kspaans

27 ms·

1. 211.▲
   by kspaans 10y ago

   Are you saying there should be a 100% capital gains tax on land? What about people who buy houses in an up-and-coming area, don't perform any renovations, and then sell later at a profit? Did they "earn" any of that value?
2. 212.▲
   by kspaans 10y ago

   How do existing property taxes not penalize retirees/Grandma, forcing them to move out? If they start owing LVT, they could defer payment until they sell their property[0]. There are many ways asset-rich, cash-poor people could be acco
3. 213.▲
   by kspaans 10y ago

   Ahh OK, so you want something pretty close to an annuity then. I wonder if Wealthfront or Betterment or something would have a plan that helps you invest while you work and then buys an annuity for you when you retire...
4. 214.▲
   by kspaans 10y ago

   I'm roughly a quarter French-Canadien and grew up in North-Eastern Ontario near the border. My french education has been a blend of Parisian and Québecois. I remember taking a very enlightening french class at UWaterloo: FR373 History
5. 215.▲
   by kspaans 10y ago

   Vanguard has a product similar to what you're looking for: Target Retirement Funds. https://investor.vanguard.com/mutual-funds/target-retirement... It does everything you want up to retirement age, but after tha
6. 216.▲
   by kspaans 10y ago

   Or more countries could go non-territorial like the US!
7. 217.▲
   by kspaans 10y ago

   I get that, generally speaking, the owner of a house should have the right to set their rental prices. But what is the risk associated with a property you own suddenly coming under rent control? Sure, there is the opportunity cost if the ma
8. 218.▲
   by kspaans 10y ago

   Agreed, I was making $70k as new-grad at RIM in Waterloo in 2012. Though when the grandparent says Montreal is 12 hours away, do they mean driving? That would imply they are somewhere like Windsor or Charlottetown. That said, it could be Va
9. 219.▲
   by kspaans 10y ago

   When everyone has lots of free time no one will innovate new forms of entertainment. /s
10. 220.▲
    by kspaans 10y ago

    You mean something like an "imputed labour" tax kind of like some places charge income tax on "imputed rent" to homeowners?[0] Though that may get messy as traditional human labour costs change. Maybe a straight-up imput
11. 221.▲
    Thousands Violate SF Housing Laws Using Airbnb, Few Face Penalties(nbcbayarea.com)

    19 points by kspaans 10y ago|5 comments
12. 222.▲
    Foreign buyers crushing home dreams in Vancouver as Canada, B.C. do zip: study(winnipegfreepress.com)

    7 points by kspaans 10y ago|4 comments
13. 223.▲
    by kspaans 10y ago

    The UK has a campaign dedicated to this: http://ipayroadtax.com/ Admittedly it's more due to the UK's peculiar form of taxation (in a netshell: occupiers of houses pay "council tax" rather than owners pa
14. 224.▲
    by kspaans 10y ago

    I can somewhat understand S. America, but Mexico is in NAFTA!? (Probably presumed language issues.)
15. 225.▲
    by kspaans 10y ago

    Cuckolded, probably.
16. 226.▲
    by kspaans 10y ago

    Thanks, that was indeed the wrong NPR story. Fixed!
17. 227.▲
    by kspaans 10y ago

    > 4. The conversations happen in secret. Not commenting on any other aspects of TTIP, but they happen in secret for a reason.[0][1][2] Most trade negotiations are secret too, and if the whole process was public there would be too much bi
18. 228.▲
    by kspaans 10y ago

    Don't let school get in the way of your education.
19. 229.▲
    by kspaans 10y ago

    I've always wondered what the reasoning for not including housing in the CPI is.
20. 230.▲
    by kspaans 10y ago

    That's why you shouldn't keep most of your savings in cash. Non-cash assets can help you protect against inflation like this. But I do agree that if you've got a defined-benefit pension plan, your e.g. $500/mo will be do
21. 231.▲
    by kspaans 10y ago

    I only see bonds, and equities specifically mentioned.
22. 232.▲
    by kspaans 10y ago

    Not to mention many indexes completely recovered within a year or two of the GFC.
23. 233.▲
    by kspaans 10y ago

    I'd be careful about how you word that. They are predicting the average return of US equities would be about 1% lower over the next 20 years. Compound interest over time is what means you have to save twice as much to end up with the s
24. 234.▲
    by kspaans 10y ago

    Canada is in the same boat, with taxes and regulations changing between provinces. Yet they don't manage quite as much complexity in their tax code!
25. 235.▲
    by kspaans 10y ago

    The UK is for-real working on simplifying their tax code: https://www.gov.uk/government/organisations/office-of-tax-si... At the moment they are trying to harmonize income tax and National Insurance (which is not
26. 236.▲
    Top Three Design Firms Rebrand the IRS(bloomberg.com)

    1 points by kspaans 10y ago|0 comments
27. 237.▲
    by kspaans 10y ago

    IANAFA (not a financial advisor :P), but it really depends on your goals and risk tolerance. Sure, interest rates are low but so are inflation rates. Sitting on cash isn't as bad as it used to be if you want instant-access to dollars.
28. 238.▲
    by kspaans 10y ago

    Sounds like you need better advice. Most advisors will tell you that 5-10 years isn't quite long enough for the risks of stocks to pay off. Sounds like you wanted medium-term bonds instead of stocks!
29. 239.▲
    by kspaans 10y ago

    You can't (quite) choose how you report your profits to the IRS. This is about reporting the company's books to investors.
30. 240.▲
    by kspaans 10y ago

    There could still be gains in productivity.