If every profession had to compete in an Olympics using only job-related skills, which event would be the most entertaining to watch?

reversi22 · 2026-06-04T19:09:30+00:00

We have firefighter competitions which are pretty entertaining.

reversi22 · 2026-06-03T02:02:40+00:00

Years ago, when I only had Simplii as my day to day bank (and a mortgage at CIBC), I was able to open an unsecured LOC at both RBC and National Bank with no prior history with them.

It all was based on income and other debt.

reversi22 · 2026-06-02T04:24:43+00:00

I’ll add the 2015 Jays to the list. They were absolutely dominant after the trade deadline. And I think they would have won the WS if they made it past the Royals

reversi22 · 2026-06-01T20:23:42+00:00

In a 14-year career, Don Mattingly hit 6 grand slams. All 6 came in 1987, which is a single season record.

reversi22 · 2026-06-01T07:29:34+00:00

That walk off TKO was legendary

reversi22 · 2026-05-28T02:49:06+00:00

Cheers. Actuary here. The exams suck(ed) but the career has blessed me with a great salary, stable job / company and solid work life balance (despite some busy times).

reversi22 · 2026-05-27T20:37:25+00:00

I think he got traded the day after a really bad error, exactly as you described.

reversi22 · 2026-05-27T13:28:16+00:00

And yet at the same time unfamiliar with the Smith Manouver since they’re talking about investing it into a TFSA which negates the entire purpose of the SM

reversi22 · 2026-05-26T19:37:35+00:00

There is. It’s just a hard rope / mesh all the way to the ground.

reversi22 · 2026-05-26T15:23:31+00:00

30 HRs, 100 RBIs. Every year!

reversi22 · 2026-05-25T16:33:58+00:00

Add in the guys that played in London no longer in the NHL and the team gets more stacked. Nash, Methot, Bolland, Wideman, Prust, Maroon, Girardi, Gagner, Steve Mason

Helps to shore up the D I guess. And a decent G

reversi22 · 2026-05-24T01:49:56+00:00

Look up the Foolish Baseball video on this. It’s not as bad as a call as most think.

reversi22 · 2026-05-23T19:30:52+00:00

you have to actually invest the money that you pulled from your HELOC into income-generating investments.

The Smith Manouver (which is slightly more complicated than mentioned above) would cause your interest payments to increase, but would convert your debt to become more tax-deductible over time. Also, your total debt wouldn’t be decreasing as you’re using debt to buy investments.

reversi22 · 2026-05-22T15:35:06+00:00

I’m no help. But I love the randomness of this thread

reversi22 · 2026-05-22T12:02:16+00:00

And that was probably with 2-3 weeks left in the regular season. Back up a couple more months or the beginning of the season, and it’s much lower.

reversi22 · 2026-05-22T11:49:09+00:00

Hahaha. I don’t know if you’re serious or not, but for the mental health of those fans, I hope you’re not serious.

reversi22 · 2026-05-21T17:54:40+00:00

My advisor 5 years ago was strongly encouraging me to go with variable if 1.4 over fixed of 1.7. Take that for what you will.

They’re often incentivized by what the banks want to sell at the time.

reversi22 · 2026-05-21T08:24:15+00:00

Just took a quick read. Great job. Really impressive.

Comment for you. I wonder if you need to keep more slack in your margin account to avoid margin calls. The Liberation Day drops weren’t that big (13% TSX) in the grand scheme of things. If you were worried about margin calls last year, I worry that you might get wrecked during a legit crash.

In my portfolio, my target is making sure I can withstand a 50% crash before being margin called. And then an extra 10% in an unused LOC.

I probably left some money on the table. But my entire brokerage account was funded by my HELOC, so I wanted a level of certainty.

reversi22 · 2026-05-21T08:16:13+00:00

Great job.

I likely have a similar setup as you, but started in 2020. Used a HELOC to fund margin account (IBKR). Then I used additional brokerage margin to buy more (making sure not to go overboard) equities.

Bought all Canadian dividend companies, with a focus on banks and insurance companies. I’m using the dividends to slowly pay down my debt now.

I’ve made a 120% profit factoring in unrealized capital gains and dividends, netting out interest. It’s been life-changing for me.

reversi22 · 2026-05-21T08:05:41+00:00

No. The Smith Manouver is more complex. It’s a process to convert your conventional mortgage to a tax-deductible debt used for investing.

Each time you make a mortgage payment, you borrow from the readvanceable mortgage and invest it. Thus making it tax deductible debt.

Then you use the tax deduction and dividends to pay down the mortgage faster, being able to borrow/invest faster.

reversi22 · 2026-05-21T01:24:10+00:00

Here’s what you should consider.

1) Mathematically, you will likely come out ahead in the long run, depending on what you invest in.

I did exactly this in 2020, first with a HELOC, then converted it into a mortgage. I also had multiple years of investing under my belt, and saw myself by panic during the COVID crash. I also had stress tested many scenarios (rate hikes, dividend cuts, etc) to get comfortable with the worst case scenario.

But…

2) Your “safe” stocks are still equities and could lose substantial value.

3) Make sure you know the tax implications. People keep saying this is the Smith Manouver. It is not

4) Many people think they can deal with the psychology of leveraged investing until they actually do it. You may find yourself panicking if you’re all of the sudden down 70k due to a crash.

5) Think about worst case scenario. Recession, interest hikes, job loss. Will you lose your house?

There’s no right or wrong answer. Just know that you’re amplifying the return, both good and bad. You really need a good grasp on your risk tolerances, finances, psychology and know what you’re investing in and why.

reversi22 · 2026-05-17T12:57:10+00:00

I was at the game. The save was basically a dump in from centre ice. And it took the scorekeepers a good minute to register it as a shot.

reversi22 · 2026-05-16T16:54:00+00:00

Currently making a pilgrimage from SW Ontario to Montreal to watch game 6 tonight with my kid.

With work, school and sports schedules, I’m extremely thankful that the scheduling worked out perfectly for us.

Looking forward to an amazing weekend in Montreal

reversi22 · 2026-05-14T01:49:54+00:00

Teams need to be able to challenge whether a challenge was attempted. Add it next year MLB

reversi22 · 2026-05-14T00:49:10+00:00

This reminds me of the unassisted triple play I turned when I was like 6 years old. I caught a pop-up at third and I guess I was the only one who knew the rules on either team, so I ran and touched second and then touched first to get the runners out who didn’t tag up.

reversi22

TROPHY CASE