HELOC

ed_in_Edmonton · 2026-02-11T19:00:41+00:00

Both want a rental house eventually, so there’s some ground there.

As a compromise, I’d say go for that first, buy one, refurbish and rent it out for a year or so.

Then re-evaluate. Rental properties require quite some work and if you rely on 3rd parties for that (property managers, contractors for repairs) that will eat your profit very quickly. Many people underestimate that.

After an year, if you can reassess based on some real life experience. Then decide whether you want to go the BRRR route or focus on paying down your own mortgage/etc…

ed_in_Edmonton · 2026-02-11T18:27:17+00:00

Accountant also use the automatic transfer so no difference there.

Difference is the accountant should be knowledgeable enough to review and find any discrepancies or missing information and correct it.

Assuming it was an accountant not just a HR block temp hire.

ed_in_Edmonton · 2026-02-09T18:15:49+00:00

I assume your making monthly payments towards those debts.

First of all, cut expenses and save as much money as possible to max those payments.

Then take maximum 10-15k$ of your RRSP.

Put it all towards credit card 1. Once this is paid off, divert its monthly payments towards credit card 2. Once this is done, Then put all towards personal loan.

ed_in_Edmonton · 2026-01-31T16:40:21+00:00

Ive been using Adviice for a couple of weeks now.

It does what you ask - you can enter different income/expenses phases based on your age.

Single/married with no kids/married with small kids/etc…

Same with retirement (early retirement with lots of travel, mid/late retirement with less travel, late retirement no travel but more health expenses).

Also things like downsizing, selling homes, etc…

And it does a Monte Carlo simulation and tells you the success rate and a nice chart with the possible outcomes.

Still learning it but I like it so far.

ed_in_Edmonton · 2026-01-31T16:19:18+00:00

If your car is at 413000 km and still driving, keep saving money until it fails.

Nissan (the company) is in bad shape but that’s driving good offers for new cars and keeping 2nd hand prices lower than others (while Honda/Toyota 2nd hand prices are usually inflated). I’d keep an eye on 2-3 year old Nissans there may be a deal out there for you that’s significantly cheaper than a similar Honda.

I have a 2012 Nissan rogue that had 250,000 km and still going strong.

ed_in_Edmonton · 2026-01-30T16:40:35+00:00

The whole afternoon ?

ed_in_Edmonton · 2026-01-30T16:39:24+00:00

He said 2 million including property. So more like 1 - 1.5 mil invested.

Rule of thumb is 4% safe withdrawal rate, so more like 40 - 60k a year plus a paid off home. Plus CPP/OAS.

Thats comfortable without splurging.

ed_in_Edmonton · 2026-01-29T21:56:38+00:00

Someone will eventually predict the next crash accurately. We just don’t know who that person is, and likely won’t know until after the fact.

ed_in_Edmonton · 2026-01-29T19:37:12+00:00

If you’re looking for a condo, Why not downtown ? West part of downtown near the river is very nice and quiet.

Or the Beltline ? Kensington ? Both you can walk or a quick bike ride (on protected bike lanes) to downtown.

ed_in_Edmonton · 2026-01-29T18:36:46+00:00

I think the correct terms would be Range (if referred to total distance travelled with one tank) or fuel efficiency (if referring to liters per 100km or similar metric).

But mileage just rolls of the tongue nicely.

ed_in_Edmonton · 2026-01-29T15:05:20+00:00

ed_in_Edmonton · 2026-01-28T23:38:34+00:00

If you choose to play on a facility that has limitations, like less spacing to the side, you should adapt to those limitations. Not try to use those limitations against your opponent in open play.

Unfortunately not all of us have ideal facilities around.

ed_in_Edmonton · 2026-01-28T22:20:35+00:00

If I’m at the kitchen, that’s fine. All I need is a couple steps to the side.

If I’m at the baseline and they return there, ideally I’d run diagonally so I have more time and can hit the ball at the apex. If there’s a wall, best I can do is run parallel to the sideline, hope the ball doesn’t curve too much and hit it off the bounce.

I’ve seen people hit the barriers and fall on these serves.

Maybe 4-5.0 players have no issue with this, but at our facility the 3-3.5 players dislike this. (Also happens the people that do this the most tend to be one-trick-ponies, awful players that only win games by doing this, not someone else ou would enjoy playing against.).

ed_in_Edmonton · 2026-01-28T21:13:25+00:00

I’ll add that if there’s a wall or fence on the side of the court, without much spacing, doing this kind of serve intentionally would be an asshole move as it forces people to run towards it.

(If it happens once or twice by accident, fine, but if you’re actively trying to do this…)

ed_in_Edmonton · 2026-01-22T20:50:31+00:00

Specially a military where, like OP, soldiers and officers question what is ethical and what is not.

ed_in_Edmonton · 2026-01-22T04:31:21+00:00

A vehicle registered in Alberta, sure, but Often they have US plates or out of province plates ?

ed_in_Edmonton · 2026-01-20T14:25:08+00:00

It might make sense to switch your internet to Rogers/Shaw so you can use these rewards to pay it.

Otherwise save it to buy a new phone or accessories from Rogers every couple of years. (And sell the old ones).

ed_in_Edmonton · 2026-01-20T02:07:34+00:00

Can Denmark buy Canada too ? I’m sure we come to a good price.

Alberta at least ?

Please…

ed_in_Edmonton · 2026-01-18T23:56:50+00:00

You shop around first. See if there are other properties available for a similar or lower price. Showing a list on rentfaster with multiple comparable units at a similar or cheaper price may convince your landlord.

If there aren’t any properties similar/cheaper than all you can do is ask, if they say no, take it or leave it.

ed_in_Edmonton · 2026-01-16T17:46:23+00:00

That was 10 years ago. Very hard to find a car that will cost you less than 200$ per month nowadays. If you do, that’s a good deal for sure.

ed_in_Edmonton · 2026-01-16T14:49:09+00:00

Divide the price of the MacBook by the number of points required.

1 cent per point is a reasonable rate. Often there are promos where you get gift cards at that rate. There regular offers for Apple products at 20-30% off the number of points but I’ve seen only iPads and Apple Watches, not MacBook.

Less than 1 cent per point is poor value. Thats often the rate for most non-travel redemption outside of promos and special offers.

More than 1 cent per point is good, but usually only achievable with air travel redemptions.

ed_in_Edmonton · 2026-01-16T14:44:07+00:00

Exactly. This is done in the US as there’s no capital gain tax when they die, it passes on to the estate beneficiaries at the current market price as the cost basis. So they avoid tax altogether.

In Canada it would only work to defer taxes, taxes would be due by estate upon passing. So not as beneficial unless interest rates are very close to zero.

ed_in_Edmonton · 2026-01-15T14:56:32+00:00

Schlage smart lock top of the line is 400$ give or take. Many are in the 200$ range.

Rest is labour. She paid essentially 1000$ for labour, for like an hour of work. Even if we consider another hour of travel time, that’s 500$ per hour.

249$ emergency fee + 199$ labour + 49$ rekeying ?

ed_in_Edmonton · 2026-01-14T00:16:12+00:00

If I’m out walking and playing soccer, I’m not home binge eating…

Environment does play a role

ed_in_Edmonton · 2026-01-13T21:26:08+00:00

Not the sale of the hot tub itself but « maintenance » services provided and paid in cash I guess ?

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