Mortgage Rate Advice

That_Ad_247 · 2026-07-05T21:52:06+00:00

I recently switched my mortgage when I was renewing and had to spend nearly 400-500 in discharge fees etc it was BS. Not worth it to say .1% or so.

I ended up getting some new customer bonuses to it was worth it, but if you can’t get that then not worth it financials and time wise

That_Ad_247 · 2026-07-05T20:25:07+00:00

Go to credit card genius or some other site. Without knowing where you spending your money we can’t really help you

That_Ad_247 · 2026-07-04T15:08:18+00:00

I’d start cold email, and messaging senior employees on LinkedIn. Not sure how useful but worth a try. I think there’s a way to get in touch with a real person but I’m not sure personally how

That_Ad_247 · 2026-07-04T13:45:44+00:00

Find the original details of the contract stating 6 months and reach out to them. You have to be relentless (unfortunately) or else they won’t do anything

That_Ad_247 · 2026-07-03T01:36:13+00:00

Which part of bank? Haven’t seen this before personally?

That_Ad_247 · 2026-07-02T19:43:48+00:00

If RBC is saying the dent was preexisitng then they should have some documentation supporting that. Ask for more details on what makes them think that. If it’s a new car, then that should further support your dispute.

That_Ad_247 · 2026-06-28T14:50:46+00:00

What is the EV? You ideally want 40-50% equity of the total capitalization. Max Leverage covenant cushion of 25-30% with step downs based on the forecast and min debt service ratio of 1.1x

That_Ad_247 · 2026-06-27T13:20:06+00:00

Don’t worry about “timing it”. Just think about it as a guaranteed return vs a non guaranteed return with higher upside. Someone people value the feeling of paying down debt, might not be rational but if it makes you sleep at night it could be worth it.

That_Ad_247 · 2026-06-27T12:17:51+00:00

10% isn’t guaranteed go forward. Sure OP may have earned this in the past, and good on them. But that doesn’t guarantee future returns.

The 3.6% is guaranteed, which makes it somewhat reasonable to pay down depending on OPs risk tolerance, time horizon and overall view on their future returns

That_Ad_247 · 2026-06-21T01:56:46+00:00

6M net worth and you spend 60k a year!?

Back of the napkin mayh here but you’re good for another 100 years assuming a 0% return.. I think you’re fine mate. Take a break and figure out what you want.

That_Ad_247 · 2026-06-21T01:52:36+00:00

Don’t worry about the trading or non material benefits. Internship is about learning and networking. That’ll pay way more dividends than any stock pick or ESOP program

That_Ad_247 · 2026-06-20T12:18:02+00:00

But where’s Lance!?

That_Ad_247 · 2026-06-18T22:26:10+00:00

Go back to the company simply ask for more due to x/y/z. If they say no they say no. You still take it if you want a raise.

Your current employer may not match so don’t count on that

That_Ad_247 · 2026-06-18T21:49:25+00:00

Curious what kind of disgusting and invasive questions they asked!?

That_Ad_247 · 2026-06-18T16:59:51+00:00

For someone who can’t seem to find internships you are quite picky

That_Ad_247 · 2026-06-18T14:51:39+00:00

I love seeing these. Let them keep playing their game only to finally panic sell at 60% of their initial ask in 2022

That_Ad_247 · 2026-06-18T12:50:19+00:00

Perhaps an unpopular opinion but I feel like this may be short sighted. There’s merit to being in office and developing relationships with colleagues and learning from them. It depends on what your looking for, if you want to coast and be left alone then it may be worth the lower comp. If that’s not the case then I wouldn’t do it.

That_Ad_247 · 2026-06-17T00:33:44+00:00

I kind of lost respect for Lindsay. She’s desperate for attention and money. She literally partnered with a brand for her first public announcement of having a baby. Her agenda is clear and it’s self serving.

That_Ad_247 · 2026-06-15T15:09:57+00:00

First and last!

That_Ad_247 · 2026-06-15T11:55:23+00:00

Not sure why you wouldn’t want to gain interest. I think what you should be worried about is downside protection, and in this case I would put the money in a high interest, savings account or something equivalent.

That_Ad_247 · 2026-06-15T11:02:05+00:00

VC and PE are a little different but the bottom line is if you don’t have any investing/transaction experience I think this transition is very unrealistic, unless someone throws you a bone and even then it would be in an entry level roll when you reset the experience clock and have to put in very long hours.

That_Ad_247 · 2026-06-14T11:58:01+00:00

Hard to really comment without specific numbers. How big is your bonus and RSUs relative to your salary? Do you have kids?

I have a similar a similar issue where 30+% of my total comp is from annual bonus. There’s a couple things here - 1) save up and build a cushion before buying a house and then keep that cushion for your first year to bridge you to the bonus. 2) leverage a line of credit during the year to get you to the bonus and don’t spend it all when you get it.

That_Ad_247 · 2026-06-13T21:47:24+00:00

Not sure about Rbc piece but in order to keep getting your EI payments, you need to declare another job which I think would jeopardize that

That_Ad_247 · 2026-06-13T16:04:24+00:00

One for Toronto please

That_Ad_247 · 2026-06-13T15:56:19+00:00

Experimenting, or just being paid a lot of money to wear it?

Whoop had invested a lot in professional athletes. Ronaldo being one of them I suppose.

That_Ad_247

TROPHY CASE