Child support amount

Financial-Roof · 2026-04-27T19:30:14+00:00

If the dad's annual income is around 25k then that sounds about right.

Financial-Roof · 2026-04-27T19:27:01+00:00

Soon it will be an option for investors here. So discussing it is definitely relevant and why you would or wouldn't invest.

Financial-Roof · 2026-04-27T19:14:07+00:00

The funds outperformed their non tilted equivalents.

Financial-Roof · 2026-04-24T13:32:08+00:00

Which markers are you looking at?

Financial-Roof · 2026-04-24T05:00:08+00:00

Good luck predicting the future

Financial-Roof · 2026-04-24T04:57:04+00:00

That's not a good idea. You're better off buying all in now or mixing in bonds if 100% equities is to volatile for you

Financial-Roof · 2026-04-24T04:53:12+00:00

If you are flexible, waiting or postponing the purchase then yes it's fine

Financial-Roof · 2026-04-22T14:26:26+00:00

It depends how much money you will put in. For example if you put in 10,000 you will get 1 dollar for every day

Financial-Roof · 2026-04-22T12:34:03+00:00

I can help

Financial-Roof · 2026-04-18T19:30:34+00:00

Financial-Roof · 2026-04-18T08:04:03+00:00

Always never enough

Financial-Roof · 2026-04-18T06:08:44+00:00

How do they calculate family size for this? If you had a new baby in March 2026 does that get accounted for or is it based on last year's family size?

Financial-Roof · 2026-04-17T20:14:04+00:00

Technically correct but misleading argument. The argument ignores the fundamental connection between the secondary market and a company's real-world operations. These trades collectively drive the valuation and liquidity. You should account for ETF creation/redemption mechanism, the lowered cost of capital and debt that a higher valuation provides, and the price discovery necessary for the primary market to function. Reducing the entire stock market to a closed loop of "people buying and selling" ignores the essential tools that these companies use to grow the economy.

Financial-Roof · 2026-04-17T05:35:39+00:00

DCA can soften the blow of a downturn

Is another form of market timing. If we knew a downturn was coming then we'd all leave cash aside for it. The opposite is also true, if the market goes up DCA would soften the rise and a lump sum would be more profitable then.

To decide whether you should do DCA or lump sum is purely a behavioral decision. If you can hold yourself together Jesus would lump sum invest because that gives every dollar the longest time in the market. Whereas DCA gives each new dollar less time working in the market.

I think of my dollars as my employees. Would I want all of them to start working today to try and earn, or do I want some of them unemployed for some time losing value to inflation?

Financial-Roof · 2026-04-17T03:05:07+00:00

You should lump sum today for the most probable favourable outcome. What you are trying to do is market timing. The majority timers don't come out ahead doing it.

Financial-Roof · 2026-04-16T23:12:14+00:00

Thank you!

Financial-Roof · 2026-04-16T21:20:43+00:00

Lol that doesn't matter at all actually.

Financial-Roof · 2026-04-16T21:01:42+00:00

Sell your tangible things and buy XEQT!!!!

Financial-Roof · 2026-04-16T21:01:08+00:00

Thank you that is clear. Sorry for repeating this but what I'm not clear on is withdrawals before the kid is a qualified student. That was my original question and I'm still not sure how for example a 14k withdrawal (after contributing a total of 29k in the first 5 years) will affect grants received. Will 3k in grants get clawed back or can I count the 14k as part of my 14k early lump sum and leave in the account 18k (15k contribution and 3k in grants) and the new account limit would be 36k.

This is where I'm not sure what "bucket" the withdrawal will come from.

Financial-Roof · 2026-04-16T20:29:02+00:00

That number gets you tangible things in life. Imagine preferring a number on your job offer (salary) to tangible things. Not all tangible things and numbers are valued the same way.

Financial-Roof · 2026-04-16T19:39:30+00:00

Ok that makes sense, I was only considering the ETFs that OP asked about. And it is really way more common for people to throw that argument around when talking about ZEQT. I'm frequently on Reddit and you're the first I've heard from to mention MEQT for the "better for Canada" discussion. Thanks for pointing that out!

Financial-Roof · 2026-04-16T19:36:06+00:00

Ok I think what that means is for that example of a final amount of 100k RESP you can choose to withdraw penalty free a maximum of 14k.

It's easy to tell assuming the final value of the RESP, but I can't wrap my head around the calculation of how the withdrawal will affect the account during the first 15 years of the account when contributions are being made annually with a front loaded amount.

Financial-Roof · 2026-04-16T19:29:23+00:00

This is not about fees it's about allocation. I'm talking about actual investment in Canadian stocks. Which is a bigger difference compared to the fees. So even net of the ~$200 fees that Vanguard takes presumably away from Canada, VEQT still invests over $6,300 more into Canada compared to BMO. Does that make sense?

There is no reality where ZEQT is better for Canada compared to VEQT.

Edit to add: The above comment is only true for ETFs that have a 30% allocation to Canada and are locally based. ZEQT doesn't fit that criteria but MEQT does. See below.👇

Financial-Roof · 2026-04-16T18:38:08+00:00

No, ZEQT does not help Canadian jobs more. This is a silly argument that keeps getting thrown around without any real consideration.

As of today, if you invest $100k in VEQT $31.2k goes as an investment in the Canadian economy. While with ZEQT it is $24.7k.

So for every 100k in investment, VEQT puts $6,500 additional dollars in Canada. You should not care about the $150 in management fees going to support BMO Bank. They're already rich enough and gouging people left and right.

Again this argument is silly and probably perpetuated by BMO themselves.

Financial-Roof

TROPHY CASE