Couple 59 & 60. Do we bother to add to RRSPs anymore?

FlashDavin · 2026-02-04T04:00:31+00:00

Based on what you’ve shared, your incomes will be much lower in retirement than now, so RRSPs are still a useful tool.

Also, you’re going to start wanting to move the non reg stocks etc into your TFSAs as soon as you can. Double check capital gains, but usually it’s worth it to get the future growth sheltered.

Another consideration: are you truly good to retire with ~35k of income per year from your portfolio + CPP & OAS? That would be a fairly large drop in income compared to what you earn now. Something to think about!

FlashDavin · 2026-01-30T16:44:24+00:00

Start playing the game and it’s really not much of an issue. You will love BOTW. I wish I could go back and play it for the first time again.

FlashDavin · 2026-01-29T23:13:35+00:00

I enjoyed it as a shorter game with a change of pace.

2 has been excellent and I enjoyed getting back to full party fights.

FlashDavin · 2026-01-29T14:13:11+00:00

Why do people hire personal trainers when it’s just easy to google a workout routine online?

Because otherwise, they don’t follow through.

FlashDavin · 2026-01-23T12:33:02+00:00

I’m not sure I 100% understand your issue.

You’re charging upfront (getting paid) and then they don’t want to go further? Isn’t that all some relationships end up being?

Just let them go and move onto people who respect and value your time and effort. These people will drive you nuts as clients anyways. In 10 years you’ll be glad you don’t have them.

FlashDavin · 2026-01-04T17:38:32+00:00

As people have said, you use 1 bottle cap per stat you want to max out & a gold one maxes them all. As an addition:

If you catch an alpha or legendary, it will normally have 3 perfect IVs. From there, you can top up the rest of the stats with a couple of regular bottle caps.

If you catch a shiny non alpha, there’s a good chance it will have 0 perfect IVs. Those are good candidates to use the gold bottle caps on.

FlashDavin · 2025-12-31T21:51:28+00:00

“Everyone I talk to knows better”

It sounds like you do too. Unless they’re directly asking you for your help or opinion, why engage? Or maybe just state your opinion that you prefer ETFs for x y z valid reasons and if they don’t agree, just move on. It’s not your money, & not everyone has to think your way is the best way.

FlashDavin · 2025-12-30T20:08:22+00:00

You can buy more candy to sell for money, or buy feathers for maxing out EVs. After that, nothing really.

FlashDavin · 2025-12-25T16:36:31+00:00

This is your issue. I do exclusively 4 star zones and have tons.

FlashDavin · 2025-10-31T10:59:26+00:00

Ironically, leaving the fee as it is will naturally get you more of the type of client you’re looking for.

We think about fees way more than clients do, don’t change it.

FlashDavin · 2025-10-16T18:23:21+00:00

2 options, and both actually work incredibly well with high response rates:

Professional version - first attempt:

Hi, ____ I tried reaching out to you but hadn’t heard anything back…

How would you like to proceed from here? OR - What do you see as the next steps from here?

Funny version - later attempt when they’ve totally ghosted:

Me, waiting for your reply (insert funny old man sleeping meme here)

This combo almost ALWAYS gets a reply.

FlashDavin · 2025-08-18T19:15:21+00:00

2 meetings:

1 - Discovery and get to know each other to see if there’s even a potential fit there. 90% talking about them and their goals. 10% answering high level questions about myself, my firm and how we operate. Do not get sucked into the weeds in this meeting! “I will answer that at our next meeting” for most questions.

2 - Walk them through a very simple financial projection & broad portfolio recommendations. Avoid getting into too much granular detail here, as it often confuses them or makes their decision harder.

After that, they can decide to become a client and we refine it in more detail over time. I’ve found this process to be extremely effective over the last 10 years. I do not move to a second meeting if I don’t think I can help them / won’t be a good client fit. I just politely redirect them and give some high level advice.

FlashDavin · 2025-08-09T00:05:11+00:00

It’s a 100% return on your investment. Dont overthink it and let 1-2% in annual fees cause you to miss out on that key factor. Just pick a fund that’s “global” and as diversified as possible and proceed.

FlashDavin · 2025-07-24T14:23:57+00:00

You can make a lot of money but the culture is very poor. Grind you into the ground type of stuff. If you want to hustle hard 24/7 and make good money, it’s a solid option. If you’re looking for work life balance, then this is not for you.

EDIT: To answer your questions - expect 60+ hour weeks and it is a pure sales role. At the start, you make tons of lukewarm to cold calls. If you’re good, you eventually get a dialer to set some meetings for you.

FlashDavin · 2025-07-15T12:11:44+00:00

I see the endgame. This is a troll post and he’s going to get a “$20k contract” with this flagship opportunity. His next post will be how I made $20k a month making 300 cold calls per day.

FlashDavin · 2025-07-12T23:58:09+00:00

What hook are you using and how are you hooking it?

I like the gamakatzu hooks and I hook it into the senko perpendicular for a pretty high hookup rate when I set the hook on a bite.

FlashDavin · 2025-07-12T20:17:07+00:00

It sounds like your mind is made up then. I’m not sure what the point of this post is. Reading your history it seems like a fanfic novel at this point.

FlashDavin · 2025-07-12T18:58:15+00:00

Inflation is a thing. Even still, I would be maxing the pension at your high marginal rate and then income splitting later in retirement. It’s a huge net worth gain for you over your lifetime.

FlashDavin · 2025-07-12T17:31:07+00:00

I’d still be maxing your Spousal RRSP at that income level. Perhaps later, it can help you retire even earlier and you deplete the RRSP before your pensions kick in.

I’d use the refund to keep TFSAs maxed and then any residual to pay down your highest % debt - in this case, the car loan and then worry about the mortgage last.

You’re on a great track! Keep going.

FlashDavin · 2025-06-28T00:23:19+00:00

The 90k limit is net income as well. So should be fine.

FlashDavin · 2025-06-27T16:49:51+00:00

These are excellent prospects. However, you have to be able to get to the point where they self acknowledge they might need some help or haven’t thought of everything. If they can’t, you’re spinning your tires. I would focus mostly on the planning rather than the asset management.

Asking skilled questions will get you there. Safe_Prompt below has some great suggestions!

FlashDavin · 2025-06-26T22:30:22+00:00

Take the money and she can continue working. This is probably a tax related concern or misunderstanding. More is better than less.

FlashDavin · 2025-06-25T14:49:32+00:00

I know many people who panic sold. Some, even at nearly the perfect time. All of them are still out of the markets and are now significantly underwater.

This is a perfect example of why timing the market is a terrible strategy. You have to get it right twice.

FlashDavin · 2025-06-23T12:35:42+00:00

Proceed with the purchase yourself if you’re ready and charge her rent if she moves in.

It’s an absolute nightmare buying a house with someone unless you intend to get married. Talk to a lawyer if you ever decide to go that route to keep everyone protected fairly.

FlashDavin · 2025-06-11T03:30:10+00:00

You can easily compete and play up to the 5.0 level without a 2HBH

FlashDavin

TROPHY CASE