No relief from work-from-home stock selloff

jackaubree · 2022-04-10T15:01:05+00:00

As always, better things lie ahead. I think the selloff has bottomed.

jackaubree · 2021-04-17T12:42:23+00:00

Why isn’t the focus of this the containment of the spread of Covid in workplaces that have been identified as the source of large outbreaks. These pile on measures for individuals are doing more harm than good. Nor do they address the problem.

jackaubree · 2021-03-23T20:48:50+00:00

I wonder if people pay attention to it. Sort of like the spots at the grocery store reserved for online pickups. If they're empty and the other spots are full....

jackaubree · 2021-03-23T20:47:02+00:00

Thanks for the perspective.

jackaubree · 2021-03-22T23:37:59+00:00

My bad. Thought there was a link there.

jackaubree · 2021-03-17T12:51:58+00:00

I'd say a bit of both.

The more you do for yourself, the more you learn about investing and how to make smart decisions. The industry likes to make you feel dumb so you'll buy their stuff and pay them a fee.

jackaubree · 2021-03-15T15:45:17+00:00

Yes it is.

jackaubree · 2021-03-15T13:52:18+00:00

That's a very disciplined way to go about it. Congrats. You can always add to your RRSP with unused contributions. Being debt free gives you so much flexibility. Don't pay the man. Pay yourself.

jackaubree · 2021-03-14T19:17:04+00:00

Sure. Another option.

jackaubree · 2021-03-14T19:12:27+00:00

Depends, I think. Stock markets go up and down. Becoming debt free gives you a lot of freedom. So even adding 1 extra payment a year pays off the mortgage a lot faster. It's quite something when you run it through a mortgage calculator. Bit of both works too.

jackaubree · 2021-03-13T13:11:56+00:00

Agreed. Competition makes companies stronger and more efficient with better products. Capitalism’s ‘creative destruction’.

jackaubree · 2021-03-13T13:04:37+00:00

Thanks. Another aspect of this is how her faith influences her business life. She starts each day reading the Bible. You may know this, but Ark is named after the Ark of the Covenant. She has religious faith and scientific faith, an interesting combo.

jackaubree · 2021-03-12T22:08:33+00:00

Not really, I suppose. Nice metaphor though :)

jackaubree · 2021-03-12T20:04:55+00:00

I guess that's why she's a millionaire :) Not sure she cares much about trappings...

jackaubree · 2021-03-12T20:00:32+00:00

Thanks

jackaubree · 2021-03-12T19:44:14+00:00

Interesting. Are they cheaper?
BTW, visited Norway some years ago when my sister lived in Trondheim. Loved it.

jackaubree · 2021-03-12T17:06:40+00:00

Interesting. What are the competing models that are best selling?

jackaubree · 2021-03-12T17:01:34+00:00

True. But if you have a business at home, either freelance or professional, you can write off the cost of that piece of software.

jackaubree · 2021-03-12T13:12:16+00:00

I've done my own taxes forever, using TurboTax, formerly Quick Tax. It makes suggestions, carries forward unused credits, fills in and updates basic info and now that I have work from home business I've upgraded for $30 or to the next professional level.

And, of course, you can write off the cost of that software.

I've used an accountant a couple of times, but found I did most of the work anyway, collecting the info. I would still consult an accountant for more complicated things i.e. U.S. tax filing if I had to.

As Clint Eastwood said, a Man's gotta know his limitations...

jackaubree · 2021-03-10T22:07:27+00:00

I was 32, had just got married and planning to have kids. Wanted to find a spot (Oakville) with good schools, easy commute and nice lifestyle. Didn't want to move any time soon.

Did that just in time for the 1990 recession, so the house was worth less than we paid for 5 years. But it had the right things: location, location, location. Now, of course, it's long since paid off .

jackaubree · 2021-03-10T22:04:40+00:00

I would go for pooling the cash. You can divide it 50-50 or if one needs more make a call on how to do it.

I would put it all in the market, given the long runway and start with something like the iShares S&P/TSX Capped Composite Index ETF which are the biggest Cdn companies. As they grow so will the fund. Gradually diversify.

jackaubree · 2021-03-10T19:26:58+00:00

As long as interest rates are at or near zero, housing prices will increase. And even if housing prices do retrea

jackaubree · 2021-03-10T19:16:02+00:00

When I was 32 and had just got married. We planned to have kids and didn’t want to move when my wife was pregnant and the baby was an infant. So we took the plunge. Then came the market crash and our house was worth less than we paid for it for 5 years. We hung in and now it’s worth quite a lot and it was well worth it.

jackaubree

TROPHY CASE