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MrBond's posts

207 posts found

Dec. 21, 2016, 11:36 p.m.
Posts: 209
Joined: May 29, 2003
Forum Changes

This board is like a coffee shop where every conversation is recorded and available to anyone with an internet connection. In this coffee shop, some people wear masks and some don't. As long as the mask-wearers wear the same mask every time they come in, a sense of community can develop and some of the conversations Gord would like to see can happen.

As long as the patrons and the owner react swiftly and consistently to other patrons that come in and display bad behaviour, most of the masked and unmasked patrons will stick around. If the goal is to keep the patrons coming back to the shop, people that shout, call others names or come into the shop and put up false, misleading or vitriolic posters about other patrons would politely be shown the door and not allowed back in.

If there isn't a sense of mutual respect and reciprocity, or the unmasked patrons think those that have been shown the door will be waiting outside to follow them home, then the conversations Gord and others want to have won't happen in this coffee shop.

I'm not sure how this could be implemented online, but the Chatham House rule is useful for people interested in promoting openness and sharing of information in meetings or discussions.

Dec. 20, 2016, 9:37 p.m.
Posts: 209
Joined: May 29, 2003
Mark Wood vs the NSMBA

Have people been creating new NSMB accounts to start gossip threads since the beginning, or is this a new phenomenon?

The NSMBA message mentions restructuring. I'm interested how the new board will proceed with that and am confident they will let members know. When I used to be involved there was a goal of having two full time positions, an executive director and trail manager with a seasonal crew. Things have changed since then and I'm excited to see the direction they are heading.

Mark deserves a ton of respect for all of the reasons mentioned by previous posters. He doesn't deserve people gossiping about his employment status on an anonymous forum. If people want to continue the discussion, I'd suggest a change of the thread title and focus on what paid roles the NSMBA could establish that would best benefit the North Shore trails.

Nov. 5, 2016, 3:21 p.m.
Posts: 209
Joined: May 29, 2003
No Trespassing signs on CMHC lands and trails

Guys stop. Just stop posting. This is ridiculous. Someone is going to regret what been said here, if he's even mentally capable of regret. Let's leave it at that.

If you keep posting you just contribute to the stupidity. Go ride Seymour instead.

I would SO LOVE to ride Seymour right now.

I rode Seymour today. It was great!

Oct. 21, 2016, 12:10 a.m.
Posts: 209
Joined: May 29, 2003
No Trespassing signs on CMHC lands and trails

Lots of media activity today, I tried hard to make it clear to the media that this wasn't just a MTB issue, but an issue for all users. It's also a big issue for recreation and the local economy in North Van. Here's a couple that I though best covered the full spectrum of the issue from a trail users perspective:

North Shore News

CTV News

The found the radio interviews are best. More time to explore the issue, less opportunity to cut important facts, but maybe I'm biased cause I'm in them. . .

CKNW, Roundhouse Radio

I have been sharing all info on my Facebook page as it comes to me. My latest update is a request for information:

Why are these trails important to you, your club/organization or your business?

What would be the effect on you if access is prohibited?

I plan to compile this info into a compelling set of information to share with my colleagues in Provincial and Federal government to advocate on behalf of trail access. If you feel comfortable, please share and spread the word. Meetings are being scheduled with CMHC for next week and I'd like to have something for Monday.

If you'd rather comment on these boards, would someone volunteer to compile the info?

Thanks to everyone who has contacted me to offer support and ideas so far.

Mathew

Oct. 19, 2016, 1:04 a.m.
Posts: 209
Joined: May 29, 2003
No Trespassing signs on CMHC lands and trails

I have posted an update on my Facebook page and will include an abbreviated message below. I'll be updating my Facebook page with new information as I receive it and trying to answer any questions that come up there. I probably won't be able to respond as quickly to points that come up on these boards.

The absence of accurate information has led to a lot of speculation about why the landowner, the Canadian Mortgage and Housing Corporation (CMHC) has taken this action after decades of showing no interest whatsoever in any active management of these lands. I'll do my best to provide the factual information that I have found below.

The NSMBA website first posted a notice that no trespassing signs has been posted on Friday, October 14th. On October 16th, they confirmed with the CMHC regional office in Vancouver that is was indeed CMHC that posted those signs. That update, including a list of impacted trails, can be found here.

