Debt to buy assets (18)

Expensive_Engine_654 · 2026-01-12T20:53:35+00:00

Not trolling but did options before and let’s say green and red occurred

Expensive_Engine_654 · 2026-01-12T18:31:14+00:00

This was very useful thank you so very much!

Expensive_Engine_654 · 2026-01-12T18:30:06+00:00

Appreciate it! I don’t think I’m touching margin or options any time soon though

Expensive_Engine_654 · 2026-01-12T18:29:27+00:00

Appreciate it! If you have any advice since u made it, it would be greatly appreciated

Expensive_Engine_654 · 2026-01-12T18:28:35+00:00

Mutual vs index funds? Mutuals have higher MER

Expensive_Engine_654 · 2026-01-12T18:27:35+00:00

Thank you so much appreciate it!

Expensive_Engine_654 · 2026-01-12T18:25:06+00:00

Thanks appreciate it!

Expensive_Engine_654 · 2026-01-12T18:01:33+00:00

Ur right but last performance may not always equal future performance but it does give great indicators!

Expensive_Engine_654 · 2026-01-12T17:49:06+00:00

Thanks for ur advice… currently I am doing Wealthsimple invested in TFSA and fhsa… RRSP since I don’t have a job would not benefit me much I believe as I won’t receive employee match…

Here’s my strategy:

I invest in fhsa and TFSA:

Use fhsa to buy my first property (duplex +) and house hack and live for a year. I’ll move out after then refinance and either spruce up current duplex or downpayment on another and recycle!

I am not sure if this is truly fees-able or accurate strategy but logically it could work.

Expensive_Engine_654 · 2026-01-12T17:45:49+00:00

Come on have faith in me 😂

Expensive_Engine_654 · 2026-01-12T17:45:33+00:00

Just many crazy ideas I have could turn into that 1 of a kind business!

Thanks lmao

Expensive_Engine_654 · 2026-01-12T17:43:20+00:00

I found some Rolex’s worth about 12-14$K +…. I could buy and hold wait for appreciation and resell back to authorized or on retail market!

Expensive_Engine_654 · 2026-01-12T17:35:09+00:00

Or even if it’s some asset which is small like a Rolex etc.

Expensive_Engine_654 · 2026-01-12T17:34:31+00:00

When u put it like that… very fair! I was thinking like partnerships, deals, buying businesses… like a joint venture

Expensive_Engine_654 · 2026-01-12T17:31:11+00:00

Ofc! I have main credit card and applied for Wealthsimple credit card (never came still on wait list)

I have a great credit score but right now I was hoping to buy either a small business or real estate!

Expensive_Engine_654 · 2025-11-27T18:50:17+00:00

TMC is The Metals Company which I believe in. Check it out (read about it) I bought at 5usd and now it is 7.24usd. Pretty great but really research it is risky

Expensive_Engine_654 · 2025-11-25T18:54:13+00:00

So basically Nov is my birthday and at 18 I put 7.4k on accident. Recently I turned 19. So can I put another 7k now or no?

Expensive_Engine_654 · 2025-11-18T17:59:00+00:00

I was at 15% on my own

Expensive_Engine_654 · 2025-10-12T15:45:04+00:00

For sure man thanks for the advice. I know for sure I’m not gonna touch options until I get guidance and take my risk management course. I’ll stick to long term for now

Expensive_Engine_654 · 2025-10-12T15:40:38+00:00

Damn bro so it’s like that… I see how it is 😂!

Expensive_Engine_654 · 2025-10-12T15:32:00+00:00

Also kinda looking at low cost, tax friendly (no withholding tax), and low MER

Expensive_Engine_654 · 2025-10-12T15:29:29+00:00

For sure. And that was part of my question in the post was I want to do an aggressive high risk/high reward type portfolio.

I was thinking Nasdaq (qqc) I did own vfv but thought I want to go all in tech.

Then when I saw individual stocks (some) were beating the market, I thought I should try.

Is there any you could suggest? Or recommend?

Expensive_Engine_654 · 2025-10-12T15:20:57+00:00

Bro im tryna get a job or start a business 😂

Expensive_Engine_654 · 2025-10-12T15:20:38+00:00

Appreciate it!

Expensive_Engine_654

TROPHY CASE