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Apr 22 2023 03:52pm
Quote (dro94 @ Apr 22 2023 04:55pm)
I like how Tesla slashing their prices in the face of massively increased competition leading to a halving of profit can be construed as a good thing.


Tesla should reduce ASP to keep demand = to production and maintain no less than 0% operating margin.
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Apr 22 2023 03:55pm
Tesla should make 3 tons cars and call them big green energy zero carbon cars

That's what it takes to move yo fat asses
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Apr 26 2023 07:58pm
Nice tech earnings so far. Especially Microsoft and Meta.

Alphabet is lagging behind a bit
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Apr 28 2023 07:37am
To my Canadians, you can now open a First Time Homeowners Savings Account (FTHSA). Takes about 2 minutes online, max contribution 8K per year up to 40K total (hopefully this maximum increases in the future). Its tax-deductible like a RRSP at year-end. If you don't utilize it within 15 years for a home purchase it rolls into your RRSP WITHOUT consuming any RRSP room, so a free RRSP bump where it can continue to grow tax-free until withdrawn, presumably in retirement when you're in a lower income tax bracket.

While the name suggests its a "savings" account that's just the name, you can open a Direct Investing FTHSA and invest in equities like any other Direct Investing Account.
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Apr 29 2023 01:16pm
Quote (SBD @ Apr 28 2023 09:37am)
To my Canadians, you can now open a First Time Homeowners Savings Account (FTHSA). Takes about 2 minutes online, max contribution 8K per year up to 40K total (hopefully this maximum increases in the future). Its tax-deductible like a RRSP at year-end. If you don't utilize it within 15 years for a home purchase it rolls into your RRSP WITHOUT consuming any RRSP room, so a free RRSP bump where it can continue to grow tax-free until withdrawn, presumably in retirement when you're in a lower income tax bracket.

While the name suggests its a "savings" account that's just the name, you can open a Direct Investing FTHSA and invest in equities like any other Direct Investing Account.


can be done even if you just bought a house?? lol
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Apr 30 2023 08:13pm
Quote (Budgeting @ Apr 29 2023 01:16pm)
can be done even if you just bought a house?? lol


You're shit out of luck unfortunately.
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Apr 30 2023 08:50pm
Quote (SBD @ Apr 30 2023 10:13pm)
You're shit out of luck unfortunately.


i know there are rules on requalifying for first time homebuyer, is there any clarification on this? I think its 3 years without having owned a principle residence - how does that impact the usage of this account. basically a 2nd rrsp for anyone who waited to buy a house. another kick in the face for those who are continuously grinding.
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Apr 30 2023 09:13pm
Quote (Budgeting @ Apr 30 2023 08:50pm)
i know there are rules on requalifying for first time homebuyer, is there any clarification on this? I think its 3 years without having owned a principle residence - how does that impact the usage of this account. basically a 2nd rrsp for anyone who waited to buy a house. another kick in the face for those who are continuously grinding.


I'm not entirely sure to be honest I haven't delved into at all. I'm well out of any advisory these days so unless it directly impacts me or a friend / family ask my knowlage remains sort of surface level deep / deep enough to know how it impacts me and that's it.
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May 2 2023 06:36pm
fomc tomorrow gonna be lit

amd got annihilated in the ah, lmao wow
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May 3 2023 05:11am
update, RIP amd in the pre-market too. wow

This post was edited by ChocolateCoveredGummyBears on May 3 2023 05:12am
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