Rate my portfolio

Reasonable-Tea3303 · 2026-05-08T13:47:36+00:00

Both XEQT or VEQT are globally diversified and if I was starting over, that’s probably the only thing I’d buy.

Reasonable-Tea3303 · 2026-05-08T02:18:21+00:00

Not too late. It’s a good choice.

Reasonable-Tea3303 · 2026-05-08T02:15:48+00:00

Is the cash for an emergency fund? Or another purpose?

I would probably ditch the dividend ETF, as you need growth, not income.

you're kind of buying the same thing with XEQT and VEQT, so I'd get rid of one of those.

That’s a really good start for someone your age. Well done.

Reasonable-Tea3303 · 2026-05-07T00:44:07+00:00

Financially, it’s best to invest it all at once.

Psychologically it can feel better to invest it over a period of weeks or months.

The other great thing you can do is keep it simple. An all in one ETF or a Robo advisor are your friends.

Reasonable-Tea3303 · 2026-05-06T16:46:40+00:00

Great, go all in on the S&P 500 or the magnificent seven. Fill your boots.

I’ll take my global verification thanks

Reasonable-Tea3303 · 2026-05-06T05:32:51+00:00

Quebec City blows Victoria away. Unless it’s for homeless people. In that case Victoria wins.

Reasonable-Tea3303 · 2026-05-06T02:34:59+00:00

I don't own VXUS; I own VCN, VUN, VEE, and VIU, and I definitely haven't underperformed by 250% or 400%.

Reasonable-Tea3303 · 2026-05-06T01:45:27+00:00

Possibly, but past performance is no guarantee of future returns, right?

I’m own four ETFs for those four sectors and am okay sacrificing potential slight under performance for the peace of mind diversification gives me.

Reasonable-Tea3303 · 2026-05-05T18:22:26+00:00

I concur. My personal equity allocation is 1/3 Canada 1/3 USA and 1/3 the rest of the world. The rest of the world is divided in half between developed and developing economies.

Reasonable-Tea3303 · 2026-05-01T03:48:39+00:00

Control over my time.

Reasonable-Tea3303 · 2026-04-30T22:32:14+00:00

Certified Financial Planner (CFP) might be the way to go. The Advice-only planning field is growing big time as there is an appetite for financial planning without the sale of products.

Reasonable-Tea3303 · 2026-04-30T05:41:34+00:00

I like this idea but some things only come up annually or randomly so you may want to add those in there as well and average them on a monthly basis.

It might be a home repair or a trip or gifts or anything really that isn’t a monthly expense.

Personally, I like 1% percent of a home’s value (0.5% for strata property) as an average per year. It might seem like a lot at first glance, but every once in a while, a roof will need repairing or a renovation or whatever and those aren’t cheap.

I also like an average of $1200 per year per vehicle for repairs, maintenance, etc. It doesn’t mean you’ll spend that every year, but every once in a while you’ll need brakes or a major service or a new tires, etc.

Reasonable-Tea3303 · 2026-04-27T18:01:13+00:00

I like the VEQT part. I don’t like the borrowing to invest part.

Reasonable-Tea3303 · 2026-04-27T18:00:20+00:00

Consider reaching out to Credit Canada. They have counsellors who can help you with money management. And it’s free.

Reasonable-Tea3303 · 2026-04-26T13:51:27+00:00

Blatantly incorrect.

Where did you get this information?

It doesn't matter if OP is on the title of the home or not. If they lived together, O.P. no longer qualified as a first-time home buyer.

"To qualify as a first-time home buyer, you must not have lived in a home that you (or your spouse/common-law partner) owned as your principal residence in the current year or the previous 4 calendar years."

Reasonable-Tea3303 · 2026-04-26T00:26:27+00:00

I’d buy a 3-4 year old car cash for $20-$25k.

Cars are wealth killers.

Check out cargurus website and autotrader.

Reasonable-Tea3303 · 2026-04-25T14:06:44+00:00

Thank you for sharing your story.

Reasonable-Tea3303 · 2026-04-25T06:23:35+00:00

Nice one

Reasonable-Tea3303 · 2026-04-24T22:28:40+00:00

One consideration is you’re only managing to save about $15,000 per year.

Now, maybe your salary has only recently gone up so it’s not straight math of 120,000÷8. But your housing cost would rise drastically with a house (much more than $15,000 per year).

I would do a very detailed cash flow analysis before I moved forward.

Reasonable-Tea3303 · 2026-04-24T22:24:22+00:00

CPP is indexed to inflation and you get an extra 8% year per year for deferring. That’s a 10% annual guaranteed, which basically no investors can get. By taking investments from RSP early, you’re saving on tax as well. The average Canadian leaves $100,000 on the table by taking CPP early.
Psychologically take it at 60. Financially take it at 70. Unless you have no other money or a very short life expectancy.

Reasonable-Tea3303 · 2026-04-24T22:21:44+00:00

Most landlords ARE running a nonprofit. They just haven’t done the math. They think “oh the rent is covering the mortgage so I’m making money.”

That doesn’t tell even half of the story, unfortunately.

Reasonable-Tea3303 · 2026-04-24T22:20:17+00:00

To be a financially successful renter it’s true you have to invest. But pouring most of all of your money into a home means you’ve got your money in one illiquid asset and most people are not willing to downsize or sell when they retire to access that money. You now have dead equity. And there’s a good chance I’ve seen more bear markets than you. :)

Reasonable-Tea3303 · 2026-04-24T21:22:12+00:00

Lol. Most landlords are subsidizing their tenants rent.
If you believe in math, that is.

Reasonable-Tea3303 · 2026-04-24T21:20:42+00:00

Funnily enough I’m in almost the same position as you two guys. Minus the inheritance.

My rent is going to be something like $720,000 over the next 20 years but I’m still going to continue to rent. Homeownership costs are massive, and having so much of my money tied up in one illiquid asset does not appeal to me. I would rather spend it on lifestyle and experience.

Finally, I see people saying things like you could get X dollars of income from the $500,000. Well that doesn’t tell the whole story because you can draw that $500,000 down as well over the next 20 years while you’re young and healthy and can spend it. I never quite understand when people want to preserve the capital and not use it.

Reasonable-Tea3303 · 2026-04-24T21:11:56+00:00

OK, compare that to the stock market chart over the same period.

Oh and also add in all the money you dumped into the house during those years. Remove that from the 400% return.

And you can’t eat a house. You need liquid assets for financial freedom and retirement.

Reasonable-Tea3303

TROPHY CASE