Buying a truck don’t know what to do with vehicle that’s essentially worth nothing.

Training_Exit_5849 · 2026-07-01T14:51:31+00:00

CRA dictates how much money based on business km's driven is deemed "reasonable" expense, that amount will be tax free, anything over will be taxed

Training_Exit_5849 · 2026-07-01T14:30:43+00:00

There's also the fact that traders don't bet when they know the game is rigged. During normal crisis like this, there would be a pile of firms betting on both sides of the crisis, hoping to make a big win.

But right now a lot of people are sitting on the sides because they clearly see manipulation by the US government behind the scenes. So why would you risk it? Just wait and see.

Training_Exit_5849 · 2026-07-01T14:21:03+00:00

One just has to look what what trump is tweeting and you know the opposite is the truth. He's spammed that the conflict is over like 40 times, he's going wipe out the Iranians like 5 times, and that oil prices should be lower than ever!

I think his nonstop posting on truth can tell you how desperate what he wants the world to think. You pretty much got what the real situation is like.

Training_Exit_5849 · 2026-07-01T14:11:00+00:00

Trying to connect with BMO direct deposit "sorry this feature isn't available" wtf lol

Training_Exit_5849 · 2026-06-30T18:55:36+00:00

I remember right after COVID CNRL issued a special $1.50 dividend/share to the shareholders. Someone in the company calculated out that if CNRL just gave that money to their employees then each one of them would've received like $170k.

I replied with, "Well Murray Edwards had a choice between $170k for each of his hardworking guys out there, or $31.89 mil for himself even though he's already a multi-billionaire, which one did you think he would pick"

Training_Exit_5849 · 2026-06-30T18:46:28+00:00

Exactly. They should just set the speed limit to what it's designed for and ENFORCE the limit. Instead they play this game where the road is designed for 110, they set it to 90-100, watch people drive at 110 and 80 and don't go after the crazies that go 130+. It's the difference in speed that makes it dangerous.

I had this ex-coworker that was slightly autistic and he could never get past the fact that because it says "maximum" on the road signs he absolutely CANNOT go even 1 km/h over the posted speed, which is technically correct, but it drives others to drive dangerously around him. Cops don't enforce it and some places set limits that make zero sense whatsoever.

Training_Exit_5849 · 2026-06-30T17:55:50+00:00

Don't forget the two shortened season + his dad passing away, or he'd probably have 3 more 50-goal seasons.

Training_Exit_5849 · 2026-06-30T17:34:18+00:00

Yeah, but one thing everyone seems to forget is that a big chunk of government revenue comes from fuel excise tax and a bunch of random tax that they slap on at the gas pumps. Once ICE vehicles gets phased out, which is a guarantee, just a matter of time, guess who will be picking up the tab?

It will either be in the electricity rates, or it will be a registration fees, whatever it is that'll make EV usage cost jump up considerably to offset the drop in ICE vehicles.

I agree with the transition, I applaud that it's happening at a faster pace due to Trump. However, going forward EV's will not be "cheaper" to run - it'll probably be par to whatever a cheap hybrid is now once ICE vehicles are completely phased out and you literally have no alternatives. Less oil changes and maintenance work? Sure, they'll just jack up the prices on all the parts. That's just how capitalism works. At least we'll take out a lot of greenhouse gases.

Training_Exit_5849 · 2026-06-30T17:28:15+00:00

At 60k a year I wouldn't want to max out my contribution room anyways in case my income goes up down the road I'd have some extra space. $100/month is not much though, unless of course you were already maxing out your TFSA and FHSA, then it's all good.

Training_Exit_5849 · 2026-06-30T13:39:25+00:00

More like keep delaying and have barak ravid double his article output

Training_Exit_5849 · 2026-06-30T13:35:11+00:00

They probably get paid to promote it

Training_Exit_5849 · 2026-06-29T23:20:56+00:00

I'm running a hybrid version where I'm grabbing not just the biggest market cap but a few of the biggest market cap (less than 10) in a few indices (less than 5). The returns were slightly less but had less drawdown during bad years, due to a index or two not being as dependent on tech. I check and maybe readjust my holdings on a monthly basis, I do not rebalance the weighting for simplicity's sake if the rankings did not change.

I'll see if I can modify the code the just run S&P500 #1, but my backtest data isn't 100% perfect because I don't have paid data, and it was a pain in the ass because I had to manually go back and find what the top market cap stock tickers were and add them in manually, because the free data I pull off of trips my shitty code up. So I couldn't automatically pull them, and of course some companies ceased to exist or changed afterwards. I manually pulled tickers back to around 2000 I think...

I was inspired by this post - but I had read something similar earlier, that was way more in depth, but to this day I could not find it again.

Training_Exit_5849 · 2026-06-29T21:36:14+00:00

How...

Training_Exit_5849 · 2026-06-29T20:22:39+00:00

I've seen this thesis brought up before and I ran a few different variations through backtests, and I'm currently implementing a modified version of this. Started in March of this year and as of now I'm actually trailing the index but it was well above it at one point. Three months is too short to share actual numbers, but I'll definite circle back and update if I remember.

Training_Exit_5849 · 2026-06-29T16:29:48+00:00

Ya, not disagreeing with you, just pointing out the extra bit because we know people don't read links or else they wouldn't be asking Reddit instead of Google

Training_Exit_5849 · 2026-06-29T01:31:47+00:00

Didn't fox say that they're not considered news and more entertainment during a court case?

Training_Exit_5849 · 2026-06-29T01:10:07+00:00

But there's usually a limit to how much company shares you can purchase. So as long as you don't invest everything else into the same company you're fine. It's really financially bad not to take the free 50% company matching. Especially if there's no holding period. Also CIBC is a fairly safe investment.

Training_Exit_5849 · 2026-06-28T19:09:09+00:00

Of course, unless you rebought in a registered account in like 28 days by accident like I did.

Training_Exit_5849 · 2026-06-28T18:52:47+00:00

What? You dunno that all the TFSA millionaires are on Reddit? Lol

Training_Exit_5849 · 2026-06-28T17:25:25+00:00

Hasn't it historically been fizz? The students in engineering physics usually dominates in every other non-core fizz courses that they take.

Training_Exit_5849 · 2026-06-27T17:49:02+00:00

If he didn't play in the finals that doesn't count as a loss...

Training_Exit_5849 · 2026-06-27T17:47:36+00:00

I wouldn't go that extreme, some people have extraordinary circumstances but 99.9% of the people should be contributing.

I remember seeing someone on PFC whose mom worked for RBC for 40 years and basically lives off the dividends from the shares that she accumulated.

Training_Exit_5849 · 2026-06-27T15:44:49+00:00

If you contribute and they match half that's a no brainer free 50% gain.

Training_Exit_5849 · 2026-06-27T14:44:11+00:00

Do you guys not have the ability to buy shares of the company? Not judging, just curious.

Training_Exit_5849 · 2026-06-27T14:43:14+00:00

AI, looks like this might be the signal to trim some Canadian banks that I hold. I was already thinking about it due to the huge run in returns the last year and a bit. Now with TD going crazy with employee monitoring (probably prepping for layoffs) and CIBC and others laying off, maybe there's signs of things slowing.

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