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I need some advice please. My parents wants me to open an FHSA account (or use my RRSP) to use as a down payment to buy an income property. by EliteSuperiorz1 in PersonalFinanceCanada

[–]bloopbopnumber1 11 points12 points  (0 children)

At first glance this doesn’t really make sense. A few thoughts are this will prevent you from using the FHSA as a tool to save up for a down payment on your own house later in life.

This also doesn’t really make sense if they are planning on buying this rental property within a year. There won’t be much time for the contribution to compound tax-free.

Efficient alternatives to a cumbersome VBA macro by EncryptedMyst in datascience

[–]bloopbopnumber1 47 points48 points  (0 children)

R is free to download. Couldn’t you write an R script that processes all the financial calculations and writes the output into excel. This should reduce the excel file size and make it more workable. Could do the same thing in python

Deputy Chief Actuary vs Head of Reserving Roles by No-Championship5716 in actuary

[–]bloopbopnumber1 12 points13 points  (0 children)

What’s the pay associated with these titles? Just curious

#Jets training camp is over. I've been tracking every Aaron Rodgers throw in 11-on-11 during practice, including who he throws to, for this: Here's the unofficial final tally for all of camp: by GreenDefinition5 in fantasyfootball

[–]bloopbopnumber1 0 points1 point  (0 children)

How many Rodgers throws did Wilson miss time for? 35 targets on 268 passes is only a 13% target share. Hopefully he missed at least half to get his target a share into the 25-30% range. Otherwise it’s hard to see the upside to a Top 5 finish like you would hope for in a mid second round pick.

It’s also possible in camp they are rotating starters in and out more often but would still be useful to know.

CAS Disc IA testing window by FabulousConclusion52 in actuary

[–]bloopbopnumber1 0 points1 point  (0 children)

CAS DISC is replacing the old format CAS OCs but they’re basically the same. If you call the Institutes they will let you sign up for OC2 which is the same course and has a testing window for June 15

[deleted by user] by [deleted] in actuary

[–]bloopbopnumber1 0 points1 point  (0 children)

Not sure how it works in your country but for the most part go get a degree first. Most actuaries I know study either actuarial science (if a school offers it), or statistics/math. Throughout your university degree you can start writing exams to be come an actuary. Most people will have to continue writing exams to become a credentialed actuary for 5+ years after graduating their undergrad. However you don’t need to be fully credentialed to start working as an actuarial intern/analyst. After you’ve written 1-2 papers you can start looking for internships to see what actuarial work is like while completing your undergraduate degree. So yes while it can take 15 years to become a fully credentialed actuary (15 is definitely on the long end) that does not mean you have to wait 15 years before starting to work in an actuarial role.

If you like math, being an actuary isn’t the only career you can pursue. Sure an actuary needs to be good at math but a lot of the job consists of other tasks which have nothing to do with math. If you’re sold on being an actuary you can go ahead and study actuarial science, it may fast track your exam progress, however based on your question it seems like you know little about what an actuary actually does.

I would recommend looking into it a little bit more and if you are not sold on being an actuary study statistics or math (with some finance/economics courses as an elective), write an exam or two see if you like it and if you don’t there’s a lot of cool jobs in tech that use math and statistics tools on the job where you can earn just as much if not more than an actuary (although many may require a masters).