CastlevaniaNut18 Posted February 28, 2020 Share Posted February 28, 2020 I'm currently putting in 13%, I need to up it. Husband maxed his out last year. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted February 28, 2020 Share Posted February 28, 2020 1 hour ago, GeneticBlueprint said: What can the fed do to fix supply problems? Probably zilch. 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted February 28, 2020 Share Posted February 28, 2020 Some napkin math for me is: Gross monthly income (in feeble Canadian dollars): $4743 I put $355/mo into an RRSP (same as 401k) which is then matched by my employer. I also put $140/mo into my own RRSP. I also currently put aside $800/mo in short-term savings for my wedding (2.45% high interest savings account). Then when I have extra income rolling in from wedding photography, I save that towards cash for a new car, etc. So I think, on average, I am putting around 18% of my income each month into RRSPs (which is the legal cap once maxed out), and then an additional 17-25% into other savings, which right now are short-term. Once the wedding is done then we will set a goal for a down-payment on a condo, but I will also put money into a TFSA (I think with a Roth 401k? It's tax-sheltered growth on post-tax income, rather than pre-tax like an RRSP). My goal is retirement at 55. A 25-30% savings goal right now (with increased savings as time goes on) will allow for that. Quote Link to comment Share on other sites More sharing options...
Commodore D Posted February 28, 2020 Share Posted February 28, 2020 16 hours ago, sblfilms said: I look forward to your actual evidence of the impact presidents have on the stock market. Amusingly you’re pointed to something that has nothing to do with the president and actually has effects on the markets. Your WIFE works at a bank. That elevates your opinion how exactly? Canadian bank, so his opinion is coming from a elevated line of latitude. 2 Quote Link to comment Share on other sites More sharing options...
chakoo Posted February 28, 2020 Share Posted February 28, 2020 1 hour ago, Commodore D said: Canadian bank, so his opinion is coming from a elevated line of latitude. Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted February 28, 2020 Share Posted February 28, 2020 2 hours ago, CastlevaniaNut18 said: I'm currently putting in 13%, I need to up it. Husband maxed his out last year. Mine maxes out at 20%, but I cant really afford that right now. Not that it matters, I doubt I'll ever be able to retire anyway. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted February 29, 2020 Share Posted February 29, 2020 Got the stock picker here Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted February 29, 2020 Share Posted February 29, 2020 Quote Link to comment Share on other sites More sharing options...
Reputator Posted February 29, 2020 Share Posted February 29, 2020 9 hours ago, ManUtdRedDevils said: The look of devastation and inner turmoil he gets is the stuff of legend. Quote Link to comment Share on other sites More sharing options...
Remarkableriots Posted February 29, 2020 Share Posted February 29, 2020 11 hours ago, Commodore D said: Canadian bank, so his opinion is coming from a elevated line of latitude. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted February 29, 2020 Share Posted February 29, 2020 Well we're fucked Quote Link to comment Share on other sites More sharing options...
TheLeon Posted February 29, 2020 Share Posted February 29, 2020 On 2/28/2020 at 6:39 AM, SaysWho? said: If it is bumpy for a while, it makes me wish kavb still posted here. And then the next day things would go bad and kavb would post, "I'm going to go to bed. When I wake up, everything will be okay again." Those were good days. @TheLeon This @ mention confounds me. Is it because I'm a known fan of Strong Bad? It's the only thing in this entire thread I know anything about. Quote Link to comment Share on other sites More sharing options...
ort Posted February 29, 2020 Share Posted February 29, 2020 Wrong thread Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted March 1, 2020 Share Posted March 1, 2020 5 hours ago, TheLeon said: This @ mention confounds me. Is it because I'm a known fan of Strong Bad? It's the only thing in this entire thread I know anything about. That's exactly the reason. Quote Link to comment Share on other sites More sharing options...
