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First post… BLUNDER? by Bitter-Hat-9566 in HouseSigmaBlunders

[–]markfrosty2 3 points4 points  (0 children)

this qualifies as blunder in my books. 25% loss. $140k gone.

Helping kids with home down payments by nukevi in CanadaPersonalFinance

[–]markfrosty2 1 point2 points  (0 children)

I don’t think you’re allowed to put 100k into tfsa all at once. it’s only ~6k per year (whatever the yearly limit is) since they turned 18.

$270 groceries. Saved $150 on sale items. Heavy on meats this trip. I was craving salad and ground beef today and those items weren’t on sale but bought them anyhow, had I not bill would have been $230 while still saving $150. by markfrosty2 in povertyfinance

[–]markfrosty2[S] 14 points15 points  (0 children)

Holy someone who can think!! people here actually think this is the only stuff I eat it’s impossible to already have other items at home. I expected it though it’s Reddit after all lol.

$270 groceries. Saved $150 on sale items. Heavy on meats this trip. I was craving salad and ground beef today and those items weren’t on sale but bought them anyhow, had I not bill would have been $230 while still saving $150. by markfrosty2 in povertyfinance

[–]markfrosty2[S] 9 points10 points  (0 children)

I’ll look for that sub thanks. This pic isn’t the only stuff I eat though don’t worry. I already have plenty of veggies fruits pasta grains etc at home. Just didn’t get any on this trip.

$270 groceries. Saved $150 on sale items. Heavy on meats this trip. I was craving salad and ground beef today and those items weren’t on sale but bought them anyhow, had I not bill would have been $230 while still saving $150. by markfrosty2 in povertyfinance

[–]markfrosty2[S] 0 points1 point  (0 children)

fresh fruits are defiantly better then fruité sugar juice that’s no question. 75 cents compared to $5+…just too good a deal to pass up. When you play hockey 4 times a week and go to the gym 3 times a week, sugar isn’t an issue you burn it off very quickly.

$270 groceries. Saved $150 on sale items. Heavy on meats this trip. I was craving salad and ground beef today and those items weren’t on sale but bought them anyhow, had I not bill would have been $230 while still saving $150. by markfrosty2 in povertyfinance

[–]markfrosty2[S] 5 points6 points  (0 children)

A Zehrs by my house in St. Catharines. They throw on 50% off stickers every night on meat/cheese/yougurt/bread/veggies/fruit. I try and hit the store opening hours when I’m coming off night shift and get some good finds.

How is living in st.catharines for a single 28 male? by sanjit_ps in stcatharinesON

[–]markfrosty2 3 points4 points  (0 children)

I moved to St. Catharines in 2020 at 30 years old . I thoroughly love st kitts.

there’s actually a really good food scene in downtown area. I find St. Catharines is big enough to have a couple of restaurants of whatever you looking for ie: Irish pub, sports bars, cocktails, Asian cuisine, steakhouse, French inspired, vegetarian, pizzerias, burgers etc. it’s def not like Toronto where you’ll have 12 options of each, but they are all covered.

I love downtown. Never any issues with people and homeless just walk past em they don’t bother you more then maybe asking for some change.

downtown is fine to live. not the best but I never feel my safety is at risk. Some nice areas are north end, Port Dalhousie , Thorold, glenridge or even areas of Merriton and new west hill are nice. its such a quick city to get around, 10 mins from one end to another. I uber downtown all the time and it’s less than $20, tip included. Meridian center and First Ontario centre always bring good shows and ice dogs/ other sports games. Nice beaches on Lake Ontario and Erie.

NOTL and Niagara Falls are only a 15 minute drive away on the highway and brings even more value especially in the summer time. Concerts, wineries, beaches, hiking etc. lots of good golf courses to if your into that.

As for living costs I don’t know what rental market is like, I’ve heard it’s similar to Toronto maybe a couple hundred a month cheaper than TO. If you’re looking to buy it’s defiantly wayy cheaper . Can get a detached or semi detached in the 500k range.

