A l’audience, il s’était dit « vraiment désolé que la victime ait entendu ces malheureux propos ».

Je ne suis pas désolé de l’avoir dit, je suis désolé de m’être fait prendre… Misère…

C’est génial ! Ça va durer plus longtemps que Les Feux de l’Amour cette histoire ! Tous les jours on en trouve une nouvelle !

It would be so great, maybe one day!

I’m curious: what was your problem with Google Forms?

Our form has more questions than cashew (day of the expense if not today, amount, category, recipient, description and spender), but could easily be made shorted, so it could be a 4 step process :

1. Touch shortcut
2. Enter description
3. Choose category
4. Enter amount
5. Click submit

I’ve been using my own Google Spreadsheet for a few years now, and it would really be hard to switch to something else, not because of Forms, but because it works the exact way I need and if something is missing, I can easily add it. It is also mostly technology agnostic, so I could easily move it to Excel or LibreOffice. I’d have to rewrite part of it in order to get back live currency exchange rates and stock data though.

The only reason I can see is that the mortgage isn’t funded by Equitable Bank but by a third-party lender. So I wonder if this is a way to circumvent the lending ratios on mortgages, which would allow people to qualify for higher amounts despite the higher interest rate.

Hahaha boring and effective is generally the best way, thank you for sharing !

What’s the split on your serious money/fun money/crypto investments? Do you do any rebalancing?

The latter two give a combo of interest and dividends which is taxed more favourably than an actual bank HISA with the same return.

Are you sure about that? If I remember correctly, tax treatment is the same between these ETF interests and regular savings accounts interests, ie added to income and taxed at your marginal tax rate.

Definitely get your bearish sentiment. Many companies are adjusting their outlooks downward due to economic challenges like inflation, supply chain issues, and geopolitical concerns. The market’s uncertainty is evident in VIX’s movement. Caution and risk management are key now.

Although exact pricing was not yet available, rates are expected in the 9% range given that this is an uninsured alternative lending product with an extended amortization and potential higher risks

Can you feel affordability flowing?

EDIT : Just for fun, I ran the numbers :

• Loan of $500,000 at 7% over 25 years: monthly payment $3,534, total interest $560,169

• Loan of $500,000 at 7% over 30 years: monthly payment $3,327, total interest $697,545

• Loan of $500,000 at 9% over 40 years: monthly payment $3,857, total interest $1,351,268

I don’t even understand the existence of this product…

With the skyrocketing real estate values, I just found out that my city now uses two different values for calculating taxes, a lower value based on the last assessment, and for transfer tax, which is a higher value updated annually based on the tax value and a coefficient. For 2023, in our area, this coefficient is 1.3. This means that the minimum value for calculating the transfer tax is 30% higher than the municipal value of the property.

So I’m wondering: why don’t they use the same value in both cases? Wouldn’t that be more logical?

For reference, the municipal value was updated in 2022, and that year, the municipal value was equal to the value for calculating the transfer duty. Does this mean they believe that houses have increased in value by 30% in one year?

I was thinking the same thing. IMO, he either refinanced his home and/or used an HELOC, so that he could borrow some money based on the value of his house, which is why the amount he owed wasn’t decreasing as fast as it should have. It would be nice to have a better financial profile in this kind of articles…