Snowstorm

joined 1 month ago
[–] [email protected] 1 points 1 hour ago

How deep do you want to go? A person with an intense desire to understand everything and use the best data to take sensible decisions will like The Rational Reminder podcast and it’s wide content. Recently it discussed a paper challenging the use of bonds in a portfolio and proposing 100% stock in a 1/3 domestic market - 2/3 international market split as the optimal portfolio in most situations. Don’t take my word for it, understand the underlying logic and if it’s right for you yourself. Bonus for the nerds: how is the current chaos supporting or contradicting the efficient market theory?

If you want a more condensed explanation: don’t invest money you will need within the next decade and focus on low cost (low MER) index etf. Some all in one etf exist or you can choose 2-4 etf and rebalance them yourself. You don’t have enough talent and ressources to do single stocks: most professionals gets results below the market average.

[–] [email protected] 3 points 1 hour ago (1 children)

Trump won’t roll back anything : this is how he secure control of US government funding from the congress hand to his own.

The goal isn’t economic success, he seek a political gain.

[–] [email protected] 2 points 1 hour ago (1 children)

Where is Korea and Japan answer to the tariffs?

[–] [email protected] 13 points 14 hours ago

This need to be said louder!

[–] [email protected] 8 points 19 hours ago (1 children)

You can also forget about exporting those.

[–] [email protected] 16 points 1 day ago

That’s way better than the simple blue-red state counter tariff strategy. We should keep focusing on republican state but these only have powers every two years under a fair election process and can be less effective with propaganda.

Billionaires will react to any situation under a three months period and won’t be as much prone to information manipulation. They will find ways to have the ears of the king

[–] [email protected] 11 points 2 days ago

Lâche pas, ça vaut la peine!

[–] [email protected] 23 points 2 days ago (7 children)

We should all speak more French out of patriotism to show that we aren’t Americans?

[–] [email protected] 1 points 3 days ago

Thanks you!

Vivaldi in tryouts, will look into Shift browser Tuta mail installed today with custom domain Will exit Microsoft 365 within the week Will also exit Netflix for CBC Gem + Crave

[–] [email protected] 17 points 4 days ago (4 children)

If they do invade us they will have accepted genocide as the most efficient tactic before crossing the border.

[–] [email protected] 20 points 5 days ago

Restructuration of ownership and debt so that if Tesla fails he get to keep his assets in his other non public companies. At one point Tesla stock was leveraged to buy Twitter, i think that Elon shielded his assets because Tesla is way too exposed.

[–] [email protected] 23 points 1 week ago (4 children)

He is showing us what he is afraid of. Canada is risking 30% gdp in a trade war but how much of this 30% can be gained back with increased trade? For example selling aluminum to European.

 

It seems the US isn’t competitive in the Icebreaker business… should we keep Helsinki’s shipyard busy for our own profit?

 

Article in question from CBC

https://www.cbc.ca/radio/ideas/adam-gopnik-anti-elitism-antisemitism-anti-urbanism-1.7458841

Trying to make sense of the current political storm, this article helped me.

I keep coming back to the question: what’s the end goals/motivations of Trump supporters? They know he wants to break the government and, yet, thinks it’s worthwhile. Why? Motivation will be multifaceted and we read all kind of proposition from dementia to dark gothic MAGA (as a plot from billionaires to each be king of their own techno-feudal city state). I don’t want to be naive but don’t want to be fear mongering either. Any agenda is enabled by the population and sufficient support.

This article’s take on anti-elitism as a rejection from the uneducated mass of educated immigrants because they perceive them as competition and as being responsible for their failure to achieve success… it leaves me a bit depressed because it takes effort to open up to any difference (immigrants, sexual orientation… ) and the mass of average (poorly) educated population doesn’t have the ressources to make this effort. And then the division in our population can be exploited by dangerous individuals for further pain.

How do we fight this now (and frankly forever because this weakness is intrinsic to this world, for every generation)?

 

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…

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