Snowstorm

joined 1 year ago
[–] Snowstorm@lemmy.ca 0 points 2 months ago

Bought more Lorwyn to draft through those difficult times!

[–] Snowstorm@lemmy.ca 7 points 2 months ago (1 children)

This will piss off billionaires in the US, then I believe congress need to be notified of any intention to leave NAFTA. Billionaires are the source of congressman money-motivation. The result will be internal dissention in Republican congress members… I understand the current silence of congress like : we can’t have Republican unity to vote on implementing this fascist agenda, so we help by not impeaching (while retaining the option to pivot snd do so later.)

It was going to happen anyway, better now and in a way that will keep Canada united

[–] Snowstorm@lemmy.ca 0 points 3 months ago

Hell yeah, please make my preorder exciting.

[–] Snowstorm@lemmy.ca 0 points 10 months ago (3 children)

Bien joué ! J’ajoute mon grain de sel : les rues piétonisées pendant trois mois l’été seraient tout aussi dynamiques 12 mois sur 12 sans voitures : des commerces florissants et des voisins qui se parlent.

[–] Snowstorm@lemmy.ca 7 points 11 months ago (1 children)

Shouldn’t Canada do the same? Send the equipment to stabilize and improve social infrastructure, a bit of oil and fertilizer then have Cuba grow the fresh fruits and vegetables that can’t be grown locally during the Canadian winter.

[–] Snowstorm@lemmy.ca 0 points 11 months ago

NDP got decimated but they functionally still hold the same weight of bargaining power : give this government stability in exchange for advancing their ideas.

The problem with this strategy being that, comes the next election, your own ideas won’t be differentiated from the ruling party and the next election will be a challenge.

Carney could be smart to form an alliance with the Bloc for exactly this reason : the distance between Liberal ideas and the Bloc is quite small : obstruct their effectiveness at opposing you with an alliance.

If the Bloc and NDP are smart they both ask for electoral reform as a condition to give the government stability.

[–] Snowstorm@lemmy.ca 1 points 11 months ago

Absolutely: higher income people are paying for most of the program with their taxes, why exclude them? I might be a strange blend of left and right but these programs: schools, hospitals, daycare and dental should all provide a minimum level of service for everyone regardless of their income and help establish the basis for a fair price for dental care. This is a stupid implementation and will be destroyed as soon as a conservative government happens in 2-4 years because both the left and right will be unconvinced.

[–] Snowstorm@lemmy.ca 0 points 11 months ago (1 children)

Bright indirect light and it will survive. My belief is to cut most fertilizer until there is active growth. I saved some plants like that in the past with leca. The lower leafs won’t ever look nice again but it looks like you achieved water balance. Good work!

[–] Snowstorm@lemmy.ca 0 points 1 year ago (2 children)

Attributing all the merit to Carney in a time of election seems a bit… optimistic? No doubt he was an insider on this brilliant strategy but giving him the unshared paternity is a bit of a stretch.

Whoever came up with this first isn’t ultimately important : I will gladly vote for someone smart enough to understand the strategy and with the connections to push it and see it implemented. No other PM candidate can have me sleep at night with the trust that we try to protect our interest with the best strategy available for our limited ressources.

Also the “if the US won’t lead the world, we will” comment gave such a hopeful vibe, it reminded me of Obama or Jack Layton campaign style.

[–] Snowstorm@lemmy.ca 0 points 1 year ago

Yes ETF are the best tool to access low cost index fund.

Both stock and bond will see high variation in price : don’t put yourself in a situation where you divorce or loose your job during a downturn only to need the money and sell at a loss.

[–] Snowstorm@lemmy.ca 0 points 1 year ago (2 children)

How deep do you want to go? A person with an intense desire to understand everything and use the best data to take sensible decisions will like The Rational Reminder podcast and it’s wide content. Recently it discussed a paper challenging the use of bonds in a portfolio and proposing 100% stock in a 1/3 domestic market - 2/3 international market split as the optimal portfolio in most situations. Don’t take my word for it, understand the underlying logic and if it’s right for you yourself. Bonus for the nerds: how is the current chaos supporting or contradicting the efficient market theory?

If you want a more condensed explanation: don’t invest money you will need within the next decade and focus on low cost (low MER) index etf. Some all in one etf exist or you can choose 2-4 etf and rebalance them yourself. You don’t have enough talent and ressources to do single stocks: most professionals gets results below the market average.

 

cross-posted from: https://lemmy.ca/post/39240669

Anybody Alive And Growing Anything?

Photo of my biggest terrarium for attention. Things are less colourful currently; this is from about a year ago. I always enjoy my terrarium the most in February with the green contrasting with the Canadian winter. It’s especially white and snowy this week.

 

Photo of my biggest terrarium for attention. Things are less colourful currently; this is from about a year ago. I always enjoy my terrarium the most in February with the green contrasting with the Canadian winter. It’s especially white and snowy this week.

 

I wont ever advise for timing the market, yet the current imminent US-Canada trade war and political storm inspired me to reassess my investing strategy.

Context : Mid 30, kids, mortgage, stable job but no retirement plan with the job.

I favour a diversified mix of low cost index fund but being a nerd i enjoy the Rational Reminder podcast and understanding the smallest details. An evidence based approach to risk and expected returns will guide my choices.

I started with 20 % bond and 80 % stock. The problem with bond : can exhibit volatility if interest rate change especially over longer time horizon, will limit growth if too high %, uncorrelated to stock but sometimes move in the same direction than stocks in recent downturn… I can put some extra payments on my mortgage and consider this a bond for a few years.

I want home country bias : no withholding taxes on dividend and at the opposite i get a tax credit for taxes already paid in Canada. In a conflict i can’t ever be expropriated from my own country stocks and use the Canadian currency for my spending. Let’s make Canada 25%.

Next is the US allocation. It’s two thirds of the investable world by market weight (see the VT etf if you want references) it’s had incredible returns in the last decade with p/e multitude going higher. Currency and country are uncompensated risk (random) and i won’t put myself in a place where 2/3 of my retirement is subject to random results. I choose 35 %.

That leaves 20 % for International developped market. I would like this to be higher than US but i will wait for the actual market weight to tell me that International merits a higher than US %. I leave developing market alone : i want an efficient market with free flow of information snd rules of law properly enforced.

Total 100% (20-25-35-20) close to VGRO.to No single stock, no gold, no crypto. What are your asset allocation plans and most importantly why?

If there is enough engagement here, i will make a future post about asset location, favourite etf to achieve my goal, small cap value and insured US allocation with deep itm options on SPY.

 

Feu Follet :

45 ml lightly aged agricole rum

15 ml green chartreuse

15 ml Falernum

15 ml St Germain

15 ml orgeat 

30 ml lime

20 ml Pineapple

150 ml Crushed ice (more dilution is wanted)

Angostura bitters 1-2 dash on top

A tick bush of slapped (for aroma) thai basil 

French name because of many French ingredients, but keeping with tiki traditions of mysterious and dangerous vibe.

I created this recipe after reading through the excellent tiki cocktail book Smuggler’s Cove. It’s unnecessarily complicated just because…

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