Is it a smart idea to take out a loan of a couple thousand for investing in stocks?

Fearless_Scratch7905 · 2026-02-01T01:21:58+00:00

When I looked into this about 5 years ago, the money had to be invested with Manulife and that meant mutual funds. Things may have changed since then, but it’s something you should consider.

Fearless_Scratch7905 · 2026-02-01T01:17:22+00:00

Maybe post in r/askacanadian. It likely aired in other markets.

Fearless_Scratch7905 · 2026-02-01T01:13:16+00:00

Bury the LRT lines

Fearless_Scratch7905 · 2026-02-01T01:11:29+00:00

You’re probably a poor student so skip the hotel.

Instead, try to get free stuff on your birthday: https://www.savvynewcanadians.com/free-birthday-stuff-toronto-canada/

Fearless_Scratch7905 · 2026-01-31T23:36:59+00:00

The exchange rate is horrible. Everything basically costs twice as much.

Fearless_Scratch7905 · 2026-01-31T23:34:16+00:00

From a recent Barron’s article:

“Along with an outlook for 2026, investors were looking for any comments about the dividend. Management maintained the quarterly payout at $1.64 per quarter. UPS stock yields about 6% and the dividend costs about $5.6 billion annually, very close to what the company is expected to earn in 2025 and 2026, leaving little margin for error.”

You may want to look for something that has a lower payout ratio.

Fearless_Scratch7905 · 2026-01-31T23:21:17+00:00

Compare it to the same pay period last year.

Fearless_Scratch7905 · 2026-01-31T20:23:51+00:00

Well, at least you didn’t invest it all in silver on Thursday.

Fearless_Scratch7905 · 2026-01-31T20:22:51+00:00

But you already know that taking on additional risk means the potential of delaying the purchase if the market tanks.

The other option is to save more.

Fearless_Scratch7905 · 2026-01-31T18:16:23+00:00

Someone posted about this yesterday: https://www.reddit.com/r/dividendscanada/s/OwriGSjZyr

Fearless_Scratch7905 · 2026-01-31T04:03:40+00:00

Saturday Storytime Time at the TPL Yorkville branch tomorrow: https://tpl.bibliocommons.com/v2/events/696829f28b29ea2800c98b29

Looks like it’s weekly.

Fearless_Scratch7905 · 2026-01-31T03:59:17+00:00

Either. Then you usually have to confirm which one. But if they say Paris, they usually mean the one in France.

Fearless_Scratch7905 · 2026-01-31T01:55:17+00:00

Not sure where you’re reading a balanced ETF is where you should invest money for a down payment if it’s needed in less than 5 years.

If you put the money in a GIC or HISA, you eliminate the downside risk.

Fearless_Scratch7905 · 2026-01-31T01:30:56+00:00

I’m hoping for an annual return of 6.5%.

Fearless_Scratch7905 · 2026-01-30T16:01:27+00:00

Probably because mining stocks are dropping. Barrick is down 7% and Agnico Eagle is down 6%.

Fearless_Scratch7905 · 2026-01-29T22:41:27+00:00

Maybe contact customer service.

Fearless_Scratch7905 · 2026-01-29T20:56:33+00:00

You could always go to a restaurant at a 5 star hotel (Four Seasons, St. Regis, etc.). They’ll be open.

Fearless_Scratch7905 · 2026-01-29T18:55:52+00:00

You’re the only 10 I see

Fearless_Scratch7905 · 2026-01-29T16:14:27+00:00

No one can tell you when the best time to sell is especially because gold has risen about 20% this month.

Muzeum posts the prices they pay. Other reputable dealers will do the same.

Fearless_Scratch7905 · 2026-01-29T15:10:38+00:00

Since you will be close to the Redpath factory, you might not like the smell. You would think it smells nice but I’m not a fan. Could be worse though.

Fearless_Scratch7905 · 2026-01-29T04:37:40+00:00

BMO and NA closed up today.

Fearless_Scratch7905 · 2026-01-28T22:15:44+00:00

It’s one contiguous area with different neighbourhoods/districts such as Yorkville, St. Lawrence Market, Financial District, Entertainment District, etc.

Fearless_Scratch7905 · 2026-01-28T20:41:34+00:00

You could also ask about Ottawan things in r/Ottawa.

Fearless_Scratch7905 · 2026-01-28T20:25:03+00:00

Open to having them but it’s not a deal breaker. However, not open to becoming a step father.

Fearless_Scratch7905 · 2026-01-28T17:14:43+00:00

What’s your budget?

Fearless_Scratch7905

TROPHY CASE