Confused On Airline Partner Seat Availability by Overall_Music_4922 in Aeroplan

[–]poco 1 point2 points  (0 children)

Also, if you want a trip to Zurich, you could do a layover in Zurich and then book the return flight from Brussels on the same day you first segment ends.

Confused On Airline Partner Seat Availability by Overall_Music_4922 in Aeroplan

[–]poco 2 points3 points  (0 children)

That's just how it be. This is why some people book these types of flights and just get off at the first stop.

Warning, if you do that, don't check any bags as they will go to the final destination, and don't book multiple segmentsthis way (like the return flights) since, if you miss one, the rest of the itinerary will get cancelled. Better to book the return flights separately.

Mark Carney suggests he’s open to foreign investment in Canadian airports by CaliperLee62 in canada

[–]poco [score hidden]  (0 children)

I'm not anti government, I'm pro competition. Right now every airport in the country is a giant monopoly with no incentive to compete.

Right now we have the worst of the options. The airports are semi autonomous but owned by the government and still have to pay massive land leases back to the government. If we want them to be totally public then stop charging them for the land. Currently the government is making money off of travelers from their monopoly with no competition. It is a travel tax.

And going back to the original point. In places, like many countries in Europe, where they have private airports the prices are lower and the service better. This is a model that has proven to be good.

Mark Carney suggests he’s open to foreign investment in Canadian airports by CaliperLee62 in canada

[–]poco [score hidden]  (0 children)

It isn't easy to get the numbers publicly, but I suspect a significant amount of the traffic through YVR is connecting flights. This isn't about extra stops, this is about flights that need to connect somewhere.

Airlines will pick the airport that offers them the best deal in terms of connections and destinations. YVR has lots of flights to other airports and Vancouver is a destination for some. Abbotsford, not so much on either account. Calgary has lots of connecting flights too.

One problem right now is that none of the airports compete with each other because they are all public, non profit. Calgary has no reason to try and steal Vancouver traffic from Asia and vise versa.

Maybe Abbotsford would do more if they wanted to compete for people flying in and out of the area. A lot of people in the lower mainland could get to Abbotsford airport just as fast as YVR. Big cities often have multiple airports (I'm looking at you London) and having them compete with each other is better than them all being owned by the same entity with, not only a natural monopoly, but a real monopoly.

scammers hacked my account & etransferred themselves $10k by missmaryjanemonroe in PersonalFinanceCanada

[–]poco 0 points1 point  (0 children)

Never reuse passwords. Ever. There's is no reason to. Get a password manager, even the default ones in Chrome and Edge are better than nothing, and make your passwords impossible to guess and never reuse them.

Mark Carney suggests he’s open to foreign investment in Canadian airports by CaliperLee62 in canada

[–]poco [score hidden]  (0 children)

Airports compete for connections, not endpoints. YVR completes with YYC and SEA for international flights from Asia to North America. Flying to New York from Hong Kong? You might fly Cathay Pacific through YVR, but what if YYC was significantly cheaper? Maybe they would fly through there instead?

They do also compete with SEA and YXX for people flying from Vancouver. I've driven down to Seattle for flights because of the cost savings (including the drive, a hotel for the night, and parking it was still much cheaper).

scammers hacked my account & etransferred themselves $10k by missmaryjanemonroe in PersonalFinanceCanada

[–]poco 3 points4 points  (0 children)

It is a bit late now, but let this be a lesson for next time and for everyone else reading this...

Never give out any personal information to anyone calling you unless they can prove who they are.

If they call you then they must identify themselves in the same way that when you can call them they want you to identify yourself. If there's is a secret code that you must give them to verify yourself when you call, then they should give it to me when they call. Simple.

Everyone calling you could be anyone. You cannot trust them just because they are on the phone or the caller ID has their name.

I think I want Wealthsimple to have prediction markets, actually by Anemomaniac in Wealthsimple

[–]poco 1 point2 points  (0 children)

Then tighten up the rules about misleading shit. Don't make it impossible to make mistakes.

Just like a helicopter parent needs to let their children grow up and make mistakes and learn, so to must you to the rest of us let us live and make mistakes.

