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Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.
So true in many ways... if school taught us what we should be learning, we would never have to learn about sin / cos / tan, no algerba, and no fucking Pythagorean theorem!!!!! Only good thing which came out of that was learning to cut thru the school fields when I was a kid.
Schooling + laws are always behind on society's standards and needs. Look at vaping.. still trying to come up with rules and regulations.
TRUE story. On a conference call with 55 people who all lost their jobs (i was one of them; this guys said he has never had a resume since he graduated since the one he learned to do in high school (this guy is over 45+ yrs old. We were in shock... guess some people did use the CAPP course to do his resume ahhaha
sucks... they turned off the comments, wish I got a chance to read. This is the reason why one should NEVER EVER say yes to an interview.
It was so hard to watch, talked in circles, couldn't pin point a solid point, did not feel anything personal. Did not earn any empathy. Only thing he said worthy was 2k gov't funding is 1/3 of income... Wonder what he has to do or cut of 4k to stay afloat; at least that was a legit question from the reporter asking.
The comments are still up on CBC’s Facebook page.
Basically, it’s an emergency fund intended to help keep you afloat not fund the lifestyle you’re accustomed to.
Of course, if this guy was truly making $6k/month net, he should have a substantial savings, even living in Toronto.
Go take every vaccine for cold/flu then you will never get sick again and if it works for you report back, i'll consider taking a shot.
Oh and incase you forgot your h1n1 shot.
Quote:
Originally Posted by spoon.ek9
Realistically, it'll take about 12-18 months at the quickest/safest pace possible for a viable vaccine. The point I was trying to make was that we've literally had people think about getting sick with an aggressive, highly contagious, new virus with the goal of achieving herd immunity.
Meanwhile, all of the vaccines that been developed to prevent people from getting sick from a wide variety of really nasty viruses which legitimately (and safely) give you herd immunity have been ignored by a growing number of people.
Of course, if this guy was truly making $6k/month net, he should have a substantial savings, even living in Toronto.
6k a month is nothing dude. child daycare for 2 kids cost 2700 a month in Vancouver. mortgage maybe another 2k? 1k for food + junk, 700 for bills and what are you left with? you ain't saving a damn dime.
i know people who clear 300k a year and they are living pay cheque to pay cheque.
but if you're serious i have no sympathy for those people
ex wives. child(s) support. new wife, new kids, mortgage... the poor guy basically lives at the ports. foremens all make over 300k and a lot of them arent doing very well.
ex wives. child(s) support. new wife, new kids, mortgage... the poor guy basically lives at the ports. foremens all make over 300k and a lot of them arent doing very well.
I don't think that's very uncommon for a dock worker. Lots of money, no education, throw in a drug problem and an ex wife that hates you and your $70 an hour doesn't get you very far.
I don't remember being taught any money management in school. Luckily, my dad taught me the value of a hard earned dollar. He taught me not to spend the money that I worked for because you bust your ass for that and instead to spend the returns. It obviously works, as an immigrant with poor english skills, he never earned more than minimum wage but managed to retire at 60.
The reason he taught me that was exactly for times like this. I was partially following his advice but I was always skeptical. Then 2008 hit and that convinced me to go all in. Today, the monthly returns can pay my cost of living if I lose my job. Took a while to get to this point but I'm glad I did it.
__________________
"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
United States had a hair under 2000 official deaths from COVID-19 today based on EST, that's effectively double the number of deaths from one week ago today. They are now over 3.2% mortality rate and infections continue to explode. If the trend continues 16,000 people a day could be dying by the end of the month of April.
I have a question about the CERB and I'm not sure if I should post this here. A friend got laid off and didn't earn enough to qualify for the minimum of $5,000 income in the last 12 months or in 2019.
He does, however, have stock investments.
Would the investment be fit for one of these categories?
- Employment income
- Self-employment income
Isn't Phoenix TV another CCP Prop Maschine or am I mixing it up with something else?
No you are correct. She lied and pretended she was from a free publication in Hong Kong rather than a CCP backed publication in China.
In other words, the CCP knows that the only way to get along with the rest of the world is to acknowledge "HK is not China" and pretend to be from there.
I have a question about the CERB and I'm not sure if I should post this here. A friend got laid off and didn't earn enough to qualify for the minimum of $5,000 income in the last 12 months or in 2019.
He does, however, have stock investments.
Would the investment be fit for one of these categories?
- Employment income
- Self-employment income
Nada... both require your friend to work. It may be considered self employment income but he would've had to be making many trades a day for it to be considered work. If that's the case, they still wouldn't qualify because they can still work as the markets are still open.
__________________
"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
United States had a hair under 2000 official deaths from COVID-19 today based on EST, that's effectively double the number of deaths from one week ago today. They are now over 3.2% mortality rate and infections continue to explode. If the trend continues 16,000 people a day could be dying by the end of the month of April.
Pretty crazy how over half the deaths are concentrated in NY and NJ.