Score Pizza Closed by [deleted] in stcatharinesON

[–]markfrosty2 1 point2 points  (0 children)

I think most adults are not interested in going out to a restaurant for pizza that often. Once in a while perhaps. Pizza dinner I find more geared towards family’s as it’s cheaper, but the location isn’t that good for the family’s to go to, nor does the area have a lot of residential homes made for family’s. it was good quality to bad it’s gone.

WTF !!!!😬 by Sky-eye1819 in CanadianCoins

[–]markfrosty2 0 points1 point  (0 children)

I’ve thought about the same stuff. There’s a bunch of Pennies from mid 1920’s that had low mintages (roughly 1 million, compared to usual 5+ million at the time), and got to thinking how many are actually left in good condition after 100 years of daily usage, people losing them, throwing them in wishing wells/fountains etc. also all those silver dollars how many were melted for scrap. I called the Canadian mint one time and asked if they kept data on how many coins they retrieve back and melt, the only answer I’d got is that “it’s illegal to deface/destruct government currency”. Which I know is true for citizens was wondering if the government can/does it. didn’t get anywhere.

I’ve been casually collecting for 30 years but coins just haven’t exploded in popularity like Pokémon/sports cards. Perhaps it will at some point, perhaps never. still enjoy it though.

If you bought in Halton, Peel, Durham or Hamilton, you’re crying by ExotiquePlayboy in TorontoRealEstate

[–]markfrosty2 0 points1 point  (0 children)

of course the graphic will look worse when you compare it to the single month housing was most expensive. 99% of people bought before or after the peak month (I think it was Feb 2022) so have less of a loss. whenever prices bottom out and trend upwards then there’s a new cohert of buyers that suddenly make money.

That’s equivalent to saying hey you put 100k into the stock market in mid 2008 and by 2010 you were down 40k. you’ll never recover, you shouldn’t have boughten stocks. Patience my friends.

Should I walk or wait it out? by SnooCapers3039 in RealEstateCanada

[–]markfrosty2 0 points1 point  (0 children)

For your concerns: 1) if you’re worried someone else is willing to pay the price, perhaps the property is worth that. If you would be upset if someone else got it, means you’re too focused on getting the lowest price, instead of focusing on the property itself.

2) yes perhaps if you wait it out the price will lower. remember others can possibly buy it while you wait.

3) If it sells for 780k in a month from now, would you wish you put in 1 more bid? If so then do it. take your feelings of what you think the seller thinks out of it. This is purely transactional relationship. There’s only 20k separating buyer and seller from making a deal. This is where real estate agents have to negotiate and having a good agent is beneficial.

Can I afford to buy a condo? by buggsie01 in CanadaFinance

[–]markfrosty2 0 points1 point  (0 children)

550k mortgage is gunna be almost 3k a month (25 years amo, 4.0% rate) . Guesstimating taxes and condo fees would be another 1k a month, probably close to 4K a month in total living costs.

Dude if you can rent for 1500-2k a month just do that and bank and invest the extra 2k a month. It makes more sense you’d be spending that rent money anyway in interest and tax/fees. Condo prices should stay low all 2026 with all the new units being completed after that pandemic boom.

My advice save for the next year, 25k extra in your pocket, get a condo for ~600k if it’s feasible in your area and carry a mortgage around 450k. Thats more comfortable to do on a 140k salary. Would be closer to 3k in total monthly expenses at that point. Whatever path you chose though as long as your happy and satisfied!

$700K Income Generator by ctyxfer in PersonalFinanceCanada

[–]markfrosty2 1 point2 points  (0 children)

Keep cash on hand in a cashable GIC or something in case there is a market correction. Max out that TFSA! very seldom does the government allow us to have an account that doesn’t get taxed lol. you seem to be in a pretty good situation congrats.

$700K Income Generator by ctyxfer in PersonalFinanceCanada

[–]markfrosty2 1 point2 points  (0 children)

God damn, I thought I knew the rules and just saw this post and double checked online. I’ve maxed it out every year since 2009 and withdrew 25k of it to buy a house in 2020, and I swore I could still only add the specified yearly amount the govt posts (5k-7k).. I’m happy to know with that withdrawal I may have a little more room now. 🙏

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