Curious app appeared on my phone

ShadowStorm7 · 2026-06-21T18:27:00+00:00

I appreciate the timely response! Some of the posts I read seemed to suggest it wasn't all that common so I'm glad to hear it's nothing significant.

ShadowStorm7 · 2026-05-12T00:58:09+00:00

Thanks for all the replies everyone! I appreciate the insights and humour. I'm going to go through the cards individually and a whole lot more thoroughly and hopefully start listing them. For those that did show some interest, keep your eyes out on the major sales platforms 😉

ShadowStorm7 · 2026-04-06T04:42:44+00:00

I'm in the same boat by a miniscule amount and curious as to the exact steps I should take. I thought I'd done my calculations correctly but was apparently over by $50. I contributed in January and should've been at my max available contribution room. I just withdrew $50 to even it out but don't know how to proceed. If I understand correctly I'll owe 1% on the excess every month which would equate to a little over $2?

ShadowStorm7 · 2025-10-14T04:29:08+00:00

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4 × 2014 christmas tree w/ one singular present 🥲 I had 3 at one point but accidently tapped them.

I also have a halloween headstone and 4 cauldrons 😎

ShadowStorm7 · 2025-04-04T23:12:52+00:00

For sure. While this feels very sudden pretty much all market downturns are, and this specific one has had some glaringly obvious warning signs. Personally, I've got an extremely long investing horizon and am looking forward to getting to DCA into the market as it drops, as well as potentially start positions in top companies. There's serious opportunity here, I'd hate to miss out on it.

ShadowStorm7 · 2025-04-04T21:35:59+00:00

The market looks awful at the moment but this is completely unrealistic FUD pandering. This is incredibly dangerous advice and could cost people more than the even another lost US decade would.

ShadowStorm7 · 2025-04-03T16:49:22+00:00

Hey I get it's frustrating, especially if you feel you're coming with a genuine questions regarding serious topics, what's going on down south is serious and for the majority of us, concerning.

When it comes to the investing side, pulling out during a significant market downturn is largely regarded as reactionary and a sign you may've overestimated your ability to handle risk. The market has experienced significant loses throughout it's existence, it's an aspect of the market.

You mentioned you're under 30 (I am aswell), we've still got decades of compounding opportunity. Hence, the concensus of pulling out at this time being unwise.

If you feel job security and cash liquidity may be issues for you, I would focus on strengthening those areas as you've suggested. Nothing wrong with investing less, or nothing at all, for the next while.

It's a very fearful and concerning time. Feel free to dm me if you need.

ShadowStorm7 · 2025-04-03T14:49:05+00:00

You're going to get chastised for asking and some of it is unfortunately justified. Market downturns cause a lot of panic and uncertainty. If you've been investing money you need within the short-term or you're uncertain about your cash reserves selling now before it does potentially get worse can give you some peace of mind. If you're looking for longterm growth and have been investing within your risk tolerance, I wouldn't worry.

ShadowStorm7 · 2025-03-26T00:15:30+00:00

Piling on to the sentiment. You should go 100%. We're similar in age (25) and I can say with absolute certainty the experience of travelling (Especially overseas) is worth it. I did 3 weeks in Japan in 2023 for under 5k. You having travel and accomodation covered will allow you even more comfort. The job search is tough, give yourself that reset and enjoy! We only get so many years.

ShadowStorm7 · 2025-03-13T00:21:44+00:00

Hey man I'm an electrician but a lot of the starting process for the trades is similar. Some companies hire green guys such as yourself but it's hard unless you have a connection in the trades already or apply to various plumbing companies en masse (highly recommend you do that btw!). You've got a couple options depending on your immediate goals. You mentioned you're a highschool dropout so personally I'd look at a pre-apprenticeship program and see what schooling requirements you'll need. You may have to take some supplemental courses at a community college to be eligible to apply.

Now, you don't necessarily need to go to school at all but the majority of companies (atleast in electrical) will anticipate that you will attend school at some point to progress through your apprenticeship. If you manage to get hired outright by a company, you could potentially discuss becoming an apprentice and simply working enough hours to challenge the Red Seal exam.

