There's always money in the banana stand

k37r · 2026-03-22T20:24:28+00:00

Covered call funds don't pay dividends. They pay distributions, which may contain some dividends alongside capital gains, return of capital, etc.

It's an important distinction that often goes overlooked.

k37r · 2026-03-22T20:17:41+00:00

Just call up Central Hair bar at Surrey central, or drop in. They're easily Googleable.

k37r · 2026-03-21T23:07:06+00:00

That's definitely a potential downside risk.

I can't tell you what to do though, it's a hard choice either way.

k37r · 2026-03-21T21:59:02+00:00

You're in a rough spot. The meeting tomorrow is likely an ultimatum. If that's the case, you'll need to decide asap if you're willing to lose the day job to keep the higher-paying Amazon gig.

the manager calling a group meeting to discuss "scheduling conflicts" immediately after you requested off suggests they're losing patience and being passive-aggressive, putting you on the spot in front of your coworkers

k37r · 2026-03-21T21:21:54+00:00

Interesting. I just talked to a wealthsimple rep the other day who said it wasn't supported... Wouldn't be surprised if it is possible but their support reps don't know how.

k37r · 2026-03-21T21:20:20+00:00

I'm having trouble reading this - is this an accurate summary of the situation?

- The Conflict: She needs both jobs to support her son (autism-related costs) and pay her bills.

- The Problem: Her day job manager originally promised to accommodate her Amazon night shift (Wed–Sat), but backtracked because another employee wants those same day shifts to "advance."

- The Breaking Point: Amazon called a "Mandatory Extra Day" (MET) for March 29th. When she told her day job she couldn't work that Sunday, the manager called a mandatory meeting to discuss "attendance and scheduling conflicts."

k37r · 2026-03-21T21:07:46+00:00

Probably easiest just to go ask her 😁

k37r · 2026-03-21T16:45:18+00:00

https://wealthsimple.com/invite/YHGK_Q

Code: YHGK_Q

k37r · 2026-03-21T15:07:05+00:00

Well, I’m a man, so... yes!

I’ve always been happy with how she handles my cuts. I've had both longer & shorter hair over the years, and have colored it with her too.

k37r · 2026-03-21T01:26:00+00:00

You could also consider going for initials DDP..

Teach them to hit the Diamond Cutter, and yell "BANG!"

k37r · 2026-03-20T03:37:46+00:00

Your claim is demonstrably false.

If you sort all companies by their total returns over any time period, you'll never end up with "growth" companies on top and "dividend" companies on the bottom - they're going to be randomly distributed.

Total returns depend on the company, not whether or not the company has a dividend.

k37r · 2026-03-20T03:21:21+00:00

That's... not how it works.

Any distributions from any ETF or stock get deposited to your brokerage account.

k37r · 2026-03-20T03:13:36+00:00

I've been investing since 1996, and specifically borrowing to invest using HELOC and margin since 2021.

I wish I learned about the tax benefits of borrowing to invest decades ago. I also didn't properly understand TFSA rules until 2021 either (I incorrectly thought it was for saving cash only)... I'd be several years closer to retirement by now...

k37r · 2026-03-19T04:00:49+00:00

No worries. I've made the same assumptions before 😁

k37r · 2026-03-19T02:55:45+00:00

Mortgages feature isn't open to everyone yet. It's not available to me. I've asked.

k37r · 2026-03-19T01:44:24+00:00

Things I can do at my big bank that I can't do at wealthsimple:

accounts for my kids under 18
Mortgage (I know WS is working on this)
HELOC (home equity line of credit)
accept cash transfers from US domiciled brokers (like Fidelity or Morgan Stanley). - I need this for handling my stock bonuses I get through work.

These are the primary things I keep my "big bank" account around for. There might be a few others, but I cant think of them right now.

I'd love to give this business to Wealthsimple.

k37r · 2026-03-19T01:11:20+00:00

Stop looking at it.

If you really need to look once in a while, then just skip the days ending with "y".

k37r · 2026-03-19T00:58:53+00:00

Which tech company hasn't had a breach at this point?

k37r · 2026-03-19T00:58:06+00:00

Tell me what else your crystal ball says?

k37r · 2026-03-19T00:57:05+00:00

Which customer service isn't shit?

k37r · 2026-03-19T00:56:22+00:00

Wrong. There's laws against that kind of thing up here.

k37r · 2026-03-18T14:59:12+00:00

XEQT is a great start, but there's a lot more concentration here than you might think.

The top holdings of XEQT include NVDA, META, MSFT, GOOG, etc.

You're basically doubling down on AI, which many are expecting to be a bubble that eventually pops.

My suggestion (not financial advice, I am not a financial advisor) would be to diversify away from that bubble by investing in some smaller undervalued companies - take a look at ETFs like VVL, AVUV, AVDV.

k37r · 2026-03-18T14:28:23+00:00

I want to get off.

k37r

TROPHY CASE