David Ellis

Proud Dad & Husband. Interested in business, basketball, bbq, and sometimes politics. Gym rat. Tweets are my own.

[Canadian Tax Guy (Mohammed Al-khooly) @CanadaTaxGuy]

A lot of people don't know this basic rule about how credit cards work.

If you incur $100,000 in credit card debt and pay it off fully by the deadline, you pay no interest.

If you pay nothing by the deadline, they will charge interest on the full $100,000, and interest is charged from the day you made each purchase, not just from the statement date.

If you pay $99,999 but leave $1 outstanding by the deadline, they will still charge interest on the full $100,000 for the days it was outstanding.

The following month is where most people get caught. You are not just paying interest on the $1. You have lost your interest free period, so every new purchase starts charging interest from the day you make it, until you pay a full statement balance again.

This is often why you should not leave credit card debt outstanding.

[Joseph Steinberg @jbsteinberg]

Jensen asserted that the decline of manufacturing jobs in America over the last few decades is not due to technology, but to outsourcing. This is flatly incorrect - the vast majority of the decline in manufacturing's share of employment is due to technology, not trade.

[David Ellis @FollowedByBots_]

@FoodProfessor Yes, because one thing we learned, is that we should believe everything DJT posts on social media….Come on man, what do you take us for. Shipping from half way around the would makes no sense.

[David Ellis @FollowedByBots_]

@FoodProfessor is playing for team USA!

[Kent Fellows @GK_Fellows]

I seem to have spoken too soon. Apparently some of us are gullible morons.

[David Ellis @FollowedByBots_]

@Whiff83 The Canadian economy is getting crushed is a pretty dramatic description for an economy that just grew 0.8% in the latest quarter, or roughly 3.2% annualized, with GDP per capita up 1.0%.

[Trevor Tombe @trevortombe]

BIG tax change announced today. A “productivity mega deduction” broadens how much is eligible for immediate expensing. That cuts the effective tax on new investment in half. More to do, but this is big.

Details: https://t.co/sj4qZtLOAM #cdnecon

[David Ellis @FollowedByBots_]

@ForNL6 His decision wasn’t about the MOU, he chose independent because Wakeham didn’t give him a seat in cabinet.

[David Ellis @FollowedByBots_]

@josh30315235 Harden before Klay

[David Ellis @FollowedByBots_]

@josh30315235 I feel like Rick Mahorn, DeMarcus Cousins and Charles Oakley should be on this list.

[David Ellis @FollowedByBots_]

@ronmortgageguy What is an associate member Ron?

[David Ellis @FollowedByBots_]

@DeanTTraining In that case, when would you increase the weight?

[David Ellis @FollowedByBots_]

@80sWrestling_ Favorite match of all time!

[David Ellis @FollowedByBots_]

@Utd_Valeria Even someone as vile as Joffrey recognized Ser Duncan the Tall’s greatness.

In the Book of Brothers, Joffrey notes that Duncan has FOUR pages written about him more than the deeds he finds recorded for Jaime and even the legendary Arthur Dayne.

Dunk was the truest knight. 🗡️

[Brad Setser @Brad_Setser]

If Trump's second term trade policy was really driven by his old belief that a bilateral deficit was a symbol of losing, we would be fighting a trade war with Mexico right now -- and not one with Canada ...

9/

[David Ellis @FollowedByBots_]

@FoodPleaser Sushi

[David Ellis @FollowedByBots_]

@athenaeumbc I’m starting The Brothers Karamazov very soon!

[David Ellis @FollowedByBots_]

@ronmortgageguy Quit rage baiting. Canada’s banking system is an oligopoly, not a monopoly. Bank profits come from far more than retail banking. I’d rather have a strong, well-regulated system with low failure rates than more smaller banks. What happens to deposits when a bank fails?

[David Ellis @FollowedByBots_]

@AustinAbbott @JoshHansen25 This will not end well. Good luck Josh!

[David Ellis @FollowedByBots_]

@cadeinvests This company makes a lot of really great products.