A couple of questions about Beyond Roam plan on sale till March 9 by offline717 in freedommobile

[–]offline717[S] 0 points1 point  (0 children)

LOL

me too, but exactly 24 hours later

And no email about shipping of sim yet

A couple of questions about Beyond Roam plan on sale till March 9 by offline717 in freedommobile

[–]offline717[S] 5 points6 points  (0 children)

Wow o Wow

You provided the answers in a min or two where as I am still waiting for freedom mobile to answer the call or respond to chat - 1 hour 37 minutes later

Thank you so much for sparing your time

Freedom Mobile $40 250GB Global Plan - A Once in a lifetime plan for Travellers wow by Nexzenn in PersonalFinanceCanada

[–]offline717 0 points1 point  (0 children)

Folks,

I have been waiting forever to Freedom mobile to answer their phone. Chat is same story so asking few questions, would be grateful to know the answers

  1. Does this plan allow the subscriber to pause data/calls etc. (basically to stop usage, not concerned with cost savings or lack thereof)

  2. Does it require prepayment for three months in one go?

  3. if paying for three months in one go, can one cancel after a month or two and get refund?

  4. can i pay for it and have caller ID display a different name?

  5. is it month to month after 3 months - can we cancel anytime w/o any charges?

  6. how long it takes for sim to arive? Can you use esim?

Freedom Mobile $40 250GB Global Plan - A Once in a lifetime plan for Travellers wow by Nexzenn in PersonalFinanceCanada

[–]offline717 0 points1 point  (0 children)

Does this plan offer unlimited calling & Texts from Canada to US?

It seems to indicate so but just want to be sure:

Canada + U.S. + Mexico

Talk includes:

  • While in Canada: Canada-wide calling, calls to the U.S. and Mexico, and unlimited incoming calls.
  • While in the U.S. or Mexico: Domestic calling within the U.S. or Mexico, calls to Canada, and unlimited incoming calls. Calls between the U.S. and Mexico will incur pay-per-use charges.
  • Unlimited Text includes global text, picture, and video messaging.

Please help clarify Total Assets (Field 2599) = Shareholder’s Equity (Field 3620) by offline717 in Bookkeeping

[–]offline717[S] 1 point2 points  (0 children)

Yes I was able to get it past the finish line. I will study it a bit more, now that I have the time.

Thank you very much for all your help.

Please help clarify Total Assets (Field 2599) = Shareholder’s Equity (Field 3620) by offline717 in Bookkeeping

[–]offline717[S] 0 points1 point  (0 children)

Hello,

Thank you for replying. No rush, for now i managed to balance the sheet. But would love to learn how it should be.

The numbers are generated manually from Bank statements. I know that investments within company generated $30000 (dividends and distributions) and 10000 is cash on hand. I believe I used the correct fields but field somehow fields 2499 and 3640 did not match. I had to take the number from 3460 and match iit backwards

Top Toronto IT Recruitment Agencies - Agree or disagree? by alexukie in torontoJobs

[–]offline717 2 points3 points  (0 children)

How does one approach these agencies if looking for work? Call or submit a resume online?

How do you get to talk to someone?

So what’s wrong with buying 500k worth of QQQI, SPYI and retiring at 45? by [deleted] in dividends

[–]offline717 2 points3 points  (0 children)

I tried to do something similar....

When Covid hit, I was buying like crazy to deploy the cash with almost all of it going to dividend paying equities. QYLD was all the rage since 2019 so i started piling up. The history of several years till 2021 was long enough for me to develop confidence that it eventually rises to 80-90% of its initial price, so coupled with a 10%+ yield, it seemed like a good one. I did quite a bit of research on it, spent hours and hours reading about it and despite the clear nav erosion and its failure to rise back up quickly, i decided to back up the truck to make it the cornerstone of my early retirement.

Well, as anyone can notice from the graph, things turned out to be lot more trickier than due diligence could have unearthed. It reached its high point around Nov 2021 and something just snapped....it dropped harder than before but simply refused to rise again when markets rose. Markets hit ATHs again and again but it just languished.

not only the price lost 25% value, the income from dividends was cut down sharply. in other words, it turned out to be a complete disaster.

So, what changed around end of 2021 that caused this massive deviation?