The rest of the country actually isn't doing all that terribly state to state, by comparison. https://www.nbcnews.com/health/healt...irmed-n1166966
__________________
Gold is the money of kings;
Silver is the money of gentlemen;
Barter is the money of peasants;
But debt is the money of slaves.
-Norm Franz
Overall, we rate RedState borderline Questionable and strongly Right Biased, based on story selection that always favors the right and use of emotionally loaded (sensationalized) headlines. We also rate them Mixed for factual reporting due to poor sourcing of information and a few failed fact checks.
Factual Reporting: MIXED
Country: USA
World Press Freedom Rank: USA 45/180
The fact you read trash websites like red state makes you lose all creditability.
__________________ Until the lions have their own historians, the history of the hunt will always glorify the hunter.
If I've learned a thing or two from my parents and their rich-asss friends. There's one single important lesson when it comes to money.
Time=/=Money
TIME is worth so much MORE than money because that's the one thing money definitely can't buy. You'd always have 24hrs in a day. What you can do, it's either do more within that 24hrs, or buy time from other person to do it for you.
It sounds simple, but if you really CRACK the code behind this, you will never have to work ever again in your life.
We get so many things wrong when it comes to money. And the worse of them all is to use time to trade for money. Take a good paying job... foreman just mentioned, accountant... heck, even a lawyer or a doctor... you know what's the problem of them? In all those professions, you can only trade time for money.
Example in spoiler
Spoiler!
Take my f&f as an example. She used to get paid quite well I'd say. But she still needed to work in order to get paid. If she didn't work, she got 0. And it shocked me that she was doing her own invoices to bill all the agencies she worked at every month.
With 3 kids and both of them working full time, they were really struggling to find work/life balance. So I asked her, why doesn't she hire an assistant? She told me, it's so expensive. I can't afford one... bla bla... Then I asked her, how much did she make in an hour and how much did she think she'd have to pay per hour for an assistant. I can't remember the exact figure, but it worked out something like 1/5 of her hourly wage.
Then I asked her how long did it take her to do the bills every month, and her reply was astonishing to me at the moment: 5hours MINIMUM on average (she'd do it last week of a month and an hour per day) per month between prepping the bills, organizing expenses, calculating mileages... and sending those to the agencies and accountant.
I told her, why don't you just hire a pt assistant to do all that for you. By the simple math, she could hire an assistant for 25hrs every month already if she ONLY took care of those tedious routines.
She was resistant at first but ultimately gave in to the idea as she really wanted to spend some time with kids.
Fast forward a few years, she now has a team of 8 and she works about 1/3 of what she used to. She basically hired another person to do her job. And now makes about 3-4x what she used to after all the expenses.
This is called investing in self-improvement. Too often people lock their minds of "investment" into assets like stock, RE... etc. But unless you have a lot of liquidity to work with, none of those investments would make as big of an impact of an investment ON YOURSELF. Say you make 100k a year and maybe you can squeeze 10k after tax to invest. WTF does 10k gets you in big assets like RE? Nothing. Stocks? Say you are lucky and you get a great return of 10% annually over time (between purchase to sell). That's 26K in 10yrs. And what does that get you? Still not much.
But if you could make a small change to your work habit, and you can make another hour worth of work, assuming a simple 8hr/day work schedule, that's a 12.5% return from the getgo.
We are in a difficult time. But I also think it's a great time to spend it organizing your life and really see what's important for you. If you want more time with family after the whole outbreak is done, find ways to reduce your work while making the same amount of money. If you want more money, find ways/strategies/tools that would improve your productivity or whatever measurement. Something as simple as reading a good book can improve yourself. If you really think you don't have time... let me give you a simple challenge: 30min. Use it EVERY DAY on something that would make yourself better for tomorrow. Say trim yourself up to be nice and tidy. Practice
Don't try to just SAVE. That, IMHO, is the secret of many self-made millionaires in my parents' generation. You might have saved purchasing power, but the impact is too little unless great sacrifices are made. If you are into a career, see how to get yourself better and whatever needed to be at the top of the hierarchy. Then when you have some liquidity, put those to work FOR you. Whether it's a property with cashflow, stock with dividend/growth potential, hiring people to earn money for you... etc. And you can divert your attention... hence your time onto things that you really care about; Be it your family or your hobby... but never ever trade time for money once you are past the minimum wage job stage.
No you are correct. She lied and pretended she was from a free publication in Hong Kong rather than a CCP backed publication in China.
In other words, the CCP knows that the only way to get along with the rest of the world is to acknowledge "HK is not China" and pretend to be from there.
