[Beaver101]

Canadians renting a water tank is considered financially illiterate. But but but those who dabble with cryptocoins aren't ... who knew?

 

[Beaver101]

You must be from Ontario

... I never said I wasn't from Toronto, Ontario. I always stated that but then what about you? Probably remotely up in the Himalya mountains. And strangely enough, only "Ontarians" are that financially illiterate? Again, who knew?!

Imagine if you put the hot water tank rental fee into apple stock or bitcoin since 2011

You'd literally have 7 figures

... first no need to imagine that when you have a crystal ball. I don't. And I don't care to own either apple stock/crxps along with the other suggested crxps for suckers.

 

[Beaver101]

Here you are again, just jumping into other people's threads to take a jab at them.

... who jabbed who first? Why don't you start with the title of the thread? "Ontarians" are SOOOO BAD at 'basic" finances which means being "financially illiterate". Do I need to re-explain this to you? And when i pointed out this would include other Canadians, I was re-jabbed with "so you're from Ontario" which you also noted in your post #14 with some emoji jibberishs, probably some slurs if not swearings. Aren't you from Mississauga (originally) and now some small town in the province of "Ontario", Canada? So you don't feel jabbed here? I wonder why??? See more remarks below for you.

Once again, contributing absolutely nothing of value to the forum. You only ever post insults, jabs, attacks and/or drama of some form.

... no, you contribute ALOT ... I can't help it if you're biased and can't argue or see a gun in front of you.

The very first post after your loonngggg hiatus (like years) from this forum, I was trying to be helpful to you knowing your youth. But you took it the wrong way or maybe that's your personality anyways and right off the back - you "swore at me" calling me a dick. No jab there, right? Swearing is not a jab?

And yes, I am going to continue to point this out in every single thread you feel it is necessary to pollute with your trash posts.

... go ahead, be my guest. You're the one with your own BIG MOUTH plus your postings, including pics. Still feeling sore about that pic with the receding hairline? I only spoke/speak the truth.

If you want to continue "polluting" my "trash" posts, then so be it ... I can get just as personal. In fact, if you're not afraid of skeletons in the closet, just continue to trash my posts. I double-dare you.

And that goes for m3s aka mode3sour also.

 

[Beaver101]

Odd ... the people I know and my hot water tank rental was on the gas bill, not the electricity bill.
Is this some sort of special arrangement?


Agree on the builders getting a kickback from the hot water rental company and avoiding the costs, including installation fee.
I'm sure the rental company loves sending a crew to put in say twenty tanks, all close together in a new build area.

I am puzzled by the new features bit as the rentals I have seen are the same as one buys at Home Depot or Lowes. Nothing top end or additional features. Maybe it was something the landlord asked for?


Must be a broken calculator or something special to these numbers.

If I use the maximum fee from the install date to when my friend replaced his rental water heater, I get $4K for what was probably a $600 water tank. And that's a deliberate over-estimation as I don't have time to ask for the history of the original fee plus when/how much it increased.

Not a great deal but more than two times cheaper than your calculator.


Cheers

... glad I'm not the only Ontarian who is SO BAD at basic finances to see those over-exaggerated (polite term) numbers $15K rental costs for a $1K water tank even without a calculator. ROFLMAO.

 

[Beaver101]

I'm not going to hijack m3s' thread, so this will be my last post to you in here.

... up to you.

Yes, I'm from and live in Ontario, but I didn't take what m3s said personally and I agree with him - he is right. I don't see it as a jab.

... of course, if you're biased basically. Like I said, I referred to Canadians, why just Ontarians and he goes "so you're from Ontario" of which you intercepted with some emoji slurs ... so what was that? Not a jab? Nope, not to you 'cause you wholeheartedly agree with the jabbing others. Ie. it's okay for you to do it but ain't for others and goes "waaaah, waaaah ... " and telling others to grow up.

As I said, which you may have read incorrectly, the receding hairline does not bother me. Apparently it only becomes worthy to mention by people who are judgemental. If I'm confident enough to post a picture, then obviously I'm content with my physical appearance.

... yeah, right. Then why bring it up in the other post, taking it "personally" if you so content with your physical appearance (which I don't care for either)?

Regarding the skeletons in the closet, if you want to waste your time digging things up from the past, you go right ahead. People are not perfect, and I own the things I have posted. That is life. They are not "skeletons in the closet" to me.

... sure sure sure ... then why trying to fish HP out with me? See the other thread. Repeat: Suggest you see a pyschologist.

And yes - you were a dick. Remember when you called my ex girlfriend a whore? That was a good post. Not sure how you didn't get banned for that one.

... okay, so you know re-acknowledge you SWORE AT ME, right after I tried to help you with a post which you took either the wrong way or not your way. Talk about being a small man in the first place. And don't accuse me of calling your girlfriend a whore. That's your interpretation. You were the one BRAGGING about not taking precautions ...and based on skeletons in the closet, the one plus one adds up. Do I need to go on more?

