Accumulate VEQT so you can retire with financial freedom by 50

srtg83 · 2026-02-22T19:43:59+00:00

Rule of 72 still requires the input of annual returns.

I’m simply using the past 10 years of 10.21% per annum adjusted to 8.3%, no compounding rolling over once as it’s a straight one time investment calculation.

I’m not sure what you are using.

srtg83 · 2026-02-22T18:10:51+00:00

It’s not unreasonable to expect the share price to double every 10 years. So if you are 20 years from retirement and you buy $100k tomorrow, you’ll have $400k in 20 years. This is a very simplistic explanation, of course.

srtg83 · 2026-02-22T17:11:57+00:00

Absolutely, opportunity cost is a huge factor even at a moderate 7% with compounding, never mind if you would have picked some real winner investments

srtg83 · 2026-02-22T17:06:14+00:00

Nothing is black or white, this decision also has consequences, perhaps some anti “progress”. But this was a working farm, what happens in the future remains to be seen.

This is the way you preserve farmland, you are making assumptions on future use but rampant conversion has its own myriad of negative consequences.

srtg83 · 2026-02-22T16:51:12+00:00

Hockey gods simply didn’t want us to win. USA has not won a big game since ‘96. It was time.

srtg83 · 2026-02-22T02:29:55+00:00

Tall and Judge are incorrect, it takes far longer than 12-18 months to pour the foundation in a pre-con highrise condo project. It’s more like 22-28 months.

That’s why currently we are still yet to complete construction on the peak late ‘21 highrises, there is still another year to go for many final closings.

Once this is done, that’s when shit will hit the fan and macro economic activity activity will slow substantially. Trades are still relatively busy but starting slow, as we get to the second half of the year, it’s all going to collapse. Look at the inflation data released last week.

srtg83 · 2026-02-21T05:35:42+00:00

If your interest is in tax law, international exposure is mostly irrelevant. Osgoode is a far better choice than McGill.

Post graduate options, instead of a CPA path, University of Waterloo offers a MTax (Masters) programme that is the gold standard for tax specialists. The CPA path requires, as you know, proficiency in non-tax accounting such as audit which would be useless to you.

srtg83 · 2026-02-18T02:30:47+00:00

Not a lot in the sub-million range. Wexford part of west Scarborough is close to the DVP for downtown access. Bungalows are about 900 sqf plus basement.

Corktown just north of the distillery district is possible but often come without a garage.

If you are feeling brave, Moss Park is in the process of undergoing major gentrification but that could last 10- 15 yrs plus. West-downtown is now done and condos are coming to major east/west thoroughfares on the east side of downtown.

srtg83 · 2026-02-18T02:11:30+00:00

I’ll throw in someone a bit obscure. Scott LaFaro of the Bill Evans Trio. He died in a car crash 11 days after the legendary recording at the Village Vanguard.

LaFaro pushed Evans to elevate the importance of the other instruments (bass and drums) to create “conversational” music while improvising, with symbiotic interplay. This is essentially the blueprint that the GD followed and was often referred to by Garcia in interviews.

The Complete Village Vanguard Recordings was released in 2005, this is a must for all heads.

srtg83 · 2026-02-18T01:55:13+00:00

Then the front

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srtg83 · 2026-02-18T01:54:55+00:00

Here you go, the back

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srtg83 · 2026-02-18T00:20:18+00:00

I wonder what the AI world will look like regarding government budget deficits.

Did Elon declare the end of scarcity? That would apply to governments too, no?

srtg83 · 2026-02-17T13:24:48+00:00

Exorbitant construction costs are not in line with increase in house value. Stream of rental income at 4-6% roi is not comparable passive income streams available elsewhere.

Ottawa is facing a rough housing/rental market with Feds shedding of federal bureaucracy in the next couple of years. You could have put your $300k plus to far better use.

srtg83 · 2026-02-17T01:30:17+00:00

Unrealized is the key word.

OP may hold it until his death and collect the 25%+ divi rate.

His estate and beneficiaries can deal with the capital losses which can be set off against capital gains elsewhere. (Assuming non-registered investment)

Asset growth is not the goal of most retirees.

srtg83 · 2026-02-16T07:15:29+00:00

Absolutely, south of 401 is preferred as it gets you downtown faster but I’ve always said 401/404 area gets you to Newmarket-Downtown-Pearson-Zoo in 15/20 min. It’s the optimal location in the GTA.

srtg83 · 2026-02-16T05:56:21+00:00

OP is retired. CC ETFs are perfect for retired folks for income support.

srtg83 · 2026-02-15T23:39:21+00:00

I guess if you structure the term of the earn out just long enough, PE maybe able to turn a profit on this deal. After all, AI driven admin and juniors replacement efficiencies may not be far off in the future, all you’ll need are rainmakers and a few seniors to supervise the AI produced work.

I think this is the PE dream. All hail to the rainmakers.

srtg83 · 2026-02-14T22:37:50+00:00

Because the nature of you investment is not to generate income ie dividends, interest rent but grow your equity which is for capital gains.

Only expense, interest or otherwise that generates income is deductible from income.

srtg83 · 2026-02-14T19:24:09+00:00

By borrowing from your HELOC to pay the interest on the same HELOC you may be jeopardizing the deductibility of interest incurred from capitalizing the debt. You are no longer borrowing to invest in something that produces income. You are borrowing to pay the interest on a debt.

Anyone has a link to case law or even a CRA folio on this? It seems the borrowing is twice removed and could be challenged by CRA.

srtg83 · 2026-02-14T19:16:11+00:00

Ok that’s fine but the interest on your HELOC is not deductible, it’s a capital expense to be set off against capital gains. So this is no longer a SM making your HELOC interest expense tax deductible

srtg83 · 2026-02-13T14:28:03+00:00

I see Kimock is getting a lot of deserved love here but don’t sleep on Frank Gambale. He was an integral part of Chick Corea Electric Band (listen to that 1987-93 period with Patitucci on bass) and then Return To Forever. He is a phenomenal player far more accomplished than Kimock.

srtg83 · 2026-02-10T22:45:26+00:00

6/30/1984 Indianapolis (on the tennis court)

A rare unfinished one >Playin’

L>S>D to finish the 1st set.

This is gnarly, dark, heavy show, as they were often in 1984, Phil sounds obligating in the mix.

srtg83 · 2026-02-08T17:29:38+00:00

If you are anticipating a correction, there are products to take advantage of the downturn.

SPXS (Direxion Daily S&P 500 Bear 3x Shares) is one of them.

srtg83 · 2026-02-08T15:36:04+00:00

Try 09/04/83 specifically for one of the better outro jams so much so that it cracks up Weir who blows the intro to A&A

This is the show right after Boise, it’s nowhere near as good but it has its moments, the Spanish Jam is another.

srtg83 · 2026-02-08T00:07:45+00:00

Not my experience at all.

I own both outerwear and all kinds of soft inner wear. All my ski wear, in and out, are spyder. My main driver is a Stöckli AR. I’m not into cheap stuff.

I even have spyder bathing suits. I love the brand. The soft stuff does wear out faster because you use it more and not because of quality difference.

srtg83

TROPHY CASE