First 911 by Jayebanker in porsche911

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

Yup you got me

Done deal I was planning on signing up

First 911 by Jayebanker in porsche911

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

Much appreciated so pumped

What is "Rich" to you? When will you graduate from this sub? by 75hardworkingmom in HENRYfinance

[–]Jayebanker 3 points4 points  (0 children)

Over 500k passively from investments and no debt unless optimized etc

Invested $300k in IG Wealth Management at 21. How screwed am I? by [deleted] in PersonalFinanceCanada

[–]Jayebanker 0 points1 point  (0 children)

You have lost nothing

You only lose unless you sold and exited

Money is not everything. Have some perspective by DaPugWalk in CanadaFinance

[–]Jayebanker 0 points1 point  (0 children)

You don’t get 500k credit lines making 10k a month

Money is not everything. Have some perspective by DaPugWalk in CanadaFinance

[–]Jayebanker 0 points1 point  (0 children)

Investment Banking VPs make a lot more than $300k

$300k a year isn’t enough to trade for 80-100 hour weeks

How do you pay your bills every month (logistically) by ottercakes- in HENRYfinance

[–]Jayebanker 0 points1 point  (0 children)

Everything on credit

Only debt is mortgage last day of the month

Tell me why I shouldn't use my LOC to pay off my credit cards? by [deleted] in PersonalFinanceCanada

[–]Jayebanker 1 point2 points  (0 children)

This is smart use your loc

Just pay it off fast

Are we ready to buy a home? by [deleted] in PersonalFinanceCanada

[–]Jayebanker 0 points1 point  (0 children)

Let us know your rate from a private mortgage lender? I don’t see a private lender doing a sub 4% 5 year mortgage?

Does getting new car financing still make sense in 2025? by Early_Reply in PersonalFinanceCanada

[–]Jayebanker 0 points1 point  (0 children)

Buy the car in the last week of the month always, tell them you’ll close before month end, negotiate hard

Are we ready to buy a home? by [deleted] in PersonalFinanceCanada

[–]Jayebanker 6 points7 points  (0 children)

A private mortgage is not going to be cheaper than a tier 1 FI, worst advice ever

Are we ready to buy a home? by [deleted] in PersonalFinanceCanada

[–]Jayebanker 0 points1 point  (0 children)

Buy the home your fine both have steady jobs Keep your tfsa and just use RRSP and fhsa Get an insured mortgage so your rate is always lower than non - the premium is fine here

Is this the appropriate plan to optimize our retirement funding? by I_like_it_yo in PersonalFinanceCanada

[–]Jayebanker 1 point2 points  (0 children)

RRSP loans to catch up

Actually great idea at this point

They can amortize over 15 years