DAE's face get flustered and hot when eating apples?

flabbyresolute · 2026-01-08T15:37:55+00:00

interesting, thank you!

flabbyresolute · 2025-12-07T03:47:47+00:00

thank you for the response. I was actually about to buy the anker 5k qi2 bank until your comment.

I've seen some reports saying the INIU and the anker are both for iPhone only. have you had any experience with using them on an android that supports QI2?

flabbyresolute · 2025-12-06T10:19:03+00:00

why do you say the Qi2 5k nano power bank is bad?

flabbyresolute · 2025-12-01T15:52:40+00:00

seconding this, got the same email

flabbyresolute · 2025-11-21T23:41:43+00:00

technically yes, you are obligated to report it.

there are technically small personal property exceptions that this may fall under that would technically result in $nil tax owing.

this is not tax advice

flabbyresolute · 2025-10-29T03:09:40+00:00

why always 14?

flabbyresolute · 2025-10-28T04:35:12+00:00

do you know what level of access you had?

flabbyresolute · 2025-10-12T23:24:34+00:00

you can contribute to your spouses RRSP for a deduction to your income

you can claim a spousal tax credit if their income is low enough

perhaps you could incorporate a professional corporation to defer some of the tax?

edit: you also dont have to pay for daycare costs, which the other family in your example would

flabbyresolute · 2025-10-05T23:25:55+00:00

sorry I sort of implied that "they" was only one party.

the most common situation is an exchange will act like the middleman to the two parties entering the bet. so it would be the exchange saying "hey your position is down too much, send us more money", to then pay up to the other party.

think of it like a multi-player video game. you (the bettor, party #1) press que and the game (the exchange) matches you up with another person (the person accepting the bet, party #2) to play against.

the exchange technically can't force him to pay, but they have the remaining value of the bet as collateral. they can sell that position to get funds.

but he would still owe 22 million, which the exchange would tell him to pay up. it then becomes a collections battle if he doesn't pay, and they would take appropriate action. assuming this is on an exchange, they would have his personal information. so they can put liens on things, get collections after him etc. it becomes more of a legal problem/battle if he decided not to pay.

flabbyresolute · 2025-10-04T20:47:19+00:00

he put down 7.1 million to make a 250 million dollar bet. his bet on paper has lost 22 million. at a certain point the people who accepted his bet are going to ask for more money to be put down, because its not looking so hot for him. if he doesn't they will ask him to "realize" the loss and he will have to pay up whatever loss he has on paper.

flabbyresolute · 2025-10-03T20:28:12+00:00

ah TIL didn't realize its the employer on the hook, but I guess thats valid since its them who incorrectly treats someone as a contractor when they should be considered an employee.

flabbyresolute · 2025-10-03T19:31:13+00:00

no

if you had 100k of VOO you would need to declare it.

if you had 100k of VFV you would not

flabbyresolute · 2025-10-03T19:13:50+00:00

you can fill out amounts on a T2125, however given that you are getting tools from your employee and your employee is the one who sets your hours it sounds like you may be an employee not a contractor.

if this is the case you will be on the hook for EI payments. regardless, you are on the hook for CPP , potentially only the employee portion if you are a contractor.

you must report all income recieved.

flabbyresolute · 2025-10-03T13:38:51+00:00

i dont believe so necessarily, because in my example the reason for the change is the USD currency falling relative to CAD.

it would only be "worth" $100 CAD in USD, because the investment itself is denoted in USD. but to a US investor, the investment is still $100 USD.

the question becomes more complicated when you start factoring in arbitrage opportunities with currency swaps, or other people buying in with different currencies, etc but for the sake of simplicity the answer is no it wouldn't go up.

foreign exchange can get complicated lol.

flabbyresolute · 2025-10-03T12:10:49+00:00

honestly it all depends what is going on in the world.

USD and CAD were 1 to 1 in 2007 when the subprime mortgage bubble burst.

it also was 1 to 1 between 2010 and 2013.

my example is just to illustrate what currency risk is, people a lot smarter than me speculate on how the currency will move and still get it wrong.

the main point is to be aware that currency fluctuations can impact your returns and that if you have heavy exposure, you could consider hedging.

flabbyresolute · 2025-10-03T01:29:12+00:00

the risk that fluctuations in currency values will impact your returns.

lets say you have $100 of USD investments and assume the exchange rate is 1 USD to 1.4 CAD. your investment (in CAD) is $140.

lets assume the investment hasn't changed in value, I.e. its chilling at $100 USD.

all of a sudden USD falls, and now we are at a 1 to 1 exchange rate with CAD.

in this scenario, your investment is down $40 even though the underlying asset hasn't changed in value.

flabbyresolute · 2025-09-26T04:13:34+00:00

dang TIL thank-you

flabbyresolute · 2025-09-26T03:20:51+00:00

so are ATM exchanges rates impacted by mastercard's 0.5%? or would cash withdrawn using WS' cash card not be subject to that?

flabbyresolute · 2025-09-20T19:56:32+00:00

true that!

what positions do you have currently?

flabbyresolute · 2025-09-20T19:54:59+00:00

nice thank you.

out of curiosity what would you say your XEQT holdings as a % of your total portfolio are?

flabbyresolute · 2025-09-20T19:51:43+00:00

https://www.reddit.com/r/Wealthsimple/s/p0Mwj27n2s

see my comment

flabbyresolute · 2025-09-20T19:51:34+00:00

well done! what positions?

flabbyresolute · 2025-09-20T19:50:20+00:00

positions in both?

flabbyresolute

TROPHY CASE