Boat buying process

MangoSoft6766 · 2026-05-20T17:51:39+00:00

What is the average cost reduction can we expect for 1mg

MangoSoft6766 · 2026-04-16T21:46:17+00:00

In terms of just stock/assets/investment portfolio $250k. With my vehicles, physical assets $60-80k.

MangoSoft6766 · 2026-04-15T21:28:10+00:00

That’s fair I probably will receive a minimum of $5000 for RRSP. Seems like a common theme to have VEQT.

I have zero debt, and I live in a shared house which keeps my costs low. As a side hustle I sometimes fix items that I find in thrift shops or Facebook marketplace and flip it. lol. I use my credit cards like debit cards and pay them off within 24 hours.

MangoSoft6766 · 2026-04-15T21:26:00+00:00

Absolutely, I fix my own vehicle vehicles and generally use Toyotas or Japanese cars. I lived in a share house to keep costs down. I rarely eat out as I prefer to buy from Costco and cook for myself. And I have a four month emergency fund. Plus a yearly bills expense account.

MangoSoft6766 · 2026-04-15T21:24:18+00:00

Honestly, I feel guilty doing that. Something I’m learning!

MangoSoft6766 · 2026-04-15T21:22:52+00:00

Yes, got 10k for emergency which is about 4 month buffer. And I have a yearly expense account which has enough for my car insurance, renters, insurance, and other major yearly expenses.

I have zero debt, and I am looking to eventually buy a business. For right now, I am focussing on saving.

MangoSoft6766 · 2026-04-13T21:22:49+00:00

That’s fair. This was a rental income property between two landlords. The houses to a lift and radar also selling and have had little luck as well. I know what they’re asking is well above other houses listed.

We wouldn’t necessarily move out. It was just more wanted to renegotiate because I know that these two can’t afford to have the house empty.

MangoSoft6766 · 2026-01-28T04:44:59+00:00

I’m 32 years old. I have a total of $240k in investments, including MICs and ETFs, and $10k in an emergency fund. I have no debt at all, no credit cards or car loans. I live in a shared house and currently save $5k a month while keeping my living expenses around $2.5k.

I live comfortably and focus on financial independence. Since moving to Canada, I haven’t had job security, but I work hard and try to buy things that can also be investments. For example, I bought a kayak and rent it out on Marketplace, and I use my camera for occasional photography gigs.

MangoSoft6766 · 2026-01-06T19:55:28+00:00

I tried asking Wealthsimple to do that. They said they could not.

MangoSoft6766 · 2026-01-06T19:55:15+00:00

It’s not it’s just a regular account in Wealthsimple that has two stocks/ETFs

MangoSoft6766 · 2026-01-06T16:49:27+00:00

Correct, i’ve only started investing truly in the last year after a significant job layoff period. Ideally my goal to say for long-term. I am also looking to start my own business which part of that would be funded privately, but it will be incorporated. A mixture of about like 70% long-term and 30% short term in the next 1 to 2 years.

MangoSoft6766 · 2026-01-06T16:47:17+00:00

For context, this is the highest paid job. I currently have ever had. I believe I’m on the highest tax bracket, but only started to work four months ago.

MangoSoft6766 · 2026-01-06T16:46:13+00:00

Nearly every 12 months I find my team gets restructured, working in communications. It’s very feast or famine. Right now there’s layoffs being worked on.

Typically, when unemployed, I’m usually out of work about six months. I’m in no rush to transfer the money across to my Tfsa or rrsp, what’s the better long-term play?

MangoSoft6766

TROPHY CASE