 the book Millionaire Teacher by Andrew Hallam. He released a new edition January 2017. This really breaks things down nicely.
Great advice, jooniFLORisploo!! Much appreciated! I am getting this book right now. I am reading Tony Robbins' "Unshakeable", but lots of information is US based. I tried to use the links and they do not have equivalent once for Canada, BUT this book made me review the current investment. As suggested, I might start a new thread... I need to get my questions organized (too many) :). Thank you again.
When I did my thread to sort out the details, I asked one question at a time. i.e., Posted one question, got it answered thoroughly, posted the next in the same thread, got it answered... There were maybe 20 distinct questions, starting with things like "is stocks and equity the same thing?", so you can sense my starting point, lol. The community was AWESOME, and this approach really did the trick for me.
It was partway through that thread that I read MT, and that would have saved us all some effort, lol.
i dont think its a country specific question - so i'll chime in... robo advisors are decent but will charge you a higher rate than any value they provide. You're at this site and have passed the pack by getting here. You should manage the money yourself and you'll save alot of fees over time.
Thank you!! I am still very very new at this :). I am trying to understand and learn on how to actually do it myself, don't feel confident enough yet. BUT i have to move my investments asap, since we are currently with someone that is charging a lot. So I was thinking to get a robo-advisor for now, and continue to gain knowledge until I can just do it myself.
Maybe someone from Canada will chime in with the equivalent of dump it into vtsax and forget about it but that's what I'd do while I was learning. Not pay higher fees in between.
What's the thinking for choosing Roth over tIRA under the new tax brackets? Choose Roth at 12 percent and under, and tIRA for 22 percent and up, all else being equal?
The new VBAL or VGRO from Vanguard fill this role quite well.
Great job, just one comment: if you have kids, and you plan to help with their education costs, the RESP is the best bang for your buck because of the government grants. Better than the TFSA or RRSP. And if you are not inclined to help them out TOO much, or if they don't need that much money for whatever reason, keep in mind your contributions are still yours. The grant and any investment gains are taxed in your child's hands, and once withdrawn by your child you can pull out the contributions for yourself. It's basically loaning your kid some money and letting them get some amazing returns from it (mostly from the grant) in a tax deferred account, then getting your principal back on "maturity". Not a huge loss for you, massive gain for them. Doing the math on it, as I said, it works out better than anything else in pretty much all cases, so this would be my Step 0.5 I guess.Home IPL 2020 News Andre Russell trolls Dinesh Karthik for his New Look!
Dinesh Karthik, Andre Russell & Sunil Narine Showcased their funny side to the audience as they took a dig on each other throughout the episode.
With the IPL got postponed indefinitely, cricketers who were a part of the cash-rich league suddenly got plenty of free time in their hands. Many are utilizing different social media platforms to interact with their fans & fellow teammates. Using this opportunity, various IPL franchises have started dedicated chat shows featuring their star players in order to entertain the audiences. The two-time champions KKR have started a brand new show ‘Totally Stumped By DK’, which is hosted by their skipper Dinesh Karthik.
The KKR based franchise posted the first episode of their brand new show featuring star players Andre Russell & Sunil Narine. All the three players showcased their funny side to the audience by taking a funny dig on each other throughout the episode. It started when Andre Russell decided to take a dig at Karthik’s fully grown beard & commented, “DK what’s wrong with your barber. Your barber dead?”.
Hearing Andre’s comment all the three players couldn’t stop their laughter & burst out laughing. When things calmed down a bit, Karthik tried to explain the current status of lockdown in the country where movement is allowed only for essential services & emergency situations.
However, Russell didn’t leave any stone unturned & again came up with a hilarious reply & said, “You are not allowed to get like razor blades and stuff?”. However he evened the things out by complimenting Karthik’s New Look, “I like your new look man,” he said.
Narine who was quiet for so long also said, “You should have this hairstyle for IPL”. The episode became a hit among their fans & it also showcased the trio cricketer’s funny side to the world.
Next articleThe ICC Postpones Two Series Scheduled due to the Coronavirus Pandemic!Venice is an incredible and truly unique city that draws millions of people to it every year.
A city built on a swampy lagoon in a bid to evade barbarian invaders, it is incredible to believe that it was made by hand in the 5th Century AD, and without any benefit of modern machinery (or the mass importation of slaves for that matter!).
On the mainland the Venetians were constantly caught up between invaders and armies, moving to the water gave them an opportunity to not only survive, but thrive and become one of the most powerful cities in the world.
Venice is built across 117 low lying islands in the middle of the once swampy lagoon. In order to create strong bases for buildings, early Venetians had to come up with a unique construction method. So, they created larchwood rafts and intricate timber piles, driven deep in the soil and the compressed clay beneath.
These rafts and piles had to be strong enough to support stone and marble buildings, which they miraculously have! Most Venetian buildings are at least 400 years old and are still standing strong.
Before the islands could be constructed, canals had to be constructed to form pathways. So parts of the lagoon were drained, then canals were dug and lined with piles (tightly packed wooden stakes).
Wood had to be harvested and shipped in from Northern Veneto, Croatia, Montenegro and Slovia as there were no forests near the lagoon.
The canals vary in depth, which changes depending on the tide levels and maintenance work (dredging to remove soil build up). The shallowest canals are about 1.5 – 2 metres deep and the Grand Canal is approximately 5 metres.
Sadly, the city is slowly sinking approximately two millimetres every year and could potentially be permanently flooded by 2100.
There is an incredible array of architecture found across Venice, with much of the buildings influenced by the countries linked through trade with Venice. Every style of architecture is found here, from Medieval to Neo-Classical styles, Gothic and Palladian structures.
There are also clear influences from the Eastern Mediterranean countries, Byzantine and Egyptian inspiration, and incredible Islamic tilework found across many Palazzos.
Campos, or squares, were originally the centre of little self-contained communities. Each of the ‘islands’ that makes up Venice were essentially small communities, all with their own water supply, church and bell tower right in the centre of the Campo. From there the palazzos, shops, warehouses and homes stretched out in the laneways.
You might notice that all the campiles (towers) have a slight lean to them, this is simply due to the subsoil beneath slightly sinking.
There was no real way to judge the maximum height a tower or building could be in the medieval ages, so builders simply kept building until the towers would collapse.
The height of the Campanile in San Marco Square was increased several times, until it collapsed from the sheer weight in 1902. So, when it was rebuilt to its current form, larger timber foundations were used and they also knew their height limit!
Many of the bridges which connected the islands were also privately owned. Which meant you had to pay a toll each time you needed to cross one… even more concerning was that none of the original bridges had rails on them, making bridge crossing a risky journey at night!
Now, the original bridges are long gone, replaced by iron, stone and wooden marvels. The two most famous being the Bridge of Sighs and the Rialto Bridge. Did you know the reason it was called the Bridge of Sighs, was because prisoners would sigh while crossing?
The best way to truly admire the opulence and scale of the city is of course by water. The Palazzos which line the canals have the most lavish facades (first impressions matter!). While faded from wear and time, the gold leaf and intricate detailing is still awe-inspiring to see. Jump on the Vaporetto’s (water buses) for the most affordable scenic tours of the city.
If you are curious and want to discover more about the history of the architecture of Venice, Google Arts & Culture are showcasing a photographic virtual tour of Venice. This is part of the 17th Venice Architecture Biennale which is happening this year (2021).
Maybe they ought to head home and