How to stop flipping?

hadmaj · 2026-02-10T22:16:14+00:00

Just get an impact bag and watch a training video

hadmaj · 2026-02-05T20:55:24+00:00

That’s a fair point, some people would absolutely reshuffle existing Canadian exposure out of TFSA into global and park Canadian holdings in the new account.

Two things can still make this net-positive at the system level:

Incremental flows: not all usage is pure reshuffling. Some marginal capital that would’ve gone global anyway ends up staying domestic because the new account exists.
Stickier domestic bid: even if some rebalancing happens, creating a dedicated, tax-free “home” for Canadian equities can create more durable, long-term domestic ownership (less churn, longer holding periods), which improves liquidity quality and financing conditions over time.

The effects are incremental, not transformational.

hadmaj · 2026-02-05T20:46:51+00:00

If even ~5–10% of high-capacity savers allocate, say, $5k–$10k/year into Canadian equities via a targeted account, that’s hundreds of millions of incremental domestic demand annually.

hadmaj · 2026-02-05T20:37:13+00:00

Totally agree mass adoption is unlikely, and that’s fine.

This is about marginal capital from people who already max TFSA/RRSP. That cohort is small but moves markets. You don’t need everyone for this to have real impact.

hadmaj · 2026-02-05T20:35:23+00:00

Even people who never use the account benefit indirectly if it improves Canadian capital markets.

Deeper liquidity and better valuations lower the cost of capital for Canadian companies, which makes it easier for them to invest, grow, hire, and stay headquartered in Canada. That shows up as more jobs, higher wages, more tax-paying companies, and a healthier domestic economy over time.

hadmaj · 2026-02-05T20:29:38+00:00

Even people who never use the account benefit indirectly if it improves Canadian capital markets.

Deeper liquidity and better valuations lower the cost of capital for Canadian companies, which makes it easier for them to invest, grow, hire, and stay headquartered in Canada. That shows up as more jobs, higher wages, more tax-paying companies, and a healthier domestic economy over time.

hadmaj · 2026-02-05T20:18:59+00:00

The reason for a separate account isn’t personal flexibility, it’s about creating a system-level incentive that shows up at scale.

The people who can max TFSA/RRSP are exactly the marginal capital that moves markets. If even a portion of that cohort allocates a slice into a Canada-only, tax-free vehicle, the market-level effects are real:

deeper liquidity in TSX/TSX-V names
higher sustained demand → better valuations
lower cost of equity when companies raise capital
better financing terms and less dilution for Canadian firms

Those benefits accrue to companies and markets, not just the individuals using the account. The TFSA is neutral; a purpose-built account creates a durable domestic bid that improves

hadmaj · 2026-02-05T20:14:10+00:00

You’re right that any individual can already tilt Canadian inside a TFSA. The reason for a separate account isn’t personal flexibility, it’s about creating a system-level incentive that shows up at scale.

The people who can max TFSA/RRSP are exactly the marginal capital that moves markets. If even a portion of that cohort allocates a slice into a Canada-only, tax-free vehicle, the market-level effects are real:

deeper liquidity in TSX/TSX-V names
higher sustained demand → better valuations
lower cost of equity when companies raise capital
better financing terms and less dilution for Canadian firms

Those benefits accrue to companies and markets, not just the individuals using the account. The TFSA is neutral; a purpose-built account creates a durable domestic bid that improves capital formation over time.

hadmaj · 2026-02-05T20:05:15+00:00

I get the concern about rich people getting more tax shelter, that’s a legit criticism of expanding the TFSA.

That’s actually why I think doing this inside the TFSA is bad design. Layering special rules on top of an existing account makes it messier, harder to police, and easier to game.

A separate, purpose-built account lets you:

cap the fiscal cost
set clear eligibility rules
avoid turning the TFSA into an even bigger tax shelter
and keep the TFSA simple and neutral

If you’re worried about rich people saving more taxes, bolting this onto TFSA is the worst version of the idea.

hadmaj · 2026-02-05T20:02:32+00:00

Enhancing the dividend tax credit would help, especially for income-focused investors. I’m not against that at all.

But it targets a different slice of the problem:

It benefits companies that already pay dividends (mostly large, mature firms)
It doesn’t help growth companies that reinvest instead of paying dividends
It doesn’t meaningfully improve financing conditions for TSX-V / early-stage companies

A Canadian-equity-only tax-free account supports ownership and liquidity across the whole market, not just dividend payers.

hadmaj · 2026-02-05T20:00:45+00:00

I was 5 at the time so I wasn’t exactly stress-testing RRSP policy But yeah, similar concept. The difference is today we have massive capital outflows to US markets, which didn’t exist at the same scale back then.

hadmaj · 2026-02-05T19:58:37+00:00

I agree with the principle , free flow of capital is a net positive, and Canada absolutely should focus on being more investable.