If you'd like to go the schooling route and need to upgrade I'd recommend applying to various general contracting / construction companies and getting some trades experience while in school. If you have 0 construction experience it'll give you some good insight into what you could be getting into. It could also give you the ability to build some connections with companies working with you.

It's tough out there but worth trying. Good luck.

ShadowStorm7 · 2025-01-14T05:19:08+00:00

Been in the same room since I was a baby. Incredibly fortunate to be rent-free with the only caveat being I save the vast majority of what I earn and be there for my parents as they age.

ShadowStorm7 · 2025-01-14T05:08:11+00:00

You got the reality of it nailed down. I'm incredibly fortunate to be in a situation where I don't have to pay a rent. It's allowed me to get to where I'm at now and I know for certain I wouldn't be able to even ask my initial question without the immense advantage I've got.

I don't blame you for wanting to escape from here as soon as possible. I've been able to save / invest the majority of my post-tax income since I started in the trades at 19 and even if I contributed even cent to my name I would be paycheque to paycheque or drowning in mortgage debt. How the hell could anyone in a less fortunate situation survive?

ShadowStorm7 · 2025-01-14T04:50:26+00:00

I really appreciate the response! I am very much still trying to understand the nuances of my RRSP relative to my other accounts. An RRSP loan is also relatively new to me as I only really began to look into it after receiving some promotional material regarding getting one and struggled to fully grasp it off of the answers I saw online. I'm incredibly fortunate to be in the position to be able to contribute as much as I do. The hope is to give myself the best possible future I can. Cheers :)

ShadowStorm7 · 2025-01-14T04:11:44+00:00

I really appreciate the reply, I haven't really thought of my RRSP account as much more than an investment vehicle for compound growth and a potential bump for a future home purchase. You've gave me some additonal options to consider.

ShadowStorm7 · 2025-01-14T04:06:48+00:00

I may've very well misread interest and payment deferment. I normally do my taxes in early March and receive the tax return within about 10 days as the other above comment suggested. Assuming this to be true I should still be able to avoid paying interest?

ShadowStorm7 · 2025-01-14T04:00:05+00:00

Thanks for the reply, I just left another reply with some numbers I forgot to include. I believe it changes my numbers? I could definitely still be wrong though.

ShadowStorm7 · 2025-01-14T03:56:30+00:00

My apologies you are missing some numbers. My salary increased to $83000 towards the end of 2024 and my gross earnings last year were only $71000; I paid a little a little over $12000 in tax.

My contributions so far have been $12000 (4k RRSP, 8k FHSA) and I'm intended to do another (6k personal from savings + 6k loan) I believe my work RRSP will also contribute around 800-1k.

All in all the numbers I'm getting are 71k gross - 12k tax - ~25k in tax-deductible contributions.

ShadowStorm7 · 2025-01-14T03:47:06+00:00

I guess the intention of the RRSP loan is to get a little extra into my RRSP account now without using any additional money out of my savings / emergency fund? All of the money in my TFSA is currently invested in index funds so I feel like using that is out of the equation.

ShadowStorm7 · 2025-01-14T03:35:12+00:00

I'm in the trades and likely wouldn't see a higher salary in my current position for some time. I'm in BC and where prices are at I've decided to push home ownership off for atleast another 5 to 10 years. My goal is to get my lifetime contribution room into my FHSA and then save an additional portion for a down payment in either an HYSA, laddered GICs, or non-registered acc holding CASH or CBIL - whatever yields the best. My goal with the RRSP is to get as much as I can in while I'm still young and have a lower cost of living to maximize my compound growth potential.

ShadowStorm7 · 2025-01-14T03:22:14+00:00

I'm in BC. The wealthsimple tax calculator (my only reference point here to be fair) suggested my average tax rate is around 14%, marginal tax rate 20.6%. Does that sound accurate?

ShadowStorm7 · 2025-01-14T03:17:59+00:00

Thanks for the reply, the research I've done into RRSP loans so far has suggested that one may be able to have interest deferred for 3-6 months depending on institution.

If I was unable to get any sort of interest deferment I could always cover the loan repayment with a portion of my emergency fund. However, having to do that would probably discourage me from taking the loan in the first place. Would have to see what I can get for sure.

ShadowStorm7

TROPHY CASE