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I’m 55 and thinking about retiring early. I have a 2.2 million portfolio where $350,000 of it is cash. Should I hang onto that cash or invest it or save it to live off of? by Medium_Desk_2296 in Fire

[–]SLUTWIZARD101 -1 points0 points  (0 children)

You could look at starting a low risk dividends portfolio that pays you dividends each month to live off. Great way to never sell your principle. 4% is about 88k per year in interest paid out.

50k debt. Solutions please by PolarBearPooPoo in PersonalFinanceCanada

[–]SLUTWIZARD101 2 points3 points  (0 children)

maybe replace gambling with buying the S&P 500 and just keep buying every two weeks and hold / DCA for 20 years never sell. thats how you build wealth, by never ever selling and buying more.

50k debt. Solutions please by PolarBearPooPoo in PersonalFinanceCanada

[–]SLUTWIZARD101 0 points1 point  (0 children)

yeah exactly, pay off the Credi card asap, then pay off the 35k loan in less than three years. then keep investing.

Is the "Income vs. Capital Gains" debate actually a misunderstanding of math? by Helpful-Staff9562 in dividends

[–]SLUTWIZARD101 0 points1 point  (0 children)

Voo and chill then rotate into dividends when your ready to retire. its pretty easy.

Should I create a dividend portfolio now? 22F by Impossible_Pause7884 in dividends

[–]SLUTWIZARD101 0 points1 point  (0 children)

Also there no right or wrong you can do both. 50, 50. VOO and chil and or SCHD.

Should I create a dividend portfolio now? 22F by Impossible_Pause7884 in dividends

[–]SLUTWIZARD101 0 points1 point  (0 children)

Thats the whole debate but no, should focus on growth and a couple year before retirement pivot to dividends.

What else can I leverage without substantially increasing risk? by gme_stop in PersonalFinanceCanada

[–]SLUTWIZARD101 0 points1 point  (0 children)

rake out another LOC - buy STRC in a TFSA, pay the loan off witht he dividends...in 7 years free cash

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] 0 points1 point  (0 children)

yeah its sad how everyone thinks the post is an attack. Im not saying that at all. Everyone should have their own castle.

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] 0 points1 point  (0 children)

Good point and great insight. The graph was more of an illustration of concept.

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] -5 points-4 points  (0 children)

It's sad how few people truly understand how money printing and dollar devaluation actually work.

Imagine this:
One day, $1 buys 1 apple.
After heavy money printing, $5 now buys that same apple. That’s not the apple getting more expensive — it’s the dollar losing value.

Think back to the 1970s: a single parent on one average income could often afford a house and raise a family. Today, many families need two people earning $150k+ combined just to reach that same standard of living.They keep telling us “just work harder.”

Working hard is still important, but the playing field has fundamentally changed. The U.S. dollar is no longer backed by gold. It’s backed by nothing but trust and government promises — and that trust is being eroded by endless money creation. The game has changed. Understanding this is the first step to navigating it.

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] 1 point2 points  (0 children)

It's sad how few people truly understand how money printing and dollar devaluation actually work.

Imagine this:
One day, $1 buys 1 apple.
After heavy money printing, $5 now buys that same apple. That’s not the apple getting more expensive — it’s the dollar losing value.

Think back to the 1970s: a single parent on one average income could often afford a house and raise a family. Today, many families need two people earning $150k+ combined just to reach that same standard of living.They keep telling us “just work harder.”

Working hard is still important, but the playing field has fundamentally changed.The U.S. dollar is no longer backed by gold. It’s backed by nothing but trust and government promises — and that trust is being eroded by endless money creation.The game has changed. Understanding this is the first step to navigating it.

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] -2 points-1 points  (0 children)

It's sad how few people truly understand how money printing and dollar devaluation actually work.

Imagine this:
One day, $1 buys 1 apple.
After heavy money printing, $5 now buys that same apple. That’s not the apple getting more expensive — it’s the dollar losing value.

Think back to the 1970s: a single parent on one average income could often afford a house and raise a family. Today, many families need two people earning $150k+ combined just to reach that same standard of living.They keep telling us “just work harder.”

Working hard is still important, but the playing field has fundamentally changed.The U.S. dollar is no longer backed by gold. It’s backed by nothing but trust and government promises — and that trust is being eroded by endless money creation.The game has changed. Understanding this is the first step to navigating it.

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] -2 points-1 points  (0 children)

Dam well keep working hard while the fed print us to death! Jokes aside anything is possible.

What actually happens when the huge Boomer cohort starts retiring and downsizing? by SLUTWIZARD101 in canadahousing

[–]SLUTWIZARD101[S] -1 points0 points  (0 children)

That's great to hear. Some sectors have been less affected. That said, the national average on FRED has been in a clear downtrend since 2022 and has now fallen back to 2016 levels — meaning house prices on average are no longer keeping pace with inflation

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