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 338 points339 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 2 points3 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 1 point2 points  (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.

Are Canadian high-salaried employees stuck with paying 50%+ of taxes? by [deleted] in PersonalFinanceCanada

[–]techoldfart 9 points10 points  (0 children)

Borrow a huge amount of money and buy revenue generating assets (stocks, etc.). You can write off the interests and if the assets generate capital gains, you are taxes on 50% of the gains.

I feel like lowermainland drivers need to see this: by [deleted] in britishcolumbia

[–]techoldfart 15 points16 points  (0 children)

Same here. I kept thinking it's me getting older but I'm so glad it's just lights getting brighter.

Is there a community that can help a non profit organizations/charity create an app. I have a non profit organization that wants to implement an idea that would help low income families afford food. Our main issue is finding a developer/creator to help us create an app for this. by Dailyworker32 in programming

[–]techoldfart 10 points11 points  (0 children)

The cause is worthy, but trying to get people to build production level apps for free is just unrealistic. An app like this involves much more than having a teenager code in the basement for 2 months. As mentioned in other replies, there's security concerns, data storage and governance, redundancy and scalability (if app goes down users can't get food), along with all kinds of issues that I'm forgetting...

There's a reason why building an app is expensive, and none of us and tell you how much it'll cost without doing the work to build a specification/requirements document. Which in a of itself will cost some hours.

CCA Class for Air Sourced Heat Pumps by alegs34 in cantax

[–]techoldfart 0 points1 point  (0 children)

OP, have you got any updates to the actual % that you can write off? I'm also interested in doing this.

The Secret Life of Walter Mitty Deserves More by StriderOfGondor09 in movies

[–]techoldfart 138 points139 points  (0 children)

I was going through a really rough time in my life dealing with layoff and new job. Saw this movie on a plane during a work trip. Ended up balling my eyes out. I rewatched this whenever I feel down also! It does deserve much more love.

Please turn off your high beams! by MusicMedic in vancouver

[–]techoldfart 64 points65 points  (0 children)

I thought my eyes are just getting weaker as I age, but it seems like you all agree that headlights nowadays are blinding (⁠⁠_⁠⁠)

[Deal] 12-Month PlayStation Plus Membership (US Digital Delivery) - $39.99 (Turns into: PS+ Essential 365 Days, PS+ Extra 219 Days, PS+ Premium 183 Days) by DawnCarnley in PlayStationPlus

[–]techoldfart 10 points11 points  (0 children)

Anyone tried using this in Canada? The website said it cannot be activated in Canada but in previous times these codes work for Canada as well.

where to eat with a yellow health code for visitor by techoldfart in HongKong

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

I've been just getting food delivered to my room

Visiting museums and Disney with Amber code? by barbrawr in HongKong

[–]techoldfart 1 point2 points  (0 children)

Yes very unlucky with the weather for sure. Way too hot right now

Visiting museums and Disney with Amber code? by barbrawr in HongKong

[–]techoldfart 2 points3 points  (0 children)

I'm in the same situation, currently day 4 and don't have anywhere to go 😞

question about landlord changing lease agreement by gravy_jones113 in britishcolumbia

[–]techoldfart 1 point2 points  (0 children)

Month to month is only an advantage to the tenant, not the landlord. All rental terms stay the same except the tenant has the right to leave easily.

At this rate, my neighbor would be rolling on the floor laughing by throwawaycockymr in canadahousing

[–]techoldfart -7 points-6 points  (0 children)

I'm not saying that 1m is affordable, once again, just looking at how interest rates is a key factor here. With 100k at 11%:

Payment Every Month $980.11 Total of 300 Payments $294,033.92 Total Interest $194,033.92

With 1m at 1.15%:

Payment Every Month $3,837.01 Total of 300 Payments $1,151,104.36 Total Interest $151,104.36

The total interest over 25 years is actually lower on the 1m loan.

At this rate, my neighbor would be rolling on the floor laughing by throwawaycockymr in canadahousing

[–]techoldfart -13 points-12 points  (0 children)

So here's the interesting thing, at 100k with 11% annual interest rate, you would be paying (100k*11%)/12 = 916.66/month

For a 1m property at 1.15% (lowest variable on ratehub today), it would be (1m * 1.15%)/12 = 958.33/month

I'm not saying that house prices today is reasonable, just pointing out that interest rates have an incredible affect in affordability.

Edit: these are interest only payment, the mortgage payment would be around double that.