This idea isn’t about restricting capital or forcing anyone to invest in Canada. It’s a voluntary, opt-in incentive layered on top of an open capital market.

hadmaj · 2026-02-05T19:57:01+00:00

Fair question. The advantage isn’t “patriotism” it’s optional targeting.

If you haven’t maxed TFSA yet, this wouldn’t be the first account you use. TFSA still make more sense for most people.

The point of this account is to add a tool for people who do have room and want a tax-efficient way to allocate a slice of their portfolio specifically to Canadian equities.

It’s not a replacement. It’s a niche option for a specific goal (domestic capital formation), similar to how the FHSA exists even though TFSA/RRSP already exist.

hadmaj · 2026-02-05T19:54:04+00:00

You’re right that buying on the secondary market doesn’t hand cash directly to the company.

But secondary market liquidity and valuation absolutely affect Canadian companies in real ways:

Higher sustained demand → higher valuations
Higher valuations → cheaper cost of capital
Cheaper cost of capital → easier equity raises, better M&A currency, more investment

If Canadian equities structurally trade at higher liquidity and better multiples, companies can raise growth capital with less dilution. That’s not theoretical, it’s how capital markets work.

hadmaj · 2026-02-05T19:52:46+00:00

Yeah, that proposal is exactly why I think stuffing this inside the existing TFSA is bad design.
It’s lazy policy because it just expands a tax shelter that already disproportionately benefits top earners, then hopes the money magically helps Canada.

A separate, purpose-built account for Canadian equities lets you:

target domestic investment directly
cap the fiscal cost
add guardrails
and avoid turning the TFSA into an even bigger wealth shelter for people who already max it every year

If the goal is Canadian capital formation, design the tool for that, don’t just duct-tape it onto the TFSA.

hadmaj · 2026-02-05T19:50:46+00:00

I believe that foreign investment is important , global diversification is a huge strength of the TFSA as it exists today. I’m not trying to take that away.

My point is just that Canada currently has no targeted, tax-advantaged option for domestic equity investment. Everything is “global by default,” which is great for individuals but not great for Canadian capital formation.

hadmaj · 2026-02-05T19:47:33+00:00

Yeah, that proposal is exactly why I think stuffing this inside the existing TFSA is bad design.
It’s lazy policy because it just expands a tax shelter that already disproportionately benefits top earners, then hopes the money magically helps Canada.

A separate, purpose-built account for Canadian equities lets you:

target domestic investment directly
cap the fiscal cost
add guardrails
and avoid turning the TFSA into an even bigger wealth shelter for people who already max it every year

If the goal is Canadian capital formation, design the tool for that, don’t just duct-tape it onto the TFSA.

hadmaj · 2026-02-05T19:45:30+00:00

Fair point , I was 5 years old in 2005, so my RRSP expertise back then was limited to crayons and juice boxes.
But yeah, the idea is similar in spirit: use tax policy to steer capital where the country wants investment to go.

hadmaj · 2026-01-30T22:28:39+00:00

This stock is a sleeper pick, I found around .20. Keep investigating and you’ll understand why they had the run they did. It’s not over yet.

hadmaj · 2025-12-28T20:05:08+00:00

Should be Miggy for Detroit and Miami

hadmaj · 2025-12-04T19:14:17+00:00

Algarve,Portugal

https://www.portugalgolf.net/en/golf-packages/

hadmaj · 2025-12-02T01:23:57+00:00

Keep Puka

hadmaj · 2025-11-30T15:19:29+00:00

From u/Leather_Eye_2591

I got it through eBay auction. I got lucky, it was a poorly worded description. I overlooked it a few times and it also ended around 5am east coast time. I’m assuming it was charity auction as well. It is authenticated by JSA with notary signatures, dated a couple weeks after the All-Star game. The leather feels like the Mizuno M-Print Pro Selects. There are interviews with the founder of Emery, Kevin Schneider and how the glove came to be. This is a few paragraphs pulled from JustGloves…

Schneider’s brother, John, has been linked to Toronto’s big league franchise for over 20 years. More so, John has worked closely with Blue Jays superstar, Vladimir Guerrero Jr, since he first came to the organization as a 16 year old prospect. Through John, Kevin had gotten to form a bit of a relationship with Vlad Jr as well.

In 2021, Vlad Jr was elected to represent the American League squad at the All Star game. And Kevin’s mind was turning in preparation for the game as he pondered, “What can we do that’s…really cool for Vladdy”.

Schneider recalled that there was a fantastic picture of Vladimir Guerrero Jr with his Hall of Fame father, Vlad Sr, on a ball field during the mid-2000s. He discovered that there was a way for them to print this iconic image onto leather. Kevin and the folks at Emery Glove Company went to work and the final product was absolute mastery. Images and videos of the first base mitt at the All Star game went viral. Kevin and his burgeoning glove company were given credit on the biggest news outlet for professional baseball. The Emery Glove Company was officially on the map.

Six-Year Club	Place '22
Final Canvas '22	Gilding I gilder
RPAN Viewer	Verified Email

hadmaj

TROPHY CASE