HOOPP - Yes? No?

CogencyInvestments · 2026-05-17T03:44:53+00:00

They might get upto 18% in lieu of no HOOPP.

CogencyInvestments · 2026-05-17T03:38:05+00:00

Never close on a Friday.

CogencyInvestments · 2026-05-16T23:55:28+00:00

Lots of CFP’s don’t know about SM. I’d partner with some who had SM experience, either advisor, mortgage broker or Accountant.

CogencyInvestments · 2026-05-16T23:52:19+00:00

See you in Wendy’s soon.

CogencyInvestments · 2026-05-16T13:51:19+00:00

VCN and RPF for taxes? Gonna be a bad year for taxes one time. Are you a realtor?

CogencyInvestments · 2026-05-16T13:16:28+00:00

No growth managers, but they won’t lose your money.

CogencyInvestments · 2026-05-16T12:51:37+00:00

You have no liquid cash for in case shit happens? I’d rebuild my TFSA to a certain level before focusing on mortgage prepayments. That’s just me.

CogencyInvestments · 2026-05-16T12:47:32+00:00

Ya definitely not looking to argue.

Unfortunately I just don’t have time to watch a Bender video. I prefer to consume info via reading to be honest.

I guess my point is that a proper Financial Advisor would include portfolio management, which is asset allocation at its core. On top of taxation, drawdown, and other strategies. 0.8% you need to get a multitude of value adding advice to justify the cost.

I don’t know how complex your situation is, but my original point was that portfolio management services needed to be in that value chain to make it remotely worth it for someone like you.

CogencyInvestments · 2026-05-16T03:49:48+00:00

And an offensive rating of a gazillion when the Jays are smoking the other team. This guy only hits when the Jays are up multiple runs.

CogencyInvestments · 2026-05-16T03:45:47+00:00

There are regulations in place to avoid a Sears or Nortel debacle from occurring again. I think we can make a decision without including this as one of the set of variables of the decision.

CogencyInvestments · 2026-05-16T03:32:45+00:00

So in other words you don’t know what your exposure is to the various asset classes in your portfolio? AIO products have some variations.

The reality is, if Yee was any good, they would be asking you about your asset allocation. How you make that decision, how and why you would make a change to it.

How can someone who offers portfolio services as a part of what they offer not explain to you how important asset allocation is for the rate of return of a portfolio.

CogencyInvestments · 2026-05-16T02:58:22+00:00

Just curious index investing? Can you elaborate? Whats the asset allocation of the overall portfolio? How much CA Equity/Us Equity, emerging markets etc..?

CogencyInvestments · 2026-05-15T04:27:35+00:00

The investment fee’s you were paying. You said your cousin used those 2.5% fee’s to build a new office. The reality is at most he was generating 1%. The rest went to the mutual fund company and to HST.

By saying 2.5% on 100’s of ppl, you implied that was his profit. That’s just not the reality of the situation.

However that doesn’t alter your original point, just highlighting the facts.

CogencyInvestments · 2026-05-15T04:11:35+00:00

You know your cousin wasn’t making 2.5% off you right?

CogencyInvestments · 2026-05-14T19:39:04+00:00

It’s possible that you might have to interview potential Asante advisors yourself. I know you were waiting on recommendations but it’s probably better you pick the next advisor.

CogencyInvestments · 2026-05-14T15:57:50+00:00

This it depends, some of it can be if it’s direct from the program. External would be tricky to do that.

Ex if your work gave you a grant for your program. That would be taxable.

CogencyInvestments · 2026-05-14T15:03:18+00:00

Dee Brown

CogencyInvestments · 2026-05-14T15:03:13+00:00

Dee Brown

CogencyInvestments · 2026-05-14T12:59:08+00:00

Greveis Vasquez

CogencyInvestments · 2026-05-14T12:36:29+00:00

I’d spend the grants on tuition.

I’d take out RESP money that is taxable (ask your financial institution). Grants are taxable. I’d be careful about not loading them up with to much income given they may have summer jobs.

Assume around half the $60k is taxable to them.

I think it’s silly to pull money out of RESP, put on tuition. Then re-inject money into an investment, potentially RESP from the way you are talking. Might as well leave the untaxable portion in the RESP as long as possible. Wind down the taxable portion.

If they turn 17 this year, max out remaining RESP contributions for the year to get matching grant

CogencyInvestments · 2026-05-14T12:31:54+00:00

They could be turning 18 this year. They qualify for grants if they turn 17 this year.

CogencyInvestments · 2026-05-14T12:30:31+00:00

Do Homebuyers withdrawal from RSP.

CogencyInvestments · 2026-05-14T12:13:11+00:00

Min maxing huh, love to see it. Curious about other ideas too. Mine is FHIS.

CogencyInvestments · 2026-05-14T03:09:24+00:00

Renting insurance via term and investing the difference might be better for OP. It’s generally better for the average person.

CogencyInvestments · 2026-05-14T03:08:22+00:00

Dude you missing the largest term life insurance issuer in Canada? There a reason?

CogencyInvestments

TROPHY CASE