@m3s The milk in the bags has always bothered me and it doesn't make sense. But there does seem to be a lot of cows in Ontario, too.

... no jabs here - according to you, right? Yes, there're alot of cows in Ontario. Do you want to include the one that supposedly raised you?

 

[Beaver101]

If the people in the article had invested the money they would have spent on a hot water tank 28 years ago.........what would that be worth today ?

.. he suggested apple and bitcoins stocks will give you 7 figures .... what a genius ... with a crystal ball too.

 

[Beaver101]

Renting a hot water tank is real dumb. Almost as bad as renting a couch or playstation.

... no it's not although I would agree renting a couch or playstation or even the phone for your landline would be. See Money's post #51 that renting a hot water tank is the "last" thing on the list to be classified as a "mistake", let alone dumb.

For one, there're "alot" of factors that go into "owning" your own tank. First of all, "owning" means you're "completely responsible for it" ... from replacing, buying, installing, etc. Secondly, you have to be handy-person to be able to that, if not a certified specialist. And there're alot of details with this one. Thirdly, it doesn't cost $15K to replace a $1K tank.

Now if you ask me about renting "cable" or paying $50 rental on a cellphone I would replace both in a heartbeat. Plus I'm not aware of anyone renting a couch/playstation or phone.

 

[Beaver101]

Get rid of the tank.

Cold showers are fine.

Any “shrinkage” will straighten itself out.

...

 

[Beaver101]

If you own your house you are "completely responsible for it". A HWT is a small component of a house. It is nonsense to say you need to be an expert in how a HWT works to be able to own it vs rent. It's like saying you need to be a mechanic or an automotive engineer to own a car outright rather than lease it.

... yes, it would be nonsense if you're comparing it to leasing a car. But it's NOT nonsense to be an expert on how a HWT gets replaced/installed. It's the initial process - you don't exactly pull the plugs and shove in a new tank? What if it is an electric one and you're replacing it with a gas one (for perceived) cost savings? Don't you have to get a gas "specialist" for that? And by "specialist", I don't mean just a plug and play one since you're not just paying a few hundred dollars for his inspection, recommendations, etc., never mind the eventual installation of your "own bought" tank. As mentioned, there're ALOT of factors going in there. And even you agree a HWT is a small component of a house just as I pointed out what Money was saying ... last thing (HWT rental costs) you need to worry about. I can save hell of ALOT more money by not subscribing to cable & cell subscriptions to cover at least 3 HWT rentals per month.

Rent vs own is purely a financial engineering decision.

..yes, for a car. Leasing is favourable if you get the write-offs. If not, then cheaper to own one. But keep in mind that car will eventually break down and be prepared to be mechanically-inclined. I don't suppose 50% of the "females" population is.

There is a whole retail chain in Canada whose business is lease to own furniture... 155 locations country wide.

Loading…

www.easyhome.ca

... I'm sure there are. But I said, I'm not aware of anyone (homeowners) renting them. I can see landlords do as well as those who survive on paycheck to paycheck or PayDay loans would.

 

[Beaver101]

So why don't you rent your furnace? I'll avoid using the term HVAC since that confused some Ontarians

I can't even read all that non sense

.. of course you can't since your head is stucked in that "nonsense" mode. Or maybe the math of $15K rental fees for a $1K tank ... maybe for 2 lifetimes.

I'm not aware that there're furnaces rentals in Ontario nor am I aware of roofs rentals ... options. If there are, by all means point them out I'm all ears in hearing your genius ... schemes.

 

[Beaver101]

You had to ask. Apparently sags thinks HVAC is AC. I don't think sags or beaver paid attention in elementary school

... of course not as I didn't attend a technical school. Anyone knows that HVAC stands for Heating, Ventilation and Air Conditioning. And whoopie that only you know its acronym.

Woosh. Impressive actually

... well? I'm spouting nonsense according to you so what's the answer?

 

[Beaver101]

m3s is intent on bending over to pick up pennies on the road in front of the oncoming steamroller, which may be attributed to crypto losses.

... 7 figures ... wooosh!!!!

 

[Beaver101]

7 figures is not even what I said and it's not gone at all. I'm afraid you have poor reading and/or memory

... repeat this again. You didn't say you made 7 figures? Then it must be 6 figures but then that's would be too little according you as you can't even buy a house here in TO/Vancouver. So was it my memory and reading poor or is it more like yours?

I didn't say it was "all gone", never claimed that. Now I will ... repeat: WOOSH ... with declining cryto junk. That 7 figures will become 6 and then 5, 4, 3, 2 ... since I'm bad at math.

If you are foolish enough to rent a hot water tank then you probably made a lot of similar decisions and I can see the outcome

... good for you. It's your narrative.

If you spend 10 years on a finance forum and don't understand the basics then I'm sorry I can't help you

... neither can I help your ingenuity ... in scheming and scamming others. I admit I don't have your expertise on this ... not even the basics in teaching the Scheme & Scam course. At least I know it doesn't cost C$15K rental fees for a $1K tank ... even with a "calculator". LMAO...

