Allan
14.4K posts
Allan
@amredman
Property Management SaaS Creating software to help Landlords and Property Managers do more with less. https://t.co/3urz2cCtQr
Canada 가입일 Temmuz 2010
289 팔로잉654 팔로워
Your company is literally named STRATEGY.
The implication is that somewhere in the building, genius-level math is happening.
Since the 32 BTC sale, the strategy was:
Buy 3,657 BTC at an average of $64,577.
Sell 3,588 BTC at an average of $60,197.
Net result:
+69 BTC.
-$20.17 million in cash.
Effective cost for those 69 BTC:
$292,365 per Bitcoin.
Strategic.
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This drives me crazy:
Michigan City, Indiana
Colorado City, Utah
Indiana, Pennsylvania
Kansas City, Missouri
Why? Who thought this was a good idea?!
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Agreed.
At a certain point, the value proposition becomes very compelling.
Personally, I'm not a big fan of electric vehicles. I just don't care for the feel. However, if my fuel were free, that might change my mind.
I say "might" because my fuel costs are relatively low and I'm not particularly sensitive to the price.
However, a lot of people aren't in the same position.
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I want to stress here as well - dramatically cheaper electricity will reduce other emissions as well! If electricity was 12-15 cpkw instead of 19 heat pumps, which are already worth it, become even easier to justify. EV's become more viable, etc.
The Great Canadian Bagel@BagelPolling
Fracking is the best green tech invented in the last 30 years. Nova Scotia's past ban was the most environmentally irresponsible thing we could do. If we had participated in the first stage of fracking boom not only would we be richer but we would have cheaper electricity and ~14% lower CO2 emissions by swapping our coal power for cheap domestic natural gas. We could realistically save up to 7cpkw on electricity to.
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@InvestingAddict Probably.
But to be fair, many people buy high and sell low, so having it be taxable is a good thing.
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Unpopular Opinion:
There will always be capital gains tax on Bitcoin.
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@BagelPolling The top federal tax bracket should just go away.
That alone could make a big difference in retaining top tallent.
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There is a relatively easy solution to this - we need to cut income taxes! Yes we need to cut the top rate too.
Gavin (humanist/acc)@GavMcCracken
It's never been more over in Canada. After years of consistently increasing taxes, regulatory burdens, importing crime & blatantly theft of tax money, the top 10 income brackets have >30% emigrated to USA. Government budgets will never be balanced again. - Bank of Canada
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The amount of people who live in Canada that reply to not move to Canada is hilarious
kitze the 🐐@thekitze
i've never been this deep into researching a move to the usa or canada there are billion reasons not to but i feel the pull for some reason our top choices are toronto and boston for now, both of them with major pros and cons turns out healthcare in canada is worse than in usa?? wtf we are used to just throwing money and getting a specialist on the same/next day in poland, even tho we pay for public health
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@NotA_Bull I'd disagree.
If you want to be rich, it's better to focus on the income side of the equation.
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Index funds are for people who have accepted they will never be truly rich.
If you want to change your family's future, you have to FOCUS on 1-3 individual stocks.
Agree or Disagree?
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@Prominent_Bryan I have never heard of anyone being picky about where their fruit comes from.
I doubt this is real.
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If you are happy seeing this, you better never complain about grocery prices in Canada
If you have enough money to do pseudo nationalism at the grocery store, then prices are too low
Armchair SJ Warrior 🇨🇦@theepori_mathai
Strawberries from US marked down all the way to $1.50 and still no takers. Literally rotting on the shelves. I just love my fellow Canadians. Hold the line
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@HollywoodaiBrad @TheCADInvestor Hey, if it doesn't work, just do more of it.
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People keep saying “$1M won’t be worth much in 25 years.”
Okay, so what should people do? Build $0 instead? Hold cash while inflation eats it?
Of course future dollars will be worth less. That’s exactly why you need assets.
Inflation is not an argument against investing. It’s the argument for investing.
A $1M TFSA in 25 years is not some perfect retirement plan.
It’s one piece of the puzzle.
Canadian Investor@TheCADInvestor
A Canadian couple does not need a miracle to build wealth. They need: 2 TFSAs $7,000 each per year $14,000 combined 25 years a simple index fund with 8% returns That can become ~$1.1 million combined. Tax free. Before RRSP, before taxable accounts, before pensions.
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Out for dinner with my wife and 2 others. Can't beat the Keg for a nice steak meal
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@kamikazecash There's always some idiot in the middle to mess it all up.
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I still remain shocked that barely any families have generational wealth.
NOBODY among your ancestors stashed $100/week into US equities held in trusts, or even just taxable accounts?
I throw bands every month into a blend of growth ETFs like $QQQ and defensive dividend ETFs like $SCHD and $SPHD.
I’m pretty positive that a heavily-funded 529 is also enough to send a half dozen kids to college while you change beneficiaries as needed.
Unless my kids are absolute imbeciles with money, they’ll be the first among my family tree to inherit the bag.
Peter St Onge, Ph.D.@profstonge
Apparently if you invested $100 in American stocks at independence you would have $238 million today 🇺🇸🇺🇸
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1.1million is virtually nothing in 2026.
Canadian condos go for 1million. Houses 2million.
And by the time your 8% per year compounds into 1.1million, Canadian M2 will have grown another 1000% and 1.1million will be the new 110k.
Tax slavery.
Canadian Investor@TheCADInvestor
A Canadian couple does not need a miracle to build wealth. They need: 2 TFSAs $7,000 each per year $14,000 combined 25 years a simple index fund with 8% returns That can become ~$1.1 million combined. Tax free. Before RRSP, before taxable accounts, before pensions.
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@RoaringHammy Personally, I don't think so.
Buy them because you want to enjoy them.
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Is buying a porsche and Rolex a good investment? My friend says it is as they can enjoy it and it appreciates in value
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Bruhh, I tried to do the math but shit isn’t matching. Canadian tax law doesn’t even work that way. I don’t know what tax lawyers and accountants you used but mannn some ain’t right. Also, Tax avoidance is legal , tax evasion is not . If it were easy , every Canadian founder would be in Paraguay before an exit .
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My Canadian client sold his SaaS for $4.2M.
CRA wanted $1.9M.
He'd already moved to Paraguay and completed a complete restructure of the business 18 months prior.
His tax bill: $0.
Canada called it "tax avoidance."
I call it "reading the tax code."
Same exit. Different passport stamp.
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@Investmentkage People pretend that the footprint of the seats isn't 4x what they used to be.
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Is this why a lot of movie theaters are dying?
Steven 💎@StevenxTCG
Taking my daughter to see Toy Story 5 and….GAWDAMN. In this economy???
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So…faking injuries is just a part of this sport, yes?
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@TakeThiamine It's nice to see people post stuff like he did.
Now I know not to listen to him.
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Holy crap. Just do the math: if you drink 600 mg of caffeine, you lose 20 mg of calcium. That’s 4 tablespoons of milk! Be careful out there.
Thor Torrens@ThorTorrens
Caffeine increases calcium excretion For every 150 mg of caffeine consumed (roughly a standard 8 oz cup of brewed coffee), you lose about 5 mg of calcium. So many out there with stiff and achey joints Doesn’t have to be this way
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