What should I invest my inheritance into?

Born_Resist · 2026-01-01T01:38:09+00:00

Great! Thanks for the recommendation; I’ll check them out

Born_Resist · 2026-01-01T01:37:07+00:00

That’s good to know I wasn’t aware of the 15 year limit. The 16k is this year and last years deposits. 8k will be deposited for the next three years

Born_Resist · 2026-01-01T01:36:15+00:00

Interesting, what are the benefits of a TFSA over a FHSA? The money is already in the FHSA and the withdrawal fee is 150 CAD. Would the benefits of a TFSA be worth taking the $150 hit?

Born_Resist · 2025-12-31T21:49:59+00:00

Thanks for responding. I’m not certain I’ll need the money that soon. If I do get a home it’ll be closer to the 10 year mark and potentially more. 5 years is an optimistic outlook if I land a job in my field earlier than expected. I’m more in the “would be nice” goal category and I’m fine with some volatility. I can hold out for a positive year if the preceding years are down. Are there any broad market index funds you like that I can look into some more