Search found 3182 matches

by Flaccidsteele
06 Jul 2023 18:45
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88118

Re: Any questions about CPP?

No, the data suggested that on average women live longer than men. If the women in your family died of disease passed down genetically you might be able to get screened for that. If they died in car crashes because they were lousy drivers your longevity projection might be more like that of the men in your family. Unless you too happen to be a lousy driver. I don't know that poor driving is genetic but some of the traits that cause it might be. FWIW, Stat Can also does projections for health-adjusted life expectancy. FWIW#2, I recall reading that medical history of siblings, especially older ones, is more applicable than medical history of parents and relatives outside the immediate family. That makes sense since each sibling has genes fro...
by Flaccidsteele
06 Jul 2023 17:12
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88118

Re: Any questions about CPP?

Thanks for this.

I’m skeptical because data suggested women live longer than men but that didn’t work out for my mom nor was it true for my aunts. The males are all still alive and kicking in their mid to high 80s

My gut tells me that I’m more genetically similar to mom than dad
by Flaccidsteele
06 Jul 2023 10:29
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88118

Re: Any questions about CPP?

Marcus Aurelius wrote: 06 Jul 2023 02:38
Flaccidsteele wrote: 05 Jul 2023 14:08 That all sounds like gut feeling to me
OK, but you are going to have do more than quip a one-liner. What part of using population-scale actuarial data to make your decisions seems like gut feeling? I am happy to be proven wrong in my assumptions (honestly).
Population-scale actuarial data didn’t really help me understand why/how some friends and family have passed

I mean the data suggests that I’ll live until 88 years old but will I?

How much should I rely on that data when making decisions when I’m 60? 100%? 80%? Feels like I will be going by my gut feel?
by Flaccidsteele
06 Jul 2023 10:25
Forum: Financial News, Policy and Economics
Topic: LATEST SPIVA REPORT
Replies: 144
Views: 126181

Re: LATEST SPIVA REPORT

Question:

Does the SPIVA report look at how active dividend investment managers do against a passive dividend benchmark?

Is that category even a thing?
by Flaccidsteele
05 Jul 2023 14:08
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88118

Re: Any questions about CPP?

Marcus Aurelius wrote: 27 Jun 2023 12:41 Absolutely true. If you have good evidence that you will live shorter than average, then taking CPP early is best. Also, if you need the money, taking it early is an obvious choice. Not everyone has the luxury of delaying.

However, if you aren't in those situations, then delaying is probably better. Any investment option is an educated "guess" of some kind. Investing in the markets is a guess. You want to statistically tilt those guesses in your favour. You can't make those decisions on gut feeling.
That all sounds like gut feeling to me
by Flaccidsteele
04 Jul 2023 09:43
Forum: Community Centre
Topic: Good and/or Underrated Movies and TV shows
Replies: 2489
Views: 97892

Re: Good and/or Underrated Movies and TV shows

Descartes wrote: 04 Jul 2023 09:30
JessiWan wrote: 03 Jul 2023 17:57 I watched this show called the Titus, or some such, I can't remember, it was from a really long time ago. It was about this car repair guy with Titus as his last name. He had a younger brother, his dad and his girlfriend called Erin. I don't know why they pulled the plug on it, it was really entertaining.

Does anybody know what I am talking about?
https://www.imdb.com/title/tt0205700/
You are a wizard
by Flaccidsteele
04 Jul 2023 00:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Here are my 202x stock picks
Replies: 574
Views: 126892

Re: Here are my 202x stock picks

Fresco wrote: 03 Jul 2023 16:38 And yet I keep making money.

Are you guys jealous or something?? It sounds like it
It’s a bit of an echo chamber in here for sure

But so is every where else tbh

Many know what they know and don’t care to know what they don’t

Your content would make more money on social media imo
by Flaccidsteele
01 Jul 2023 18:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Here are my 202x stock picks
Replies: 574
Views: 126892

Re: Here are my 202x stock picks

brady wrote: 01 Jul 2023 17:23
AltaRed wrote: 30 Jun 2023 10:25 It does not have to be of any value or use to anyone else. I see it as him documenting his journey on this account. There are a number of similar threads on various discussion forums like that.
Well,well and I thought one of the main purposes of FWF was to help educate investors.
There would be no reason to come here. Readers could just stay on the wiki
by Flaccidsteele
01 Jul 2023 13:48
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Here are my 202x stock picks
Replies: 574
Views: 126892

Re: Here are my 202x stock picks

AltaRed wrote: 30 Jun 2023 10:25 It does not have to be of any value or use to anyone else. I see it as him documenting his journey on this account. There are a number of similar threads on various discussion forums like that.
I agree

If someone wants to document their journey then have at it

It happens all the time on every other social media platform

Having said that, every other platform also allows criticism as long as it doesn’t break the TOS

Both fair game
by Flaccidsteele
01 Jul 2023 13:45
Forum: Taxing Situations
Topic: TFSA vs RRSP
Replies: 16
Views: 1318

Re: TFSA vs RRSP

Descartes wrote: 01 Jul 2023 11:13 ..Anyway, far too many posts from me, especially when it isn't a work day.
You can post more during work days?

Apologies for going OT
by Flaccidsteele
30 Jun 2023 12:53
Forum: Community Centre
Topic: Happy Canada Day Weekend!
Replies: 16
Views: 659

Re: Happy Canada Day Weekend!

