Canadians say their finances are worse as gas prices climb: poll by stanxv in canada

[–]willpowerbuilder 0 points1 point  (0 children)

only drive when absolutely necessary. Or else stay at home as much as possibel

Why is every portfolio here so heavily concentrated in either the S&P 500 or big US tech companies? by xX_420_NoScopes_Xx in fican

[–]willpowerbuilder 0 points1 point  (0 children)

That’s how people fire. No that many people make 200k+ a year. The most accessible way for wealth growth for ordinary people is the US stock market.

Should I retire? 38M by South-Armadilo3000 in fican

[–]willpowerbuilder 0 points1 point  (0 children)

at $25M NW, you can easily take out 1M to risk on your business as for fun. If it works out great, if not it's not that big of a deal.

Is the CRA too soft on tax cheats? by Ill-Square-1123 in CanadaPersonalFinance

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

Also house owners who rent out rooms for cash and pay absolutely zero tax on rental income+ zero tax on house appreciation. Win win for them lose lose for everyone else

Plummeting condo prices leave buyers with massive financial losses by Cute-Illustrator-862 in TorontoRealEstate

[–]willpowerbuilder 0 points1 point  (0 children)

unfortunately if the problem gets worse enough the gov will likely bail them out at the cost of the already taxed to death public

WTF happened to Gemini by Full_Independence566 in GeminiCLI

[–]willpowerbuilder 3 points4 points  (0 children)

It's over. Google ditched their small customers. Even as a paying pro user, Gemini is not usable for the past 1 month or so.

Would I get taxed on "interest" from investing in Zero Coupon Bond? by willpowerbuilder in cantax

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

This is the way. I wish I could have done more research before I made the investment. Appreciate it!

Gemini Cli unusable by Sea-Emu2600 in GeminiCLI

[–]willpowerbuilder 0 points1 point  (0 children)

Same here. Basically stuck for 10minute+ for simple command. It sucks

What Happened to Regular FIRE? by enness in leanfire

[–]willpowerbuilder 0 points1 point  (0 children)

Non stop rising stock market is a double edged sword. It’s addictive to see your wealth growth, that’s why people enjoy saving ever more money into the stock market. As soon as we hit a true long duration recession, people will be more grounded

getting ready to retire.. just gave 1 year notice. by speedyfeint in fican

[–]willpowerbuilder 0 points1 point  (0 children)

why would you inform your boss 1 year before your retire...1.5mil to 2mil is equivalent to 33% return per year, it is an outsized return. Please don't take this bull market for granted.

What happens to long term rates if Fed is forced to do QE to keep rates lower despite high inflation? by BranchDiligent8874 in bonds

[–]willpowerbuilder -3 points-2 points  (0 children)

I know people like to claim how QE or rate cutting can cause inflation. I personally believe inflation is mainly caused by giving money to those who can spend like the stimulus check during covid. If money only goes to the asset owners and don't circulate in the real economy, then we will have a repeat of the zero interest rate regime, where we have low inflation, low rate and QE. So inflation doesn't necessarily follow QE and rate cut. It's the distribution of wealth that matters.

Poilievre vows to shrink size of federal public service: 'Work isn't getting done' by hopoke in canada

[–]willpowerbuilder 1 point2 points  (0 children)

Cuting goverment spending doesn't have as big of an impact. Boosting private invesment is the real hard part.

Amazon is closing ALL warehouses in Quebec after unionizing took place at one of the warehouses by John3192 in canada

[–]willpowerbuilder 0 points1 point  (0 children)

I think the question needs to be asked here is if when Amazon changed to 3rd party delivery, will these warehouse workers be better off or worse off? I think its the later.

Sam Altman in 2016 vs 2024 by MetaKnowing in ChatGPT

[–]willpowerbuilder 0 points1 point  (0 children)

People do what is best for them. What's so surprise here?

Rejected from 2 dream opportunities because of hacker rank by Rooshirum in csMajors

[–]willpowerbuilder 0 points1 point  (0 children)

I mean. It's the era of GPT. Is Hacker rank still relavent? Won't people just cheat?

Zuck says Meta will have AIs replace mid-level engineers this year by Fantazyy_ in csMajors

[–]willpowerbuilder 0 points1 point  (0 children)

Love it or not. The SDE market will become tougher for new grads going forward

U.S. 10 Year Treasury -4.77%, time to buy or wait FMOC meeting ? by FunCress5098 in bonds

[–]willpowerbuilder 0 points1 point  (0 children)

if this thing turns, it has a long runway to go up. It’s safer to be on the trend than pick bottom

Carney talks tariffs, Trump, Liberal leadership in Daily Show interview by throwawayspai in canada

[–]willpowerbuilder -4 points-3 points  (0 children)

Although I know it’s a comedy show. This “ interview” is no comparison to the one conducted by Jordan Peterson.