1trailmaker Posted April 16, 2019 Share Posted April 16, 2019 1 minute ago, ArcticCrusher said: No, I should be able to opt out of it so long as I provide my own way. I know most people can't live within their means and spend before saving a dime and blame everyone else for their own mistakes. I already know modest returns on the same investment every year, you would have over 400K for each spouse instead of a measly 20k/yr combined. They are doing no favours. back when you were young you would only be paying less than 1000 a year - dude you can't make that into 400k ever just not possible.... your first 20 years you only put in less than 20k yet you can make that into 100's of thousands Even using the rule of 7 and interest rates of 15% you can't make that kind of money today you max out at 2200 or something so a kid today may be able to make that into 400k I should get a rebate if I don't get sick or use a hospital sometimes you just pay to live in this great country. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 6 minutes ago, 1trailmaker said: back when you were young you would only be paying less than 1000 a year - dude you can't make that into 400k ever just not possible.... your first 20 years you only put in less than 20k yet you can make that into 100's of thousands Even using the rule of 7 and interest rates of 15% you can't make that kind of money today you max out at 2200 or something so a kid today may be able to make that into 400k I should get a rebate if I don't get sick or use a hospital sometimes you just pay to live in this great country. I don't think so. Like I said I would have blown way past 400K. Quote Let's say Bill started working 40 years ago. Back then he only contributed 1.8% of your pay to a maximum of $135.00. From this point, every year his contribution amount would have gone up because of inflation adjustments and increases to the contribution rate. Over the course of 40 years, he would have contributed $44,692.80. Bill's employer would have also matched his contributions. Today, 40 years later, Bill would be eligible for a CPP retirement benefit of $1092.50 per month or $13,110 per year. Is that good or bad? If we look at it from the perspective of how much money would we need today as a lump sum to generate an annual income of $13,110 per year, we can estimate that we would need somewhere between $230,000 and $330,000. Let's say Bill could have taken his CPP contributions along with the employer contributions and invested it himself he would need to earn somewhere between 6.5% and 8.8% to achieve the $230,000 to $330,000. If Bill did not have the employer contributions, it would be very difficult to replicate a pension of $1092.50 per month. Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 16, 2019 Share Posted April 16, 2019 25 minutes ago, ArcticCrusher said: I don't think so. Like I said I would have blown way past 400K. no Kevin Oleary also says buying a house is a bad idea and you don't make money at it Yet he is proven wrong every single day on this topic. You are my example on house buying - just not possible to make the profits you have other ways while putting a roof over your head. Your example also proves CPP is a better way for most Canadians Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 24 minutes ago, 1trailmaker said: no Kevin Oleary also says buying a house is a bad idea and you don't make money at it Yet he is proven wrong every single day on this topic. You are my example on house buying - just not possible to make the profits you have other ways while putting a roof over your head. Your example also proves CPP is a better way for most Canadians 1st Bold. Your wrong. CPP is there for those who can't help themselves, that is all. Kevin is wrong on real estate, I have never said you can't make money in it. I actually own several properties, just have zero desire to deal with retail tenants/renters, now just adding to private REITS. I respect Kevin, but his dabble into the financial world was a disaster, at least a major underachievement from a client's point of view, but then that's pretty much the entire industry. 2nd bold, huh? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 https://www.ctvnews.ca/politics/court-orders-lobbying-czar-to-take-new-look-at-aga-khan-s-vacation-gift-to-pm-1.4382173 Quote Link to comment Share on other sites More sharing options...
