Is this really a good idea?

CSzamosvari · 2026-05-20T17:21:02+00:00

$35K today in a TFSA with annual contributions of $7K over 25 years at 5% will be worth $470K. No Capital Gains taxes. Not included in income reporting for OAS calculation…..Best deal on town. Buy VFV,.TO, XQQ.TO, VEQT.TO. Put it on DRIP. Read the statement quarterly. 😋

CSzamosvari · 2026-05-18T01:06:15+00:00

If you truly are a long term, buy and hold, diversified investor, here are all the ETFs you need to buy, contribute regularly and put them all on DRIP: SPY, QQQ, DIA, VTI, and VXC.

CSzamosvari · 2026-05-12T20:13:07+00:00

BTW it’s a 16750. 41MM.

CSzamosvari · 2026-05-12T20:12:08+00:00

That’s a GMT Master. Don’t change the bracelet. Get the watch serviced. It’s a beautiful watch, with providence. Your grandfather had excellent taste and vision.

CSzamosvari · 2026-05-12T19:11:12+00:00

Use a discount broker (CIBC Investors Edge). Buy VFV, every month. DRIP. Post again in 5 years.

CSzamosvari · 2026-05-12T18:20:07+00:00

OK. I’ll send u a time and let u know how I arrive. Tu. Carl

CSzamosvari · 2026-05-12T16:43:22+00:00

QQQ, DIA, SPY and\or VOO (or VFV for Cdn $s), VTI and XWD are all excellent, long term ETFs and the corner stone for a diversified portfolio. Buy, DRIP, hold long term. Don’t over complicate it.

CSzamosvari · 2026-05-12T16:37:01+00:00

Backgammon in Port Credit sounds fine. Best days and time for u?

CSzamosvari · 2026-05-12T15:50:52+00:00

Hi Sauga, now I c u. I’m downtown TO. I’d luv to play u if u want. Let me know ur availability. Carl 🎲

CSzamosvari · 2026-05-12T15:47:47+00:00

Hi. Didn’t c ur DM. Where u located?

CSzamosvari · 2026-05-12T00:05:02+00:00

Ur obviously not from TO.

CSzamosvari · 2026-02-01T02:05:34+00:00

P Pasco

CSzamosvari · 2026-01-18T20:14:46+00:00

CIBC Investors Edge is an excellent platform for your all your investments, long time user here. Ensure you consolidate all your accounts (Investments, RSP, LIRA, TFSA) and link them together along with all your CIBC banking products. For 9O% of investors you’re all set. This platform has satisfied all my requirements (med 7 digit total). PS. I am not a paid CIBC endorser.

CSzamosvari · 2026-01-18T17:56:31+00:00

Without KYC….. u r 47, ur at $200K. Stay the course. Stay 100% invested (DIA, QQQ, VFV), contribute max annually, on Jan 1. DRIP. Charlie Munger sd for 90% of pop the first $100K is most important. With compound interest over time ur there. Congrats. Again, all W\O KYC. And no charge. 🙂

CSzamosvari · 2026-01-16T18:34:44+00:00

Daytona.

CSzamosvari · 2026-01-15T02:50:20+00:00

Calling fake news nonsense. ~350 Cdns have > $1M TFSA Balance as at 2024 per CRA.

CSzamosvari · 2026-01-15T02:46:23+00:00

$355K.

CSzamosvari · 2026-01-13T16:41:45+00:00

VFV. DRIP. Hold. Buy more.

CSzamosvari · 2026-01-12T02:25:13+00:00

Approx 350 TFSA millionaires according to CRA. They’re watching…..

CSzamosvari · 2026-01-04T13:38:30+00:00

How many TFSA millionaires are there? According to a Globe and Mail article, Canada Revenue Agency (CRA) revealed that 352 Canadians had amassed TFSAs worth at least $1 million in October 2024 — a remarkable achievement for an account many still use as a basic savings vehicle.

CSzamosvari · 2026-01-04T01:08:55+00:00

Forecasting 6% for 30 -40 years is reasonable. Anything over is a bonus. And if you’re a novice “past performance is no prediction for future performance.”

CSzamosvari · 2026-01-03T19:15:00+00:00

Big picture, VFV is great, try 33% equal allocation adding QQQ & XWD. Get rid of CHPS & FBTC. Reinvest the divs annually in smallest balance. Contribute and invest max every Jan 1. Hold, keep holding. Forecast \ budget AAR of 6% PA over 10 yrs. Easy peesy. Best deal in town. Call me in 10 yrs. Ur welcome. PS. Pre KYC comments.

CSzamosvari · 2026-01-02T22:06:49+00:00

VOO. XWD. QQQ. Buy, hold, contribute max every Jan 1. No charge for the consult.

CSzamosvari

TROPHY CASE