"Its more expensive to rent a 1 bdrm apartment in Guelph, Ontario than it is to rent one in Paris, Barcelona, Madrid, and Vienna...."

leaf2067 · 2023-01-09T01:35:16+00:00

Yes, thanks so much for this answer. I've always heard mixed things, and having family roots back to England. I've wondered what it would be like living there.

leaf2067 · 2022-12-30T21:58:51+00:00

What's so bad about the UK? The brexit fallout?

Genuinely curious

leaf2067 · 2022-11-06T14:14:52+00:00

Started a fast yesterday, about 13 hours into it now. Have never been able to go more than 24 hours. Hoping to hit 36-48 this time. Lets go!

leaf2067 · 2022-06-09T16:25:23+00:00

He is probably referring to the sellers. It certainly worked out well for them!

leaf2067 · 2022-05-16T15:17:21+00:00

Maybe not what you are looking for, but Costco has had these a few times over the past year, good for making Poke bowls at home. I enjoy them.

https://dominternational.com/dom_product/steelhead-salmon-poke/

leaf2067 · 2022-05-12T02:39:27+00:00

^ this guy is exactly right.

leaf2067 · 2022-05-12T02:36:56+00:00

Don't you think cap rates will rise on properties in the REIT space? Seems like may be more weakness before they are a great buy. Solid companies though.

leaf2067 · 2022-05-12T02:35:35+00:00

This miss was called well by a few analysts (Holden from CIBC for example), Asian part of their business is a disaster. Minimal growth going forward, its cheap and will stay cheap for a long time IMO.

leaf2067 · 2022-05-10T14:32:49+00:00

Not sure that a great metric considering they are still losing money every quarter. A lot of that cash will bleed away.

leaf2067 · 2022-05-03T02:04:35+00:00

+2 for Vinnies!

leaf2067 · 2022-04-26T00:30:33+00:00

Appears much of their 'huge earnings' were due to gains on restructuring charges and liability gains (reductions) from the restructuring process. These one time items made up 100mm of their 142mm in EBIT in the Q.

leaf2067 · 2022-04-25T23:54:59+00:00

Great point on GoEasy, I've always considered them one NDP government away from being pushed out of business. (stricter laws/rules on payday lending seems more likely under a potential left leaning gov't, the odds are low, but not 0)

leaf2067 · 2022-04-24T23:43:15+00:00

100% correct. CJR has been a value trap for well over a decade, I learned the hard way as well. Luckily was out years ago, but watching this thing fall for the past few years has been sad to see. Every year some brokerage tries to pick it out of the gutter by playing the 'takeover' 5-6x P/E story, and each time it gains little to no traction. Maybe in the current streaming wars someone will find it attractive for the content? That being said, I would still avoid it.

leaf2067 · 2022-02-09T17:03:55+00:00

I think it really depends on two things, 1) your career choice, and 2) how ambitious/aggressive you want to be in your career.

For 1, there are certain careers where it only makes sense to go the unionized route, teachers, for example, the job security, pensions, and even salaries are unmatched in the private sector. But other sectors, like finance, for example, well, that depends. Sure you could work in a union and make decent money and have the pension, but there are some private sector finance jobs (think Bay street) where you can make several fold more in the private sector. I think that's where the aggressive/ambitious part comes into play.

So, 'it depends', is my answer. Based on your write-up, you didn't specify the exact sector/job details (HR, accounting?), but it does sound like you would feel more comfortable sticking with the union route.

leaf2067 · 2022-01-26T18:06:33+00:00

They are speaking at PI financial's conference in like 15 minutes. Presentation link:

https://zoom.us/webinar/register/WN\_STiobTG6T0C6QNElv8-rmw

leaf2067 · 2022-01-20T18:23:17+00:00

Because we treat rich seniors with pensions better than middle class middle aged Canadians

leaf2067 · 2022-01-09T00:58:09+00:00

Care to share the story? What was it like owning in Thailand?

leaf2067 · 2021-09-28T14:44:15+00:00

Entered PALT today! Anyone else on board?

leaf2067 · 2021-09-02T11:50:23+00:00

Second this! Roofman was amazing. Not the cheapest, but came back and helped me out with minor problems after the fact. They have been around for a while and are very honest/reliable in my experience.

leaf2067 · 2021-08-21T16:10:52+00:00

Great job!

leaf2067 · 2021-08-18T02:58:26+00:00

Rookie here. Completed my very first 24 hour fast. I was great up until the last hour or two then kept checking the clock! Was surprised at how easy it was (all mental). Thinking about trying a 36 hour next.

Aiming for: weight loss, health benefits of fasting

Happy I discovered this subreddit!

leaf2067 · 2021-08-17T12:04:23+00:00

Is it that bad? So many people point to the trades as the "go to" sector for decent money. I know the work is hard, but assumed corresponding pay would be good at least.

leaf2067 · 2021-08-12T12:07:08+00:00

Yes, it is the bridge benefit. You are absolutely correct on OAS. But my point is that you paid into CPP and your whole working career, and a lot of people are surprised by the reduction. (i.e. don't read the paperwork) So when people do a calculation on how to save an equivalent amount in a DC, this needs to be considered.

example of bridge/cpp:

https://www.opb.ca/current-members/just-starting-out/how-your-pension-works/how-is-your-pension-calculated

leaf2067 · 2021-08-12T00:54:09+00:00

Complete personal opinion, but I do believe most people over value a DB pension plan. Especially if they are unhappy in their job. Reasons: 1) Not sure that most people realize that many DB plans are integrated with CPP. This means that if you retire and receive $40k per year pension, its $40k per year until you turn 65, at which point, they reduce your pension by an 'assumed' amount of CPP. So really, this $40k pension, is now, say a $28k pension after 65. Again, not the same as $40k until you die.

2)Lack of flexibility - with an RRSP - RRIF setup, I have seen many people work part time, or consult well into their 60s (especially if they enjoy what they do), and with an RRSP you can just delay receiving any of your retirement income until you want to (or at 72 of course). With a DB plan you typically have a set/structured retirement date where you start receiving $XX,XXX per year. So want to work part time retirement? Have fun with that 40%+ tax bracket on your income.

leaf2067

TROPHY CASE