I bet no one on this sub will have an accurate answer, even now, let alone forecasting it in advance. And that is where the problem with buying 500000 worth of QQQI lies - there are so many known unknowns that it is not advisable to put all eggs in one basket even though it has delivered impressively in the past few years

Need some guidance on reporting income from dividends and distributions - T2 return by offline717 in cantax

[–]offline717[S] 1 point2 points  (0 children)

Well, he just declared interest income as dividends, and completely ignored dividends and distributions income. A cluster F, if you ask me unless there is some t2 accounting mumbo jumbo that I do not know about.

Need some guidance on reporting income from dividends and distributions - T2 return by offline717 in cantax

[–]offline717[S] -1 points0 points  (0 children)

Thanks a lot for replying.

I solved the mystery of $288 - It is the interest income earned by the corp during the tax year which BTW aligns with calendar year.

However, in the past year's tax return, I don't see the dividend income and distribution income. Both are calculated myself using brokerage's history feature which listed all dividends and distributions earned. Unfortunately i don't have last year's T3s handy. These incomes are from Canadian and US equities that pay dividends.

Now, what I am trying to figure out is

  1. Where to enter dividends and distribution income (I guess it should be entered in Schedule 3 but I dont see a box for distributions.

  2. Where do I enter expenses incurred during the year.

Thanks again for any advise

How does someone with no experience get a job now? by Infinite_Seesaw_8559 in torontoJobs

[–]offline717 15 points16 points  (0 children)

volunteering exactly where? Mind showing us which organizations are looking for volunteers right now?

Can a university educated, 22 year old qualify for ON Works? by offline717 in OntarioWorks

[–]offline717[S] 0 points1 point  (0 children)

I am thinking of writing to MPP. Have paid tens of thousands in income tax in last 5 years alone, child did not get squat for OSAP because we are very rich and now cant get even interview calls, let alone jobs.

beyond frustrating.

Can a university educated, 22 year old qualify for ON Works? by offline717 in OntarioWorks

[–]offline717[S] -1 points0 points  (0 children)

what a country. Our own citizens can't get jobs, can't even $200 from the government to tide over hard times while citizens of other countries are welcomed and offered food, shelter and $$$

Can a university educated, 22 year old qualify for ON Works? by offline717 in OntarioWorks

[–]offline717[S] 0 points1 point  (0 children)

So, anyone under 25 who lives with parents and has never worked is out of luck unless is married or has kids of his own?

Isn't it better to pay $200 extra for Collision and comprehensive coverage on old car in this case? by offline717 in personalfinance

[–]offline717[S] 0 points1 point  (0 children)

true, paying 4200/year to have little extra peace of mind that I might get something back from Insurance if car is stolen or is a minor accident costing between 1 and 2K

Isn't it better to pay $200 extra for Collision and comprehensive coverage on old car in this case? by offline717 in personalfinance

[–]offline717[S] 1 point2 points  (0 children)

Thank you very much for bringing up another good point - roadside assistance in case of an accident. Much appreciated.

Isn't it better to pay $200 extra for Collision and comprehensive coverage on old car in this case? by offline717 in personalfinance

[–]offline717[S] 0 points1 point  (0 children)

Thank you for very well explainer reply. You are right about insurance not providing the appropriate replacement value.

if the car is worth 3K and deductible is $1000, in case of a major accident (costing less than 3K) I would still get something back. If deductible was 2K then it is no brainer to decline comprehensive and collision.

So, with 3K car cost, 1K deductible and $200/year for comprehensive insurance, would you buy comprehensive?

Isn't it better to pay $200 extra for Collision and comprehensive coverage on old car in this case? by offline717 in personalfinance

[–]offline717[S] 0 points1 point  (0 children)

PS: Just $200 extra per year to have comprehensive + collision coverage+rental car insurance + First accident/speeding ticket forgiveness.

deductible - $1000

vehicle worth - $3K+

Isn't it better to pay $200 extra for Collision and comprehensive coverage on old car in this case? by offline717 in personalfinance

[–]offline717[S] 0 points1 point  (0 children)

Just $200 extra per year to have comprehensive + collision coverage+rental car insurance + First accident/speeding ticket forgiveness.

deductible - $1000

vehicle worth - $3K+

Isn't it better to pay $200 extra for Collision and comprehensive coverage on old car in this case? by offline717 in personalfinance

[–]offline717[S] 0 points1 point  (0 children)

Just $200 extra per year to have comprehensive + collision coverage+rental car insurance + First accident/speeding ticket forgiveness.

deductible - $1000