Ashton Van Dam

399 posts

Ashton Van Dam

Ashton Van Dam

@AshtonVD

Katılım Aralık 2011
82 Takip Edilen10 Takipçiler
Leafs Papi
Leafs Papi@LeafsPapi_·
In the past 24 hours Canadian media has: - talked about stripping Matthews of the C - Asked McDavid how it feels to always lose - Forced Brady to apologize These are 3 Captains of Canadian teams. And then we wonder why players don’t wanna play in Canada. It’s fucking embarrassing
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Sam McKee
Sam McKee@SamAMcKee·
Super impressed with Connor Hellebuyck. Finally shed the big game narrative. A shutout in the gold medal game is amazing.
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Ashton Van Dam
Ashton Van Dam@AshtonVD·
@sportsaresofun @mirtle It’s about maintaining the status as the best nation at the game we invented. It’s our game and this is about keeping it that way.
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J@sportsaresofun·
@mirtle What exactly is on the line apart from a gold medal? What are you alluding to?
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James Mirtle
James Mirtle@mirtle·
Is tomorrow's gold medal game bigger than the other NHL Olympics? Is more on the line than 1998, 2002, 2010? 🤔
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Ashton Van Dam
Ashton Van Dam@AshtonVD·
@Jeff_sixKings @mirtle Yeah…it’s tough to try to make a point when you open the thought with a statement that is factually incorrect.
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Jeff_M
Jeff_M@Jeff_sixKings·
@mirtle They didn't play for a medal in 1998. Tomorrows game is no bigger than when we played Canada for the gold medal in 2002 & 2010. How could it be?
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Tim Healey
Tim Healey@timbhealey·
@ZadaFCB I don’t care about what usually is the case. I do care about getting it in front of as many eyes as possible. 8 a.m. on a Sunday is simply stupid.
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Tim Healey
Tim Healey@timbhealey·
Somebody blew it big time by scheduling the men’s hockey gold medal game for 8 a.m. ET Sunday. That just can’t happen. You know it’s going to be U.S.-Canada. European time zones don’t matter. They should’ve worked the entire Olympics schedule around giving it a better slot.
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Three Year Letterman
Three Year Letterman@3YearLetterman·
In preparation for tomorrow’s hockey matchup between America 🇺🇸 and Canada 🇦🇺, here are some FACTS that the Canadians hate: 1. America is the oldest and greatest country on earth 2. Canada is a British province that must do what the queen says 3. The greatest hockey player who ever lived was American 4. Canada is poor, poorer than our South American neighbors in Mexico. The average Canadian makes less than $10,000 per year and doesn’t have the internet 5. Justin Turdeaux must do what Donald Trump says because they don’t have sovereignty 6. Vermont has superior maple syrup to anything in Canada 7. No Canadian has ever had a #1 song or album in the US 8. Canadians are the most obese and unattractive Western country 9. Quebec residents must speak English FIRST because America is the birth place of the English language 10. Canadians have an average IQ than is 20 points below the average US IQ
Three Year Letterman tweet media
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Gain of Fauci
Gain of Fauci@DschlopesIsBack·
Last year the United States and Canada faced off in 🇨🇦 during the 4 Nations Face-Off. Canadian fans booed the US National Anthem and then they had THREE different fights in the first NINE seconds of the game. The US went on to defeat Canada 3-1 🇺🇸🇺🇸🦅
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Ashton Van Dam
Ashton Van Dam@AshtonVD·
@SamAMcKee It’s true. I was at the game last night and Robertson and Matthews were the leafs players that stood out. He was excellent.
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Sam McKee
Sam McKee@SamAMcKee·
There’s certain nights you catch 89 and you think the Leafs should just trade everyone and build around him 😂
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Justin Bourne
Justin Bourne@jtbourne·
Maybe now Leafs can change gears so hard/sudden the transmission drops out on the highway. Could they bottom out enough to get in bottom-5 and keep their own 1st? Let Knies miss games and heal? Get another 1st or two from OEL and McMann? Talk to 44 about moving on? We doing this?
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Everything Yankees
Everything Yankees@eyyankees·
Something that isn’t talked about a lot. What if this ball from Gleyber Torres was a few feet higher and was ruled a home run.
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Ashton Van Dam
Ashton Van Dam@AshtonVD·
@Sid_Seixeiro Paying $120m/ year for Kyle Tucker including the luxury tax is bananas. He’s a good player, but I would be so pissed if the jays signed him to that contract.
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Sid Seixeiro
Sid Seixeiro@Sid_Seixeiro·
A lot of Blue Jays fans upset they keep missing out on the “big fish” in free agency. They did manage to sign the guy who was going to be the biggest name available this winter back in April and they got him for a modest 35 million a year. But sure. Keep criticizing.
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Ashton Van Dam
Ashton Van Dam@AshtonVD·
@aakashgupta Also, although it may be true at times, why in the hell does a $50K kitchen remodel investment equit to $150K in equity? It makes zero sense to me.
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Aakash Gupta
Aakash Gupta@aakashgupta·
Actually, housing is still an awesome investment. Let me explain. That chart is missing leverage + tax benefits. Let’s walk through the math step by step. You want to buy a $1M home. You put 20% down. That’s $200K out of your pocket. The bank lends you the other $800K. The home appreciates 4% in year one. That’s $40K in appreciation. But you only invested $200K of your own money. So your return on equity is 20%, not 4%. Now take that same $200K and put it in the S&P 500. At 9% annual returns, you make $18K. Same capital. The house generated $40K. The stocks generated $18K. The house wins by more than 2x. This is leverage working in your favor. You control a $1M asset with $200K. The appreciation happens on the full $1M, but your denominator is only $200K. Now layer in the tax advantages. You’re paying 6% interest on $800K. That’s roughly $48K in mortgage interest during year one. If you’re in the 37% federal bracket, you can deduct that interest. That puts $17,760 back in your pocket. Your effective borrowing cost drops from 6% to about 3.8%. Property taxes are also deductible up to the $10K SALT cap. In many states that’s another few thousand in tax savings. Now here’s where it gets interesting. When you sell stocks at a profit, you pay 15% to 23.8% in long-term capital gains tax. No exceptions. When you sell your primary residence, the IRS gives you an exclusion. If you’re married and lived there two years, you can exclude $500K in gains from taxes. Completely tax-free. If you’re single, it’s $250K. No equivalent exists for equities. None. Let’s run a 10-year scenario. You buy that $1M home with $200K down. It appreciates 4% annually. After 10 years, the home is worth $1.48M. Your gain is $480K. You sell, take the exclusion, and pay zero federal tax on the gain. Your friend puts $200K in the S&P. It compounds at 9%. After 10 years, they have $473K. They sell and owe $54K in long-term capital gains tax at 20%. They keep $419K. You kept $480K tax-free. They kept $419K after tax. And you had a place to live the entire time. But wait. There’s more optionality in real estate that stocks don’t offer. If you convert your home to a rental before selling, you can use a 1031 exchange. This lets you roll your gains into another investment property and defer taxes indefinitely. Your $480K in gains moves into a bigger property. No tax event. You can keep doing this your entire life. Some people die with millions in deferred gains that pass to heirs at a stepped-up basis. Try doing that with Apple stock. You can also depreciate rental property on a 27.5-year schedule. This creates paper losses that offset real cash flow. You collect rent, but the IRS lets you report a loss. Stocks offer no depreciation shield. Now consider forced appreciation. You buy a dated home, renovate the kitchen and bathrooms for $50K, and add $150K in value. You created $100K in equity through sweat and decisions. Stocks don’t let you do that. You can’t renovate your way to a higher share price. The chart shows S&P 500 at 7000 vs median home prices around 2000, indexed from 1970. What it doesn’t show is that almost nobody buys a home with 100% cash. The comparison treats real estate as an unleveraged asset class. It ignores that a 4% return on a 5x leveraged asset generates 20% returns on equity. It ignores tax deductions that reduce your borrowing cost. It ignores the primary residence exclusion. It ignores 1031 exchanges. It ignores depreciation. It ignores forced appreciation. The tweet asks why people take 6% mortgages when renting is cheaper and they could earn 9% in stocks. Because $200K in a home generates more after-tax wealth than $200K in equities over a 10-year hold in most appreciating markets. Housing can be an amazing investment (if you get the right land in the right market at the right price).
Michael A. Arouet@MichaelAArouet