 

[Beaver101]

It says a lot that you think 7 figures is a lot when it isn't even the number

... it sure does since you came up with that "7 figures". I could care less what the "real" number is when it's coming from your mouth "magically", bigger than an inflated balloon.

I wouldn't waste any money on RE in TO because you get nothing but bad traffic

... don't care for you as a neighbour for sure. As said, you could be living up in the Himalyas for all I care.

Lots of cows apparently but why buy the cow when the milk is free

... of course the "milk is free" without buying the cow ... for you that is. That's the ingenuity of your scheme and scam course, continuously being pushed on this forum. So what are you planning on next when the crypto-scam crashes? Can't be back to pet rocks since you exploded from a piece given your hate of boomers. Must be some 'new' energy gizmo that runs on hot air.

 

[Beaver101]

Our landlord owns 1200 rental units and requires the rental of the hot water heater.

Our unit is an all brick townhouse in a nice, mature area and our courtyard backs onto a 1 acre park full of trees.

It is also rent controlled and we pay $1180 a month plus hydro for a 3 bedroom/3 bathroom unit, which is $1,000 below market rents.

Our rent provides free membership to a private resident's club with indoor and outdoor swimming pools,. a fully equipped gym, sauna, and meeting room.

The landlord allowed us to renovate the unit at our cost, and build a platform deck on the front of our unit. (not attached to the brick)

We aren't going to moving anytime soon to save $20 a month on a hot water tank.

Don't worry.........when you arrive in Ontario you will learn all about market rents and the financial advantage of rent controlled units.

The cost of a hot water rental will be the least of your concerns.

Our landlord has a long waiting list for units in our small complex.

... that's inexpensive. Here in TO, you might get a closet for $1100. Totally agree, and as Money said "last thing" you need to worry about or being SO BAD in basic finances is a HWT "rental".

I guess by m3s' definition paying hundreds of dollars per month in cell charges mean one is being so "financially-savvy" pushing crypto-craps on his app.

 

[Beaver101]

m3s.......I suspect you are going to suffer from price sticker shock in a move to Ontario.

Wait until you see the cost of insurance, municipal taxes, condo fees, rents,.......or a home suitable to own....at the better part of a million dollars.

... you see, according to m3s, we "Ontarians" are SO BAD in BASIC finances to be able to pay for these RIP off prices when we can go live in the forest or up the mountains of the Himalayas there for "free".

Shelter there is free - just pitch your own tent somewhere. Plumbing is absolutely free no doubt as one doesn't even need a toilet! Just take your dump somewhere. As for trying to keep clean, just go to some stream and sponge bath. Water is freezing? Too bad. I can give more examples of "free" services for m3s there but no need to educate the genius. HOWEVER, I can't say that he'll get free satellite service for his cell there though whilst pushing ... < fill-in-the-blank with crap-of-the-day>.

 

[Beaver101]

Contact the company that rents your HWT (may not be your gas utility). Ask them what they need. They may offer a buy out or a penalty for breaking the rental agreement. Then you can either go to a store like Home Depot and buy a HWT and have it installed, or contact a plumber to get a quote.

... follow andrewf's instructions and report back to us 1. what's the break-even point to "own" your own and 2. total costs for the conversion.

For the records, reccosso and I are both anonymous to each other. I would be interested to see what he comes up with or just how good it's to own your own HWT.

 

[Beaver101]

Well that happens to be what I wrote in the original post and several times in this thread, so yes. Are you losing short term memory?

I could buy a house in Ontario but it's honestly the worst deal I've ever seen anywhere. You basically have cookie cutter homes of poor quality built in flat fields. In the rest of Canada, US or Europe you can easily get a much more interesting place and/or much better value. With remote work and work from home many Ontarians are starting to move out same as certain US states where people live with horrible traffic mostly for their job.

BC is expensive but it's also insanely beautiful. California is expensive but the climate is amazing. Ontario is just expensive, flat and cold.

... of course, you wouldn't want to "live" in Ontario as Ontario is the perfect place to find saps for your pushing ingenuity. Isn't it?

Btw, nice try on pitting Ontario with BC and California and what-haves ... why not pit us against NFLD (no offense to jargey3K), New York State or Yukon even since it's nice and cold there. I don't think it's any cheaper there - land maybe but goods and services, definitely not.

 

[Beaver101]

@KaeJS was on to something about the cows in Ontario

The moose in Yukon and Newfoundland are much more dignified and intelligent

NY is similar and Americans are leaving NY as well

... of course KaeJS was onto something about cows in Ontario that you're in agreement with. (Tells ALOT about you -your turn). But he failed to realize one of these "undignified" cows in Ontario raised him too. Also, tells even more about you too ... but wait I'm mistaken as you were blown out from a pet rock. Sorry don't have your ingenuity ... to scheme and scam.

And speaking of slurring others as being "undignified", you should have a HARD LONG LOOK at self in the mirror. And I'm now serious about this.