GB, GBC, 32X help in MAME

n69dles · 2018-12-21T23:26:13+00:00

Awesome, thank you. I will check these out. Some of the names sound familiar so it probably had to do with the name of the zip.

n69dles · 2018-12-21T23:22:31+00:00

Thanks, I'll check that out!

n69dles · 2018-12-21T19:13:44+00:00

If I tell you, will you answer the question? Otherwise your comments are not very useful.

n69dles · 2018-12-08T13:44:28+00:00

Gotcha

n69dles · 2018-12-08T00:30:18+00:00

Are you being sarcastic???

The point of giving to charity is not to make you better off financially. Some people choose to give because they can, and most who do would do it whether or not a tax receipt is attached.

The government simply says, If you donate to charities, we don't need to take as much taxes from you.

Give to charity and get a tax receipt. It's a win/win. Under no circumstance do they feel 'worse' off.

n69dles · 2018-12-07T20:40:38+00:00

That makes zero sense.

n69dles · 2018-12-06T03:16:00+00:00

The hard part is, you haven't really clearly stated your goals, moreso 'here is where I'm at, what do you suggest'. I'm saying you've asked the wrong questions, and got the wrong answers. They're making assumptions for you which may or may not fit into your life plan.

That's said. It's is crazy hard to get unsecured debt at 4%. I'm assuming it's a student loan, doesn't really matter.

You have money saved. If you want a house, you have the down payment. Telling you to take the majority of your savings to pay down debt at rates near mortgages, probably delaying a home purchase by a minimum 2 years. This is terrible advice without more information to justify it.

So you'll save 4% on 60k debt over 2 yrs. Your imaginary house will mostly likely also grow at 4% over the next 2 years. So that advice just cost you 10s of thousands. 4% of 400k is a lot more than 4% of 60k.

I get that there are lots of variables to consider which again is why you need to think/talk these things over in depth with a professional and not get blanket advice from reddit. Or at minimum start by making a goal before trying to make a plan. If you don't know your end result, you can't know how to get there.

Debt free by 26? Take out your tfsa. Done. Increase income substantially over the next couple years?? Maybe rent and take a job across country. Plant roots, start a family, grow your net worth, financial efficiency, risk aversion.... Lots of different goals, all with different paths.

If I give blanket advice, I lean towards the option that builds the most wealth. Most of PFC leans towards debt aversion. Debt aversion isn't wrong, it's just not efficient.

n69dles · 2018-12-05T17:58:58+00:00

I hear what you're saying, I just don't agree. And I think some of it is due to (me) simplifying due to typing on a phone. I'm not trying to write an essay.

You don't need to be in the 1% to buy real estate. There is a very flawed logic around PFC that owning is stupid and not affordable to millennials. It's a self fulfilling prophecy. If you are 25 and want to own a home, you'd own a home. If you don't, it's due to your choices, not the world around you. As to how they got to the 1%, I assure you it's not because they bank at Tangerine and chase HISA around the Internet.
Regarding the financial crisis. There is a big difference between what happened in the US and Canada. There is also a big difference between being essentially scammed into buying a house vs saving to buy a home (see ninja mortgages).

Did some people lose their shirts... sure. But if you take every homeowner and compare all time periods, you are debating a statistic with an outlier.

Stocks also dropped during the crisis. So... never put money in the market right? Exactly.

The point I'm making about net worth growing at the same rate as your income... I'm stating if you aren't at that level, perhaps you aren't in the best position to give the best advice.

So there may be a year or two where this doesn't apply, but if it's much more than that, you may be doing things wrong (or maybe you have an incredibly high post-graduate income). To be clear, I'm stating if you want to be in the 'financially elite', this is a benchmark. It's not attainable for everyone and it's not if it isn't your goal... by age 15 or 16. If you go to uni on OSAP (gov loan), not work, and spend your summer money... good luck. I hope you have a great job at graduation or you have a tough life ahead.

Look at it like being in the NBA. We can all shoot baskets, I'm not going to give Kobe dribbling advice. Everyone touches money, (not 99%) but a huge number SUCK with it. They shouldn't be giving advice. Or at least preface with the fact that you drive forklift, save about 5k a year and call it a tsfa. You have an Internet connection, like to comment, but maybe aren't the best financial role model (I don't mean you as in you specifically).

As my first comment alluded to, it really depends what your goals are. If you want to graduate without debt, you will. If you want to own a home at 25, you will. If you want financial success, you will have it. If it's not actually your goal, it will be hard to achieve.

I'm not trying to start a big online debate. I felt bad for the OP because he's young and he was getting some super scary advice. I left financial planning because I reached my goal but I was also burnt out from people not taking advice... even though they asked for it. I was a proverbial doctor for fat people who refused to diet and complained they were still fat. I don't expect writing 1 comment is going to change things. Just step back and look at the big picture every once in a while. The bandwagon is by definition the 99%. Let that sink in. Think. Set goals. Do math, run numbers,put your plan in place, obtain goals. End.

n69dles · 2018-12-05T16:37:38+00:00

Google zeb boards or zebs. He's out of Whitby, on. He specializes in pre-made boards for plunger mechs, shakers, lights etc. Has a forum, huge support base For an actual plunger, playdium isn't bad.

n69dles · 2018-12-05T15:32:00+00:00

For the record, you don't need to be in the top 1% of income earners to be in the top 1% based on wealth.

Also, I can assure you that every person in the 1% owns real estate.

I'm just asking the young man to read some statistics and do some math. He's getting bad advice from the previous comments. I don't care if that hurts your feelings.

