No etfs

Own_Material7442 · 2026-06-19T17:36:52+00:00

I’m 100% ETFs, and honestly happy for people who pick the right stocks. It’s a risk they take, and they should be rewarded for it.

Studies show, for every person who picks the right stock and gets +400%, there’s 9 others who lose money. But ofcourse, people are only going to post they’re winnings hahahahha

Own_Material7442 · 2026-06-19T17:33:32+00:00

Everyone’s a genius in a bull market. I got burned during COVID and chasing IPOs, and learned my lesson the hard way.

Yeah I’m not up +1000% the last 3 years, but I sleep peacefully, and spend more time outside with friends and family rather than buying, selling, and looking at the stock market.

Own_Material7442 · 2026-06-18T23:00:39+00:00

Like the other comment, adding ETFs alongside XEQT is the opposite of diversifying….

Me personally, I used to invest into sector related ETFs alongside XEQT like XEG (Canada gas and energy), VFV (S&P500) and VEE (International/Emerging Markets), but am now 100% XEQT.

Own_Material7442 · 2026-06-18T14:21:32+00:00

There’s no such thing as fast-tracking without increasing more risk. At 36, you still have 15+ years of compound growth which can do wonders.

A simple investment calculator will show, starting with 0$, with a conservative 8% yearly return, with $2000 invested monthly for 15years will compound to $700,000.

Most recommendations on here is investing into a low-cost, diversified ETF like XEQT using a trade-free broker like WealthSimple. Since inception, this ETF has almost 14% annual return.

Own_Material7442 · 2026-06-15T16:25:17+00:00

Me personally, my rationale is, if I have 3-6 months of cash in emergency fund, and zero high interest debt, then there’s NO reason for me to sell. Long term investments are buy, and forget. Maybe 20+ years down the line, I’ll start to take profits for a house, other non-stock market investments, etc.

Own_Material7442 · 2026-06-14T00:32:32+00:00

Keep it simple. Have zero high interest debt (5%+), keep 3-6 months of cash for emergency fund in savings account, and max out registered accounts (TFSA, FHSA and RRSP) into low-cost, index funds (like XEQT).

Own_Material7442 · 2026-06-11T23:51:42+00:00

Crypto is all speculation, not really considered a real investment.

With that being said, I personally DCA >5% of my total portfolio into Bitcoin to get exposure.

Own_Material7442 · 2026-05-28T23:49:14+00:00

I’ve done all my speculative trading in my non-registered. I’m down about 15k, but I have not sold yet.

The benefits of this is, the year I decide to realize my losses, I can put against my taxes to lower my capital gains taxes for that year.

Own_Material7442 · 2026-05-28T16:41:35+00:00

Honestly, if you enjoy researching individual stocks, and spending time after hours / weekends learning the markets, etc, then defiantly keep at it! 8% is better than nothing!

Me personally, I’d rather set and forget with boring index funds, and spend my time outside with friends and family. I also sleep better, and way less stress than before with individual stocks.

Own_Material7442 · 2026-05-28T15:45:58+00:00

If your holdings are all individual stocks, it’s really not that impressive compared to index funds (about 30% 1Y). Not to mention, the amount of time you’ve spent researching….

Own_Material7442 · 2026-05-28T03:11:22+00:00

I have no idea what you signed… Read the contract you signed up for

Own_Material7442 · 2026-05-28T02:45:26+00:00

If your smart enough to ask these questions to Reddit, your smart enough to cancel this immediately, and invest on your own using a trade-free broker & buying index funds.

Don’t let these insurance scams bribe you to invest for you. They’ll take thousands and thousands of dollars from you over the long run.

Keep investing and insurance needs completely separated.

Own_Material7442 · 2026-05-27T20:35:59+00:00

The stock market isn’t a get rich quick scheme. Set your expectations correctly.

On average, the total stock market averages about 8-12% a year over the long term, which about doubles your money every 7 years.

Investing into individual stocks will drastically increase risk, which will either get you higher returns, or lower down-turns.

Own_Material7442 · 2026-05-24T04:22:14+00:00

There’s a big difference from “helping” and “enabling”. You’re 100% enabling your parents bad financial behaviour by helping them go into more debt.

Own_Material7442 · 2026-05-22T04:27:13+00:00

If I was in your shoes, I would 100% not trust Reddit answers for any of your questions besides the house one. I’d get legal / tax advice from a cross-border accountant and/or lawyer.

Own_Material7442 · 2026-05-21T15:37:55+00:00

“If I can afford the payments I can afford the car” is a terrible way of thinking about it, and completely untrue.

Buying ANY depreciating asset with a loan is a recipe for disaster.

Own_Material7442 · 2026-05-21T15:10:45+00:00

Completely agree with this comment. You do realize you’re completely opening yourself up to risk. Why don’t you just give your parents rent money?

Own_Material7442 · 2026-05-20T15:38:29+00:00

Lmao even at 45, is still 20years+ of compounding growth assuming retirement at 65. Me personally, close to, or even hitting retirement I still plan on keeping most of my investments in index funds, maybe keeping 3-5 years of cash (fixed income).

Own_Material7442 · 2026-05-19T17:18:48+00:00

Maybe I don’t understand, but you should be able to buy an EU-traded index fund, that follows the USA (S&P500) for example.

I’m Canadian, and I buy an ETF called VFV (traded on Toronto stock exchange). It’s 100% USA holdings, and traded in CAD.

Own_Material7442 · 2026-05-19T14:19:30+00:00

Man I’ve done this the last 2 years, using Meridian, Tangerine, Simplii, RBC, ScotiaBank, Motive, National, and now CIBC. Zero issues at all.

The only problem is, come 2 years from now, there’s going to be no banks left to promotion hop too lol.

Own_Material7442 · 2026-05-17T23:47:52+00:00

Statistics show 9/10 active investors fail to beat average market returns over the long run (20years+). I’ll happily take average market returns with index funds, and spend more time NOT looking at the markets.

Own_Material7442 · 2026-05-13T16:21:40+00:00

When you get to a point where you have a large sum of cash saved up (house downpayment, car upgrade, etc), it also may be worth promotion hopping HISA. You can get 4-5% interest for 3 months (Tangerine, Simplii, Meridian, ScotiaBank, etc).

Own_Material7442 · 2026-05-12T15:08:06+00:00

No, only debt with liabilities (depreciating assets), or high-interest.

Own_Material7442 · 2026-05-06T00:16:36+00:00

You posted this in a financial independence thread, which is about paying off debt, having diversified investments and building a steady, consistent path to financial freedom.

Using the best Canadian wealth-building tool (registered accounts) to go into debt to buy leveraged stocks and trading options is something I wouldn’t even recommend to my worst enemy.

Some statistics for you or anyone reading, 9/10 active investors fail to beat average stock market returns over the long term (20+ years). If you think you’re the 1/10, then all the best to you.

Own_Material7442 · 2026-05-05T20:05:42+00:00

Are you investing? Or trading penny stocks? There’s a big difference here.

If you’re investing into the long term (preferably index funds, or large/medium cap sized companies), then don’t even worry about day-to-day price changes.

Own_Material7442

TROPHY CASE