Spelling....is it relevant any more ?
9 years ago
Featured Answer
Sort by:Oldest
Comments (80)
- 9 years ago
- 9 years ago
Related Discussions
An earnest request, if you consider it relevant, if I may
Comments (6)Hi, I don't disagree about the surcharge - but I don't want to have to pay it! Our bill is largely "delivery" as well as is our natural gas bill and I have the heat pumping. And we were one of the 10,000 Toronto residents who were selected for the smart meter trial program so while other people were burning every light in their homes and using every appliance at normal rates we were charged the variable rates. I don't think anyone should have had to pay the smart meter rates until everyone did. Same with the garbage bins - once again we were the first to receive them in Toronto - so were restricted as to what we could put out - whereas people on the other side of Yonge St. were putting out half of their house contents it often seemed (and no, we don't put out that much - but still). Then of course both of us have been called for jury duty - last time for me it was for a 4 month first degree murder trial. I know a lot of people who have never been called - and others who have gotten out of it for the most stupid of reasons. So I figure with just the two of us we are paying our share. Then there is the couple with hardly any health issues that can be treated who must pay for everyone elses' 12 prescriptions (the average - no kidding). Funny you should mention electricity though. You may have heard on the news just the other night that it is expect that hydro bills will go up 33% over the next 2 - 3 years. Apparently people are going to be allowed to purchase energy efficient windows and pay for them via their hydro bills - they sure had better be paying for ALL of their own windows - and what happens if they sell? More money for the real estate lawyer for sure. A disaster waiting to happen, I can see it now. I don't know what I am going to do next election - I am somewhat of an independent although there is one party I will absolutely never vote for - and the one I would have voted for has a leader that will cost them the election. Then of course there will be the Toronto elections - particularly for the mayor. I do have a candidate in mind unless he/she is endorsed by our ward Councillor and then it will be back to the drawing board. Re groceries I can't believe how much cheaper dairy is in the U.S. and meat. I read on this forum how much (little) people are paying for dairy and meat and I can't believe it. Of course, the dog gets only the best....And I did buy a $50 million Lotto max ticket for this week - I do not expect to win. Great that they tracked that woman down who won and had lost her ticket. It is a very good thing that she paid via her credit card and was the only person who had a cc purchase of $16 that day. I would be really ticked off to have 6 numbers but not the bonus for the 7th and only receive $115,000. But someone has to win, so why not me (or my dog, who might share). Should I win tomorrow night it will be a very long weekend waiting for 9:00 a.m. Mon. morning. I would have our banker come and take the deposit at the lotto office. A woman who won $12 million several years ago did exactly that. She told her bank that if they wanted the money to come and get it. They made the right decision. Oh, to be in that position....See MoreOle joyful has a message that some of you may find relevant ...
Comments (2)I used to recommend to clients (and others - mostly anyone who would listen) that they have a 3 - 6 months worth of wage income in a financial cushion, in case of layoff, emergency or other need ... and in the volatile economy and employment situation we've seen in recent years, more like 9 months' worth to a year's usual income in the cushion. And to some I said that I didn't always have such myself, but had a credit card whose balance owing I paid in full every month, and a fully secured line of credit at the bank (with interest rate level below what they charge on unsecured lines) which I'd draw on to pay off the credit card in full monthly, then save strenuously to retire the debt owing on the line of credit as soon as possible. I want my savings working for me ... not my debts working for someone else or another entity. When I have that ... I say that part of my work is producing nothing (current result) for me. Wait a minute ... since I've been retired, I'm not "working", right? Oh, well ... part of the pension goes to pay someone or an agency whose money I used temporarily. I want it working for me ... or one of the charities/churches that I choose to support. ole joyful...See MoreI dont watch GW any more
Comments (59)I have just watched growing your veg and felt that Carol Klein was getting just a little desperate in her use of superlatives to enthuse about peas and carrots. I admire Carol immensly and thought her coverage of Chelsea was the best I have seen in a long time but I think she should be given more freedom over content. Gardening is a fascinating and wonderful subject but TV coverage has worsened and worsened with the kind of dumbing down that does no favours to anyone. I would love to tune in to an intelligent and exciting gardening programme but it frankly doesn't exist at present. There is an audience for an intelligent and articulate programme that captures some of the magic we all experience when we produce a wonderful plant from a tiny seed or cutting, or dash out to the garden to see the first snowdrop or hellebore in spring. A programme that guides beginners but also appeals to the experienced amongst us. We also need to see more plant appeal and less emphasis on design that will seem old hat by next year. Come on TV and ask us what we would like to see. Monty Don is just a little too worthy, Alan Titchmarsh did better but I would still like to see new presenters who really know their stuff. Personal slating of individuals doesn't really help. If they had more say over content perhaps they would have more appeal to gardeners. What do you think?...See MorePut more down for lower IR?
