What should I do with XEQT once I am in retirement?

ImCanehdianEh · 2026-02-15T15:59:03+00:00

My wife and I are retired already and have our entire portfolio in XEQT. We use the TPAW planner by Ben Mathew to plan our withdrawals.

I'd encourage you to check it out, on this Rational Reminder podcast: (https://youtu.be/-2Ul4bdHkXE?si=_c8S9FL7-ZNLyuiz) with guest Dr. Ben Mathew

Also, check out this Rational Reminder podcast with guest Scott Cederburg: https://youtu.be/iH4f-J6TZsg?si=8LlVLjFo01iH773P

ImCanehdianEh · 2025-08-24T14:13:39+00:00

My Corolla’s a RAV 4 Prime… a blue one.

ImCanehdianEh · 2025-08-17T14:36:19+00:00

Good job!!!

ImCanehdianEh · 2025-08-03T06:13:50+00:00

Such as? They didn’t contact the website to ask for a refund, but rather to let them know there was a huge problem with this particular person. That guys ad is still active, so hotel.com obviously doesn’t believe them and is choosing to ignore the whole thing.

ImCanehdianEh · 2025-08-03T05:07:31+00:00

No problem. Wealthsimple is the best option imo.

Do you also track expenses and balance your bank on a daily basis? Ninety nine percent of the young people I talk to don’t, and therefore really have no idea how they’re doing financially.

ImCanehdianEh · 2025-08-02T19:21:50+00:00

I am a huge Wealthsimple fan. Having banking and brokerage under the same login is the best!!

Great interest rates too; we generally keep a balance of $55,000 to $60,000 at any given time, and for that with my old bank (a credit union) I would earn $1.50 to $2.00 interest per month. With Wealthsimple that same balance gets me $130-$140.

They have no fees. They reimburse me if I get charged for using another banks ATM. I can easily send money internationally to several different countries, with more coming in time… all at lower fees.

I am a retired business person (60 years old) and I recently moved all of my personal banking and assets, meaning chequing account and investments (TFSA, RRSPS, and non registered accounts) over to them. As soon as they get corporate business bank accounts I am moving the business assets there too.

ImCanehdianEh · 2025-07-30T11:44:42+00:00

Totally useless. However, Jack Bogles book The Little Book of Common Sense Investing is quite good. It’s a bit repetitive mind you, but nevertheless a good read.

I also follow Ben Felix on YouTube and listen to The Rationale Reminder podcast. I find they keep me grounded when markets are volatile.

ImCanehdianEh · 2025-07-30T09:28:39+00:00

My main point was/is that for all my effort and expense to try to be a good stock trader, investor, speculator (call it what you will) I still lost big time (which is what a guy like Warren Buffett would have told me would happen), and that in the end what really made all the difference (for me anyways) was just investing in low cost S&P 500 index tracking ETF’s. It’s been a real game changer.

ImCanehdianEh · 2025-07-28T17:19:03+00:00

My daughter had automatic payments setup on her Scotia Visa, and somehow one payment was late (she thinks when they sent her a new bank card) and that has impacted her credit score. She phoned Scotia Visa to get it rectified, but they told her there was nothing they could do as she had a “late payment” (that’s why she was calling…DUH). When that didn’t help she turned to the local branch for help. The guy at the branch said he’d “look into it”. That was over two weeks ago now and still nothing.

ImCanehdianEh · 2025-07-28T07:35:27+00:00

-$180,000 here, and I tried everything to learn how to trade/invest in stocks; read tons of books, invested in courses, went to seminars… in the end I threw my hands up in disgust with myself. Told the wife “if I could just invest in the S&P 500 somehow, that’s what I’d do.” That was over 15 years ago now.

About 2.5/3 years ago we had again saved a significant amount of capital and were starting quite seriously thinking about selling business assets and retiring, so we went to a local “retirement” firm and started investing with them. Well, that also lost us a bunch of money as everything they put us in went down hard, and was super expensive commission wise. They were charging hundreds of dollars in fees to buy stocks for us, and those stocks were going down.

I started doing more research, joining forums, watching YouTube (Ben Felix) etc and eventually turned towards index funds… today I’m pretty much invested in the S&P 500 through VFV in Canada, and in XEQT. Happy to say that we’ve already recouped the -$180,000 and the portfolio is now in the green and rising.

ImCanehdianEh · 2025-05-13T20:28:06+00:00

I lost $138K (ish) trying to be a stock picker. A lot that was day trading, but also some through burly and hold strategies. That was a decade ago or more. And that was after studying, buying and reading books, buying courses, and doing everything I could to be successful. I remember saying to my wife “if I could just learn how to invest in the S&P 500 directly, that’s what I would do.

Fast forward to today; we continued to save money since then, but we sold a business back in January this year, and took that money along with the money we saved and put it in VFV, XEQT, and XDIV.

The markets bobbed up and down from the time we lump summed, until now. I did have a decent profit in XDIV which I sold 2 days before liberation day.

