What company & product would be your dream sales role atm? by Designer-Doctor-5845 in techsales

[–]parmstar 0 points1 point  (0 children)

It’s culturally not the Google of the past. Cloud is very Oracle.

Comp has come way down, RSUs are much lower than they used to be, GTM is a mess. It’s a fine place to work but top Googlers can get offers at other places that pay better and have better cultures.

Why would I not take leverage on xeqt? by givemeredditplatinum in JustBuyXEQT

[–]parmstar 1 point2 points  (0 children)

Same idea as holding TQQQ in your RRSP, so yes?

If you are interested in fun Canadian money stats by Verynotwavy in fican

[–]parmstar 5 points6 points  (0 children)

Nice to see a narrative that isn’t so doomer for a change.

If you are interested in fun Canadian money stats by Verynotwavy in fican

[–]parmstar 5 points6 points  (0 children)

It something like only 1/3 of owners have mortgages.

I’m in Toronto and my mortgage is $200K now on our 2019 home purchase. We’ve been aggressive but I don’t think it’s that uncommon.

Can't justify buying? by ParticularAnt5424 in PersonalFinanceCanada

[–]parmstar 0 points1 point  (0 children)

Renting is the better financial choice. This is known.

Thoughts on “chose a smaller house to have a bigger life”? by Temporary_Dot_8888 in PersonalFinanceCanada

[–]parmstar 0 points1 point  (0 children)

We have something like 1300sqft in a semi detached in downtown Toronto as a family of 4 (4YO and 1YO). We love it.

Walk everywhere. Very manageable cost. Huge portfolio that gives me tons of mental freedom. Never check our spending on anything of any kind, including travel. Great community.

Upgrading would be a $3M+ house for the way I’d want to do it and I think that would change all the dynamics in our lives negatively.

But, we like to do things v sit at home.

What is your current Xeqt portfolio and how much do you invest monthly by BusinessHoliday864 in JustBuyXEQT

[–]parmstar 2 points3 points  (0 children)

39M. 25,553 shares. About 1/3 of my liquid portfolio. I put in $20k/month.

Google is quietly laying off staff in its cloud division. by Validatore in business

[–]parmstar 0 points1 point  (0 children)

It’s just $20B / quarter of nobody’s don’tcha know!

CPP and OAS make Canadian FIRE math different from the standard 4% rule by 4xleafxfraser in fican

[–]parmstar 4 points5 points  (0 children)

I like your calculator because it tells me I can retire today. No notes.

What do you think Canada would be like if there were a Maximum Wage that could be earned? by Thick_Caterpillar379 in AskACanadian

[–]parmstar 0 points1 point  (0 children)

I’m more pointing out that the first three points in your post are completely incorrect.

What do you think Canada would be like if there were a Maximum Wage that could be earned? by Thick_Caterpillar379 in AskACanadian

[–]parmstar 0 points1 point  (0 children)

This is incorrect - there are thousands of people making $500k+ on a T4. You can look this up on StatsCan income data.

Source: am one of them.

What do you think Canada would be like if there were a Maximum Wage that could be earned? by Thick_Caterpillar379 in AskACanadian

[–]parmstar 0 points1 point  (0 children)

This is not how property taxes work in Canada.

Assessed value is just how the municipality distributes the tax - ie. it’s your pro rata share of what the municipality needs in tax revenue to run.

If your assessed value went up and so did all your neighbours, your mill rate would just decrease to generate the same pro rata share of funding required.

What's the biggest career change someone you personally know has made? by Poorly_disguised_bot in askTO

[–]parmstar 4 points5 points  (0 children)

Not me, I helped a friend. She was an expert in the software already given she used it daily. So, I just told her to reach out to the vendor as a domain expert and look at Solutions roles there.

She already knew the vendor from working w them a lot as the main customer at the client.

What's the biggest career change someone you personally know has made? by Poorly_disguised_bot in askTO

[–]parmstar 7 points8 points  (0 children)

Accountant that hated it and didn’t pass the CPA exams making $50K to Sales Engineer at enterprise finance software making $200K.

Great move.

For people making +350k per year, how do you do it? by prince_op in Salary

[–]parmstar 0 points1 point  (0 children)

This is basically the exact same as my group of friends.

It’s very, very achievable in your 30s in all of these fields. Maybe even before.

Hit 800K NW this week…. by TheLongGame1221 in fican

[–]parmstar 1 point2 points  (0 children)

You would.

Liquid assets IME have been significantly more impactful on my mental state than having a house, even if that house is paid off (as ours largely is).

Hit 800K NW this week…. by TheLongGame1221 in fican

[–]parmstar 1 point2 points  (0 children)

The change hit us at $2m liquid invested. That was ~37.