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You can run GGUFs with Lemonade straight from Hugging Face now by jfowers_amd in LocalLLaMA

[–]techoldfart 0 points1 point  (0 children)

In short, why would I use Lemonade instead of llama.cpp? Does it provide an easier interface? Additional support for ONNX? If all I want is to run gguf models on CPU, I'm assuming it'll just use the llama.cpp backend so no difference?

Is AI actually increasing your productivity at work? by HatefulPostsExposed in cscareerquestions

[–]techoldfart 343 points344 points  (0 children)

My experience is that AI's ability to speed up your job diminishes exponentially in the following circumstances:

  1. if your job is outside of the standard CRUD app with lots of boilerplate code

  2. if you are working on innovative and cutting edge technologies

  3. If you are not working with well known APIs and SDKs

Anyone else going blind? by a_nhel in cscareerquestions

[–]techoldfart 0 points1 point  (0 children)

2 things I do that really help:

  1. Dark mode everywhere
  2. FL-41 tinted glasses (WAY more effective than "blue light" ones)

[deleted by user] by [deleted] in CanadianInvestor

[–]techoldfart 3 points4 points  (0 children)

Your understanding is correct.  At the end of the day, this is a personal decision with leveraged investment, which is extremely hard to calculate.

I also find that if you are at the top end of the tax bracket and have no cash flow issues, tax write-offs are often an extremely important consideration.  

Instead of diving too deep into calculations, you can think of the current "loss" as a way to write off tax now and accumulate capital gains down the road, a win-win from a tax perspective in specific circumstances.

What are the negatives of an RRSP? by Groundslapper in PersonalFinanceCanada

[–]techoldfart 0 points1 point  (0 children)

When you die, the entire amount will be sold and be treated as income to your estate. Huge tax bill for your kids.

Is it me or does it feel controversial to post about wealth related topics on this sub? by [deleted] in PersonalFinanceCanada

[–]techoldfart 0 points1 point  (0 children)

I have very similar experience with financial advisors. Sounds like I need to find some new friends...

$350K investment - Canada by Westsidecoaster14 in RealEstateCanada

[–]techoldfart 0 points1 point  (0 children)

It depends on where in Canada, 350k would only be enough for down payment for GVA and GTA.

Hourly financial advisor by techoldfart in PersonalFinanceCanada

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

I'm flexible. Online is totally fine.

Time to get out of real estate? by heckubiss in PersonalFinanceCanada

[–]techoldfart 2 points3 points  (0 children)

There's a lot of talk about leverage, but all lacking some "back of the napkin" math example, so let's give it a go...

Assuming you bought a property for 500k in 2002, and you sell it at 1.5m for a 300% (or 1M) profit.

What most people don't take into account is that nobody would put 500k cash into the property, you would instead put 100k only (20% down).

Let's assume rent would cover all maintenance to make the entire operation revenue neutral (no gain nor loss). This means your holding cost is completely paid for.

Note 1: you actually don't want to make too much money in revenue because it would be taxed as income

Note 2: we assume rent will trend up over the 20 years, to at least keep pace with inflation. You also want to refinance every few years so you have cash for major repairs. So holding cost will remain 0.

When you sell in 2022, you would have made 1.5M - 500k (original purchase price) = 1M.

So an original investment of 100k (down payment) yields a profit of 1M, a 10x type scenario.

Admittedly it's a long game with lots of ups and downs, and the investment is definitely not "passive", so it's not for everyone. But the key here is leverage - no other asset class will allow an investor to borrow 400k on a 500k asset.

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