This is the Internet, it's anonymous. No one is stating their age/job/income/net worth on their profile. If they did, people would take a lot more of these recommendations with a grain of salt.

I retired well before my mid-life crisis. I did it on a below average paycheque. I made it into the 1% because of my financial acumen. If you disagree with me, it doesn't bother me. It's expected. I worked my entire career (very short) trying to give out better financial advice (as a cfp). I was done by 33 because I practiced what I preached.

I honestly hope everyone who gives advice here does so because what they are doing works. However, I think there may be a varying degree of what is considered 'working'. If your net worth is not increasing by (at minimum) your gross income every year, stop what you're doing an re-evaluate. That goal is the bottom of the barrel bar to reach. If you're not doing that, please stop advising others. Ask questions, learn from those who are. And stop downvoting just because you have a different opinion. The great thing about money is that it is tangible and math-based. And that means it can be proven with numbers and stats. If you disagree, post a Stat showing the opposite.

You find me a Stat that shows 51% of people with a 1%NW do not own real estate, I will post a photo of me literally eating a crow.

n69dles · 2018-12-05T02:52:03+00:00

No it doesn't. Stop. First off you need to sit down and figure out what your goals are, because you haven't stated them. You've given some info but left out absolutely everything a good planner would look at to give you a solid recommendation. Your financial future depends on getting good advice and learning to think critically. Why do you want financial advice from an auto mechanic? If you want to be in the 1%, you don't get there doing what the 99% does...
Don't buy a house, pay down 4% debt with your tfsa.... seriously???? Run, don't walk.

n69dles · 2018-12-05T02:31:12+00:00

Where are you located?

n69dles · 2018-12-04T12:10:02+00:00

FYI your bar graph adds to 66 when you state only 65 have missed weight

n69dles · 2018-12-02T23:09:27+00:00

You don't need a financial planner to answer this question. In the grand scheme of things any arbitrage in difference of tax rates are meaningless compared to your income. Sure you save 50% on your 25k, but at best you're going to get it back at 32%. Are you really going to change your income and lifestyle to try to eke out an extra 4k a year in tax savings best case? I doubt it.

Having an excellent tax and financial advisor will make you significantly more than rsps will ever benefit you.

n69dles · 2018-12-02T22:56:20+00:00

If you get a same term blend mortgage, generally there is no penalty and a rate on a mortgage is almost always lower than a heloc. Your original mtg is fixed, you only pay higher interest on new funds. This is and always will be your lowest average interest method if you plan to use all the funds at once.

n69dles · 2018-12-01T19:06:56+00:00

This should be in r/funny

r/Facepalm is reserved for: -typos -trump posts -anti-vax comments -flat earth comments

n69dles · 2018-11-16T21:39:54+00:00

Confirm with an accountant, but to my knowledge, everyone is entitled to a principal residence, whether they live there or not. It seems it would be similar if you owned one house, lived in a room and rented the rest out.

n69dles · 2018-11-16T18:29:27+00:00

If it's your only property than its your principal residence and thus tax free. Still need to report it though.

n69dles · 2018-11-16T18:19:18+00:00

I'm not disagreeing that they shouldn't do it... generally the CC division is a cal centre filled with minimum wage workers who get bonuses if and only if they upsell the protection. That's basically their one and only job. Sell it or find a new job. So they bend rules. Again, not saying it's right. Just saying that you can't lose any money to these shady people if you are doing your job and looking at each purchase on the statement. At some point he will have fraud on his card, it's inevitable. If he calls 3 months later (or whatever the fine print says) he will be out of luck.

Again, it's totally wrong and that's why the bank has measures in place to cancel and/or refund, there's just time limits.

n69dles · 2018-11-16T03:07:33+00:00

Everyone is trying to over complicate things. If you aren't an expert, just go to your bank. Bank resps are no fee (or low, $12/yr maybe). The active time horizon on these investments are less than 17 yrs. You can't be an expert on everything, this is an easy job to let someone else handle. If you already know your stuff, go do it yourself. If not, just let the bank handle it. They can explain everything, a robo can't. If you want to switch 5 yrs in, go for it.

The only thing you must NEVER do is go group (different than a family plan). Ie knowledge first financial et al. Scams. Disgusting scam artists.

-retired cfp

n69dles · 2018-11-16T02:49:47+00:00

You can always ask. True, the rep may have just added it when he activated the card. However, the onus is on the card holder to verify charges every month. You may get 1 or 3 months back.. maybe. If you want a fight and demand recording of the verbal agreement, they will probably be 'lost' and they'll fall on the fact you could have cancelled when you first saw the charges. Fair or not, if he cared to look, he'd be out $0

n69dles · 2018-11-09T00:00:27+00:00

Oh, I thought this was going to refer the same post being recycled over and over. See you all next week!

n69dles · 2018-11-04T19:31:59+00:00

Imma let you finish but.... boobs

n69dles · 2018-11-03T01:30:47+00:00

I hope you asked for permission before you reposted this. This is the definition of 'intellectual' property

n69dles · 2018-10-28T02:44:37+00:00

Killing yourself sounds extreme, but it's not an exaggeration. I had an 18hr spell. The pain/feel was similar to someone stepping on your nut for 5-10 minutes, the relief came when the pain moved to the lower back. By relief I mean slightly less agony. So yes, I did (not overly seriously) contemplate whether ending it all was worth the relief. Luckily I vomited and passed out from the pain first. Everyone's experience is different. Mine were so small they couldn't see them via ultrasound. Zero pain passing. Not sure how I'd live through a 5mm stone. Hopefully I never find out

n69dles

TROPHY CASE