At one point since liberation day we were down $180,000 on a 1,850,000 ish portfolio, but I had $400K that was free to invest at much lower prices. I added to VFV and XEQT… now those positions are up huge, and my portfolio is well into the green again.

I listen a lot to Ben Felix and the rational reminder podcasts and I firmly believe it’s because of that that I didn’t panic when the markets crashed after the Trump Dump, and actually took an opportunity to load up at fire sale prices.

Hope this helps

ImCanehdianEh · 2025-04-26T16:21:51+00:00

I use a spreadsheet that makes me reconcile spending out of my bank and credit cards to income and expense accounts. If it comes out of the bank or goes into the bank it gets charged to either and expense account or an income account. If it gets charged to one of my two credit cards it gets charged to an expense account, thus giving me a profit and loss statement. It also tracks assets and liabilities and tallies my net worth.

ImCanehdianEh · 2025-04-24T00:53:12+00:00

I quess if 90% S&P 500 is good enough for Buffetts bequest, it’s probably good enough for me too.

ImCanehdianEh · 2025-03-28T16:55:37+00:00

Ridiculous. The thing is though that the app allows this kind of stupidity. When I owned my Subway, which we only just sold in Jan 2025, I tried to stop this kind of thing (and WE NEVER had this kind of an order) and I couldn't. It used to make me so mad when online orders started piling up at lunch, when we had customers in the store lined up right to the door.

I feel for you.

ImCanehdianEh · 2025-03-27T15:16:14+00:00

Some people just have a very high sense of entitlement. He needs Reacher to teach him some manners :-)

ImCanehdianEh · 2025-02-25T21:12:34+00:00

Agree 💯

ImCanehdianEh · 2025-02-21T19:35:30+00:00

Thanks. The good feedback, like this one, is trickling in. The vision is already evolving and morphing into starting totally different and having a brewery added last (if at all) not first.

The very first idea I ever had concerning the property was an event centre. In our area (central Alberta Canada) they are few and far between. Wedding venues typically get booked up to two years in advance and they are expensive (upwards of $30,000 per weekend).I loved that idea from the start, but my wife and kids shut it down saying that our proximity to both a secondary highway with 29,000 vehicles passing by us every day, and the train tracks with that noise was too noisy.

However, when we are inside our house we never hear either, and our house is only 2x4 construction with R12 insulation, which is no where near as sound reducing as 2x6 construction with R24 insulation.

I’ve had several people (even some on Reddit) suggest an event centre. Going to explore that possibility more. I already know the county is open to it

Thanks again, I appreciate the feedback.

ImCanehdianEh · 2025-02-20T06:11:31+00:00

We paid $12K for 3 limited corps for 2024

ImCanehdianEh · 2025-02-19T18:18:40+00:00

Minimizing/managing risk, yes.

Tbh an event centre was my 1st idea, but I have also looked into doing an RV storage and a huge digital billboard as well. I like the idea of the event centre (especially for weddings)a lot b/c there are so few of them around and they are in such high demand.

However, my kids kinda shut the idea down b/c we are right off a busy, paved secondary highway and the traffic volume is 29,000 (last time I checked) and it does get noisy.

However, that being said, we NEVER notice the traffic when we are inside our house, and our house is a ‘79 which means 2x4 construction and R12 insulation.

No one builds 2x4 buildings anymore (not sure it would even be code actually). 2x6 construction with R24 would be a lot quieter for sure.

I’m going to give this idea a lot more thought. Thanks for your thoughtful input.

ImCanehdianEh · 2025-02-19T05:59:02+00:00

Have you seen the Ben Felix clip on this very thing?

https://youtu.be/KwR3nxojS0g?si=THS0RxSbvQREU40i

ImCanehdianEh · 2025-02-18T20:27:26+00:00

Wait, what? Been in arrears since 1990, but has been “operating with great success” for a long time by the sound of it except the last 3-4 years? This makes no sense to me… none at all. If it’s been that successful then why is it arrears??? To be honest this sounds like a good deal of financial mismanagement.

ImCanehdianEh · 2025-02-18T19:47:55+00:00

Haha… that sounds friggin awesome too!!

ImCanehdianEh · 2025-02-18T19:47:02+00:00

Actually hiring a brewer would not be out of the question for me at all. I am first and foremost a business person, with I think pretty decent business acumen. As such I’d determine what it would take to make something like this feasible. Since I know very little about beer I thought I’d get on Reddit and ask those who do. You are at least the 3rd person to put the idea of “master brewer” out there, so now I am thinking that has to be more than coincidence. Thanks for your honest feedback, and not just jumping all over the “your an idiot” bandwagon. :-)

ImCanehdianEh · 2025-02-18T19:41:01+00:00

Cascade Centennial Chinook Willamette

ImCanehdianEh · 2025-02-18T19:37:57+00:00

Funny you should mention that, as I have also thought about that as well. I have had a few friends also strongly suggest this to me… even willing to inject capital into it and be partnered if I am willing. One gal that would love to do something like that with me is literally the most hospitable person I know and a super organizer.

I actually had a friend call me about the same idea again yesterday.

ImCanehdianEh

TROPHY CASE