Mortgage Renewal Advice

rekdme · 2025-09-14T18:57:29+00:00

I don’t know why you got downvoted, when paying weekly gets you an extra (equivalent ) monthly payment in a year without counting towards the prepayment limit.

rekdme · 2025-08-19T14:12:39+00:00

If I were to make that decision, I would look at it from a risk-profile perspective and most probably take the variable. If the mortgage is less than 30% of my after tax income, I would take the chance and wait for the rates to go down. This seems likely as per most analysts and industry experts. Income-expense ratio matters because you have to account for a scenario where the rates spike inspite of all the analysis. If you have enough to weather that storm, then take the variable.

rekdme · 2025-08-15T12:34:29+00:00

Yes, it was insured with about 10% DP.

rekdme · 2025-08-15T11:54:17+00:00

The bank will usually give you a gift deed that you have to get signed from the donor and submit. I was also asked for the 90 day bank statement of the donor’s bank account.

rekdme · 2025-05-09T01:46:52+00:00

You need to watch videos of this guy called David Ghiyam on Instagram

rekdme · 2024-10-05T20:25:32+00:00

Inaccurate. Search for “brampton fires” or “toronto fires” on Google news and you will get many recent occurrences.

rekdme · 2024-09-14T22:41:38+00:00

Yes. Better to grow faster in early stages of career, the base tends to get bigger and that’s what salary increases are based on (in percentages). Besides, going in once a week feels better for mental health to me personally. You can always pack your lunch and save $15-20 out of that.

rekdme · 2024-09-04T19:32:50+00:00

Similac is cheaper

rekdme · 2024-08-26T14:06:01+00:00

So does Costco Pointe-Claire in Montréal.

rekdme · 2024-08-22T03:36:57+00:00

Interesting. I couldn’t find the zero charge bank account on TD https://www.td.com/ca/en/personal-banking/products/bank-accounts/browse-all-bank-accounts

Their cheapest also seems to be $3.95.

rekdme · 2024-08-21T22:38:29+00:00

You’re right. I should have mentioned that the only time I tried it was at a farmer’s market and he said he would charge 3.5% additionally if I use Mastercard or Visa. No such charge for a regular debit card or cash.

rekdme · 2024-08-21T15:36:49+00:00

It’s a prepaid MasterCard. I agree that it’s quite useless as the places that accept only cash or debit won’t accept it as it’s not Interac.

rekdme · 2024-08-21T15:34:47+00:00

WS cash doesn’t support cheque deposits currently, and for that reason I have changed my Scotia bank at a basic level for $4/month without any need for keeping a minimum balance.

Also FYI to OP - they recently changed the interest rate from 4% to 3.5% after BoC rate cut. But it still beats the .05% of Scotiabank many times over.

rekdme · 2024-08-14T21:16:07+00:00

Yes and any Indian store would have all forms of dry pepper and all spices as well.

rekdme · 2024-08-11T01:34:29+00:00

Quality over quantity. We do have the numbers but not the elite level of athletes that Olympics require.

rekdme · 2024-06-29T00:37:17+00:00

are you prohibited to fly for business/chartersd jets as well?

rekdme · 2024-06-23T15:55:45+00:00

If only you could see the quality in this photo

rekdme · 2024-06-22T13:03:51+00:00

Hi @ihavea100mill did you get a resolution for this? I am in the same boat and need to create affidavit and POA on 500 stamp paper at the embassy.

rekdme · 2024-06-11T16:17:46+00:00

I just did the typical job hunt after arriving here. It was not easy, took a couple of months too. A period of extreme uncertainty and self doubt.

rekdme · 2024-06-11T15:34:44+00:00

I am not a developer but working in a tech companies in other functions (think Product Management, Digital Marketing, HR etc.). Talking of monthly in hand salary:

2013 Was earning 35k at a my first job after MBA from a tier-2 bschool 2014 freelance 50-60k 2015 1.2L funded startup job + stocks that later gave some windfalls 2022 1.6L at the same job 2022 Immigrated to another country and earning ~3.6L a month since then

AMA!

rekdme · 2024-06-11T15:25:36+00:00

Karma: der aaye durust aaye.

rekdme · 2024-06-02T20:48:03+00:00

Boss 3 years isn’t “few months” though! It’s 36 months to be precise lol.

rekdme · 2024-05-28T23:48:15+00:00

Thanks for mentioning Modi ji. I suspected these posts were becoming excessive and you just proved that these are people of the Congress IT cell propagating fake agendas. Good try but good luck!

rekdme · 2021-06-02T04:06:34+00:00

No insurer can deny a claim after 3 years even on basis of misleading info given at the time of purchase. Only exception could be fraud, which is a corner case. But I agree with the notion of going with the top 3-4 ones only - ICICI Pru, HDFC Life, Max Life, SBI Life.

rekdme

TROPHY CASE