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  1. Replies
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    Gawd I get sick of the 'in real life' examples. ...

    Gawd I get sick of the 'in real life' examples.

    Stick with the facts and then people can put it through the lense of their own lives.
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    *Technically true. math is math - nothing...

    *Technically true. math is math - nothing general about it.

    Anyway, to your point - leaving less money when you die is far less of a consequence than running out of money. That's why I'm...
  3. Thread: Fake News

    by none
    Replies
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    48,223

    You can't - putting price on water is dangerous.

    You can't - putting price on water is dangerous.
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    THe out of control misguided love for TFSAs is a...

    THe out of control misguided love for TFSAs is a bit out of control sometimes. For me the main advantages of the TFSA is just to avoid all the paperwork and somewhere to throw massively taxed bonds....
  5. Thread: Fake News

    by none
    Replies
    1,376
    Views
    48,223

    Semantics -- who really cares? If the NYT was...

    Semantics -- who really cares? If the NYT was calling foreskin removal circumcision rather than genital mutilation would that be fake news too? The irony of this thread is hilarious.

    edit:...
  6. Replies
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    Is it good? Why do you think that? I'm sure some...

    Is it good? Why do you think that? I'm sure some people said the same thing when CAD was at $0.90. It doesn't seem so good now. What if the CAD$ foes to $0.66 (it has before) then the 0.74 it is...
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    Currency is currency - nobody really knows where...

    Currency is currency - nobody really knows where it's going to go. If you are investing it's US ETFs usually have lower MERs so might as well keep it in USD.

    if you do decide to live in Canada...
  8. Replies
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    1M what too - 1M after tax or before tax? So...

    1M what too - 1M after tax or before tax? So many 1st world questions.

    To come clean I'm aiming for 1M retirement pot of which I hope 50% will be non-RRSP. Add that a 25 year government pension...
  9. It's all about risk management - the consequences...

    It's all about risk management - the consequences of running out of money is far worse than leaving your kids a larger nest egg
  10. That's one of the main reasons I like this idea:...

    That's one of the main reasons I like this idea: http://business.financialpost.com/personal-finance/this-retirement-decision-could-be-worth-72000-but-few-canadians-take-advantage-of-it
  11. Replies
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    Well put. So if you have a 10 million dollar...

    Well put. So if you have a 10 million dollar house, or a 100K trailer, or no house at all, it doesn't count in how you should risk manage your financial future?

    That's just retarded.
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    Of course they are - anything you can sell for...

    Of course they are - anything you can sell for $$$ is technically an asset. Whether it's worth accounting to that level is up to you. If you're talking about a $100 asset versus an asset worth more...
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    I have read that millenialls really are not into...

    I have read that millenialls really are not into owning houses as much as the older generation. Really all it takes is a drop in demand and POP. (high interest rates would help too).

    Why no as...
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    Maybe today is one of those days. Wow, what a...

    Maybe today is one of those days. Wow, what a rager. it's been a good year. Wow.
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    Missing strong growth days

    As much as I have mixed feeling about Garth Turners blog I have been enjoying the Saturday guest writer contributions. They are usually very insightful.

    Yesterday's was particularly interesting:...
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