19,082 reputation
859134
bio website pragmaticmoney.ca
location Toronto, Canada
age 40
visits member for 5 years, 5 months
seen 1 hour ago

Husband, dad, computer geek, professional software craftsman, Canadian.

Interests: technology, personal finance, personal productivity, books, music. Within personal finance, specific interests include retirement planning, taxes, investing, self-employment.

I founded the Personal Finance & Money Stack Exchange, and continued as a moderator for 4 years. I resigned my role effective October, 2013 in order to focus more on my family and business.

Twitter: @cwrea    LinkedIn: in/chriswrea    Google+: +ChrisWRea


1h
revised How do I manage my portfolio as stock evaluation criteria evolve?
edited tags; edited title
1h
revised Did you maintain living quarters in New York?
edited tags
1h
revised Is it a safe strategy to protect a high dividend stock with a collar?
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1h
revised How do I charge GST & QST for my freelancing?
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1h
revised Would you liquidate your 401k to pay off debt in this situation?
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1d
revised Differences in taxes paid for W2 employee vs. 1099 contractor working on sites like ODesk.com?
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1d
comment How Is the Price of a Stock Determined?
Did you search for similar questions here? This has come up before.
Mar
28
revised Still invest in 401K with a high expense ratio?
edited tags
Mar
28
revised Self-Employed Individual 401k Contribution Tax Questions
edited tags
Mar
28
revised Need to pay for urgent care that did nothing but send me to the ER?
edited tags
Mar
27
comment A calculator that takes into account portfolio rebalancing?
(1) People do in fact periodically rebalance their portfolios. (2) The question never mentioned continuous rebalancing -- you did. The question stated a rebalancing frequency of once per year. (3) What rebalancing approach would you suggest instead? It isn't clear. None/never?
Mar
27
comment A calculator that takes into account portfolio rebalancing?
Doesn't answer the question.
Mar
27
revised What's the difference between a company's after-tax profit and their sales/revenue?
edited tags; edited title
Mar
27
comment What's the difference between a company's after-tax profit and their sales/revenue?
You will benefit from reading a basic introduction to accounting. You'll quickly discover revenue and profit are not synonymous, and many other useful concepts. These concepts will serve you well both as a professional in almost any career, as well as a future investor.
Mar
27
comment Using a brand name in a product which I will sell
I'm voting to close this question as off-topic because it is not about personal finance.
Mar
26
revised Who creates money? Central banks or commercial banks?
Proper quoting, and a title for the link for those who don't like reading bare URLs.
Mar
26
comment Who creates money? Central banks or commercial banks?
You probably got the downvote when your answer was merely 6 words and a link, i.e. smelled spammy.
Mar
26
comment Index ETF or Index mutual fund - standard brokerage account
Your question is about taxes and so please specify a country tag.
Mar
26
comment Do I pay withholding tax on a US company trading on TSE
Your example doesn't work because Cenovus is a Canadian company based in Alberta and not an American company. You might instead cite a U.S. headquartered company that also happens to trade on the TSX. You may perhaps be confusing the idea of "U.S. company" with one that is listed on an American exchange. Not the same thing.
Mar
26
comment What Percentage of my Income do I Have to Pay in Employment Insurance (EI) Deductions?
You're welcome. If you were earning $50,000 annually, you would pay EI on the first $49,500, and none on the amount above. High income earners often see their EI deductions maxing out before year's end, and thus enjoy slightly higher paychecks until the new year. (A similar situation happens with CPP deductions.)