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publicbigguns t1_jcwwm74 wrote

5k might not be a fuck ton to you, but that's quite a bit of money for the vast majority of Canadians.

It's not skipping a vacation, its having food on the table...

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Beerphysics t1_jcwxb90 wrote

Well, it depends which Canadian sub you're asking this question on. On /r/Canada it's a ginormous unthinkable amount of money. On /r/personalfinancecanada it's what they made last friday.

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publicbigguns t1_jcwxerg wrote

r/wallstreetbets has entered the chat...

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gheebutersnaps87 t1_jcx73ak wrote

Is that subreddit not just dudes who think they are The Wolf of Wall Street, but are actually just regular middle to lower class people who really like Elon Musk?

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Chiss5618 t1_jcxqeqf wrote

It's mixed. The original sub was about making very poor financial decisions

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zouzzzou t1_jcy35pd wrote

The original sub before 2020 was about throwing less than 1% of your money in low probability high paying bets. Nobody back then actually threw everything at a bet, and if someone did, they were rightfully made fun of.

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Makyura t1_jcy3zl6 wrote

No it's just a gambling addiction sub under a pretty guise

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wineandseams t1_jcwyl4r wrote

It's how much is lost weekly on options held with shady brokers.

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sethayy t1_jcxttqs wrote

Fuck dude if I even had 5k in my account I'd be celebrating

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Goodpie2 t1_jcx1n8l wrote

Congratulations on being rich then. That doesn't change that it's a shitload of money for the majority of people.

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creamonbretonbussy t1_jcx2bjn wrote

Lmao that's more than twice as much as my family has ever spent on a vacation

We'd just rent a cheap cabin in a nice place for a few nights and buy some interesting foods and goods from the local vendors.

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SueSudio t1_jcxwxge wrote

If you fly anywhere it is very easy to hit that price.

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JoaoBinda t1_jcx300i wrote

This word “many”, I don’t think it means what you think it means…

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SeaLeggs t1_jcy7t7u wrote

Sorry honey we’re not going on holiday this year, I’ve ordered us a coat of arms from the government instead.

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hreloaded t1_jcxxlmk wrote

>$5000 isn't a fuck ton

Not only that, it isn't even a metric ton (of copper)!

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Drdres t1_jcxc7fk wrote

Anyone choosing a coat of arms instead of a vacation is a psychopath regardless

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SueSudio t1_jcxvml8 wrote

For sure. I'd never spend $5k on a piece of paper like that. But some people might get long term pleasure out of having that to pass down within their family.

A vacation is just a memory once you are back at home.

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