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Enfys posted:This is a long one as OP originally posted in r/relationships but very If there is a god, hell should be full of people like this man's parents.  That's royally hosed up.
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Jul 4, 2017 12:53
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It was dumb for the girl to come out to the parents but it only looks "reckless" post-hoc. Dude clearly didn't expect his parents to lie to him, defraud him, and use the money to put his sister in such a dire situation. Girl probably thought they'd disown her or kick her out at worst. Edit: I agree the guy was too trusting of his parents though. I hope his sister survives this (unironically - people die in those camps).
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Jul 4, 2017 16:26
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https://www.reddit.com/r/PersonalFinanceCanada/comments/6l3at3/should_i_sell_my_calgary_condo_i_moved_to_the_gta/quote:In 2014, I was living in Calgary, and I bought my first home (a 900 square foot condo, two bedroom condo in the suburbs). I was working in oil and gas, and I had a lot of extra cash. I invested some in stocks, but I thought I should buy my own home too (as an investment; and I wasn't liking the apartment I was renting). Lol at this clown. $1984 per month expenses on $1600 per month rent, and not even factoring in the costs of getting new tenants, which can run you up to a month's rent not counting the time when your property is vacant. Double lol at him thinking he'll get $1600 per month. I know a guy renting his house out for $1700 right now after the bottom of the market fell out. Triple lol at "little risk of payments going up" as interest rates in Canada are almost certainly going up soon and it's all over the loving news right now. Quadruple lol and now i'm dead at "should i buy a place in Toronto?"  Amateur landlords never cease to amaze me. God bless mine for subsidizing my living expenses though.
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Jul 4, 2017 18:05
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Ixian posted:This guy will probably be paying that the rest of his life or close enough. Same reason otherwise GWM people keep buying houses in the middle of bubbles - "it's good debt!" A lot of the old personal finance advice is becoming outdated but nobody seems to be questioning it.
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Jul 5, 2017 21:35
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Twerk from Home posted:This varies dramatically by local market, but trying to time the housing market is like trying to time any other market: not a long-term winning plan. One of the arguable signs of a housing bubble is rents are significantly cheaper than mortgaging and investor/landlords are losing money on houses month-to-month, because the demand is among investors not people that will buy and inhabit. You'll also see a lot of vacant houses in a bubble market, for example. I absolutely agree that this will vary by market. That's my problem with advice like "housing debt is always good debt".
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Jul 5, 2017 21:54
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Just to clarify, I'm not suggesting you should try to time the housing market, but if the cost of a single family home is 12x your yearly gross family income then maybe buying said house might be a BWM move and you should ignore people who say "all mortgage debt is good debt ".
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Jul 5, 2017 22:05
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Good Parmesan posted:A healthy 1,100-pound horse will eat feed and hay costing from $100 to more than $250 per month on average. Doesn't have to cost that much to feed your horses 
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Jul 6, 2017 00:42
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Ebola Roulette posted:4 horses: food, shots, medical, etc: $3,500/year. Ebola Roulette posted:Chinese Take out 2-3x a month = $100/month. It's my only indulgence.  Pets are an "indulgence" and horses are a goddamned luxury. Jesus.
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Jul 6, 2017 22:12
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AreWeDrunkYet posted:Standard early retirement fare - get good-paying work young, save every penny possible, and you have a solid shot of being able to live off the savings by ~40. Some of the information is a bit dated at this point. I think it's worth noting that they basically invented the FI/RE genre. The investment advice they gave is the most outdated part but I read they've somewhat updated it in more recent editions. I actually like the book and the idea of calculating your actual hourly salary (i.e. subtract money spent supporting your career, count long commute times as "working hours", etc) and then seeing how many "hours" the things you buy actually cost you. I do think the voluntary poverty lifestyle they espouse is pretty extreme and not worth it, and it might push some people to go into BWL territory trying to achieve it, like eating out of dumpsters  .
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Jul 7, 2017 01:46
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This is probably going into derail territory but I found this tool to be a good one for estimating if your savings will support your retirement (early or otherwise): http://www.firecalc.com
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Jul 7, 2017 04:03
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Tiny Brontosaurus posted:I think Nick Denton was a mere millionaire. Pathetic. Edgelord defense never works. The writer should have tried screaming "it was just a PRANK relax bro" from the stand over and over.
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Jul 11, 2017 00:26
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Tiny Brontosaurus posted:As I understand it your critical thinking skills are mostly a factor of your relationship with authority. Children who are taught to question authority can be taught critical thinking skills more effectively, and most grow them naturally during the process of being taught to ask questions. We have huge cultural obstacles to doing that on a wide scale, unfortunately. In a lot of the country just regular public school education is already seen as poisoning children against their elders. At best I can see it as "critical thinkers also question authority" but not "people that question authority are critical thinkers." I know people that question authority but this somehow lead them to paths where they fell wholesale for unconventional ideas that they didn't critically evaluate at the time - becoming randroids, joining MLMs, and in one case joining a cult (the ultimate BWM move).
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Jul 12, 2017 17:05
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Vox Nihili posted:Can someone just ban this idiot? This is not a joke. I just checked and john smith has never actually contributed any outside content to the current incarnation of this thread. Nada. What little he "contributes" tends to be posts about how Übermensch he is, either directly or obliquely by way of responding to real content. I mean, even Tiny Brontosaurus at least contributes outside CONTENT to the thread. John Smith is just attention whoring. Everyone needs to stop helping him ruin the thread and stop interacting with him at all.
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Jul 23, 2017 14:24
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Guest2553 posted:Some guy posts a lot of words justifying his failed market timing attempt. If this guy manages to make any money actively trading in his TFSA there's a decent chance he'll get hit with capital gains taxes anyway.
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Jul 28, 2017 22:47
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Subjunctive posted:Yeah, the threshold is relatively low for being deemed an active trader by the CRA. The threshold is somewhere under 50 trades/year AIUI. My understanding is they also take a closer look at you if you're in finance. OP definitely qualifies.
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Jul 29, 2017 00:49
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Methanar posted:With the impending global economic collapse looming, what should I be doing with my money? LOL if there is a global economic collapse then GWM is to invest in shotgun shells and shelf-stable food.
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Jul 14, 2018 18:55
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Haifisch posted:Crossposting from the /r/relationships thread: To be fair, soon he will no longer have to "support" his "not very rational" girlfriend. GWM.
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Jul 18, 2018 22:40
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KYOON GRIFFEY JR posted:what winter climates aren't using salt Anywhere that goes below -10°C is going to rely much more on sanding roads.
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Jul 24, 2018 15:25
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smackfu posted:I’ve seen a lot of 1BR with a “study”. Calling it a 2BR when it doesn’t actually have two seems wrong though. Yeah, the right way seems to be to call that a 1+1 and that seems to be the trend in Ontario. It would sure be nice if realtor.ca didn't include 1+1 condos in the "2BR" search results though.
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Jul 29, 2018 02:34
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Vox Nihili posted:blast from the past: They made the news: https://www.cbc.ca/radio/asithappen...-wife-1.4503521 quote:"Neither of us drink, smoke, do drugs or any of those. So spending $10 or eight dollars on a pop [toy] as opposed to $10 on a pack of cigarettes is OK for us especially when we have something to show for it." lol
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Aug 3, 2018 12:26
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| # ¿ May 14, 2024 08:45 |
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For a 3BR 800 sq ft is kinda small. 800 sq ft for 2BR or 1000 sq ft for 3BR is fine though.
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Sep 14, 2018 20:20
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