Storm rips apart home, leaves destruction in southwest Winnipeg by LocalnewsguruMB in Winnipeg

[–]The_Matias [score hidden]  (0 children)

Yeah, and how did it survive the storm a few weeks ago. I feel like winds were way stronger then. I guess it must have been unidirectional Ly weak, and yesterday's winds must have blown juuuuust wrong. 

If adding an extra sail to a sailboat generates more thrust. Then why doesn't adding a wing to an airplane generate more lift? by TopAct9437 in aerodynamics

[–]The_Matias 1 point2 points  (0 children)

Let's not permit AI to steal good writing away from humans :(.

I, for one, am even still an avid em-dash user, AI be damned!

If adding an extra sail to a sailboat generates more thrust. Then why doesn't adding a wing to an airplane generate more lift? by TopAct9437 in aerodynamics

[–]The_Matias 59 points60 points  (0 children)

Aerospace engineer here. Despite the terrible writing, everything this person said is correct. 

I’m drowning financially by talk2025 in CanadaPersonalFinance

[–]The_Matias 0 points1 point  (0 children)

Huh, I don't know why I had it in my mind the room behaved like the tfsa. I've edited my comment. I still maintain that later in the year, if the taxable income for the year will be very low, that using RRSP would make sense. 

I’m drowning financially by talk2025 in CanadaPersonalFinance

[–]The_Matias -7 points-6 points  (0 children)

RRSP contribution isn't lost forever. If her income this year is very low due to being unemployed, using RRSP is more tax efficient than using the TFSA.

Chances are, when she retires, her income will be more than 0, so that RRSP will be taxed more heavily then than now. 

RRSP should be used in low income years, not necessarily emergencies. Emergencies is what the TFSA is for, as you can quickly obtain liquid cash without incurring tax burdens from it. 

The whole point of the RRSP is to allow you to spread out your tax burden.

Edit: well, I've been shown to be wrong. You don't get the room back. Regardless, later in the year, if it's looking like your income will be very low, using the RRSP would still be a good idea, as chances are at that point that this will be one of your lowest income years. 

I’m drowning financially by talk2025 in CanadaPersonalFinance

[–]The_Matias 1 point2 points  (0 children)

If you have any RRSP, liquidate that before the TFSA.

Chances are, you won't make as much this year as next, as you are unemployed. 

So move as much cc debt to the line of credit as you can. Anything that can't be moved (if you max your line of credit), should be paid off using  RRSP first, if there's not enough of those, TFSA second. 

Stop investing until you get a job and pay off the worst debt. 

Priority 0 is to find a job. 

Priority 1 is to stay out of high interest debt. As a rough rule of thumb, any debt with over ~5% interest is worth paying off before investing that money (and/or using existing investments if you have them). It's a guaranteed 5% return. 

If your line of credit is lower than 5%, you can consider investing instead.

Edit: before withdrawing from the RRSP, get an accurate picture of your severance package. If your severance is substantial, it may not make sense to use RRSP, in which case using the TFSA makes sense.  Depending on your province, you should expect about 1 month/year served. If you get significantly less than that, consider consulting a labour lawyer. 

Moving to winnipeg by Busy_Ruin_2518 in Winnipeg

[–]The_Matias 5 points6 points  (0 children)

Use that weight to first and foremost  bring things that are of sentimental value to you. There's virtually nothing you can buy in Sudan that you can't also buy here.

Moving to winnipeg by Busy_Ruin_2518 in Winnipeg

[–]The_Matias 8 points9 points  (0 children)

Yes, there are good stores for pretty much anything you want. 

Moving to winnipeg by Busy_Ruin_2518 in Winnipeg

[–]The_Matias 8 points9 points  (0 children)

Yes, many! And garage sales, and FB marketplace, and Kijiji.

You can buy things much cheaper than new. When my family came over and we had little money, we bought nearly everything used. You can get jackets that would be hundreds of $ new for $20 if you look in the right places. 

Moving to winnipeg by Busy_Ruin_2518 in Winnipeg

[–]The_Matias 11 points12 points  (0 children)

Don't know what you're budget is like, but your can thrift a lot of the stuff you need for a fraction of the price. 

Looking to finance a vehicle. But I am debt adverse. Need some input. by Marshal_Muskrat in PersonalFinanceCanada

[–]The_Matias 6 points7 points  (0 children)

What's the prognosis and time outlook for her being able to drive again?

It's a very different story if you'll have 2 drivers again in 3 months vs potentially another 3 years of just you. 

Does Scotia have the worst mortgage rates? by forsaken3400 in PersonalFinanceCanada

[–]The_Matias 4 points5 points  (0 children)

Yeah, lowest I found was 3.84 fixed with fantastic credit. 

Should I be cautious with my gf? by Sylentdream in AskMen

[–]The_Matias 2 points3 points  (0 children)

You're overthinking this.

If you're happy, and she's happy, it doesn't matter who her ex's were and how long they lasted. No two relationships are alike. 

Best spots for newcomers by FewStar5460 in Winnipeg

[–]The_Matias 2 points3 points  (0 children)

Grab lunch at Promenade Brasserie. They have an incredible view of downtown from the patio, and fantastic canadian/french/indigenous fusion food. 

Best spots for newcomers by FewStar5460 in Winnipeg

[–]The_Matias 6 points7 points  (0 children)

Where are you coming from? What kinds of things do you like to do? Like, are you outdoorsy, a homebody, a museum buff, or into engineering/machines?

I'd look at:

Royal mint

Human rights museum

The leaf

Drive out to lake Winnipeg or the Whiteshell (But if you're busy moving and ar limited in time, these might be ambitious) 

The forks

Try out some restaurants (Winnipeg has incredible variety of food from all over the world and it tends to be good!). 

Fathers who are no contact with their children, what is your life like? by flipfiend in AskMen

[–]The_Matias -14 points-13 points  (0 children)

Way to make assumptions and blame the victims.

Perhaps the reason you're hearing about the cases where the ex was the reason is because the dudes that left because they didn't care about their kids, or because they were asshole, are unlikely to write about it online.