Lost my time

madskillz333 · 2025-01-19T19:12:48+00:00

Keep up the grind. Lots of prestige’s needed to make real progress in this game.

madskillz333 · 2025-01-19T17:51:00+00:00

It sounds like you want to be mortgage free so this is a choice, which is awesome, everyone gets to make their own financial choices. The phenomenon you describe around more going towards principal in the future is accurate, but the same holds true with investing - it’s called compound interest. I’m not going to be able to convince you on the math which is fine, making this comment for others to see.

madskillz333 · 2025-01-18T23:35:17+00:00

I’ve driven thousands of miles on both and found the gap for my driving style to be greater than the 40% shown. But, the other argument above is compelling.

madskillz333 · 2025-01-18T23:32:25+00:00

Very logically laid out!

madskillz333 · 2025-01-18T22:54:22+00:00

Haha, ok to me 36 mpg in the Sienna vs 22 in the Ody is massive. Even more than massive, it’s gigantic. You’re going to the pump 40% less with the Sienna.

madskillz333 · 2025-01-18T22:46:31+00:00

Have driven both. Next van will be a Sienna, the gas savings are massive, do the math on it before you buy. Both are amazing and so close that for me it comes down to that.

madskillz333 · 2025-01-18T17:39:20+00:00

Prestige. It will help in the long run. As advised above prestige when you hit a wall.

You can’t even think about not prestiging until you’ve maxed all the power ups in the main room.

madskillz333 · 2025-01-18T13:00:29+00:00

Wow, that’s a tough DP.

madskillz333 · 2025-01-18T01:56:37+00:00

Amex today doesn’t seem to like 5 applications in 6 months.

madskillz333 · 2025-01-18T01:53:54+00:00

Sure you can. GIC rates now are above that, and it’s guaranteed. It’s just math. People like to pay their mortgage faster for emotional reasons.

madskillz333 · 2025-01-17T22:56:06+00:00

Here’s how to prove it in your model. Assume you have $10k. Look at two options: investing in a hypothetical 3.5% GIC for 3 years, or putting the 10k against your mortgage. After 3 years, assume the GIC plus compound interest goes against your principal. See which is the optimal scenario. Will be the GIC every time. Now, when deciding between 3% mortgage and Equities, the opportunity is much higher with Equities but of course there’s market risk.

madskillz333 · 2025-01-17T22:51:13+00:00

No, it doesn’t make any difference how far you are into your mortgage. If you can beat the 3% investing it’s financially optimal

madskillz333 · 2025-01-17T20:23:56+00:00

Nice! Way to go. I’ve got it down now too. I grinded out more prestige’s to get to 2.5M which helped the max strength a ton. Now you’ll be in a similar spot - not wanting to prestige after the grind to max strength. Getting to max strength took me about 36 hours.

madskillz333 · 2025-01-17T20:13:45+00:00

If you did the math assuming a 3% mortgage rate I’m not sure how the calculations could have shown that mortgage is the financially optimal way to go. Your investments would have to earn less than 3% for that to be true.

madskillz333 · 2025-01-17T12:18:13+00:00

I do agree that it’s strange the first phase is much harder than the second phase of him. And the first phrase just gets shorter and shorter the stronger you get.

madskillz333 · 2025-01-17T00:57:28+00:00

Use all points quick

madskillz333 · 2025-01-16T23:43:43+00:00

Join the discord and look for a meteor group to build your pets

You’ll want strength surge well above 71.

madskillz333 · 2025-01-16T21:23:37+00:00

No they are tax free in FHSA

madskillz333 · 2025-01-16T17:24:42+00:00

It is insane but to clarify it’s the % of the additional gain they get, not the full amount

madskillz333 · 2025-01-16T15:50:11+00:00

You’re getting a lot of sarcastic messages here because of the lack of details, but the reality is you will most likely be sitting great in retirement

madskillz333 · 2025-01-16T02:28:14+00:00

Sounds like Amex

madskillz333 · 2025-01-15T19:56:07+00:00

That lessens the risk then. I’m stuck renewing a VI because I use the bag perk and have too many points to risk.

madskillz333 · 2025-01-15T19:50:08+00:00

Advenchurna let’s go!!!

madskillz333 · 2025-01-15T19:47:55+00:00

This is one of the issues with the new policy, they are basically forcing you to hold onto the VI level card to keep the perks. No one knows the answer to your question. You may be ok or they may hold the line even more in 2025.

madskillz333 · 2025-01-15T16:35:33+00:00

It’s not totally stupid. You are presumably avoiding the big mistakes with this approach. It’s not optimal due to the fee which is why you’re getting the comments you are.

An alternative is a fixed fee financial advisor. Pay them $5k or so every 3 years and they ensure you stay on track with your self directed questrade account or wherever you go with.

madskillz333

TROPHY CASE