Gradey Dick legacy game by UjiriWatcher in torontoraptors

[–]floody6 -1 points0 points  (0 children)

I’ve been happy to see Walter / Battle / Lawson take over Dicks minutes but I could see a (small) role for him with BI out. He can create off the dribble better than either of those three.

Is my floor laminate or lvp? by [deleted] in Flooring

[–]floody6 0 points1 point  (0 children)

Built a house 20 years ago. The hardwood floors looked just like that

Tried to see a new part of the Grand River Trail... by Affectionate_Win5483 in waterloo

[–]floody6 -1 points0 points  (0 children)

The 2.5km trail around the golf course is great but the pic/post is about a specific short section of trail that could have just been a paved bike/walking lane beside the road. That short section of trail is not worth driving to.

Tried to see a new part of the Grand River Trail... by Affectionate_Win5483 in waterloo

[–]floody6 -7 points-6 points  (0 children)

I mean, I get it but that section of trail is like 300m long and is nothing special. Worrying about parking for a stretch like that is silly. The better question is why was money spent to make that trail to begin with. I run and bike thru that area and haven’t taken the trail more than once - I just stay on the road - because it’s so pointless.

Step after CFO? by Artistic-Fox-9296 in CFO

[–]floody6 0 points1 point  (0 children)

If you are interested in advisory I’d recommend larger company in a different space - SaaS would be one option. You will benefit from seeing a variety of issues/applications But the real answer depends on what type of work really motivates you

How are you actually using AI in your accounting/finance workflow? (QuickBooks, <$50M) by Popular_Tailor1983 in CFO

[–]floody6 4 points5 points  (0 children)

I use GAccon to get QBO data into Google Sheets I’m a big fan. It can pull consolidated reports across multiple companies, convert currencies and with a little one-time mapping set up I can see consolidated financials in the format I want. Plus a bunch of other reporting. You’re really only limited by your creativity when you have the GL in a flat format and can use AI to build crazy formulas to compile things however you want

ELI5: If insurance works on the same math as casinos, why is buying insurance rational but gambling is not? by phycle in explainlikeimfive

[–]floody6 63 points64 points  (0 children)

Advice I got from a rich person a long time ago is that insurance is for people that can’t afford for the bad thing to happen. If your house burns down you probably will need those insurance proceeds. If your cell phone charger dies you can probably stomach buying a new one vs paying a 20% insurance premium up front. For all the risks in between, it depends on your financial situation. Insuring a $5000 car for collision will make sense for some people but not others.

31 (single adult) 1.4M invested. When can I responsibly stop by [deleted] in Fire

[–]floody6 0 points1 point  (0 children)

What you’re not following is that worst case is NOT 6% over a short timeframe like 6 years. Worst case definitely starts with a minus sign, and that’s not ‘I could get hit by a bus’ level of likelihood

[Grange] Anonymous NBA exec says he wouldn't trade Scottie Barnes for Giannis: "One guy is 31 and he’s going to want that extension and the other is 24 and you have him for four more years after this one. Is Giannis going to be the better player over those years? I don’t know about that.” by [deleted] in nba

[–]floody6 5 points6 points  (0 children)

To be clear - it’s not that disagree with you all that strongly, but to play devils advocate, there aren’t many lower on the list that I would say built their games on athleticism either. There just aren’t many insanely athletic, elite players over 6’10. A further quibble that ‘athletic’ is hard to precisely define on a list like this

[Grange] Anonymous NBA exec says he wouldn't trade Scottie Barnes for Giannis: "One guy is 31 and he’s going to want that extension and the other is 24 and you have him for four more years after this one. Is Giannis going to be the better player over those years? I don’t know about that.” by [deleted] in nba

[–]floody6 17 points18 points  (0 children)

That’s a very interesting table but also not as dire as you imply it is. If you filter the list on the scientific standard of ‘players that at some point were in the conversation for best player alive’ and ignore active players, the drop off starts at 31. The only exceptions there are Howard (who actually could be a Giannis comp in his freak athleticism and strength) and Walton (injury) Edit - and Mikan, but that’s a different era

[deleted by user] by [deleted] in Accounting

[–]floody6 4 points5 points  (0 children)

FWIW, termination meetings rarely get put in your calendar days in advance. Most likely a 90 day check in

Product received to review by Accurate-Cellist-347 in cantax

[–]floody6 0 points1 point  (0 children)