irv Posted April 16, 2019 Share Posted April 16, 2019 2 hours ago, 1trailmaker said: LILLEY you mean he is against Trudeau wow didn't know such horrible reporting but it does serve to its small base of factless newoneways sorry IRV Of course, no mention of bringing Terrorists into Canada, just a comment on Lilley. How come you move the goalposts so often, trail? I know it must be tough for you to accept that your hero, trudope is an idiot, but anyone, with a brain on their shoulders, would say this is a bad idea. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 Quote On Tuesday, Legal Aid Ontario said the provincial government was cutting funding, meaning the agency’s lawyers would have to stop accepting most new immigration and refugee clients effective immediately. The Ford government said those costs should be burdened solely by the federal government. Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 16, 2019 Share Posted April 16, 2019 4 hours ago, ArcticCrusher said: https://www.ctvnews.ca/politics/court-orders-lobbying-czar-to-take-new-look-at-aga-khan-s-vacation-gift-to-pm-1.4382173 poor Trudeau Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 16, 2019 Share Posted April 16, 2019 2 hours ago, ArcticCrusher said: so by the tax payer what are you cheering Doug for? he didn't save you money dummy Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 (edited) 44 minutes ago, 1trailmaker said: so by the tax payer what are you cheering Doug for? he didn't save you money dummy Justin can pay for his own promises. Go Doug. Edited April 16, 2019 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 16, 2019 Share Posted April 16, 2019 16 minutes ago, ArcticCrusher said: Justin can pay for his own promises. Go Doug. YOU ARE PAYING STILL Watch what happens next Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 1 minute ago, 1trailmaker said: YOU ARE PAYING STILL Watch what happens next Why should it come from Doug's budget? It's Trudeau's blantenly stupidity? Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 16, 2019 Share Posted April 16, 2019 1 minute ago, ArcticCrusher said: Why should it come from Doug's budget? It's Trudeau's blantenly stupidity? It makes no difference to you is what I said Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 16, 2019 Share Posted April 16, 2019 1 hour ago, 1trailmaker said: It makes no difference to you is what I said Stop posting links that contridict that then. Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 17, 2019 Share Posted April 17, 2019 1 hour ago, ArcticCrusher said: Stop posting links that contridict that then. This could back fire on Ford, his timing is off Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 17, 2019 Share Posted April 17, 2019 No surprise Alberta going back to CON 44 years and bare cupboards - the dream can still come true Quote Link to comment Share on other sites More sharing options...
toslow Posted April 17, 2019 Share Posted April 17, 2019 1 minute ago, 1trailmaker said: No surprise Alberta going back to CON 44 years and bare cupboards - the dream can still come true 1 minute ago, 1trailmaker said: No surprise Alberta going back to CON 44 years and bare cupboards - the dream can still come true ffs trail, don't you ever get tired of getting kicked around on this forum? Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 17, 2019 Share Posted April 17, 2019 1 minute ago, toslow said: ffs trail, don't you ever get tired of getting kicked around on this forum? 44 years of CON rule 4 years NDP its all there fault Unless Oil prices go up Alberta will not have profitable oil like in the past Quote Link to comment Share on other sites More sharing options...
Muskoka1 Posted April 17, 2019 Share Posted April 17, 2019 Run it like Klein & Lougheed did and they can balance the budget-more anti-Trudashian ammo! Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 17, 2019 Share Posted April 17, 2019 One and done. Team Trudeau has become a liability, stay away. https://www.ctvnews.ca/politics/liberals-find-anti-trudeau-sentiment-on-campaign-trail-in-prince-edward-island-1.4383443 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 17, 2019 Share Posted April 17, 2019 10 hours ago, 1trailmaker said: No surprise Alberta going back to CON 44 years and bare cupboards - the dream can still come true The NDP was handed zero debt and then piled it on like only the NPD can. Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 17, 2019 Share Posted April 17, 2019 42 minutes ago, ArcticCrusher said: One and done. Team Trudeau has become a liability, stay away. https://www.ctvnews.ca/politics/liberals-find-anti-trudeau-sentiment-on-campaign-trail-in-prince-edward-island-1.4383443 Seems its pretty common on the Island Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted April 17, 2019 Share Posted April 17, 2019 (edited) 1 hour ago, ArcticCrusher said: The NDP was handed zero debt and then piled it on like only the NPD can. Again OIL PRICES HAVE DROPPED and one trick Alberta is feeling the pinch - this isn't something any government can stop. chart pretty much sums up why Cons did okay over the decades its so stupid to believe the Cons in Alberta are greatness They had the golden ticket, but have now lost it less than 5 million people in Alberta - they only need a Mayor Edited April 17, 2019 by 1trailmaker Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 17, 2019 Share Posted April 17, 2019 24 minutes ago, 1trailmaker said: Again OIL PRICES HAVE DROPPED and one trick Alberta is feeling the pinch - this isn't something any government can stop. chart pretty much sums up why Cons did okay over the decades its so stupid to believe the Cons in Alberta are greatness They had the golden ticket, but have now lost it less than 5 million people in Alberta - they only need a Mayor Dude oil is cyclical, always has been, always will be. Quote Link to comment Share on other sites More sharing options...
franks pond Posted April 17, 2019 Share Posted April 17, 2019 Quote Link to comment Share on other sites More sharing options...
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