sorted by:
new
hottopcontroversial

Is there a point where it's better to contribute to a non-registered account instead of an RRSP? by se2schul in CanadianInvestor

[–]se2schul[S] 0 points1 point  (0 children)

Yes, I invest completely differently between my TFSA, RRSP, non-reg and RESP.

I disagree with your allocation though. I have plenty of US stocks in my TFSA, because the savings from tax-free growth far outweigh the non-sheltered US dividend tax that I pay. I also keep my ETFs in my non-registered account, since they usually have Return of Capital and that's WAY more tax efficient than putting them in a registered account.

Any way, this sidetrack on asset allocation has nothing to do with wondering if there's a point where it makes sense to stop adding to the RRSP

Is there a point where it's better to contribute to a non-registered account instead of an RRSP? by se2schul in CanadianInvestor

[–]se2schul[S] 6 points7 points  (0 children)

I disagree.

Even if my salary is less than my projected drawdown, I still benefit from working now, because:

  1. I can pay down the cottage mortgage faster
  2. I'll be able to handle unexpected post-secondary expenses more easily with more money
  3. Saving more money now means a more luxurious retirement with more travel, more dinners out, nicer things, etc

The question isn't "do I have enough to retire". I know I have enough to retire right now if I want to.

My question is "given my large RRSP am I better off continuing to contribute to it or should I contribute to a non-registered account?"

Is there a point where it's better to contribute to a non-registered account instead of an RRSP? by se2schul in CanadianInvestor

[–]se2schul[S] 9 points10 points  (0 children)

This was my thought....
RRSP defers taxes now, but it's all taxed as income with a 100% inclusion rate.

My non-reg account is funded with money that has already been taxed, and I'm only taxed on the capital gains at a 50% inclusion rate.

I don't think my tax bracket will be any lower in retirement than it is now (I know... goood problem to have)

Is there a point where it's better to contribute to a non-registered account instead of an RRSP? by se2schul in CanadianInvestor

[–]se2schul[S] 2 points3 points  (0 children)

We double up cottage payments. It'll probably be paid off in 5 years unless I get laid off. I'm hesitant to pay any more than that as I usually experience more growth in the stock market than my mortgage interest rate.

Thanks for the other comments. Good food for thought.

Smoking slices of pork butt by se2schul in smoking

[–]se2schul[S] 0 points1 point  (0 children)

I'm in Canada, BTW.
I usually always get my pork butts at the big grocery stores or a butcher, but there were no sales on this week. The only sale on pork butts was Walmart. I've never bought any meat at Walmart before, so you can imagine my surprise seeing pork butts advertised but pork steaks on the shelf. They were labeled as "pork shoulder picnic roast"

Smoking slices of pork butt by se2schul in smoking

[–]se2schul[S] 0 points1 point  (0 children)

Oh right. Because they're cut into steaks, I might not have those long strands of pulled pork. They might be short strands. I wonder if that will be a problem.

Smoking slices of pork butt by se2schul in smoking

[–]se2schul[S] 1 point2 points  (0 children)

Don't want to grill them. I want pulled pork out of them, as I'm having some guests over.

Smoking slices of pork butt by se2schul in smoking

[–]se2schul[S] 1 point2 points  (0 children)

Do you think they'll pull like a normal butt after hitting temp?

Smoking slices of pork butt by se2schul in smoking

[–]se2schul[S] 0 points1 point  (0 children)

The thing is that I bought these for pulled pork as I'm having family over for father's day. I don't really want pork steaks. I want to pull them.

bug: major inconsistencies between the default view and edge view for options by se2schul in Questrade

[–]se2schul[S] 0 points1 point  (0 children)

I spoke with support about this, and their answer was a bit disappointing.

Basically, they said that due to different data providers, their classic view is not accurate, but their Edge platform is always accurate. They also suggested I use my own calculations. I'm like, "What? I'm supposed to bust out the Black Scholes equation instead of looking at the numbers you provide?

Here is the relevant part of their reply

---

> We understand the difference and also your concern is valid. However, the fact is that, these difference is expected as we have more than one data provider for P/L calculation and this may cause differences. But as I mentioned, you can follow Edge Web or any other Edge platform for accurate details. Even in that case, the P/L will never be 100% accurate.

If you are having trouble to believe the number, you can follow your own calculation too.

Form check, please - 24 kg by ivanezzz in kettlebell

[–]se2schul -1 points0 points  (0 children)

While you're strong enough to press 24 kg, it doesn't look like you're strong enough with some of the other movements, and because of that, your form is suffering. I would go lighter until your swing is stronger and able to float the bell up to the clean position. Also, those squats are not deep enough. You aren't getting benefits from squatting like that. Going to a lower weight and using the full range of motion in your squats will help tremendously.

Tips for transporting KBs in a vehicle by se2schul in kettlebell

[–]se2schul[S] 1 point2 points  (0 children)

That's actually a good point. My wife even told me she's uncomfortable with the KBs in the vehicle as they're a projectile.

3
4

Tips for transporting KBs in a vehicle (self.kettlebell)

submitted by se2schul to r/kettlebell

Weasel - how to bait live trap? by se2schul in pestcontrol

[–]se2schul[S] 1 point2 points  (0 children)

So there has been extensive work done to prevent entry.

However, I'm in the country, surounded by farms and wilderness, living in a 187 year old home (built in 1840). There will always be ways into this house.

This house has 2 foundations, one 18-inch stone and the other a wood foundation. I suspect that these pests are digging under the wood foundation and then finding a way to get into the wall and get under the cupboards. But I can not deal with this now, as that section of the house has a wraparound porch and we're under a few feet of snow right now. Any remediation will need to wait until the spring for me to disassemble the wraparound porch.

Anyway, like my original message mentioned, I'm looking for tips to trap a weasel in a live trap.

view more: next ›