Comments (30)OP-What is the purchase price or actual loan amounts? bry911- I'm not getting your math either. Also, OP stated that s/he has $ in mutual funds AND retirement account. You are right that you only get taxed on dividends....but you will eventually get taxed on earnings when you move from one mutual fund to another in non-retirement accounts. "So let's revisit the situation after 10 years, a reasonable amount of time to look at investments. At that point the difference in payments would be $4,655.10 meanwhile our mutual fund has increased $5,600." You are negating the fact that the $80/month could be reinvested, thereby earning interest. OR the $80 could be applied to the mortgage anyway, decreasing the balance in a compounding way. A 15 year $423,500 mortgage at 3.625% interest has total interest paid of $126,146 A 15 year $412,500 mortgage at 3.49% interest has total interest paid of $117,935 That is $8,211 less interest over the 15 years. When you sell your mutual fund at 10 years, the $5,600 is going to be taxed. Also, we can still account for the extra $80 payment. If we invest the $80 at the OP 4.2% (I used annual compounding) over 15 years, we have an end balance of $20,100.20. So (Assuming a purchase price of $550,000) Putting 25% down saves $8,211 in interest. Putting the $80 (monthly payment savings) into the OPs mutual fund earns $20,100.20 over the 15 years. Subtract about $9,500 in loss interest over 15 years on the initial $11,000. That is a TOTAL savings of $28,311.20 less $9,500 for $18,811.20 SAVINGS FROM THE EXTRA $11,000 Downpayment. The other option is to put 25% down (still assuming $550,000 purchase...sorry if I missed price somewhere!), and take the $80 payment difference and add that to the loan payment. This will save interest AND pay off the loan before the 15 years (by about 6 months). The interest savings on adding the $80 to the loan payment versus putting the $80 in the mutual fund is $4,345.74. Additionally, the loan will be paid off in about 14.6 years. The payment savings at the end comes up to $13,839.05. So adding the $80 to the mortgage versus putting it into a mutual fund nets $18,184.79 savings over 15 years. Less the $9,500 earnings from the $11,000 staying in the mutual fund....you net $8,684.79 on this option over just doing the 23% downpayment and leaving the $11,000 in a mutual fund savings. OP-These numbers are based on my purchase price calculation from $11,000 being 2% of the purchase price. I cannot find anywhere where you posted the actual purchase price. Given that you will still have money in mutual funds and retirement savings, Your best financial decision is to put the the 25% down. Take the $80 payment difference and put in your mutual fund. You will be almost $19,000 ahead in 15 years! I do agree that 4.2% is a LOW return for a 29 year old. If you have a job that covers your expenses, keep 6 months expenses in cash or a low risk mutual fund. Then, shoot for a 10% return on the rest of your savings. The funds will go up and down more dramatically, but historically you will be further ahead....See More- 9 years ago
- 9 years ago
- 9 years agolast modified: 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years agolast modified: 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years agolast modified: 9 years ago
- 9 years ago
- 9 years agolast modified: 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
- 9 years ago
Related Stories

DECORATING GUIDESSpell It Out: Words of Inspiration for Your House
A favorite quote can enhance a room the way an inspiring idea engages your mind. Here’s how to add word power to your interiors
Full Story
LIGHTINGCast a Spell With Outdoor Lights
Make a night on the patio magical or conjure a warm welcome for guests on the porch with well-chosen outdoor lighting fixtures
Full Story

DECORATING GUIDESAlphabet Decor Spells High Style for Rooms
Letters in artwork, on wallpaper and even woven into rugs show that you're well versed in design. Word up
Full Story
PRODUCT PICKSGuest Picks: How Do You Spell Urban Heat Relief?
Turn even a small balcony into a summer oasis with retreat-conjuring plants, furniture and accessories
Full Story
MOST POPULAR12 Key Decorating Tips to Make Any Room Better
Get a great result even without an experienced touch by following these basic design guidelines
Full Story
FEEL-GOOD HOME10 Tips for a More Peaceful Home
Turn your everyday living space into a serene retreat by clearing visual distractions, softening your lighting and more
Full Story
KITCHEN DESIGNTrick Out Your Kitchen Backsplash for Storage and More
Free up countertop space and keep often-used items handy by making your backsplash more resourceful
Full Story
MOST POPULAR10 Reasons to Get Rid of More Clutter
From a calmer mind to a more workable closet, the benefits of streamlining are just a few trash bags away
Full Story
GREAT HOME PROJECTSHow to Give Your Driveway and Front Walk More Curb Appeal
Prevent injuries and tire damage while making a great first impression by replacing or repairing front paths
Full StorySponsored
littlebug zone 5 Missouri