Happy Canada Day weekend! 🇨🇦 🥳
by Flaccidsteele
30 Jun 2023 12:52
Forum: Financial Planning and Building Portfolios
Topic: What's your home country bias?
Replies: 95
Views: 32342

Re: What's your home country bias?

GreatLaker wrote: 29 Jun 2023 19:39
Flaccidsteele wrote: 29 Jun 2023 12:20 0%

No investment in Canadian equities

Only U.S. index, Berkshire Hathaway and U.S. rental real estate for cash flow
Wouldn't 0% Canadian be negative home country bias? Neutral Canadian allocation would be ~3%. :geek:
I suppose that makes sense 👍
by Flaccidsteele
29 Jun 2023 13:22
Forum: Community Centre
Topic: RIP 2023
Replies: 99
Views: 10541

Re: RIP 2023

by Flaccidsteele
29 Jun 2023 12:20
Forum: Financial Planning and Building Portfolios
Topic: What's your home country bias?
Replies: 95
Views: 32342

Re: What's your home country bias?

What's your home country bias?
0%

No investment in Canadian equities

Only U.S. index, Berkshire Hathaway and U.S. rental real estate for cash flow
by Flaccidsteele
27 Jun 2023 20:25
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 1010
Views: 155666

Re: Inflation

Inflation 100% affecting travel. Anecdotally price of flights up 30-50% compared to last year
by Flaccidsteele
25 Jun 2023 05:59
Forum: Community Centre
Topic: Healthcare wait times.
Replies: 27
Views: 1743

Re: Healthcare wait times.

Healthcare fails at the margins
Patients wait in pain as a surgeon fights to get paid — all in a battle over health-care dollars

Multiple surgeons who spoke to CBC News also stressed that there's a growing provincial push to address backlogs of more common, standardized spinal procedures — such as disc replacements or laminectomies to relieve pressure on the spinal cord — leaving little room for complex cases like spinal deformity surgeries to get booked in the first place.

https://www.cbc.ca/news/health/scoliosi ... -1.6884504
by Flaccidsteele
24 Jun 2023 18:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155880

Re: Frothy Equity Markets

Agree. Always amazes me how many people get nervous over nothing
by Flaccidsteele
23 Jun 2023 21:27
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155880

Re: Frothy Equity Markets

StuBee wrote: 23 Jun 2023 18:08 Still, I fear (a bit) that we may all be living in a house of cards that could come tumbling down.
As someone still accumulating I hope you’re right

The market has been uneventful for a long time now
by Flaccidsteele
21 Jun 2023 15:34
Forum: Retirement, Pensions and Peace of Mind
Topic: How are you actually using your TFSA?
Replies: 105
Views: 7974

Re: How are you actually using your TFSA?

The TFSA isn’t for you.

It’s for whomever ends up using it.

Pretty much dead money.

Similar to dying in your home without the benefit of shelter.
by Flaccidsteele
20 Jun 2023 22:05
Forum: Retirement, Pensions and Peace of Mind
Topic: How are you actually using your TFSA?
Replies: 105
Views: 7974

Re: How are you actually using your TFSA?

Mudcrab wrote: 20 Jun 2023 15:58 I’m starting to think of the TFSAs like The One Ring in Lord of the Rings - not to be used except in time of utmost need…
Golden handcuffs
by Flaccidsteele
17 Jun 2023 09:59
Forum: Community Centre
Topic: Retirement and the meaning of life
Replies: 10
Views: 1175

Re: Retirement and the meaning of life

formerpatriot wrote: 16 Jun 2023 09:15
What makes life worthwhile (31 minutes):

Just finished the second video. Thanks for sharing; more adjectives but unfortunately nothing new for me in this one either

I still don’t believe that person in their 60s is not self aware enough to consider these topics decades earlier

I struggled with what makes life worthwhile/meaning/hedonic treadmills/aesthetics/pratītyasamutpāda in my 30s after attempting to retire a couple times and tried to read Kierkegaard, Nietzsche, Sartre and others for help

I hope these videos enlighten people way before they are in their 60s. Otherwise it would just be sad
by Flaccidsteele
17 Jun 2023 00:11
Forum: Community Centre
Topic: Retirement and the meaning of life
Replies: 10
Views: 1175

Re: Retirement and the meaning of life

Leaving the work-world: the meaning of retirement (26 minutes): https://www.youtube.com/watch?v=MWfMzf8hSzE Watched the first video … don’t take this the wrong way but I hope most people realize all the basic ideas he covered way before they turn 60 … it would be very sad otherwise I already understood these rudimentary observations in my teens (read viktor frankl book in high school) and in my 20s I was working on a way to shortcut the system and by my late 30s I was out … Who doesn’t know this stuff? Honest question. I can’t imagine a 35 year old grown a$$ adult not understanding all of this. Seriously I suspect that he already knew everything he talks about but was too scared to say it for fear of losing his job/license/tenure/whatever....
by Flaccidsteele
13 Jun 2023 21:35
Forum: Community Centre
Topic: A Final Financial Thread [from Shakespeare]
Replies: 70
Views: 6639

Re: A Final Financial Thread [from Shakespeare]

Thank you for your contributions. I will miss seeing your familiar handle here. Go in peace.
by Flaccidsteele
08 Jun 2023 00:13
Forum: Community Centre
Topic: ChatGPT
Replies: 145
Views: 8406

Re: ChatGPT

Interesting project