They just use it whenever it's convenient or fits their objective.
ex wives. child(s) support. new wife, new kids, mortgage... the poor guy basically lives at the ports. foremens all make over 300k and a lot of them arent doing very well.
and still no sympathy....also you left out the drug and alcohol addictions
reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004
Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
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With the world economy down and most likely into a depression what do you guys think will happen to all the luxury stores in Van. Not just your typical LV, Canada goose, Tiffany, expensive restaurant like Five Sails etc etc and then there is the luxury car market. Do you guys think they will simply sink, thrive or pretty gone. Coz a lot of these brands gets their fuel by a lot of international students spending mommy's and daddy's money and tourist. Now both of these groups of people are gone at least for the next few years. How will the market react to it.
talking to my cousin who does the insurance for a lot of the high end homes and toys guys have...one of his clients just picked up a $1M boat. so guys are still spending money
If I've learned a thing or two from my parents and their rich-asss friends. There's one single important lesson when it comes to money.
Time=/=Money
TIME is worth so much MORE than money because that's the one thing money definitely can't buy. You'd always have 24hrs in a day. What you can do, it's either do more within that 24hrs, or buy time from other person to do it for you.
It sounds simple, but if you really CRACK the code behind this, you will never have to work ever again in your life.
We get so many things wrong when it comes to money. And the worse of them all is to use time to trade for money. Take a good paying job... foreman just mentioned, accountant... heck, even a lawyer or a doctor... you know what's the problem of them? In all those professions, you can only trade time for money.
Example in spoiler
Spoiler!
Take my f&f as an example. She used to get paid quite well I'd say. But she still needed to work in order to get paid. If she didn't work, she got 0. And it shocked me that she was doing her own invoices to bill all the agencies she worked at every month.
With 3 kids and both of them working full time, they were really struggling to find work/life balance. So I asked her, why doesn't she hire an assistant? She told me, it's so expensive. I can't afford one... bla bla... Then I asked her, how much did she make in an hour and how much did she think she'd have to pay per hour for an assistant. I can't remember the exact figure, but it worked out something like 1/5 of her hourly wage.
Then I asked her how long did it take her to do the bills every month, and her reply was astonishing to me at the moment: 5hours MINIMUM on average (she'd do it last week of a month and an hour per day) per month between prepping the bills, organizing expenses, calculating mileages... and sending those to the agencies and accountant.
I told her, why don't you just hire a pt assistant to do all that for you. By the simple math, she could hire an assistant for 25hrs every month already if she ONLY took care of those tedious routines.
She was resistant at first but ultimately gave in to the idea as she really wanted to spend some time with kids.
Fast forward a few years, she now has a team of 8 and she works about 1/3 of what she used to. She basically hired another person to do her job. And now makes about 3-4x what she used to after all the expenses.
This is called investing in self-improvement. Too often people lock their minds of "investment" into assets like stock, RE... etc. But unless you have a lot of liquidity to work with, none of those investments would make as big of an impact of an investment ON YOURSELF. Say you make 100k a year and maybe you can squeeze 10k after tax to invest. WTF does 10k gets you in big assets like RE? Nothing. Stocks? Say you are lucky and you get a great return of 10% annually over time (between purchase to sell). That's 26K in 10yrs. And what does that get you? Still not much.
But if you could make a small change to your work habit, and you can make another hour worth of work, assuming a simple 8hr/day work schedule, that's a 12.5% return from the getgo.
We are in a difficult time. But I also think it's a great time to spend it organizing your life and really see what's important for you. If you want more time with family after the whole outbreak is done, find ways to reduce your work while making the same amount of money. If you want more money, find ways/strategies/tools that would improve your productivity or whatever measurement. Something as simple as reading a good book can improve yourself. If you really think you don't have time... let me give you a simple challenge: 30min. Use it EVERY DAY on something that would make yourself better for tomorrow. Say trim yourself up to be nice and tidy. Practice
Don't try to just SAVE. That, IMHO, is the secret of many self-made millionaires in my parents' generation. You might have saved purchasing power, but the impact is too little unless great sacrifices are made. If you are into a career, see how to get yourself better and whatever needed to be at the top of the hierarchy. Then when you have some liquidity, put those to work FOR you. Whether it's a property with cashflow, stock with dividend/growth potential, hiring people to earn money for you... etc. And you can divert your attention... hence your time onto things that you really care about; Be it your family or your hobby... but never ever trade time for money once you are past the minimum wage job stage.
Investing in yourself is something a lot of people just won't/don't do. Instead trying to look for the quick fix IE playing stocks/Lotto, gambling, etc. Investing in yourself allows you to trade skill for money rather the good old time for money. I'd like to add that having another steady stream of passive income in addition to one's major income will also increase overall financial situation. Otherwise very well written post HeHe
Quote:
Originally Posted by blkgsr
talking to my cousin who does the insurance for a lot of the high end homes and toys guys have...one of his clients just picked up a $1M boat. so guys are still spending money
Times like this only hurts the middle class. The rich will still be rich right now
reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004
Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
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LOL JT dodging question with a totally different answer..... Just like give everyone 2k a month. If you are laid off, got your hours cut, working, business owners, students. As long as you are over 18 everyone gets the money. He said he wants to help as many Canadians as possible and make the process as simple as possible.
Easiest and simplest way is give money to everyone like HK and US.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
And now makes about 3-4x what she used to after all the expenses.
