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augustabound

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Everything posted by augustabound

  1. That's what I use for the quick look. The financials is 5 years but the "Key Ratios" page has a 10 year summary.
  2. I downloaded the first few podcasts for the drive in tomorrow.
  3. And it continues. We had our home appraised for our mortgage renewal this September. Our broker wants to be able to lock us in to 2.25% so he's getting the ball rolling now. The appraisal came in at $560.
  4. You could message Parsad, he runs the joint. http://www.cornerofberkshireandfairfax.ca/forum/pm/?sa=send;u=1
  5. Amen to that. This forum is pretty good...........or used to be pretty good at calling that kind of stuff out that the OP mentions. People starting a topic hoping others will do the work for them.
  6. We're thinking a condo in Vancouver or Toronto. ;D That's the problem. If you sell a high priced asset, you're just going to buy another high priced asset and you won't come out ahead in any meaningful way. As far as renting goes, the rents here are getting high also. Some are renting their houses out for more than $2000 a month plus utilities. Our mortgage that we're renewing now will be at 2.25% and our payment is $1600. If we find a place in downtown Newmarket in our price range, that will be our forever house, or at least until the girls are in University and moved out. (They're 3 and 6 now) My wife is a software consultant and makes enough money that if an opportunity comes up in Alberta or BC, a move may be the best for us. From my weekly viewing of MLS, prices are not coming down in Alberta in any meaningful way and BC is the same as it has been for years. When oil dropped below 60 and companies were cutting staff there was an influx of new listings in Alberta but that only lasted about a month. Prices and number of listings seems the same as last year. We will move for our lifestyle to the West or Newmarket not for the sake of cashing in.
  7. LOL, why buy stocks when you are almost guaranteed large returns on a pre-construction homes? all you need to do is line-up on the first day when the sales office opens!! The Aurora sites all start in the $700k, there's 3 new ones. I knew of the people buying pre-construction but these people buying 3-4 year old homes are putting $10's of thousands and one home had about $100k put in after the people bought. We're looking to go back to Newmarket in the old downtown area. Century homes with lots of tree lined streets and people take care of their property. We miss it, a lot. We're tempted to list our place since all the homes here are selling for prices we thing are insane and selling quickly. But right now, we're just not ready.
  8. We're the next best option for those moving out of the city. When the developer opened about 7 years ago, most were from Woodbridge, Mississauga, Richmond Hill and Newmarket. Five minutes to the 400, 20 minutes to Barrie, 10 minutes to Newmarket and we have a GO station. I'm not sure the demographics of the resale buyers. So far the house across the street was bought by an Asian couple with no kids. They look to be our age (late 30's), both drive Mercedes and they spent a month renovating before they moved in. They renovated a new house, yes. Same with our friends house up the street, same scenario but his family has young kids. The demographic for Bradford was predominantly white with a fairly large Portuguese population and Italian when the new homes started. The last couple of years Bradford looks more like a typical GTA town, more diverse. Those that are leaving Bradford from our neighbourhood seem to be cashing in and moving further North. Innisfil, Barrie etc. We bought in 2011 for $349 and as of last January when new phases were released, our model is up to $505. Our next door neighbour who just sold for $629 paid $369 in 2011. Yes, in Bradford, Ontario. :o In a town that had 18000 before the developers showed up will have added something like 3000 homes in 8 years. Our developer is closing in 3 years and will have built 1200 homes in 10 years. Edited to actually answer your question ;D They all seem like they've just moved from elsewhere in the GTA. Some neighbours I spoke to that moved from Woodbridge etc have done this before. Buy a new home before the ground has broken, live there a couple of years rinse, repeat a bit further North. I'm pretty sure the diversity in our town now is just people moving from the GTA rather than completely new Canadians or investors.
  9. We're in Bradford, Ontario which is 45 minutes North of Toronto..................2.5 hours during evening rush. >:( We're in a newer (4 year old) home. A few homes were up for sale last summer and into fall and sat on the market with little interest. These same homes went back on the market in the spring and all 4 have sold for more than the previous list price and within a week. Our next door neighbour listed last spring for $549 and had little interest and a couple of "low" offers. They listed again and sold the morning the listing hit the market. (obviously his listing agent already had a buyer lined up). He sold for $629 and had multiple offers. One was significantly higher but came with a phone book of conditions, so they knew to pass to save lots of frustration. Another house friends lived in and sold 2 years ago for $469 recently sold for $619. This is the same model of home we're in and the new model from the builder is listed for $505. The market is hot everywhere apparently.
