RE:RE:RE:RE:RE:RE:RE:RE:RE:55%A lot of that has to do with the price of housing these days. Hard to pay rent/mortgage and still have a life without credit. Not the way it should be.
Kids have no problem paying stupid amounts of money for their phone plans, which everyone seems to need. WTF? Priorities - that ain't one!
Yeah, spenders get to redo their finances or go bankrupt. Maybe I should do that, buy a house I can't afford and go bankrupt (apparently you get to keep the house???) Savers get taxed, and CRA WILL take the house.
SargeX wrote: Hey Leo
The gov't part that really frosts me is that lots of the so-called stimulus is to bail out a bunch of people that were living beyond their means and had no rainy-day savings. My Dad taught me that besides a house, never, ever buy anything on credit. I then taught that to my kids and they both have an emergency fund.
What is obviously going to happen is that taxes are going to go up and the savers are going to get penalized more than the spenders. Such is life in what used to be a good country.
To limit the future tax pain, I'm not going to buy anything more for the long term and just gift our extra cash to the kids to pay down their mortgages.
Ciao
Sarge.
I really hate to see
leo101 wrote: hey sarge, i meant to address my last comment to you but i'm so frustrated with google sheets at the moment my brain and fingers are on a different wavelength. nix justin, focus on tax free capital growth. justin bugs me more than bill good flogging mortgages these days.
leo101 wrote: hey red, every time justin comes on tv for his daily performance i want to reduce my dividends more. there have been some terrific bargains in the div stocks but i'm picking away at hxt and hxh to try and keep a few kopeks out of justins pockets.