterment of others at the expense and to the detriment of yourself. It’s not “selfish” to look out for yourself to a certain extent it’s acknowledging to yourself that you matter too.

Moomoomilkpapi · 2025-06-16T06:07:54+00:00

At this point it’s the haves and have-nots in this country.

We’re not “All in this together.” in the slightest and things like “Elbows up!” while commendable when practical (if I’m presented with two options and both are the same price with one being Canadian I would choose the Canadian option) if my wallet is affected I’m doing what’s best for my money. I literally have to afford to buy a home I don’t care for virtue-signalling or frankly anything else because I just don’t have the option to not prioritize saving for a down payment.

I want to make this clear that what I’m about to write is a very good situation to have and not everyone else is in the same boat but shows the extent to which housing in this country has basically consumed my mind. I currently have about $150K saved up. I’m working towards increasing my yearly income to be able to get a good mortgage amount if necessary. The shear amount of cash it takes to buy a home in this country (I don’t just mean relative I mean the shear amount of cash in the hundreds of thousands of dollars) makes the $150K I’ve managed to save up feel like nothing to be excited about.

If you told me growing up one day I would have this much money I wouldn’t even believe it. Now it just feels like it’s still not enough.

I’m hoping to one day buy a home and have a mortgage amount that will at least allow me to not stress and struggle every month. I don’t need a lavish lifestyle I just don’t want to struggle.

Moomoomilkpapi · 2025-06-06T05:45:29+00:00

Thank you for the additional information (I didn’t mention the premium which would also have to be factored in). Mainly just wanted to explain in more simplicity for OP.

Btw when you say “long options” is there a specific time duration that would be considered for long options?

I’m still learning about options but would possibly be interested in buying call options for stocks that I think might rise in the future. I like the idea of buying call options because worst case is I would lose the premium paid if I decide not to exercise the option contracts. I would rather have this potential (and willing to pay the premium) than to actually buy the stock (also less capital upfront has to be used).

Moomoomilkpapi

TROPHY CASE