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14
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738
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2 yr. ago

  • No idea what Steam has to say, but I've played more games for longer than Steam has been around, so here's a guess of mine in no particular order:

    • Skyrim
    • Morrowind
    • Fallout (3, NV, 4, London combined)
    • Ultima II
    • Doom II
    • Grim Fandango
  • We don't.

    We really really don't.

    Consider the attack that Israel carried out this fall by detonating walkie-talkies and pagers. This wasn't just some illicit code in the firmware or hardware, they managed to hijack the supply chain and hide literal bombs in commercially-produced handheld devices!

    Bottom line: If you do not directly control the production chain from chip design and fab to end-user software, you can never be sure.

    40 years ago, the legendary Ken Thompsonand Dennis Ritchie accepted the Turing Award for creating Unix. Thompson's acceptance speech Reflections on Trusting Trust pointed out this same fundamental security flaw.

    I encourage everyone to read the article, and spread it as widely as possible. It is terrifying and accurate, nearly half a century later.

  • One thing that I find interesting.

    Singh says he will introduce a vote of non-confidence. Is it possible that he'll delay it for a little bit, to support (or negotiate with) the Liberals for longer than anything Poilievre would have planned.

    In other words, could it be to push the CPC onto their back foot for a bit?

  • How would a Conservative government be equivalent to Trump’s Canada?

    Because Poilievre is acting just like Trump: Sowing division and mistrust, attacking vulnerable groups, courting extremists, attacking the process of government, displaying willful ignorance of government and the law, reducing complex issues to simple (and wrong) chants, and more.

    The Conservatives have set their sights on the first target - trans people - so if they get a majority, watch them strip basic human rights from members of the trans community. After that will probably be abortion; but not banning it of course, just removing any guarantee of access to safe, legal abortions.

  • One thing occurred to me.

    By saying 'we will introduce a non-confidence vote,' he has some leeway in when it happens. If he holds off for a few weeks, he can actually push bavk the date while pressuring Trudeau.

    Meanwhile, Poilievre is going to introduce a motion the second that house is back in session, and Singh can choose to ignore it if he wants because Poilievre jumped the gun.

  • Regardless, my point was more to do with whether someone with only $50 to spare a month is truly in a position to invest in anything or whether they might be better off saving it for a rainy day or something like that.

    True enough, but short-term or non-locked-in investments are available to most people.

    If OP doesn't have the starting funds to buy an investment vehicle of some sort, then they could put it into a zero-fee savings account and vigorously ignore it. This is, in fact, your rainy day fund.

    Then when they have scrounged up the appropriate amount (likely $500 or $1k), they can buy a guaranteed investment certificate or the like, and get better interest rates while they continue to put money into their account.

    When the term is up, they can buy a bigger one with their new savings. This way, they have both an emergency fund, and the starting point for a life of investing towards retirement, if nothing else.

    (Of course your later point - if they're struggling to eat - is still true as well.)

  • Absolutely 100% yes yes yes.

    Compounding is your friend. You can play with the values all you want, but this calculator showed me that if you deposited $50/month at 5%/year compounded annually, you'd end up making >$1800 in profit over ten years. Realistically, you should be able to get a better rate and shorter compounding periods once you've passed the threshold amount for a mutual fund or GIC.

    And that's assuming you never increase your deposits.

    Realistically, whenever you get a raise you should assign some of it to increasing your monthly payments. Your goal should be to increase your payments faster than inflation. Get a $2/hr raise? That'll probably add $250/month to your paycheque after taxes. You should be able to squirrel away $25/month from that at least.

    Here's a great piece of advice from The Wealthy Barber (Canadian financial dude): Pay yourself first. See if you can get your investment amount taken directly off your pay, and then you'll never see it, thus be tempted to spend it.

    His other advice is to set a goal of 10% of your income to invest for retirement. Seems like a lot, but it's doable for most people who are talking about investing anything, like you.

    Remember: The biggest factor in how much you make from investments over time is how early you invest. Invest now. Invest regularly.