I learned that CMHC staff from Ottawa had flown out to inspect the property during the week of June 14th, 2016. At this time they met with staff from DNV Parks, BC Parks and Metro Vancouver to gain insight on the issues impacting CMHC lands. No decisions were made regarding the use of the property or its future management at these meetings.

DNV staff received an email response from CMHC late Tuesday afternoon and were informed that CMHC is preparing a communique for the public. DNV staff will be following up with a phone conversation on Wednesday morning.

I have also been in touch with our MP Terry Beech. We have been sharing information and updates and he is working hard with the folks in Ottawa to get more information on behalf of his constituents. He is getting your letters.

I would suggest we continue to first press CMHC for an formal explanation of their recent actions. CMHC put up these signs without informing any of the adjacent land managers, or even their regional office in Vancouver. Once we have that explanation, then I suggest we hold CMHC accountable to work in much closer coordination with all stakeholders to discuss monitoring, enforcement and management of activities on their lands. Thirdly, I suggest we get a clear answer from CMHC to the two following questions:

1. What, if any, plans or planning processes are contemplated for the future of this land?
2. When will we know more and how will the public and other stakeholder be involved and informed?

May 1, 2016, 11:32 p.m.
Posts: 209
Joined: May 29, 2003
Just curious

It's a loamer right off the parking lot. The District closed it because it was the right thing to do.

Natural High will be reworked soon. Please be patient.

July 28, 2015, 5:04 p.m.
Posts: 209
Joined: May 29, 2003
complaining to the LSCR and metro about trails

The LSCR falls under the Utilities Committee, not Parks.

Feb. 7, 2015, 6:21 p.m.
Posts: 209
Joined: May 29, 2003
RIP - Natural High

Here's an overview with a few of the before shots:
http://nsmba.ca/structures/naturalhigh/naturalhigh.htm

Feb. 7, 2015, 6:12 p.m.
Posts: 209
Joined: May 29, 2003
RIP - Natural High

I'll also ask around about the sign.

Feb. 7, 2015, 6:09 p.m.
Posts: 209
Joined: May 29, 2003
RIP - Natural High

The swivel teeter is still there. I'll head up tomorrow to see if I can pull it out. Everything above the swivel teeter will be part of the parking lot. No changes to the new bridge after the teeter and everything below.

Dec. 24, 2014, 1:54 p.m.
Posts: 209
Joined: May 29, 2003
How much do you know about financial independence?

I was going to reply with my entire financial plan and statement, but it's still a work in progress. I'm about 10% implemented to a tax efficient, buy and hold indefinitely, extremely low MER, growth allocated portfolio. All based on internet learning in the past 6 months.

Until now, we've been frittering away our savings with work sponsored RSP (5% match, so I contributed 5% to Nesbit Burns, who took away 6% in "architect" fees) and a personal RSP in mutual funds with 2.8% MER, 6% DSC/5%FEL (read that as - the mutual fund company takes 8% of any return if you don't hold their funds for at least 10 years). No more!!!!! I'm pissed and am doing something about it!

First, know about asset allocation and more importantly, location.

http://canadiancouchpotato.com/2010/03/05/put-your-assets-in-their-place/

Then learn about asset location and tax implications.

http://canadiancouchpotato.com/2012/09/17/foreign-withholding-tax-explained/

Then figure out what currency hedging means. I'm still working on understanding the full implications.

http://canadiancouchpotato.com/2014/01/16/currency-exposure-in-international-equity-etfs/
http://canadiancouchpotato.com/2014/03/06/why-currency-hedging-doesnt-work-in-canada/

Then make a tax efficient allocation and location plan for your accounts. Back to:
http://canadiancouchpotato.com/2012/09/17/foreign-withholding-tax-explained/

Then learn how to buy US listed funds at a low cost. (I haven't done this yet, and am not yet sold on buying VTI over VUN).

http://canadiancouchpotato.com/2013/12/03/norberts-gambit-the-complete-guide/

I think I'm now at the point of your question Bondo - whether to buy VUN, VUS or VTI.

To date, I've only bought 6% of my funds in VUN - the TSX listed unhedged version of total US market. I'm not 100% sold yet on committing to VUN and am looking into buying VTI (the US listed version) via Norberts Gambit.

