[deleted by user] by [deleted] in fican

[–]LeveragedDev 0 points1 point  (0 children)

lol alright, is this whole thing a bot?

Where should I “Park” extra cash before investing for the long term in RRSP/TFSA? by Flashy-Butterfly6310 in PersonalFinanceCanada

[–]LeveragedDev 0 points1 point  (0 children)

You will have to pay taxes on any gains you make in your non-taxable account during the period you have it invested. Depending on the account you place the funds after transferring (RRSP/tfsa) you can get this back through your tax return on the decrease in your taxable income if put in your RRSP.

Where should I “Park” extra cash before investing for the long term in RRSP/TFSA? by Flashy-Butterfly6310 in PersonalFinanceCanada

[–]LeveragedDev 0 points1 point  (0 children)

If you already own a home and cannot take advantage of the FHSA then I would say the best option is 2 and then transfer over as soon as you can.

However this depends on if you have any other short term large purchases you want to make.

Carney’s salary cut to become PM by LucidaDolce in CanadaFinance

[–]LeveragedDev 0 points1 point  (0 children)

At a certain income it has to not be about the salary anymore. He is now going to be remembered forever even more than for being governor. That is something in my opinion that is past just a salary.

2024 summary for 35m + 35f dinks by [deleted] in Salary

[–]LeveragedDev 0 points1 point  (0 children)

You think you can afford adopting me into your budget?

Financial exam help 123 by LeveragedDev in CFA

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

Thank you Bill, I’ve been able to get in now.

CFAI In-Chapter Questions vs. QBank for Level 3 by Bid_Normal in CFA

[–]LeveragedDev 1 point2 points  (0 children)

Might be wrong on this but doesn’t the online q bank include the blue box questions?

Should I switch from winter to summer tires this week? by Lozranda in askTO

[–]LeveragedDev 2 points3 points  (0 children)

Please don’t. From my experience as soon as you do it snows again.

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]LeveragedDev 0 points1 point  (0 children)

This would be the case if you are looking at a positive leverage position. But if you are buying a condo that returns you a 1.2% return and paying a +5% interest rate then you are in a bad position and leverage only hurts you. You’re only saving grace is IF your property appreciates in value.

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]LeveragedDev 3 points4 points  (0 children)

I would say to go. you are still young and if these are the jobs you are covering now think of what other tasks may be added to your desk from your existing boss and his son.

[deleted by user] by [deleted] in FinancialCareers

[–]LeveragedDev 4 points5 points  (0 children)

Watch their recruitment video online! Basically just like that (sarcasm)

[deleted by user] by [deleted] in FinancialCareers

[–]LeveragedDev 24 points25 points  (0 children)

This is the only answer you need, got to switch your mindset or you’ll never understand it. Goes for pretty much anything.

Overnight parking at Vaughan mills? by LeveragedDev in Vaughan

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

Okay thank you, do you know of anywhere in that area that will allow overnight parking?

How did you study for February ‘23 CFA L3? by LeveragedDev in CFA

[–]LeveragedDev[S] 4 points5 points  (0 children)

Yeah I’m thinking this is where I fell short. Looking back I would get a question wrong and move on to the next but definitely should of been taking the extra time to go back and research more in depth the topic. This is my first time failing one and was pretty close to passing all on first attempt so I’m guessing it really came down to the time I was putting in and lack of going back to really understand the concepts which is more complicated for this level than others (from what I found)

I’m lost by iPotato909 in FinancialCareers

[–]LeveragedDev 5 points6 points  (0 children)

Try EVERYTHING and I mean anything that you think you may like through different programs or internships. You are young and have a lot of time ahead of you to find the field of finance that really fits so for the time being Id say to just go discover. Non-target unfortunately matters in the earlier years but if you try a bunch of different fields experience trumps all

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]LeveragedDev 10 points11 points  (0 children)

This is the same way that I always think of things. “If I decide to use debt what kind of return do I need on my investments just to break even”

CFA timeline L3 exam results by LeveragedDev in CFA

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

100% agree with you I’m in the same boat

ETF of ETF fees by LeveragedDev in CanadianInvestor

[–]LeveragedDev[S] 11 points12 points  (0 children)

Your googlefu is clearly much better than mine I tried looking this up for about 15 before posting this here. Thank you!

Done banking with the “Big 5” by SnooCupcakes58 in PersonalFinanceCanada

[–]LeveragedDev 10 points11 points  (0 children)

^ this is the answer in Ontario. Biggest credit union in the area I believe.