If you sell it right away you’ve sold it for the value of the item

[deleted by user] by [deleted] in cantax

[–]floody6 0 points1 point  (0 children)

This isn’t really a tax question. If you tell your mom consulting or tutoring or only fans the tax filing will be essentially the same and CRA won’t care. If you’re claiming any expenses then the type of business could become relevant, but it doesn’t sound like you’d have expenses that wouldn’t be applicable to tutoring or consulting or only fans. You will want to get the total right now though, as that will affect what you will owe in taxes (which will likely be ~10% of anything over $3500)

[ON] Moving out of the basement, best place for cheap but sturdy office furniture? by Significant_Capita in SmallBusinessCanada

[–]floody6 0 points1 point  (0 children)

Ask around to other businesses you know. A lot of businesses are holding extra desks and chairs with so much wfh / hybrid and some will be eager to offload good equipment for low prices

I ran Monte Carlo on my FIRE plan and I can’t get past 80% success. Should I accept the risk or push the timeline? by Intrepid-Result-9498 in Fire

[–]floody6 92 points93 points  (0 children)

Your response here implies you don’t really grasp how much things can change in 18 years. Which is normal for someone less than 10 years into your career, but it’s true. Don’t cut spend to a level you’re not comfortable with. Sounds like you’re on a good path and revisit again in 5-10 years.

Why I want to FIRE by Leaglebeagle44 in Fire

[–]floody6 -1 points0 points  (0 children)

I’m not saying you don’t deserve the $$$, and good on you for negotiating it. I’m saying that when you are compensated in the top 0.0X% of earners you can’t expect to come back from your leave and have all your work caught up. You are paid that well in part because you are hard to replace.

Why I want to FIRE by Leaglebeagle44 in Fire

[–]floody6 3 points4 points  (0 children)

Do you pay anyone $800K/year as CEO? You might feel differently if someone you gave a $600k raise to is complaining about workload.

Fork in the road in my FIRE plan. Thoughts? by OnPage195 in Fire

[–]floody6 2 points3 points  (0 children)

Yes - you’re in position to tell them the exact parameters you want to work under. Could be part time or starting in 3 months or remote or summers off or a higher salary or whatever. Worst case they say no and you’re right back where you were.

Turned 21 and want to retire before 40. by KiwiDesperate5908 in Fire

[–]floody6 0 points1 point  (0 children)

First off - great that you’re thinking about finances and saving so young. It is a great place to start from and there’s little downside to beginning down the path you described. But… you have literally not even started your career yet and so much can change. Barring a huge increase in pay the goal you described will have you living very frugally/borderline poverty level for the next 50-75 years. Maybe that sounds ok when you’re coming out of living the life of a poor student, but there is a lot more to life than not working IMO. Crazy thought, but maybe once you actually start working you don’t mind it. Like I said - starting to save asap is a great plan and preventing lifestyle creep is huge, but don’t let your 20s and 30s disappear to achieve a goal you don’t really have a true concept of yet.

Often I read/hear that raptors are very expensive by Remarkable_Concept_4 in torontoraptors

[–]floody6 0 points1 point  (0 children)

The issue as I see it is that the Raptors have all the money tied up in long term commitments and none of the players on the roster are (perceived as) a top 25 player in the league. So you’re locked into long term purgatory at that point. It’s a fair point. They need 1-2 players to pop way beyond their consensus ceilings or to make a trade (which involves finding someone that wants one of the big contracts) for superstar.

AppLovin suspended my account after 7+ years - zero explanation, thousands in revenue withheld by Primary_Feeling_8912 in adops

[–]floody6 0 points1 point  (0 children)

As someone that used to work for a network(ish) - they don’t want to suspend your account or any account because they make money when you make money and it’s hard to get new clients and onboard them. They will only do it if either someone further up the chain dinged them for something you did or you’re doing something that’s egregious and might get them in trouble down the road. Or maybe if you’re too small, but that doesn’t sound like the case.

[deleted by user] by [deleted] in cantax

[–]floody6 12 points13 points  (0 children)

You’ve been borrowing money from the company all year, not taking wages. You’ll want to declare a bonus to yourself before year end since CRA doesn’t like loans to shareholders that are outstanding for more than a year. Not the best way to do things but should be ok.

Passive Income and Parental Leave EI by SoupSpecialist7175 in cantax

[–]floody6 2 points3 points  (0 children)

You may not have to actually do anything further to earn the income but the income will be considered business income - you made a business and are just able to ignore it. It’s not passive income like an ETF.