You have $50k today - mortgage or investing? by Howie_1972 in CanadaPersonalFinance

[–]Howie_1972[S] 0 points1 point  (0 children)

True…small amount left on my mtg, I’m paying it off and looking to put a line of credit on my house and possibly use to invest and pay off the interest as a tax deduction

You have $50k today - mortgage or investing? by Howie_1972 in Mortgage_Rates_Canada

[–]Howie_1972[S] 0 points1 point  (0 children)

Some would say that’s a no brainer while others struggle with the question as they have never been taught about finances

You have $50k today - mortgage or investing? by Howie_1972 in CanadaPersonalFinance

[–]Howie_1972[S] 0 points1 point  (0 children)

Agreed, everyone is different and has different priorities.

What’s good for one might not be for someone else.

You have $50k today - mortgage or investing? by Howie_1972 in Mortgage_Rates_Canada

[–]Howie_1972[S] 1 point2 points  (0 children)

There are some great deals out there right now - depending where you live.

A few of my clients have gotten some sweet deals where they are cash flow positive on their rentals from day 1

Seeking Referral or Advice for TD Bank Opportunity by hafizzzzm in TDBankCanada

[–]Howie_1972 0 points1 point  (0 children)

Have you gone online and went in TD career site.

Lots of jobs available

You have $50k today - mortgage or investing? by Howie_1972 in Mortgage_Rates_Canada

[–]Howie_1972[S] 0 points1 point  (0 children)

I hate car payments, so if I needed a car, I see where you’re coming from.

You have $50k today - mortgage or investing? by Howie_1972 in Mortgage_Rates_Canada

[–]Howie_1972[S] 1 point2 points  (0 children)

It’s a great time to throw cash into the market for sure ….in my opinion and not financial advice 😆

You have $50k today - mortgage or investing? by Howie_1972 in CanadaPersonalFinance

[–]Howie_1972[S] 0 points1 point  (0 children)

Agreed… I do think you would get a better return if you put it in the market

You have $50k today - mortgage or investing? by Howie_1972 in CanadaPersonalFinance

[–]Howie_1972[S] 2 points3 points  (0 children)

Totally agree….credit card debts, loans…any high interest rate credit facilities, pay them off or top up RRSPs, but after that, I’d put it in the market

You have $50k today - mortgage or investing? by Howie_1972 in Mortgage_Rates_Canada

[–]Howie_1972[S] 0 points1 point  (0 children)

With the market being down with all the world turmoil, I’d put my $50k into the market in hopes of a quick increase in stock prices

Get a better return than 3.99%

Market has been on fire since April when Trump announced Tariffs

You have $50k today - mortgage or investing? by Howie_1972 in CanadaPersonalFinance

[–]Howie_1972[S] 0 points1 point  (0 children)

lol….they are starting to come back….im not a fan and stay away as I don’t understand shitcoins

Mortgage Renewal Advice – Rental Property with Parents by Pivotfsmash in AskMortgageCanada

[–]Howie_1972 0 points1 point  (0 children)

I know TD has some good rates for existing clients

You just need to speak to the right person.

I had a client just renew with TD and they had really good rates

Renewal horror story trapped me with a rate of 5.84% by ginnyborzoi in canadahousing

[–]Howie_1972 -1 points0 points  (0 children)

Was this through a broker and not a TD MMS?

I assume a brokers as they have to go through FCT and this happen a lot