Snowstorm

joined 1 week ago
[–] Snowstorm@lemmy.ca 12 points 12 hours ago (2 children)

Lets have a guillotine tax : after 1000x the average wealth you are taxed 1% of the wealth above that threshold yearly to avoid meeting with…

That means a growing business owner sells 1-2% of his stock yearly but still grow his wealth if the business likely grow 10%. The government fund education and health and new people can vote on those stocks.

[–] Snowstorm@lemmy.ca 5 points 1 day ago

Don’t they (US) stand to loose more if digital service taxes get really implemented? The current version is quite small and symbolic. Other countries introduced this on a small scale but would all benefit from building their own digital service ecosystem shielded from the US competition: it didn’t happen at scale not to break overall business with the US but if the business is breaking anyway…

[–] Snowstorm@lemmy.ca 2 points 1 day ago (1 children)

Can you explain your choice to move from 1:1:1:1 equal volume template to this? I guess the St Germain and Chartreuse are sweet enough to replace a syrup and balance against the lime leaving you with a strong Tequila-Mezcal flavour. Do you loose the St-Germain under the other?

[–] Snowstorm@lemmy.ca 3 points 2 days ago

I am two years ahead of you, so i got a high quality Hawaiian branded uke 18 months ago. I can calm my UAS with three good enough instruments to keep busy. You can check Twisted Wood (they presents themselves as Canadian with made in China ukulele maybe made by Enya) i almost bought the Switchback model before i went with Pono (US based)

[–] Snowstorm@lemmy.ca 1 points 2 days ago

Just the tip?

[–] Snowstorm@lemmy.ca 3 points 4 days ago (1 children)

10 % isn’t based on anything but let’s imagine: 2-4 % military 1 % communication infrastructure, media and unbiased information 2-4 % healthcare 2-4 % food. You quickly get to 10%. Too big and you loose the benefit of free trade.

[–] Snowstorm@lemmy.ca 8 points 4 days ago (4 children)

Free trade is the best system for 90 % of an economy. I will take a dump on Trump any day, maybe twice , but having a small capacity to build your own silicon chip is mandatory in case of a military conflict. Covid wasn’t a planned military conflict and first world economies couldn’t produce mask, gown… and luckily the virus wasn’t so deadly and only a small % of the population died.

I am Canadian… by any free trade perspective it looks like we should buy our milk from countries with less harsh winter… but then we would be on our knee if an idiot decide to bully us with a duty tax.

There should be free trade for 90 % of a country gdp and elected officials can change their list of excluded 10 % every few years.

[–] Snowstorm@lemmy.ca 4 points 5 days ago

It’s beginning, i hope it grow strong enough because it will take a few years of pain before we emerge stronger. I doubt the majority of Canadian have a strong enough resolve now. We can easily be divided.

[–] Snowstorm@lemmy.ca 2 points 5 days ago

Do you have a link for those reviews of Tuta email?

[–] Snowstorm@lemmy.ca 11 points 5 days ago (4 children)

I know nothing, but isn’t some pieces of Google software to be found on many sites that aren’t Google or YouTube?

[–] Snowstorm@lemmy.ca 8 points 5 days ago

Please come, it’s fun not to fight insurances companies and just prescribe what you consider is the best treatment without thinking too much about the capacity of the patient to fill the prescription.

I will boycott American product with a passion, but what’s a little brain drain between “friends”? Any other field with smart and motivated women we might be interested in?

[–] Snowstorm@lemmy.ca 2 points 5 days ago

Where is this dip?

 

cross-posted from: https://lemmy.ca/post/39240669

Anybody Alive And Growing Anything?

Photo of my biggest terrarium for attention. Things are less colourful currently; this is from about a year ago. I always enjoy my terrarium the most in February with the green contrasting with the Canadian winter. It’s especially white and snowy this week.

 

Photo of my biggest terrarium for attention. Things are less colourful currently; this is from about a year ago. I always enjoy my terrarium the most in February with the green contrasting with the Canadian winter. It’s especially white and snowy this week.

 

I wont ever advise for timing the market, yet the current imminent US-Canada trade war and political storm inspired me to reassess my investing strategy.

Context : Mid 30, kids, mortgage, stable job but no retirement plan with the job.

I favour a diversified mix of low cost index fund but being a nerd i enjoy the Rational Reminder podcast and understanding the smallest details. An evidence based approach to risk and expected returns will guide my choices.

I started with 20 % bond and 80 % stock. The problem with bond : can exhibit volatility if interest rate change especially over longer time horizon, will limit growth if too high %, uncorrelated to stock but sometimes move in the same direction than stocks in recent downturn… I can put some extra payments on my mortgage and consider this a bond for a few years.

I want home country bias : no withholding taxes on dividend and at the opposite i get a tax credit for taxes already paid in Canada. In a conflict i can’t ever be expropriated from my own country stocks and use the Canadian currency for my spending. Let’s make Canada 25%.

Next is the US allocation. It’s two thirds of the investable world by market weight (see the VT etf if you want references) it’s had incredible returns in the last decade with p/e multitude going higher. Currency and country are uncompensated risk (random) and i won’t put myself in a place where 2/3 of my retirement is subject to random results. I choose 35 %.

That leaves 20 % for International developped market. I would like this to be higher than US but i will wait for the actual market weight to tell me that International merits a higher than US %. I leave developing market alone : i want an efficient market with free flow of information snd rules of law properly enforced.

Total 100% (20-25-35-20) close to VGRO.to No single stock, no gold, no crypto. What are your asset allocation plans and most importantly why?

If there is enough engagement here, i will make a future post about asset location, favourite etf to achieve my goal, small cap value and insured US allocation with deep itm options on SPY.

 

Feu Follet :

45 ml lightly aged agricole rum

15 ml green chartreuse

15 ml Falernum

15 ml St Germain

15 ml orgeat 

30 ml lime

20 ml Pineapple

150 ml Crushed ice (more dilution is wanted)

Angostura bitters 1-2 dash on top

A tick bush of slapped (for aroma) thai basil 

French name because of many French ingredients, but keeping with tiki traditions of mysterious and dangerous vibe.

I created this recipe after reading through the excellent tiki cocktail book Smuggler’s Cove. It’s unnecessarily complicated just because…

view more: next ›