Wow, probably the most eye-opening chart you'll see today. Can someone please explain why people take 6% mortgages to buy a house if renting is cheaper? They could earn 9%+ on their equity in the stock market instead. Double loss. Does this make sense to you?

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Ashton Van Dam
Ashton Van Dam@AshtonVD·
@TheChiefNerd @DavidSacks This coming from four billionaires is actually hilarious. The All-in podcast has become so self-serving it’s embarrassing.
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Chief Nerd
Chief Nerd@TheChiefNerd·
🚨 David Sacks on California’s Billionaire Tax Act “A wealth tax has been tried in many places at many times. It always backfires because whatever the tax benefit is that you get for the state, it's greatly outweighed by the economic depression that you get by the wealthy people, the job creators, the companies, leaving.”
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Evil Empire
Evil Empire@octoberstanton·
The 2026 World Series matchup the entire world wants to see
Evil Empire tweet mediaEvil Empire tweet media
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OldTimeHardball
OldTimeHardball@OleTimeHardball·
Rickey Henderson is on 1B, and he’s looking to run. You can have any Catcher from any era try and gun him down. Who gets the nod?
OldTimeHardball tweet media
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Fun Football Podcast
Fun Football Podcast@FunFootballPod·
Missing the playoffs officially CLOSES the goat case for Patrick Mahomes. Tom Brady and Joe Montana will always be better. Is this TRUE or FALSE???
Fun Football Podcast tweet media
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