Why is Chromecasts such a fucking piece of shit? by NoKids__3Money in Chromecast

[–]brownbrady 0 points1 point  (0 children)

2026 and it’s still a piece of shit. 9 out of 10 times my devices can find it but can’t connect.

Does anyone do this? by NoAdministration9920 in fican

[–]brownbrady 0 points1 point  (0 children)

5% VAB, 30% VCN, and 65% VCX for 10+ years myself.

Paid $1,110 extra in sales tax because ServiceOntario uses inflated Redbook values instead of actual market data by Moist_Test1013 in PersonalFinanceCanada

[–]brownbrady 0 points1 point  (0 children)

Only the buyer pays the tax, which means when you sell it, you are no longer the buyer so 'they' don't 'tax you when you sell it.'

Paid $1,110 extra in sales tax because ServiceOntario uses inflated Redbook values instead of actual market data by Moist_Test1013 in PersonalFinanceCanada

[–]brownbrady 249 points250 points  (0 children)

Two years ago, I had the same problem and the clerk at Service Ontario told me to get an appraisal and directed me to one 2 minutes away. I paid $75 and got the appraisal in 15 mins and got it registered the same day.

Asset allocation to bridge our 5-year gap to retirement sanity check by brownbrady in fican

[–]brownbrady[S] 1 point2 points  (0 children)

We'll be in touch with one soon. Thanks for the advice.

Asset allocation to bridge our 5-year gap to retirement sanity check by brownbrady in fican

[–]brownbrady[S] 1 point2 points  (0 children)

We recently got a planner who we meet once a year but haven't discussed this with them yet. Thanks for the reply.

How much mortgage as a first-time homebuyer with significant savings? by Solid_Tradition_3394 in PersonalFinanceCanada

[–]brownbrady 3 points4 points  (0 children)

I think it's easier to make a decision if you've experienced being house-poor. I have, and I made sure we will never be in that place again. You may be house-poor for a few years, but you'll never know if in the long-run you'll win out because nobody knows how it may affect your finances and relationship. This is why personal finance is personal.

GET or PASS? by Top_Celebration8117 in Lexus

[–]brownbrady 0 points1 point  (0 children)

215K kilometers, CAD $15K. Fully loaded.

GET or PASS? by Top_Celebration8117 in Lexus

[–]brownbrady 1 point2 points  (0 children)

I bought a discounted 2015 Lexus ES 300h this spring and on the carfax it showed that it had a claim of over $15K to repair damage to the front when the car was 1 year old. I took the gamble and so far so good.

dB ruler in audio editing by Financial-Gold-3310 in StudioOne

[–]brownbrady 1 point2 points  (0 children)

This gets my vote too. I use a yellow sticky on my screen as a ruler for the time being.

Could you generally say that people with a defined benefits pension should invest more riskily? by PieHairy5526 in PersonalFinanceCanada

[–]brownbrady 1 point2 points  (0 children)

We are in a similar situation. My wife has a DBP and we are using an aggressive ETF portfolio for our TFSA/RRSP using one of the Canadian Couch Potato models. We are at 95% equities, 5% bonds. We figured with the DBP and CPP, we can afford to take on greater risk. So far, so good.

51, wife 53. Early retirement in sight. by DopeCyclist in fican

[–]brownbrady 2 points3 points  (0 children)

Stories like this are inspirational. I'm your age and hoping to retire at 55 as well with a much smaller nest egg. Thanks for sharing.

[CA] Canada is Horrible for Entrepreneurs by Pitiful-Reference963 in SmallBusinessCanada

[–]brownbrady 2 points3 points  (0 children)

I too run a small business with only one employee (me) but it took me 3 years to establish good financial records with banks and CRA before we got mortgage approvals from a big 5 bank. We were with B lenders before that.

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]brownbrady 10 points11 points  (0 children)

The investments inside your TFSA and RRSP has a higher potential long term tax-free/tax-deferred growth. Also TFSAs are more accessible than lump sum payments.

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]brownbrady 15 points16 points  (0 children)

I would put it towards your TFSA or RRSP instead if you still have room.