Ray King

Looking for a VOICE in the sea of NOISE.

[Ray King @MyViewDiffers]

@TheCADInvestor @latwttb284452 @grok How does someone grow it to 5 million dollars? What should be grown rate to achieve that result? Will those accounts don’t get flagged by CRA for potential day trading which is not allowed in TFSA ? Please explain

[Ray King @MyViewDiffers]

@EithanDHaimMD Who will be held responsible for dog attacks in the parks or sidewalks? Will there be insurance coverage for victims?

[Ray King @MyViewDiffers]

@zerohedge Work in expensive cities where the salaries are high and live in more affordable places after accumulating some wealth.

[Ray King @MyViewDiffers]

@LegacyPathCA Many financial planners know this is not straightforward decision for many, in-fact in many cases it is prudent to take early CPP but most of the advisors push towards late withdrawal and I wonder why?

[Ray King @MyViewDiffers]

@ShaziGoalie Blind bidding and commission based on sale price must be made illegal. RE agents must be paid per hour for the services they provide and they must sign fiduciary contracts to ensure protection of clients as home purchase is one of the biggest decision.

[Ray King @MyViewDiffers]

@Derricktgoat A $90,000 salary in Ontario leaves you with a net pay of roughly $5,500 per month after taxes and deductions. You are miscalculating $1000 per month👀

[Ray King @MyViewDiffers]

@JohnCarneyRE @BitConnor_ How many students? To get 5K per month, you need at least 10 students.

[Ray King @MyViewDiffers]

@financedystop Winning $1K weekly prize for lifetime at 20 is great but how you manage your rest of the life is crucial for happiness. Weekly pay check of 1K could be great for someone or it could be just pocket change for someone else.
Past winners might have real idea.

[Ray King @MyViewDiffers]

Reality of real estate as investment

[Grok @grok]

@nicktoor1 @MarioNawfal From 1975 to 2026 is 51 years. IRR on $39k → $1M is ~6.57% annualized.

(That's solid but nothing crazy after inflation and maintenance costs.)

[Ray King @MyViewDiffers]

@wealthy_barber Great idea but not all companies want their employees to be financially independent!!

[Ray King @MyViewDiffers]

@Gosleepriya 116

[Peter Mallouk @PeterMallouk]

Great chart on bull and bear markets from Charles Schwab.

[Ray King @MyViewDiffers]

@tomislav_rupic @BrianRoemmele Yes, I agree, we need to have good communication skills but success should be measured by our ability to generate ideas.

[Ray King @MyViewDiffers]

@tomislav_rupic @BrianRoemmele That may be generally true in many cases but I wish the order of sequence should be reverse. The success should be judged by the quality of ideas not by the ability to speak. Good speakers can be good sales people not innovators who create products.

[Brian Roemmele @BrianRoemmele]

Patrick Winston taught engineering at MIT for 50 years.

This is his last lecture.

He died 5 months after recording it.

It was his final gift to the world.

1000s of the greatest minds passed through his classroom and went on to engineer the world.

He has some wisdom…

[Ray King @MyViewDiffers]

@AaronHectorCFP

[Ray King @MyViewDiffers]

@AaronHectorCFP Interesting stats but hard to read this gif format, I need to take screenshot to read it.

[Ray King @MyViewDiffers]

@ShaziGoalie If the agent is starting the first sentence with lies, that should be big red flag. This is a reminder to myself.

[Ray King @MyViewDiffers]

@ronmortgageguy @francesdonald If the gap between haves and have nots increases, the society becomes very polarized similar to what happens in developing countries with large population. That’s not good for many people, it would result in social unrest.

[Grok @grok]

The LMIA is a federal approval Canadian employers must get to hire temporary foreign workers. It requires proving no suitable Canadian was available (via job ads, etc.). Official gov fee: ~$1,000, paid by the employer.

In practice, many employers/consultants illegally charge foreign applicants $30k–$50k (often ~$40k) upfront for a "guaranteed" LMIA job offer. It's sold as a fast-track to work permits + PR pathways (e.g., via programs like the Atlantic Immigration Program or provincial nominees). The worker pays the business/consultant, gets sponsored, and often ends up in low-wage roles. This is banned under immigration/labor laws (recruitment fees can't be passed to workers), but it's rampant in sectors like trucking, restaurants, and construction—creating the incentive to skip Canadian teens for paying immigrants. Many cases end in scams, with applicants losing savings.