TheLeon Posted March 1, 2020 Share Posted March 1, 2020 5 hours ago, SaysWho? said: That's exactly the reason. 1. You must have a good memory, because I don’t know when the hell I ever talked about Homestar Runner on these boards. 2. Keep it up. 1 Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted March 1, 2020 Share Posted March 1, 2020 10 hours ago, TheLeon said: 1. You must have a good memory, because I don’t know when the hell I ever talked about Homestar Runner on these boards. 2. Keep it up. Years ago for a box office thread my title was that some movie, I forget which one, was burninating the countryside. You upvoted it due to the reference. So yeah good memory Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 1, 2020 Share Posted March 1, 2020 10 minutes ago, SaysWho? said: Years ago for a box office thread my title was that some movie, I forget which one, was burninating the countryside. You upvoted it due to the reference. So yeah good memory This makes me think you have a spreadsheet of who has upvoted all of your posts. 1 Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted March 1, 2020 Share Posted March 1, 2020 3 minutes ago, CitizenVectron said: This makes me think you have a spreadsheet of who has upvoted all of your posts. That would have been a great idea! Nah, that one just stuck out because I liked the thread title and he was the one user who said, "Upvoting for the Strong Bad reference," or whatever he said. That's why any time someone would tell me that I make notes of things to use against them later, it's not like that; I just have a really good memory for useless shit. If I had this memory during college, my study time would have been reduced by 95%. 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 1, 2020 Share Posted March 1, 2020 2 hours ago, CitizenVectron said: This makes me think you have a spreadsheet of who has upvoted all of your posts. Yeah haha who would do that haha unfounded accusations, fake news 1 Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted March 2, 2020 Share Posted March 2, 2020 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted March 2, 2020 Author Share Posted March 2, 2020 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted March 2, 2020 Share Posted March 2, 2020 Today was the biggest single day point gain in history. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted March 2, 2020 Share Posted March 2, 2020 Central bank intervention in this "crisis" is ludicrous beyond words. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 2, 2020 Share Posted March 2, 2020 11 minutes ago, SFLUFAN said: Central bank intervention in this "crisis" is ludicrous beyond words. I'm in the process of buying a house, and my pre approval rate on Weds last week was 4%. We submitted an offer over the weekend, the seller accepted, and my mortgage broker said he can lock us in at 3.625%. Sheer coincidence of timing but will save me a ton of $$$ in the long term. Hopefully it's just a massive overreaction, but only time will really tell. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 3, 2020 Share Posted March 3, 2020 @SFLUFAN https://www.washingtonpost.com/business/2020/03/03/economy-coronavirus-rate-cuts/ Half point cut Quote Link to comment Share on other sites More sharing options...
elbobo Posted March 3, 2020 Share Posted March 3, 2020 I think I am done trying to predict the market Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted March 3, 2020 Share Posted March 3, 2020 Quote Link to comment Share on other sites More sharing options...
Jason Posted March 3, 2020 Author Share Posted March 3, 2020 8 minutes ago, b_m_b_m_b_m said: @SFLUFAN https://www.washingtonpost.com/business/2020/03/03/economy-coronavirus-rate-cuts/ Half point cut Guess who was up at 1:30 AM raging about the Fed? Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted March 3, 2020 Share Posted March 3, 2020 15 minutes ago, SaysWho? said: I'm in escrow right now on a new house, I wonder if this rate cut will help lower my interest rate? Quote Link to comment Share on other sites More sharing options...
Brian Posted March 3, 2020 Share Posted March 3, 2020 I tried to buy a new house but prices are crazy due to these rates. I can sell my house for 100k more than I bought it four years ago. Quote Link to comment Share on other sites More sharing options...
elbobo Posted March 3, 2020 Share Posted March 3, 2020 7 minutes ago, ManUtdRedDevils said: I tried to buy a new house but prices are crazy due to these rates. I can sell my house for 100k more than I bought it four years ago. the market is crazy around me and I do not live in a desirable part of the country. My cousin is looking for a new place and they want to keep their kids in the same school, they gave their realtor their requirements which were not outrageous by any stretch and he came back with there wasn't a single house on the market that meet their needs. They are looking to build now. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 3, 2020 Share Posted March 3, 2020 19 minutes ago, elbobo said: the market is crazy around me and I do not live in a desirable part of the country. My cousin is looking for a new place and they want to keep their kids in the same school, they gave their realtor their requirements which were not outrageous by any stretch and he came back with there wasn't a single house on the market that meet their needs. They are looking to build now. They're no inventory in many places, and zoning forbids even a modest increase in density in most cases for desirable areas Quote Link to comment Share on other sites More sharing options...
Jason Posted March 3, 2020 Author Share Posted March 3, 2020 Just now, b_m_b_m_b_m said: They're no inventory in many places, and zoning forbids even a modest increase in density in most cases for desirable areas Would you prefer we rape our communities? 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted March 3, 2020 Author Share Posted March 3, 2020 1 Quote Link to comment Share on other sites More sharing options...
elbobo Posted March 3, 2020 Share Posted March 3, 2020 12 minutes ago, b_m_b_m_b_m said: They're no inventory in many places, and zoning forbids even a modest increase in density in most cases for desirable areas there is still a decent amount of land around where he is looking to build on, problem around here is developers can't find sub contractors that are worth a shit. Quote Link to comment Share on other sites More sharing options...
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