Antidepressants and industrial-strength denial.
Antidepressants and industrial-strength denial.
Hence the need for pockets
This guy HPs.
All things considered, I would too.
The downsides are having to report Capital Gain, and losing the ability to report Capital Loss.
You just weigh those costs (tax owing for capital gain, or loss of tax credit for capital loss) to see if they are sufficiently offset by the expected returns.
Please forgive me for doing a straight paste from the Canada Revenue Agency page:
"You can also make “in kind” contributions (for example, securities you hold in a non-registered account) to your TFSA, as long as the property is a qualified investment.
You will be considered to have disposed of the property at its FMV at the time of the contribution. If the FMV is more than the cost of the property, you will have to report the capital gain on your income tax and benefit return. However, if the cost of the property is more than its FMV, you cannot claim the resulting capital loss. The amount of the contribution to your TFSA will be equal to the FMV of the property."
Use sync but switch up your theme!
Flood/water sensors:
Smart valve on mains water supply so you can automatically cut off water to the entire house if any of your leak sensors alert.
You could then call a friend or family member and ask them to check on it.
Or if you had it on a smart outlet you could try rebooting it.
If you live in a climate in which you need to winterize your outdoor faucets (e.g. by shutting a valve in your basement, crawlspace, or garage) a temperature sensor on the warm side of the valve can save you from a flood.
I had to replace the garage door opener one winter and failed to notice a new quarter inch gap at the bottom of the garage door. Combine that with a cold snap and the garage dropped below freezing for long enough to burst pipes.
Fortunately I had a Shelley flood sensor on the floor so I was alerted fairly early and was able to avoid serious damage, but had I been paying attention to the pipes themselves I could have avoided a plumber call-out on Christmas Eve!
Dang, you woke Murphy. I hate it when that happens.