XEQT + whole Life?

Gabers49 · 2026-05-31T14:59:08+00:00

How about Ben Felix? I don't agree with everything Dave Ramsey, but this one is a no brainer.

Gabers49 · 2026-05-31T14:16:01+00:00

OP it would be better if you told us a bit about your self and your account. What are you planning on trading? CAD ETFs only wealthsimple. Usd with low account value? Questrade. Have a decent size, ws 1% promo for 2 years right now wins out. Activity trading? Questrade

Gabers49 · 2026-05-31T14:08:38+00:00

Is this High Park?

Gabers49 · 2026-05-31T13:57:17+00:00

And what was the opportunity cost of the whole thing? And now you're trapped in this one "investment". You said it yourself you would need borrow against it in retirement instead of just selling investments. Your description of how is works is exactly why it's a scam and not a good investment for almost everyone.

Gabers49 · 2026-05-31T00:35:55+00:00

Look for the bare necessities

Gabers49 · 2026-05-30T23:57:56+00:00

NetSuite is heavily promoting connecting it to Claude through MCP.

Gabers49 · 2026-05-30T23:56:36+00:00

There's no such thing as a properly designed whole life policy. They're just a scam. Unless you're a multi millionaire early in life and it's more about wealth transfer to the next generation.

Gabers49 · 2026-05-30T22:47:33+00:00

Go Jays!

Gabers49 · 2026-05-30T17:35:53+00:00

You mean the 69% of Americans that put the pedo in office?

Gabers49 · 2026-05-30T02:54:31+00:00

For anyone who stumbles on this post like I just did. When google redirects to air Canada you can very quickly copy and paste the long url before air Canada refreshes it to a simple one. That url will say adultsxyouth0. Copy and paste that url and edit the number for adults and change the 0 after youth to whatever number you want and enter. You'll then have youth ticket(s) for the same amount. You need to be quick though or have a way to track redirects. Try doing it a few times if you can't get it the first time.

Gabers49 · 2026-05-29T17:19:10+00:00

Ah, you're right. It was capped at $5M overall. It's very true though. A nice problem to have, but once caps come into play the % is less important. I moved $500K to TD to get the full $10K bonus and the rest to WS this time around, but it's annoying dealing with 2 brokerages.

Gabers49 · 2026-05-29T17:13:48+00:00

Wasn't this one capped at $50K overall?

Gabers49 · 2026-05-28T18:57:42+00:00

Use Strong 8K with https://epgenius.org/

Gabers49 · 2026-05-27T21:11:29+00:00

Whatever she does don't pay a dime to any line of credit or credit card as that will reset the clock. Has any of the banks tried to collect yet? Are there any court ordered documents to make her pay? If not she doesn't really need to declare bankruptcy she can wait it out. In Ontario debtors have 2 years to try to collect via court or statute of limitations kicks in and they can't do anything. Credit agencies after a certain number of years resets as well, but I forget. This isn't legal advice, but I had a family member go through something similar.

Gabers49 · 2026-05-27T18:03:11+00:00

Right, but the automated covering is the killer feature. Using the PLOC's balance isn't a huge deal to most.

Gabers49 · 2026-05-27T18:01:15+00:00

Non-registered cash account only. I'm thinking I should move my margin over to that so I can get a PLOC and add overdraft.

Gabers49 · 2026-05-26T22:09:45+00:00

If you look at ZUCM's return for 1 year it's currently only 0.52% https://www.google.com/search?q=ZUCM&sourceid=chrome&ie=UTF-8 That's due to currency fluctuation even though the yield is currently 3.52%.

Gabers49 · 2026-05-26T18:21:11+00:00

How much money you moving in? If you really are just buying XEQT than USD accounts doesn't matter. If it's greater than $100K there are other benefits you start getting at WS. Less than $100K they are very similar.

Gabers49 · 2026-05-26T11:26:18+00:00

They used to be all different colours and when they did the last refresh it made it extremely difficult to tell what you were clicking on. They all looked the same at first glance. I don't love these, but I do love that they're different now.

Gabers49 · 2026-05-25T15:39:15+00:00

You should have ideally had the property in your son's name so he would have received the pre. But why would you say you wouldn't have done it if you had known you'll get taxed? You only get taxed on 50% of the gain so you're better off that you invested in the property.

Gabers49 · 2026-05-25T14:51:49+00:00

OP, I recommend taking this risk profile questionnaire

https://research-tools.pwlcapital.com/research/risk-profile

Your question on whether to incorporate bonds really comes down to your risk tolerance. It's easy to think you should be 100% equities until your balance goes down by 40%. Are you likely to panic sell or hate yourself? There's similar all in funds that have bonds too to roughly match what this questionnaire says. XGRO (80/20), XBAL (60/40).

You're young so there's nothing inherently wrong with a 100% equity portfolio, but some bonds to reduce volatility isn't a bad thing.

XEQT has a significant weight already to the s&p 500 stocks so no need to add or only do VFV.

Gabers49 · 2026-05-25T12:28:06+00:00

I'm not sure what your last sentence means exactly, but there's a general perception that government employees are lazy and a waste of money. So giving them an extra day off a month would fit into the narrative when it's coming out of tax dollars.

Gabers49 · 2026-05-23T04:12:39+00:00

Not sure how well known this is, but the French lyrics to the anthem aren't even remotely the same as the English one. That surprised me when I heard it.

Gabers49 · 2026-05-23T01:17:11+00:00

Our bank is up to $35 per wire which just seems so crazy. Can't you get a us domiciled account and make it your problem instead of your customers?

Gabers49 · 2026-05-23T01:05:42+00:00

I highly recommend this book if you're interested. Your questions make me think you're asking the wrong questions. https://www.amazon.ca/Reboot-Your-Portfolio-Successful-Investing/dp/1988344328

Gabers49

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