  10. Because I had no idea what mygica was until I googled it just now. LOL it's an awesome device. I actually found a way to get live TV on it. From all the research I've done it keeps coming back to live sports. Can the MyGica get Sportsnet and TSN? I need my Jays games. Olympics too.
  11. It was mentioned above by another poster but I couldn't put down the Chris Hadfield: An Astronaut's Guide to Life on Earth. Not mentioned in the book but something he said in an interview. He started learning Russian around '92, knowing the US and Russian programs may someday work together. Leading into his command of the ISS, he studied medicine at the U of Houston, worked in the ER and did many of the daily tasks of doctors and nurses, even being in the operating room for some procedures. All for the health and welfare of his crew. He learned how to perform an apondectomy and a few other more common procedures, just in case. Very few people inspire me but Chris Hadfield does.
  12. Same here. I found recently while going through Security Analysis that I must need to read a page or two (or enough to get the writers thought on something or at least a grasp of what's being explained), put the book down and think about what I read. The chapter was the Income Statement and his initial thought was the analysis has transitioned from the BS focused to a combination of the IS and BS and newer analysts were more about the trend in earnings rather than "net worth" of book value to value the company. Then he goes on to explain the dangers in one time charges etc. See, I do remember this time. The last time through SA I could maybe tell you how the book is divided into sections but no specifics. I read a while ago on a blog (I can't remember which one), written by someone (I can't remember who), that recent studies (by which group, I don't remember either ;D ) show it's better to read about 10 pages and put the book down, then write a summary in your own words. The comparison was reading an entire chapter and writing a summary. They feel you retain more by reading in smaller chunks and stopping to think about what you read and write in your own words to solidify it.
  13. Don't be frustrated by that. I used to think, for a long time actually, that the board was dominated by a group of senior members and the newer members were ignored (ignored is a strong word but the only one I could think of). I went through the forum from start to finish and found most of the senior members have many posts that went without a reply, including topics started with no replies. I used to get a bit bothered when I ended a thread. No comments after mine must have meant I said something either irrelevant or stupid. After going through the threads like I did showed me most threads die for seemingly no reason. As to the general board though, yes I've found in the forums I've been a part of the last 10 or so years, they all hit a peak at some point and people lose interest. But one thing that made this forum better than most is the lack of idiot posters who just wanted fireworks or just wanted to a pain/troll. This is a good group of people newer and older. Just some people lost interest after a while.
  14. That's it for me also. The quality of the board has diminished noticeably the last year or so. It's been a huge influx of new members combined with some of the older posters disappearing or at least going silent. I don't mind off topic threads but the same question being asked over and over again is really annoying. Apparently some don't know the forum has a search function to see if their question of comment has been asked before.
  15. Was just curious. I think the only Samsung produce we have is our TV that we bought when we moved in the new house 4 years ago. We've been happy with it. I also hate Rogers and Bell. Ironically I love the Toronto Blue Jays who are owned by Rogers. ;D But the Jays aren't a product or service as the OP intended the thread, so my love goes to Starbucks.................. sometimes Tim Horton's.
  16. Why the hell do the teams play with a different set of balls?!
  17. How much does this pension represent of your overall portfolio? I was in the same boat and figured since I wouldn't be adding to it, I'd make that a dividend portfolio and kind of put it on cruise control until I was retired. Or invest in only owner operators that I could hold long term. (again, since I can't add to it I wanted more of a set it and forget it type) Another board member here made his LIRA a very high conviction account. One or two ideas with high risk/reward characteristics. Kind of the theory, bet big when the odds are in your favour. Another suggestion was to make it a purely mechanical portfolio, Magic Formula etc. My natural tendency in the TFSA is concentrated and I like owner operators in general so I'm still leaning towards the dividend strategy for the LIRA.........................I think.
  18. What's the google backdoor? As described above. I bookmarked today's paper, http://www.wsj.com/itp When I see an article that interests me I right click and "Search Google for -title of article here-" Usually the first link in Google is the one to the WSJ article. Click that and you've gone in the back door. ;) Works the same for Barron's.
  19. I read both the WSJ and Barron's through the Google backdoor. It's mostly skimming though, I wouldn't pay for this content, it's not worth it.
  20. It's good to know there is at least 1 woman on the board. I was concerned it was 100% guys. The last thing we need is an echo chamber. Welcome. I could be wrong but Lax was talking about a charity called "Because I'm a Girl"
  21. I think people only dwell on it because he hasn't named his successor. If people knew the plan they would most likely let it go and you would never hear of it again.
  22. Young peoples attention span is only 3 minutes, therein lies the problem. ;D I don't know how people watch recorded sports, it has to be live for me.
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