The plan is to be transfered to 30% VAB, 25% VUN/VUS/VTI (not sure which one yet), 25% VCN and 20% of a undetermined international index in the next 3 months.

Good overview heckler, this is exactly the process I'm going through right now. I have read many of the articles you've posted and was working towards this in the fall but a little thing called an election put that on hold. All of my investment capital is tied up in rental properties at the moment, but my wife and I have finally completed our 3 year plan to pay of all our personal debt(student loans, etc) and can now put a significant chunk or our take home income towards savings and investment.

Dec. 24, 2014, 1:15 a.m.
Posts: 209
Joined: May 29, 2003
How much do you know about financial independence?

10% annually over the last 5 years is a no brainer (had I known about this or this at the time) - US market has been on a tear.

Heckler, are you investing in the CAD indexed funds? If not, how are you hedging against the currency risk?

Dec. 22, 2014, 1:04 a.m.
Posts: 209
Joined: May 29, 2003
How much do you know about financial independence?

Would I be right in assuming that the first step to financial independence, before all these other things, would be owning your own house?

there are two points of view on that.

1. Pay off you house and live rent/mortgage free for the rest of life. This takes most people 20-30 years of paying a mortgage @ 3%? 5%? 20%?

2. Rent for life and invest instead and gain 3%? 5%? 7%? on your income.

Which ever gives you better returns is in theory the more effective way, depending on interest rates and investment returns. It's a gamble either way.

and finally…

3. Buy a place in Vancouver and be house poor for the rest of your life.
But yeah, the first step is to have no debt.

I've run the numbers a couple times and for my wife and I (and our soon to be born daughter) it works out better to rent and invest than own our own home (living in North Van). The calculation is pretty easy to do:
- Find out the total cost of owning a home that is within your means in the place you want to live. Make sure to include your mortgage, all utilities, property taxes, major furnishings and appliances, yard and home maintenance (budget 5% of your mortgage payment per month as a minimum)
- Subtract the cost of your current rent (note this isn't necessarily comparing apples to apples. Most people will buy a home larger then they actually need, but rent something more reasonable).

This is how much money you could be investing every month by not owning your home. Add to that the amount of the down payment and start forecasting the growth of your investment over the next 25 years at your preferred interest rate (5%-7% conservative). Then compare that to the future value of your home (after capital gains tax, real estate fees, etc). Remember, if you own and live in your home, it's usually not paying you any money every month (unless you have a tenant).

A couple interesting things on mortgages and interest:
- At 3%, over a 25 year amortization period - you will end up paying 142% of the value of your home back to the bank.
- At 4%, it's 158%
- At 5%. it's 175%
- At 6%, it's 193%.

Dec. 22, 2014, 12:40 a.m.
Posts: 209
Joined: May 29, 2003
How much do you know about financial independence?

Coming into this one a little late:

If anyone is looking for a good book, start with the more philosophical ones first before you get into any of the technical investing books. I found "Your Money or Your Life" to provide a good perspective on putting a value on your time and the power of financial independence. It's usually available at the local library, if I don't have it checked out.

For tracking, I used Microsoft Money since 2004 but moved to You Need A Budget (YNAB) this January. The reporting isn't as robust as Money or Quicken, but it is super convenient and works with all your devices. I prefer to enter and categorize purchases manually at the time of purchase instead of downloading the statement at the end of the month, so having the app on my phone is important. I track everything in there, which makes it super easy at tax time for reporting on rental properties.

You can pull some really interesting trends out of 10 years of financial spending data. For example, I know when my work/life balance is off, or if my wife is off work from film because our monthly restaurant/dining out bill will double or triple. I know exactly how much owning a vehicle costs, which is why I am more and more interested in getting rid of it, buying an electric bike for commuting (25km each way) and working from home more often. For me, it's not the big purchases that affect the budget (because I usually don't buy big expensive things) but all the little ones that add up over time. You really have to buy into the philosophy first and internalize the value of financial independence to have the diligence and willpower needed to avoid all little purchases that the world works really hard to convince us to buy to make our lives "easier" or "more convenient".

Dec. 13, 2014, 6:13 p.m.
Posts: 209
Joined: May 29, 2003
rockslide @ twin bridges

Need to get a heli logging co to get in there and clear up the swimming hole.

Before July.

Or at least before the next election. ;)

Our swimming hole is still good. It's at the start of the lake.

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