Spelling....is it relevant any more ?
yoyobon_gw
7 years ago
Featured Answer
Sort by:Oldest
Comments (80)
yoyobon_gw
7 years agowoodnymph2_gw
7 years agoRelated 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 MoreBlog ettiquette ? - it's relevant - I promise
Comments (30)I would try again and maybe this time ask "jokingly" if she's getting cold feet and changed her mind...I understand when you see something you really want and it keeps nagging at you. I went as far as...many months after deciding against going to look at a sofa table that I was very interested in listed on CL, emailing the seller back asking if they still had it...Guess where it is now? Yep, in my DR area :-) But agree with the others, you could easily find something on CL or a thrift shop to repaint your self similar to what she has....See MoreLanguage Change Index
Comments (80)I must agree with both Donna and Rosefolly. I am not much of a church-goer but think applause is only appropriate if the church building is being used as a concert/play venue. I'm still not quite at home with the now quite common habit of serving 'refreshments' after a service. I know that many medieval churches over here have no separate facilities for such things (some don't even have a cold water tap let along a church hall for meetings etc) but crumbs in the nave or Coke spilt in the choir-stalls doesn't seem 'quite the thing'. Donna, does the congregation clap after a particularly rousing sermon? I seem to remember seeing on TV that in some US places of worship it is not uncommon to hear "Alleluia" or 'Praise the Lord" during an address from the pulpit. I guess I'm showing both my age and my stiff-upper-lip Englishness . . . and am probably too old to change!...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 Moreyoyobon_gw
7 years agogardengal48 (PNW Z8/9)
7 years agovee_new
7 years agolast modified: 7 years agovee_new
7 years agoAnglophilia
7 years agovee_new
7 years agoyoyobon_gw
7 years agomsmeow
7 years agocarolyn_ky
7 years agoyoyobon_gw
7 years agoannpanagain
7 years agovee_new
7 years agovee_new
7 years agoyoyobon_gw
7 years agoannpanagain
7 years agoyoyobon_gw
7 years agosheri_z6
7 years agovee_new
7 years agoyoyobon_gw
7 years agoyoyobon_gw
7 years agomsmeow
7 years agocarolyn_ky
7 years agowoodnymph2_gw
7 years agoyoyobon_gw
7 years agovee_new
7 years agoyoyobon_gw
7 years agovee_new
7 years agolast modified: 7 years agoyoyobon_gw
7 years agodchall_san_antonio
7 years agoyoyobon_gw
7 years agocarolyn_ky
7 years agomsmeow
7 years agoyoyobon_gw
7 years agomsmeow
7 years agowoodnymph2_gw
7 years agoyoyobon_gw
7 years agolast modified: 7 years agoyoyobon_gw
7 years agogardengal48 (PNW Z8/9)
7 years agolast modified: 7 years agoyoyobon_gw
7 years agogardengal48 (PNW Z8/9)
7 years agoyoyobon_gw
7 years agowoodnymph2_gw
7 years agoyoyobon_gw
7 years agogardengal48 (PNW Z8/9)
7 years agoyoyobon_gw
7 years agoKath
7 years agomsmeow
7 years agoyoyobon_gw
7 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 StoryLIGHTINGCast 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 StoryDECORATING 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 StoryPRODUCT 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 StoryMOST 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 StoryFEEL-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 StoryKITCHEN 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 StoryMOST 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 StoryGREAT 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 Story
littlebug zone 5 Missouri