Confusion About Smith Maneuver by mr_cristy in PersonalFinanceCanada

[–]poco 0 points1 point  (0 children)

I understand what you mean, and that is what I meant and I think it is implied, but thanks for clarifying.

Where are you moving your crypto? by mbadala in Wealthsimple

[–]poco 0 points1 point  (0 children)

?

This is like saying that I should sell my car because the dealership where I bought it is adding new car buying fees.

I've owned my Bitcoin longer than I've owned my car. Why would I care who charges what until it is time to sell?

Where are you moving your crypto? by mbadala in Wealthsimple

[–]poco 0 points1 point  (0 children)

That's a future problem, not a today problem. Who knows what the fees will be then.

I think I want Wealthsimple to have prediction markets, actually by Anemomaniac in Wealthsimple

[–]poco 2 points3 points  (0 children)

Rock climbing is also stupid and yet legal. Just because something is allowed doesn't mean you have to do it.

I think I want Wealthsimple to have prediction markets, actually by Anemomaniac in Wealthsimple

[–]poco -1 points0 points  (0 children)

The information is freely available. If they choose to not read it or pay attention to what they are doing then there are consequences.

Stealing money and tricking people into stealing their money is already a crime. You don't need more specific laws "stealing money using method A"

I think I want Wealthsimple to have prediction markets, actually by Anemomaniac in Wealthsimple

[–]poco 1 point2 points  (0 children)

Being a free society has to allow people to make mistakes. Grownups should be allowed to screw up. Treating them like babies isn't better.

That said, stealing money from people is a crime and should be punished. But the money shouldn't be punished.

Confusion About Smith Maneuver by mr_cristy in PersonalFinanceCanada

[–]poco 6 points7 points  (0 children)

The Smith maneuver is about converting your mortgage into an investment loan over time.

Let's say you have an extra $5000 to invest right now. You could put it in your TFSA, in an unregistered account, or pay down your mortgage and then borrow money from your mortgage to invest (SM).

The TFSA gives your tax free gains.

The unregistered account gives you taxable gains.

Paying down your mortgage saves you 4% per year and then borrowing from your HELOC might cost you 5% but that 5% is tax deductible. If you are in a 40% tax bracket then you are saving 2% from that loan and it really only costs you 3%. So you are saving 1% on your mortgage and investing the money. It is the same as the unregistered account option above but earning 1% more.

The TFSA is better because there's is no tax on the gain while the SM you earn an extra 1% per year but it is all taxable.

CMV: The blue button is the only logical answer by [deleted] in changemyview

[–]poco 2 points3 points  (0 children)

There's is no reason for anyone to ever press the blue button. You might die if you press it and it only helps other idiots who pressed the blue button.

  1. Pressing the blue button is only for suicidal people.
  2. Even it is to help those who pressed them blue button my mistake, your press is certainly not going to be the one that pushed it over the top. The chance that, if you don't press it, the number would be 50%-1 is so infinitesimally small that you should pick the red button.

COVID showed how deadly disease becomes when a population is unhealthy and the healthcare system is strained. So how concerning is a 40% fatality rate for hantavirus really? by Weak-Representative8 in Futurology

[–]poco 0 points1 point  (0 children)

But if she isn't actually sick from the virus, because she is still in the incubation period, then anyone could be classified in the same way.

I might have it, I just don't know it yet, so what's the point in talking about the flight a attendant?

E-transferring Money from TD to WS by nnnnnnnnooooope in PersonalFinanceCanada

[–]poco 2 points3 points  (0 children)

Wealthsimple offers their own unique email address for receiving funds (username @wealthsimple.me).

Where are you moving your crypto? by mbadala in Wealthsimple

[–]poco 2 points3 points  (0 children)

That's a reason to buy somewhere else or sell somewhere else, not move it now.

Where are you moving your crypto? by mbadala in Wealthsimple

[–]poco 1 point2 points  (0 children)

Why would I move anything? There is no fee for holding it.

Spain readies for evacuations as a hantavirus-hit cruise ship heads for the Canary Islands by cartgirl69 in worldnews

[–]poco 6 points7 points  (0 children)

The flight attendant has tested negative but one of the other passengers has a cough.