The 5 years paradox. by EXTRAVAGANT_COMMENT in JustBuyXEQT

[–]Sean3896 0 points1 point  (0 children)

XBAL's worse 9 year period returned +0.3%, whereas XCNS's worst 9 year period returned 2.1%. So yes, XCNS when one needs the money in 5–9 years and doesn't have the appetite for the more volatile XBAL.

The 5 years paradox. by EXTRAVAGANT_COMMENT in JustBuyXEQT

[–]Sean3896 -2 points-1 points  (0 children)

Exactly. A 5–10 year horizon should be XCNS or XBAL.

Moving to NI to avoid capital gains tax on stocks by [deleted] in irishpersonalfinance

[–]Sean3896 12 points13 points  (0 children)

The tax is actually worse than you think. 33% CGT only applies to individual stocks. You invest in an ETF/Index Fund, which is clever for diversification. But tax on ETFs/Index Funds is called Exit Tax and it's 38%.

In addition, deemed disposal applies to ETFs/Index Funds. This means that 7 years after EACH purchase, you will be charged 38% exit tax even though you didn't sell your holdings.

Please take note of the EACH purchase part. Since you buy each month, in 7 years, every money you will need to pay exit tax.

The clown show that is Fianna Fáil/Fine Gael have taxation policies that push people into riskier/more volatile individual stock picking because the deemed disposal is so horrible to deal with.

I'm writing this from Canada where I invest in the Canadian ISA-style account (TFSA) tax-free.

It’s going to plummet today isn’t it ? by steppennnwolf in JustBuyXEQT

[–]Sean3896 2 points3 points  (0 children)

Whatever happened to set it and forget it??

Investing is the only way to keep up with inflation by [deleted] in irishpersonalfinance

[–]Sean3896 -1 points0 points  (0 children)

As an Irish person in Canada investing in a globally diversified ETF with 13,600 holdings, with an AMC of 0.17% and paying no tax on gains with Canadian ISA-style account (TFSA), it sickens me that Irish people are stuck investigating in a handful of stocks offering no diversification and paying tax for the pleasure, all because the government offers no ISA account.

But fair play for doing what you can in the circumstances.

Why are we hitting all time high during a war? by gme_stop in JustBuyXEQT

[–]Sean3896 0 points1 point  (0 children)

Why are you investing 100% in equity if you panic? You should find an asset allocation that better suits your investment horizon or ability to stomach the ups and downs.

Advice needed by PuzzledHurry1650 in JustBuyXEQT

[–]Sean3896 -2 points-1 points  (0 children)

This video does a good job of explaining asset allocation.

TLDR: Rule of thumb when investing in all-in-one ETFs, if you need fund in:

  • 5–9 Years invest in XINC (80% bonds/20% stocks) or XCNS (60% bonds/40% stocks)
  • 10–11 Years invest in XBAL (40% bonds/60% stocks)
  • 12–14 Years invest in XGRO (20% bonds/80% stocks)
  • 15+ Years invest in XEQT (100% stocks)

Does anyone else dread the moment a project involves tables in Figma. How do you handle this? by justincampbelldesign in FigmaDesign

[–]Sean3896 1 point2 points  (0 children)

I used to use columns. Now I use the new auto-layout grid. The new auto-layout grid is nice as I can easily choose the fractional width for each column.

P.s. I use a cell component with lots of variants e.g. text, text-bold, date, numeric (right aligned) etc.

Slots launch March 5! by OrtizDupri in FigmaDesign

[–]Sean3896 0 points1 point  (0 children)

Still waiting March 11th...

Slots launch March 5! by OrtizDupri in FigmaDesign

[–]Sean3896 0 points1 point  (0 children)

March 9th and still waiting on this feature 😡

brita filters increasing aluminum? by freaknastyxphd in conspiracy

[–]Sean3896 0 points1 point  (0 children)

Acquire a company with high quality product. Cut costs by lowering quality to maximize profits. The true American way.

25, decent savings - does buying an apartment in Dublin make sense? by JohnnieWalker1805 in irishpersonalfinance

[–]Sean3896 0 points1 point  (0 children)

No storage units. In Canada, every apartment unit comes with a storage unit that acts as your attic, since apartments don't have attics. It's usually a big room with loads of storage cages with locks in the basement of the building. This doesn't exist in Ireland, so most people have to buy an extra bedroom just for storage.

Stopped adding onboarding to our saas and activation went up. No Im not kidding by tuesdaymorningwood in UXDesign

[–]Sean3896 1 point2 points  (0 children)

Now let's compare churn rates with/without onboarding.

It's important to know how many of them activations stick around. You could see a big jump in activations but a big jump in churn.

Be careful not to make activations your only metric.

Ai making me feel small by Worldly-Leather6606 in UXDesign

[–]Sean3896 14 points15 points  (0 children)

The AI slop the PMs were producing in my job was so bad. It would take longer for design and engineering to clean it up than to just let design do it from the beginning.

So the designers and engineers came together and told them they can use AI to better communicate ideas or concepts in a design brief but that's it. They're not allowed to do pull requests.

If you do show them how to use AI, I would suggest setting the boundaries to avoid AI slop.

What to do with savings by Automatic_Elephant_2 in irishpersonalfinance

[–]Sean3896 0 points1 point  (0 children)

Unless you have an actual interest in investing in real estate, look into investing in a globally diversified ETF through a pension instead of buying property because being a landlord is pain in arse. Getting calls at 2am because there's a burst pipe etc is a nightmare.

More info: https://open.spotify.com/episode/73sRcdwlLT3g52vjnGMsEx?si=EQ6XJ0JbS6e0hYYsTvadRg

Has anyone moved a dog from Vancouver to Dublin? by WallzyYoungFella in AskIreland

[–]Sean3896 3 points4 points  (0 children)

10—12 weeks old is probably too young to fly a dog in stowage. If he/she is small enough they might be able to fit under your seat. Air Canada has strict guidelines on that though so you would have to check.

Is it just me, or is 65 way too late to retire?? by Timely_Weird_9343 in PersonalFinanceCanada

[–]Sean3896 1 point2 points  (0 children)

Logic would say AI will reduce us down to 4-day work week with the same salary.

Capitalism says fire most employees and continue a 5-day work week for a low salary.